Introduction
Investing in the stock market has traditionally been associated with those who have a lot of money to spare. However, with the introduction of fractional shares, investing has become more accessible to the everyday person. Ally Invest is one of the leading brokerage firms that offers fractional shares to its clients. In this article, we will explore what fractional shares are, how they work, and how Ally Invest is making investing easier for everyone.
What are Fractional Shares?
Fractional shares are simply a portion of a full share of a company’s stock. For example, if a company’s stock price is $100 per share, a fractional share would be any portion of that $100. This means that investors can buy a fraction of a share rather than having to buy a whole share. Fractional shares allow investors to invest in companies that they might not have been able to afford otherwise.
How do Fractional Shares Work?
Fractional shares work by allowing investors to buy a fraction of a share at a price that is proportional to the full share price. For example, if a company’s stock price is $100 per share and an investor wants to invest $50, they would be able to buy half a share. The price of that half a share would be $50, which is half of the full share price.
Ally Invest and Fractional Shares
Ally Invest is a brokerage firm that offers fractional shares to its clients. Ally Invest has made investing more accessible to the everyday person by allowing investors to buy fractional shares of many popular stocks and exchange-traded funds (ETFs).
Advantages of Investing with Ally Invest
One of the main advantages of investing with Ally Invest is the ability to buy fractional shares. This means that investors can invest in companies that they might not have been able to afford otherwise. Ally Invest also offers low fees, which means that investors can keep more of their money invested rather than paying high fees to the brokerage firm.
How to Invest with Ally Invest
Investing with Ally Invest is easy. Investors can open an account online and start investing in fractional shares with as little as $1. Ally Invest also offers a variety of investment options, including stocks, ETFs, and mutual funds.
Conclusion
Fractional shares have made investing more accessible to the everyday person. Ally Invest is one of the leading brokerage firms that offers fractional shares to its clients. Ally Invest has made investing easier by offering low fees and a variety of investment options. Investing with Ally Invest is easy and affordable, making it a great option for those who are new to investing or who are looking to diversify their portfolio.
