This is a huge plus for those of you that don't like to do math - you don't have to calculate how
many fractional shares of a stock or exchange - traded fund (ETF) you want to buy or sell.
However, since you can't
buy fractional shares of a stock or ETF, the minimum investment would be equivalent to the value of one share of either a stock or an ETF.
Whats unique about stash is, u can buy
fractional shares of a stock, granted there list of stocks are limited at the moment, they continue to add more, and its a flat $ 1 month fee, so depending on how much u r investing u can figure out the expense.
Investing clients own the individual whole and
fractional shares of the stocks or securities composing the portfolio based on the reference index.
Second, a DRIP allows you to buy
fractional shares of a stock and put 100 % of your dividend to work right away.
Tools like the ShareBuilder Investment Plan enable you to invest a set dollar amount and buy
fractional shares of stocks, ETFs and mutual funds.
It is free (no commissions and fees), you can be buying
fractional shares of the stock, easy to set up, and it is totally on autopilot.
Stockpile lets you buy
fractional shares of stocks, meaning your kids can choose the companies he or she knows and loves, and actually afford it.