![]() Of course, it’s not enough to simply invest in dividend stocks – you should be maximizing your gains with a dividend reinvestment plan (DRIP). How much money are you currently investing in dividend stocks ? If you’ve been focused on other investment options because prices for full shares of dividend stocks are too expensive, then Stockpile is an excellent resource for accessing fractional shares of stocks that pay dividends. If your looking for a professional brokerage for an active investor, I recommend IB – here is my Interactive Brokers review. However, this is not the trading platform for an active investor. Compared to E*Trade’s $6.95/trade, Charles Schwab’s $4.95/trade and AmeriTrade’s $6.95/trade fees, Stockpile is one of the most affordable online stock trading platforms out there. There are no monthly account fees or account balance minimums – just a $0.99 fee each time you buy/sell stocks (plus a 3% surcharge, if you pay with a credit card). With Stockpile, go ahead and invest whatever amount you can afford into a particular stock or ETF (there are more than 1,000 to choose from), whether that’s $10 or $800+ (one-time deposit or monthly Stockpile lets you set up recurring deposits, if you’d like). This means that popular-but-expensive stocks like Apple, Amazon, Google and Netflix are no longer out of reach for casual investors who simply can’t afford to drop hundreds or thousands of dollars on a single share. One of the best benefits Stockpile offers is the ability to buy partial shares of stock. Want to give your family and friends the gift of financial prosperity for the holidays? Here are some reasons why Stockpile is an unusual, though awesome gift idea for any celebration: Buy Partial Shares of Stock Better yet, Stockpile has a gift card option, which is truly a gift that keeps on giving over time (even if it’s not as exciting as a new video game or spa treatment). Stockpile, an online broker that gives everyday investors access to fractional shares of stocks and ETFs, is a great place to start investing in stocks. Thanks to the rise of low-fee investment platforms like Stockpile, achieving financial independence is no longer a far-fetched fantasy – middle class and even low-income folks can also get more involved in wealth accumulation without requiring the help of a human financial adviser. The financial technology (“fintech”) sector is booming right now, as more and more people want to get involved in more complicated aspects of investing that used to be reserved for wealthier individuals and finance professionals. In my Stockpile review, I share the process of creating a custodial account (with pictures) and how quickly one can setup an account after receiving a Stockpile gift card. Want to give the gift of stocks to a friend or loved one? This is how I chose to introduce my child to the wonderful world of investing.
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