Buying into a company with shares that cost four figures for just $2 or less may sound like a fantasy, but it's possible for anyone thanks to an increasing number of brokerages now offering dollar-based investing. Dollar-based investing is an alternative to the traditional method of purchasing stocks, which involved placing a purchase order to buy a certain number of shares (and often paying a commission to do it). With brokers that allow dollar-based investing, you place an order to invest a certain amount of money in a particular stock (and your order will likely be commission-free). Read More...
Buying into a company with shares that cost four figures for just $2 or less may sound like a fantasy, but it’s possible for anyone thanks to an increasing number of brokerages now offering dollar-based investing. Dollar-based investing is an alternative to the traditional method of purchasing stocks, which involved placing a purchase order to buy a certain number of shares (and often paying a commission to do it). With brokers that allow dollar-based investing, you place an order to invest a certain amount of money in a particular stock (and your order will likely be commission-free).
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