One potential drawback to active trading of larger portfolios is the costs associated
with buying and selling larger numbers of stocks. To counter this problem we have
partnered with the on-line stock broker, FolioFn, so that all trades in the AlphaKing
portfolios can be executed for a total cost of $290 per year. That is a substantial
saving over traditional discount brokers. For instance, to trade the 25 stocks in our
small cap portfolio 3 times each year would cost over $1,600 with a $10.95 commission
charge. That is a saving of over $1,310 each year!
Simply click on the link below to visit FolioFn to open an account, add the ticker
symbols from the AlphaKing portfolios to a Folio you set up once your FolioFn account
is funded, and trade all of these stocks as a block trade with 1 click. Adding and
removing stocks to the portfolio is equally easy, and fractional shares are allowed,
with no minimum investment required.
FolioFn does not facilitate shorting stocks, thus only the long-only versions of our
portfolios can be traded at FolioFn. Since our research shows that shorting stocks
is a very difficult pursuit - much more difficult than trading long - this should
not be a problem for most followers of the AlphaKing portfolios, who should be trading
the long-only versions anyway.
We do receive a modest payment from FolioFn for providing this service, so please
begin the sign up process via the link below if you decide to open an account
either today or anytime in the future.