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Dollar-based investing / buy & sell partial shares of stock
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Stocks you may have thought too expensive, are now within reach. |
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By investing in dollar amounts, you are not limited to whole share quantities, you can buy partial shares. Over time you can build up your position in that stock. |
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Example: P&G is trading at $98.24. You have $50 to invest. Rather than delaying your investment until you have enough money saved, you can invest the $50 and buy about a half of a share of P&G. |
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