So, in the fall you sign up for college. You decide to take Economics as an elective and learn about stocks. You heard your classmates talking about Tesla and like the idea of investing in the company because – Elon Musk. The price of everyone’s favorite stock, Tesla, is around $1,500.00. At this time you are idea rich and cash poor. What is a future million to do? Thanks to the latest investment craze you can own a share of the “Elon.” No longer do you need to purchase an entire share of a share. The free market is here to solve your small purse issue with the advent of fractional-shares Go to your favorite brokerage such as Fidelity or Robinhood and buy a part of Apple (AAPL) for as little of a few dollars. The advantage to the new or smaller investor is the ability to join the market party.
As with anything you must weigh the risk and reward of your decision. In future post we will discuss the idea of purchasing fractional shares. Today, start with the WSJ article.
the Java Exchange 