My next monthly ShareBuilder automatic investment (for September 2006) is on Tuesday

My next monthly automatic investment through ShareBuilder will occur on Tuesday, September 12, 2006. The cash will automatically be debited from my bank checking account on Monday and the purchase (Microsoft (MSFT) stock) will occur "sometime" on Tuesday. There is a fixed $4 commission on each monthly purchase. This is my fourth monthly purchase for this new dollar-cost averaging investment plan.

The debit to my bank checking account doesn't seem to actually hit until Tuesday.

This investment plan is actually a very small plan, but when you're trying to rebuild your finances after a bankruptcy, every little bit helps.

I still haven't decided whether to switch this plan so that it contributes to a Roth IRA account. For now, I would prefer to keep it readily available if for some reason I need to sell it to raise cash for unforeseen contingencies.

-- Jack Krupansky