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Investing in Stock on a Budget it’s Possible with Stockpile – Luv Saving Money

Investing in Stock on a Budget it’s Possible with Stockpile

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This post does contain affiliate links.  I will receive a small percentage from actions completed through t his link.  Any opinions expressed are my own.  I have been personally using Stockpile for at least 6 months now.  I am NOT a financial professional

 

I had always been interested in the stock market.  A way to save for my financial future.  Sure I have a 401k through work, a savings account, etc but never put all your eggs in one basket right?

The problem with the stock market is that it can be kind of intimidating doing it on your own.  If you’re on a budget like me you also can’t afford to drop a couple thousand or even several hundred on stocks.  Even if you hire a professional then you still have to have that chunk of change AND pay your stock person.  Look, it can take me a whole year to get $1000 or more in my savings account.  How am I gonna take that money I saved all year for and hand it over to someone for something that’s not a sure thing?!  I need to be able to invest in stocks on a budget. It’s easy to buy stocks online and not break the bank.

Yea sometimes you have to take risks to make money.  I get that but what if I told you there was a more comfortable, budget friends, user-friendly site to invest in stocks?  There is, it’s called Stockpile.

Stockpile let’s you start investing for as little as $5! yea $5!  You can invest in any stock they have available Tesla, Apple, Google, Disney, ETFs, bonds, gold, Bitcoin, whatever your heart desires.   I know what you’re thinking and I’ve heard it before….”You can’t invest in Apple for just $5 it’s a scam!”  Calm down,  you have to understand how Stockpile works to understand how you can.  See, Stockpile allows you to buy FRACTIONAL shares of stock.  So for instance, let’s say you always wanted to invest in Google but it’s $1000/share.  Well who, on a budget, can afford to drop $1000 on just one share of stock?   Let’s say you have $100 ready to invest.  You can put your $100 into Google and you would own 1/10th of a share of Google stock.  You’ll still earn dividends and make money based on your 1/10th share.  You can always invest more as your budget allows and eventually you could own a whole share of Google stock ….or whatever stock it is that interests you.

What about fees?  Glad you asked.  See most investing sites will charge a fee of $5 or even $10 to buy, sell, or trade.  Stockpile allows you to buy, sell, or trade for just 99 cents! Just another thing I love about it.  Even budget friendly fees for to buy stocks online.

And parents, you can also set up custodial accounts for your children if you so choose.  Stockpile is user friendly and has many easy to understand resources for investing for both parents and kids.  Stockpile makes investing in stock on a budget, easy

 

If I haven’t convinced you to try Stockpile yet how about I tell you I have $5 in free money you can use to invest in whatever stock you want on Stockpile.com.  Try it out, buy your first fractional share and invest in your future!  $5 in FREE stock here!  This offer is for new accounts only.

 

If  you already have a Stockpile account tell us why you love Stockpile!

 

Author: Angie

Mom, blogger, social media influencer, healthcare worker