Robinhood.com introduces fractional shares!

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Robinhood.com introduces fractional shares!!! (Quick Post)



I found some exciting news the other day; Robinhood.com has introduced fractional shares! If you don't know what Robinhood.com is or what a fractional share is that IS NOT A PROBLEM! I would like to help. I promise this post will be quick and hopefully easy to understand.

What is Robinhood.com?

First of lets look at Robinhood.com. It is a website and an app for investing into the stock market or shares. It is free, you can invest just about any amount, and you can pull money out any time. To learn more about Robinhood.com check out my review here!

Why is the introduction of fractional shares so exciting?

In short, flexibility, flexibilty, flexibily! A lot of investing software and websites do not offer fractional shares however, the apps I recommend on the link above, 401k plans and similar, and now Robinhood.com offer fractional shares!

What makes fractional shares so exciting?

As mentioned most investments sadly exclude fractional shares, but what makes a fractional share more important? Keep reading! :-)

What is a share or stock?

As simple as it gets: A share or a stock (same thing) is a part of a company. If you own stock or a share of that company, you technically "own" a little percentage of that company. So, as the company grows, so does your investment. The hard part about "standard" investing is that your required to purchase an entire share and this can get expensive. This makes it hard to invest! :-(  Big sad!

Tell me the joys of fractional shares!

Some companies that help manage investing will allow "fractional share" investments. Simply put, this allows you to invest almost any amount depending on the company you are using to manage your investment. Any amount! As little as a dollar. 

Lets say you really like, trust, and believe in a company BUT it's $247.00 for a single share. Oh boy...for some this is both a trust issue and difficult to invest in, especially if your on around minimum wage! With a fractional share you can own a small percentage of a single share! So you can still invest in what you care about, you can still earn money on the investment, and you don't have to be fearful of dropping $247.00 on a single investment
Fractional shares really open up opportunity and freedom to those who can't normally invest simply because they can't afford it.

In closing, and with the COVID-19 pandemic in mind

Should I really be pouring money into an investment right now? The market is "crashing", why bring this up now?

I'll tell you why! You want to buy now while the market is low. Also, your support for these companies are a plus. If you think logically, once this whole pandemic is over, you invested a little bit into stocks and those stocks are going to go up. Some may go up a little and some may skyrocket!

With fractional shares you now have no excuse to be a part of the 1%-ers out there and no excuse to invest in your future. Get out there and join the market (but please invest responsibly). ;-)





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