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Love fractional shares. It feels like a lay-away program. I was able to buy an Amazon share using fractional shares. Now I could have just saved my money over the year and bought 1 share out right but I don't have that kind of will power. Now with fractional shares I bought $ 300 dollars worth every month until I had a full share. For some like me fractional shares is the way to go.
@Romeo ThePLUG some brokers don't charge for it, WHICH IS THE RIGHT THING TO DO (TO NOT CHARGE FOR BUYING FRACTIONAL SHARES). I use Trading 212, and they don't charge anything for buying fractional or whole shares.
I remember when I got access to fractional shares I was so excited to be able to invest $25 every two weeks. But then I found out that the brokerage was taking a $5 fee for it so I BOUNCED harder than Lebron driving to the hoop. I just went with passive index funds but now so many platforms have made it much cheaper and easier to use
Zero-commission brokerage has made that much more feasible. I now have my regular biweekly investment automated & spread across 20+ stocks,, so I’m basically my own ETF.
Thanks for this. I have to admit I think I was a bit more enthusiastic about fractional shares than I should have been, and I feel a lot more informed now on how to deal with them.
I love your educational knowledge. As well as video production and editing. And nice background. Honestly I think you're super genius. Most people are not.
Democratized is right. It’s become easier than ever to grow wealth because of this. Although I think index funds and ETFs are better for beginners. And you can still buy into an index fund with as little as a dollar depending on the brokerage you use.
If you're looking purely to have a safe bit of return, then sure, managed positions are often ... more or less correct. You still can't fully trust such management without knowing what they chose to invest in, but the point remains... If you are looking to gain experience with the stock market, picking right away is the best choice. Get burned by your bad practices when it really has little impact on your financial well being. Learn good habits, and sources of info.
@@SangoProductions213 all the same, index funds usually beat out the experienced as well. Picking and trading is just for the enjoyment of picking and trading. The IKEA effect, if you will. Chance are very high that you'll make less than the index no matter how much experience you have. Although, you'll probably have much higher volatility than an index, so you'll CRUSH the index for short spans of time, lol.
Many brokers do not "support" fractional shares, and considering how they work I would think that those shares would be sold and the investors compensated in proportion. I do not know any specific European or national legislation, but I do not see how they could transfer half a share
It depends of what type of broker it is. If it's a broker that doesn't offer you b class stocks, but instead u can buy lets say 0.01 Tesla. Well those kind of brokers, if they go bankrupt u receive your money according EU regulations and this also counts for their normal stocks. It's the type of broker that let's you buy on their internal marked and they take the opposite position on the real market, so you do not really own the stock, therefor in case if they go bankrupt you do not have any obligations to the stock, cause again you didn't own it. But that doesn't mean that those real stock selling brokers don't take positions again their costumers tho 🤣
Excellent segment -- thank you. I would like to add that, at least to my recollection, Warren Buffett has admitted that at least some of his motivation to have refrained from splitting Berkshire's class-A shares is simply emotional pride (the company even waited a relatively long while prior to offering its class-B option).
In Brazil we have a similar concept. When you buy ordinary shares, you're actually buying a group of a hundred (if you buy two, you buy a group of two hundred and so on...). Fractional shares allow you to buy 1-99 shares by the same relative price. So, let's say you want to buy 150 shares of XYZ. You'll have to place two orders to buy. One for 1 XYZ and another one for 50 XYZF.
Yes but if you convert currencies it's pretty much the same. Take PETR4 for example; it's currently traded at BRL25.34/share, meaning a 100 lot of shares is R$2534. Well, this is really USD482.67/lot as of Sept 11 2021. USD480 is on par with the individual share price of a blue chip US stock like FB, TSLA or APPL.
I started a taxable account with a service geared to novice investors which only allowed its customers to invest dollar amounts instead of specifying numbers of shares to buy or sell. Imagine my chagrin when I moved to a real brokerage and discovered that only whole shares are transferred between brokers. Every one of my fractional shares was liquidated at market price and the cash sent over instead.
Good info. Sounds like you never owned the shares at all and they did a calculation of what your money would have earned. At least some of your money amounted to a whole share in a company, right? What is the reason for not tranferring that?
@@adc9270 The reason is likely because these programs operate like index funds and you "own" some percentage of their fund, not any outright shares in the companies within the index. You couldn't transfer your Vanguard shares to iShares or Blackrock or whatever, even if they each track the S&P500 index.
ROUNDING UP isn’t mentioned in the video. Commission-free brokers might offer you fractional shares with no fee, but they will keep rounding up your orders. For instance, 1 share might cost $1177, but when you buy 0.1 share you will pay $118 and when you buy 0.01 share you will pay $12. As mentioned in the oversimplified example above it isn’t that big of a deal when you buy tenths of a share. However, if you start buying hundredths or thousandths of a share it can be quite costly.
True, but how much it matters depends on the broker’s policies, namely where they do that rounding. I use Fidelity, and they round to either 0.001 share or the $0.01. So the effect of rounding on, say, 0.001 share of Chipotle (priced at $2,903.44 as of this writing) is pretty small.
Isn't it just a combination of the market capitalization of all holdings within the index. In this case, the top 500 companies in America? Am I missing something here :/. And then to calculate share price, some indices may have more outstanding shares than others, decreasing share prices. Hmm
@@ekamsandhu134 this took me a while to understand so I don’t know how well I can explain it. but basically there’s different ways of calculating how much of each company the fund should own, its called weighted. if they decide to own a percentage of the company then large market caps like amazon and apple would influence it more than 1b market caps. If they do a set amount of shares then companies with higher share prices would influence it more. So no one knows exactly how its determined and the funds try to get as close as possible.
I just started doing this with the new recently merged Ameritrade and Charles Schwab, fractional share investing is NECESSITY in order to have the little guy having a chance to win and get into the market.
On thing with the Broker being able to execute the fraction shares when they are able comes the fact that they will not allow you to do things like "Stop Loss" or "Limit Orders" or other such non-Market Value trades. Usually you are limited to Market Value executions only.
Sadly WealthSimple doesn’t offer Berkshire Hathaway on a fractional basis, but they do offer some others and it’s very new to them. It’s quasi-real-time, they don’t batch but the transaction clears at the price at the end of the day. Luckily the stocks they offer on a fractional basis don’t tend to be *that* volatile. I’m a fan of the concept because of the DCA approach although I actually do it manually by buying small stocks and shifting them to single larger stocks when I accumulate sufficient funds (whether due to money I’ve added, or stock price changes). Either way, I love to see new options.
I also wonder if it makes more sense to encourage lower share prices for companies. As to increase the liquidity. Maybe a tax based on share prices. Lower the share price, lower the taxes.
I suspect that having a very high trading price for Berkshire discourages frequent trading and increases the stability of the share price. I could be wrong, though. Mr. Buffet and I don't hang out.
When drip or split or merger happens who owns the rest of the split share? Is it similar to the two services you presented where the broker or other people who batch bought with you own the rest of the share?
How does batching work if the brokerage doesn’t accumulate enough orders for a full share? For an extreme example, say I want to buy $1 of BRK.A and there aren’t enough other fractional orders. I assume this could also happen in between whole shares, e.g. there are 0.999 shares on order and I want another 0.1, would it fill 0.01 right away and then sit there maybe for a long time?
It should, yes. Imagine you buy Microsoft (share price around $400) at $50 a paycheck. After your eighth or ninth purchase those fractions will add up and pass the full-share mark. At least at my brokerage, from that point on the cobbled-together share is treated like any other full share. It gains voting rights and can be transferred.
The more cheaper to buy a stock, the more people can trade and make it more liquid. Liquidity is supposed to reflect fair price at given available information but what we have seen in the stock market is liquidity often makes a stock overvalued as it invites a lot of speculators who buy stock to hold short term
:A fractional share is a partial share of stock -- for example, one-half or one-third of a share. Fractional shares themselves aren't new. They occasionally turn up in investment portfolios, due to stock splits, mergers, or dividend reinvestment programs. You might own 19 shares of a stock that splits 3-for-2, for example. After the split, you'll have 28.5 shares. That one-half of a share functions like a smaller version of a whole share; it's worth 50% less and earns half the dividends, too. Here Some other reasons why you should not buy or trade fractional shares include With fractional shares, you lose a small portion of your return to your broker. There may be additional costs associated with fractional shares. With fractional shares, liquidity may be an issue. Stock availability may be limited with fractional shares. Fractional shares may come with trading limitations. Fractional shares may not give you voting rights
If I don’t have a full share and a stock splits then they give me cash in lieu for the stock how can they sell my stock for a loss and give me cash. Why can’t I just get more fractional shares?
From the second "drawbacks", if I understand correctly, you don't own the fractionnal share but the broker does ? And so the brokers owe you this fraction of the share ?
hey plain bagel, i just started a roth ira and i was wondering if mutual funds or etfs will be better suit for it? everyone online is saying MF, but i like the freedom etfs gives me
He's Canadian, so may not know the specifics about Roth IRA's or answer because of that. That said, he's knowledgeable and responsive, so who knows? :) That said, Roth IRAs are a lot like Canadian TFSAs and, for those, it makes no difference whether you hold a mutual fund or etf in it, all things being equal. That being said, look to the fees (both trading and management) you'd incur if you're looking at an etf and mutual fund that otherwise hold the same things. No idea if there's a Roth IRA specific issue beyond that though.
My broker (Hatch Invest) exclusively offers fractional orders. They just ask how much money I want to put on one position and do the trade, giving me whole and fractional units. Convenient but makes my portfolio look gross with all those numbers.
There is one thing not mentioned here. Since with fractional shares, you dont own the stock yourself. Which makes it very difficult in case your broker has to close or goes out of business somehow
I would not be able to invest without fractional shares. Luckily, my broker (Trading 212) doesn't charge fees for buying fractional or whole shares (or both). And the orders get executed in real time (if the markets are not closed of course).
Happy Friday! The first 100 people to use this link (or use coupon code PLAINBAGEL) will get a free week of Noa's premium subscription, plus 37% off the annual fee: www.newsoveraudio.com/bagel
"Rather than buying a slice fo the pie, why not buy a slice of the slice"
This killed me.
Love fractional shares. It feels like a lay-away program. I was able to buy an Amazon share using fractional shares. Now I could have just saved my money over the year and bought 1 share out right but I don't have that kind of will power. Now with fractional shares I bought $ 300 dollars worth every month until I had a full share. For some like me fractional shares is the way to go.
@Romeo ThePLUG some brokers don't charge for it, WHICH IS THE RIGHT THING TO DO (TO NOT CHARGE FOR BUYING FRACTIONAL SHARES).
I use Trading 212, and they don't charge anything for buying fractional or whole shares.
@Romeo ThePLUG webull and Robinhood both do fractional shares for free zero commisions
I remember when I got access to fractional shares I was so excited to be able to invest $25 every two weeks. But then I found out that the brokerage was taking a $5 fee for it so I BOUNCED harder than Lebron driving to the hoop. I just went with passive index funds but now so many platforms have made it much cheaper and easier to use
I think you meant bounced faster than LeChina flopping
Zero-commission brokerage has made that much more feasible. I now have my regular biweekly investment automated & spread across 20+ stocks,, so I’m basically my own ETF.
Lemmie buy into you id love some magic been etf @@Magic_beans_
WEBULL in APRIL 2024, does not charge a fee. They make U buy fractional shares @ market rate. Not a bad deal.
@@Magic_beans_ FACTS
My brooker recently anounced they are going to start trading fractional shares, so this video is on perfect timing.
Thanks for this. I have to admit I think I was a bit more enthusiastic about fractional shares than I should have been, and I feel a lot more informed now on how to deal with them.
Fractional shares makes my life so much easier. Auto reinvest dividends in the companies I bought. (Target, Microsoft, Seagate, etc)
Dump money into my portfolio every 2 weeks, and auto reinvest those dividends. Investing is easy now.
@@gamingguru2k6 "Investing is easy now" - famous last words before recession xD
@@grouchyinvestor2542 "Investing is easy now"- every new retail investor during a bull market
@@gamingguru2k6 Investing is easy proceeds to lose all my money
@@isum9674 Easy as in, low barrier to entry.
This was a great video. Explained in a very logical and engaging way and considered many aspects of the subject! Thanks Plain Bagel.
I love your educational knowledge. As well as video production and editing. And nice background. Honestly I think you're super genius. Most people are not.
Love this format, informative, straight to the point and trying to make it as understandable as possible.
Thank you a lot Plain 🤗
Democratized is right. It’s become easier than ever to grow wealth because of this. Although I think index funds and ETFs are better for beginners. And you can still buy into an index fund with as little as a dollar depending on the brokerage you use.
If you're looking purely to have a safe bit of return, then sure, managed positions are often ... more or less correct. You still can't fully trust such management without knowing what they chose to invest in, but the point remains...
If you are looking to gain experience with the stock market, picking right away is the best choice. Get burned by your bad practices when it really has little impact on your financial well being. Learn good habits, and sources of info.
@@SangoProductions213 all the same, index funds usually beat out the experienced as well. Picking and trading is just for the enjoyment of picking and trading. The IKEA effect, if you will. Chance are very high that you'll make less than the index no matter how much experience you have. Although, you'll probably have much higher volatility than an index, so you'll CRUSH the index for short spans of time, lol.
Basic b!tch bagel boi and his conservative simps
If the broker goes bankrupt, you'll get back your securities after some time (at least in Europe). Does it work the same with fractional shares?
Yes. Still covered by SIPC in America.
Many brokers do not "support" fractional shares, and considering how they work I would think that those shares would be sold and the investors compensated in proportion.
I do not know any specific European or national legislation, but I do not see how they could transfer half a share
It depends of what type of broker it is. If it's a broker that doesn't offer you b class stocks, but instead u can buy lets say 0.01 Tesla.
Well those kind of brokers, if they go bankrupt u receive your money according EU regulations and this also counts for their normal stocks.
It's the type of broker that let's you buy on their internal marked and they take the opposite position on the real market, so you do not really own the stock, therefor in case if they go bankrupt you do not have any obligations to the stock, cause again you didn't own it.
But that doesn't mean that those real stock selling brokers don't take positions again their costumers tho 🤣
Excellent segment -- thank you.
I would like to add that, at least to my recollection, Warren Buffett has admitted that at least some of his motivation to have refrained from splitting Berkshire's class-A shares is simply emotional pride (the company even waited a relatively long while prior to offering its class-B option).
Yeah, basically didn't want to be involved with "poor people"
Hi can you make a video on the different levels of the shares of the same company like level A and level B
In Brazil we have a similar concept. When you buy ordinary shares, you're actually buying a group of a hundred (if you buy two, you buy a group of two hundred and so on...). Fractional shares allow you to buy 1-99 shares by the same relative price.
So, let's say you want to buy 150 shares of XYZ. You'll have to place two orders to buy. One for 1 XYZ and another one for 50 XYZF.
Yes but if you convert currencies it's pretty much the same. Take PETR4 for example; it's currently traded at BRL25.34/share, meaning a 100 lot of shares is R$2534. Well, this is really USD482.67/lot as of Sept 11 2021. USD480 is on par with the individual share price of a blue chip US stock like FB, TSLA or APPL.
lots of Asian country do that
No it's completely different. You either buy 1 stock or 100. There's no way to buy 1/100 of a stock.
I started a taxable account with a service geared to novice investors which only allowed its customers to invest dollar amounts instead of specifying numbers of shares to buy or sell. Imagine my chagrin when I moved to a real brokerage and discovered that only whole shares are transferred between brokers. Every one of my fractional shares was liquidated at market price and the cash sent over instead.
Acorns?
@@iansweeney3831 Stash. Moved to Fidelity. Pretty happy with it.
Good info. Sounds like you never owned the shares at all and they did a calculation of what your money would have earned. At least some of your money amounted to a whole share in a company, right? What is the reason for not tranferring that?
@@adc9270 The reason is likely because these programs operate like index funds and you "own" some percentage of their fund, not any outright shares in the companies within the index. You couldn't transfer your Vanguard shares to iShares or Blackrock or whatever, even if they each track the S&P500 index.
This is the best video on fractional shares. It would be even better by showing an example.
Thank you for the video.
Thank you for a clear explanation.
ROUNDING UP isn’t mentioned in the video.
Commission-free brokers might offer you fractional shares with no fee, but they will keep rounding up your orders. For instance, 1 share might cost $1177, but when you buy 0.1 share you will pay $118 and when you buy 0.01 share you will pay $12.
As mentioned in the oversimplified example above it isn’t that big of a deal when you buy tenths of a share. However, if you start buying hundredths or thousandths of a share it can be quite costly.
True, but how much it matters depends on the broker’s policies, namely where they do that rounding. I use Fidelity, and they round to either 0.001 share or the $0.01. So the effect of rounding on, say, 0.001 share of Chipotle (priced at $2,903.44 as of this writing) is pretty small.
Great content. You should have more viewers!
I love the sound of fractional shares. Means instead of having cash sitting in your account it can be put to use.
@The Plain Bagel I couldn't find a good video on how the value of the S&P500 index is actually calculated. Do you think you could tackle this issue?
Its a company secret
Thats why some of the funds that copy it go up or down by different amounts because no one knows exactly how it’s calculated
Isn't it just a combination of the market capitalization of all holdings within the index. In this case, the top 500 companies in America? Am I missing something here :/. And then to calculate share price, some indices may have more outstanding shares than others, decreasing share prices. Hmm
@@ekamsandhu134 this took me a while to understand so I don’t know how well I can explain it. but basically there’s different ways of calculating how much of each company the fund should own, its called weighted. if they decide to own a percentage of the company then large market caps like amazon and apple would influence it more than 1b market caps. If they do a set amount of shares then companies with higher share prices would influence it more. So no one knows exactly how its determined and the funds try to get as close as possible.
It's all the companies in the index weighted by market capitalisation.
I just started doing this with the new recently merged Ameritrade and Charles Schwab, fractional share investing is NECESSITY in order to have the little guy having a chance to win and get into the market.
On thing with the Broker being able to execute the fraction shares when they are able comes the fact that they will not allow you to do things like "Stop Loss" or "Limit Orders" or other such non-Market Value trades. Usually you are limited to Market Value executions only.
Sadly WealthSimple doesn’t offer Berkshire Hathaway on a fractional basis, but they do offer some others and it’s very new to them. It’s quasi-real-time, they don’t batch but the transaction clears at the price at the end of the day. Luckily the stocks they offer on a fractional basis don’t tend to be *that* volatile.
I’m a fan of the concept because of the DCA approach although I actually do it manually by buying small stocks and shifting them to single larger stocks when I accumulate sufficient funds (whether due to money I’ve added, or stock price changes).
Either way, I love to see new options.
very good explanation thank you
Thank You for video.
Question, what will happened with fraction of share if broker got bankrupt, will it be covered by SIPC?
I also wonder if it makes more sense to encourage lower share prices for companies. As to increase the liquidity. Maybe a tax based on share prices. Lower the share price, lower the taxes.
I suspect that having a very high trading price for Berkshire discourages frequent trading and increases the stability of the share price. I could be wrong, though. Mr. Buffet and I don't hang out.
Definitely understand better now
If one has two 0.5 shares of a company , will it be combined into one whole unit and will it be transferable to different broker?
Great explanations. Now I know the terms for what my broker is doing.
When drip or split or merger happens who owns the rest of the split share? Is it similar to the two services you presented where the broker or other people who batch bought with you own the rest of the share?
makes me wonder if i should continue watching when little mistakes like that r made
Can you male a video on the technicall tools you use for search and analisys? Thank you
Hi Richard. Love your videos. Can you do a videos explaining Fractional Reserve Banking? Please.
How does batching work if the brokerage doesn’t accumulate enough orders for a full share? For an extreme example, say I want to buy $1 of BRK.A and there aren’t enough other fractional orders. I assume this could also happen in between whole shares, e.g. there are 0.999 shares on order and I want another 0.1, would it fill 0.01 right away and then sit there maybe for a long time?
Can you explain about tapering and the effect to the other country market as well? Thx
What about options trading with fractional shares? It’s hard to get 100 shares of amazon...
After buying so many fractional shares, does it eventually add up to a whole share?
It should, yes. Imagine you buy Microsoft (share price around $400) at $50 a paycheck. After your eighth or ninth purchase those fractions will add up and pass the full-share mark. At least at my brokerage, from that point on the cobbled-together share is treated like any other full share. It gains voting rights and can be transferred.
Do ETFs can be fractionalized too?
Thank You 👍 👌 💯
The more cheaper to buy a stock, the more people can trade and make it more liquid. Liquidity is supposed to reflect fair price at given available information but what we have seen in the stock market is liquidity often makes a stock overvalued as it invites a lot of speculators who buy stock to hold short term
Can you make a video about long term capital gains tax and short term capital gains tax with fractional shares
Remember when stock splits were all the rage in 2020? Fractional shares are here to ruin the party lol
love your videos
So you should avoid fraction buys unless its too a fund of stocks?
What about revolut, they offer fractional stocks before Ibkr, basically from the beginning of the feature introduction
Great info. Thanks.
keep to jokes coming, its adds to the video!
I think there’s a third option: some brokers also enable fractional trades through derivatives, which is probably the worst solution.
:A fractional share is a partial share of stock -- for example, one-half or one-third of a share. Fractional shares themselves aren't new. They occasionally turn up in investment portfolios, due to stock splits, mergers, or dividend reinvestment programs. You might own 19 shares of a stock that splits 3-for-2, for example. After the split, you'll have 28.5 shares. That one-half of a share functions like a smaller version of a whole share; it's worth 50% less and earns half the dividends, too. Here Some other reasons why you should not buy or trade fractional shares include
With fractional shares, you lose a small portion of your return to your broker.
There may be additional costs associated with fractional shares.
With fractional shares, liquidity may be an issue.
Stock availability may be limited with fractional shares.
Fractional shares may come with trading limitations.
Fractional shares may not give you voting rights
And why Buffett got a small version of Berkshire Hathaway? Well, he wanted to have the ETF if his own company, instead of others profiting from it.
Keep it up!👍
are there any canadian brokers that offer realtime fractional shares? or any upcoming?
Hey I am outside of North America,
Can a Individual purchase Fractional ETF's?
Iam in the uk .
No problem 👍👍👍👍
@@lawrencer25 Cheers Mate!
How would a brokerage handle a limit order for a fractional share?
I don’t see anyone else saying if there are any costs associated with fraction shares compared to whole shares.
Fractional shares make investing much easier
Hi every one i have qst ,is it this investement work and if there is any other investement work?
Great Channel. Can you make a video explaining Covered Call ETF's?
Chipotle if you think the food is costly look at CMG share price.
If I don’t have a full share and a stock splits then they give me cash in lieu for the stock how can they sell my stock for a loss and give me cash. Why can’t I just get more fractional shares?
From the second "drawbacks", if I understand correctly, you don't own the fractionnal share but the broker does ? And so the brokers owe you this fraction of the share ?
No you still own the shares, the broker just takes the "rest" of the stock when they offer real time trading. Hope that clears it up!
i find fractional shares very helpful for 3rd world countries where $ is so high, giving us chance to invest in US
U said if buy 1/10 of a stock then I'll get 1/10 percent of dividend then gonna say I got exact dividend of the whole stock unit
hey plain bagel, i just started a roth ira and i was wondering if mutual funds or etfs will be better suit for it? everyone online is saying MF, but i like the freedom etfs gives me
He's Canadian, so may not know the specifics about Roth IRA's or answer because of that. That said, he's knowledgeable and responsive, so who knows? :)
That said, Roth IRAs are a lot like Canadian TFSAs and, for those, it makes no difference whether you hold a mutual fund or etf in it, all things being equal. That being said, look to the fees (both trading and management) you'd incur if you're looking at an etf and mutual fund that otherwise hold the same things. No idea if there's a Roth IRA specific issue beyond that though.
Why can't we have fractional options?
Are fractional share you buy a piece an pay it it in small amounts till you make a full share os that how it works this is what I'm confused about
Do you actually own a stock that you started buying it in smaller pieces and you finally got around 1 share?
Gracias!!!
My broker (Hatch Invest) exclusively offers fractional orders. They just ask how much money I want to put on one position and do the trade, giving me whole and fractional units.
Convenient but makes my portfolio look gross with all those numbers.
G' damn I need to invent a Time mashine.
To do what ?
@@Tigrou7777 To invest in BRK before it took off.
@@Drugs_Explained or just… buy GME leaps last October
@@joshgould2707 Yup that 2.
@@Tigrou7777 see what happens to bitcoin 10 yrs down the line to see if it goes up or down
Similar video on ETFs 🙏🏼
I wish Questrade would allow fractional shares!
May be that one dislike would have been a fractional Like instead.
UA-cam should introduce fractional likes!
ok
Morning
There is one thing not mentioned here. Since with fractional shares, you dont own the stock yourself. Which makes it very difficult in case your broker has to close or goes out of business somehow
Mr."Half Dount", may your subs increase 2.3 shares. Pump the stock.
I'm happy to own 0.003% of Berkshire Hathaway Class A shares.
Why not just split?
OUR NERD how are you!!!
I would not be able to invest without fractional shares. Luckily, my broker (Trading 212) doesn't charge fees for buying fractional or whole shares (or both). And the orders get executed in real time (if the markets are not closed of course).
Great video however the background music is distracting and difficult to follow you as a hard of hearing viewer. 😩
WHY ARE YOU NOT TALKING ABOUT CHINA EVERGRANDE
Fractional pennystocks when??!
India doesn't allow fractional share ownership. ETF and mutual funds are only option here.
Update
Plin
Hey i think it's time to change the background music isn't it haha ?
Just buy before the price is too high. ;)
I hope atty. libayan watches this video.
Function, functionality is a nonce word
This is misinformation. Sharebuilder let you buy fractional shares way back in 2007. I used to use them. You could only trade on Tuesday mornings.
2024
Let me walk the dog, oh I don’t have a dog.. “spends money on a dog”. Now has to buy fractional shares because of his expensive dog 😂
berkshire a dude not b
Don't buy pets from pet stores. They aren't treated well
Fractional share is stupid. Just do LEAPS and PMCC