If You Have $1 a Day, Buy These Stocks! | Summary and Q&A

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November 1, 2021
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Let's Talk Money! with Joseph Hogue, CFA
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If You Have $1 a Day, Buy These Stocks!

TL;DR

Learn how to invest in high-priced stocks like Amazon and Berkshire Hathaway with as little as one dollar through fractional share investing.

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Key Insights

  • πŸ‘» Fractional share investing allows investors to access high-priced stocks that were previously out of reach due to their cost, such as Amazon and Berkshire Hathaway.
  • πŸ˜€ Weeble is a no-fee investment app that offers fractional share investing, as well as options trading, ETFs, and cryptocurrency.
  • πŸ“ž Fractional shares receive the same benefits as whole shares, including dividends and capital gains.
  • πŸ₯³ Investing in fractional shares can be done with as little as one dollar a day, providing the opportunity for long-term wealth accumulation even with small investments.
  • πŸ’ͺ Fortinet is a cybersecurity company with strong revenue growth and increasing operating margins, making it an attractive fractional share investment option.
  • πŸ’ͺ ServiceNow, a leader in IT software services, has shown significant revenue growth, profitability improvement, and strong customer retention, making it an appealing fractional share investment choice.
  • βœ‹ Amazon, despite its high share price, continues to dominate multiple markets and has achieved substantial revenue growth, with the potential for improved profitability in the future.
  • πŸš™ Tesla, known for its electric vehicles, has experienced rapid growth in both revenue and operating income, making it an intriguing fractional share investment opportunity.
  • 🦻 Autodesk, a software and computer-aided design company, has demonstrated double-digit revenue growth and improved operating margins, positioning it well for future market growth.

Transcript

some of the best stocks just seem out of reach for most investors shares of companies like amazon and warren buffett's berkshire hathaway have created millionaires but cost thousands of dollars each in this video i'll show you how to buy these stocks with as little as one dollar how to ride these stocks higher i'll share everything you need to know... Read More

Questions & Answers

Q: What is fractional share investing?

Fractional share investing is a service provided by certain investment apps that allows investors to buy a fraction of a share of a stock, making it possible to invest any amount, even if the stock price is high.

Q: How do you buy fractional shares?

To buy fractional shares, you simply specify the amount you want to invest instead of the number of shares. The app will calculate and allocate the corresponding fraction of a share to your portfolio.

Q: Do fractional shares pay dividends?

Yes, fractional shares do pay dividends. The dividend payment is based on the fraction of shares you own, so if you own half a share and the stock pays a dividend of $2 per share, you will receive $1 as a dividend payment.

Q: How do you sell fractional shares?

Selling fractional shares works the same way as selling whole shares. You sell the fraction of a share you own at the current share price, and the proceeds are added to your account balance.

Summary & Key Takeaways

  • Many well-performing stocks, such as Amazon and Berkshire Hathaway, are too expensive for most investors, but fractional share investing allows anyone to invest in them with any amount of money.

  • Fractional share investing enables investors to buy a fraction of a share of a stock instead of a whole share, making it accessible for those with limited funds.

  • Popular investment app, Weeble, offers fractional share investing along with other investment options like ETFs and options trading.

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