Stocks are turning into just another thing you buy online, and that’s a good thing

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

Noastack News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

You put your money to work when you choose, not when you’ve accumulated enough to buy one or more shares

, creator of devices the world craves, the largest name in the S&P 500 index and a stock that has increased a cumulative 670 per cent in the past 10 years.

Fractional shares have been available for years in the U.S. market, where brokers compete harder and deliver better innovations faster. Mutual funds were the original investing democratizer in allowing people to put any amount of money to work, subject to starting minimums of $100 and up. Nobody says, “I’ll have 200 units of the ‘XYZ Canadian Equity Fund.’” Instead, they invest $400, $657 or whatever they have on hand.

Whatever tools you give investors, some will take on too much risk and learn from the experience. As online investing took off in the late 1990s, discount brokers were overwhelmed with investor demand to trade tech stocks that crashed and burned. Today, no one questions DIY investing. Even people with advisers commonly have their own trading accounts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Magnificent Seven stocks: Ride with them or avoid?Five thing investors can learn about tech stocks from finance professor Lucy Ackert
Source: globeandmail - 🏆 5. / 92 Read more »

US stocks could be in store for a 10% slide: CitiUS stocks could be headed for a steep slump, according to a new note from Citi strategists. The team wrote that exposure to the S&P 500 (^GSPC) has reached...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Rising bond yields weigh on stocks and Bitcoin; gold continues trek higherThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Market movers: Stocks seeing action on TuesdayA survey of North American equities heading in both directions
Source: globeandmail - 🏆 5. / 92 Read more »

JPMorgan, at Odds With Goldman, Sees Solid Run Ahead for StocksStrategists at two of Wall Street’s biggest banks have reached diverging conclusions about where the US stock market is heading in the years ahead.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stocks slide, yields up on 'higher for longer' rates viewThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »