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Fractional Finance Your Way to Wealth
A Crash Course in Buying “Part” of a Stock
New to the Stock Market? All of us were at one point or another. Most Americans still are. It all just seems so intimidating. And expensive.
Few people new to investing know about or understand fractional shares, even though they’ve understood fractions since around the fourth grade. Most of us grew up understanding only that a share cost a certain price and that’s the price we pay to purchase that investment.
That kind of thinking has kept many people away from entering the market in the first place. Sure, there have always been affordable shares of affordable companies, but even then, investors had to commit to buying shares in lump sums. So, when you bought Acme shares at $15 per share and saw a good return, watching the stock climb to $45 per share, it was all the more costly to buy more, shutting many people out of a growth opportunity. If that stock price soared to $145 or $245 per share, it was simply out of reach altogether.
Where I might not be able to lay down $500 for a single share of Acme, I can pay $50 to get part of a share.
Amazon is a perfect example of that type of growth.
