Secondly, do you know that the Math on your ETF will always work out to whole numbers of shares or do you plan on using brokers that would allow
fractional shares easily?
Not exact matches
Generally, you auto invest $ x / month into an open - end fund and will have
fractional shares that are handled
easily.
Fractional share investing allows you to put that advice to work on your personal finances — when you add in the possibility of automation at M1, auto rebalancing, auto deductions and auto payments — and you can
easily see how even a small daily or weekly commitment to saving cash and investing it will put you on the path to building a stable a financial future.
No, people who are invested in Dividend Reinvestment Plans will be familiar with
fractional shares, the difference with M1 is that we allow you to
easily buy and sell
fractional shares directly through our platform.
Being able to buy
fractional shares with no fees can help someone take advantage of dips more
easily than I can.