The Internet continues to be instrumental in the creation of financial and trading tools that allow micro investors to poll funds and enjoy the benefits of scale advantages.
This product by Walmart, ING DIRECT and ShareBuilder appears to have brought access fees and investment requirements to surprisingly low levels (HT Faria).
Could it be a good way to build tiny portfolios when tax-advantaged options (401(k)s, 529s, IRAs, ESAs) are not available, convenient or relevant?
Disclaimer: this is not an endorsement. Investing in stocks is risky. There's no guarantee of positive returns. Make sure that you know your financial goals and the best ways to achieve them before investing.