Can I set up an automatic investment plan?

Yes, eTrade does offer the ability to set up an automatic investment plan through its platform. This feature enables investors to automate their contributions to specific investment accounts or funds on a regular basis. Investors can determine the frequency of the contributions, which could be weekly, bi-weekly, or monthly, depending on their preferences. When setting up an automatic investment plan, investors can choose the amount they wish to invest each time, which allows for a disciplined investment strategy and can help in dollar-cost averaging. To establish an automatic investment plan, investors typically navigate to their account settings or investment options within the eTrade platform. From there, they can select the specific account or investment they wish to fund automatically, along with the contribution details. It is advisable to visit the eTrade website for the latest information and step-by-step instructions, as the features may be updated periodically. This can help ensure that investors set up their plans accurately and efficiently.