Fractional Shares Let You Invest in Apple or Amazon for $1. But Should You?
With fractional shares you name your price when you invest in stocks. You decide the dollar amount you want to invest and you get a proportional fraction of a share. For example, let’s say you want to invest in Netflix, but you only want to spend $25. It doesn’t matter if a share of Netflix costs $400 or $500 or even $1,000. If $25 is what you want to spend, that’s what you’ll pay. If Netflix was trading for $500, you’d get 5% of a share.
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