Buying fractional shares can be a smart way to invest for someone who doesn’t have the capital to buy whole shares at once though wants to start investing now.
The theory behind fractional shares is nothing more than allowing people to invest in a company with an expensive share price with smaller amounts of money.
Fractional shares allow you to diversify your portfolio with ease, which can help spread the risk of your investments and potentially increase your overall return.
These stock brokers have enabled a new generation of investors to buy into the stock market without credence to share prices thanks to fractional trading capabilities.
SoFi Invest is an app that allows you to invest in stocks with whatever dollar amount you prefer because the app offers its investing products with fractional shares.