Charles Schwab to offer investors fractional trades of S&P 500 companies including Amazon and Apple

Called Schwab Stock Slices, investors will be able to trade fractional shares of any S&P 500 company starting at $5 each.

That means if you had $30 to invest and wanted to buy Amazon, Facebook and Google, you could buy $10 worth of shares for each company, regardless of their share price, commission-free. That brings down the cost of entry significantly for those interested in trading individual stocks. If you are interested in investing in fractional shares, first make sure you are contributing a healthy sum to a retirement account and investing inlike the S&P 500, rather than picking and choosing individual companies to invest in, financial experts say.

MakeIt

MakeIt The shitshow begins again

MakeIt The situation is getting dire.

MakeIt Ohhh, I guess they need some new business.

MakeIt If you can afford only fractional shares you shouldn’t be in the market frankly. Invest in yourself.

MakeIt Good news Vested_finance

MakeIt davehanson ChrisCamillo DumbMoneyTV this is something good to announce on the show to rest to people! Especially since many people starting dont have enough to buy an AMZN or GOOG

MakeIt Lol following in the footsteps of RobinhoodApp again.

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Source: Forbes - 🏆 394. / 53 Read more »