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Invest in your favourite companies for less with partial shares

The article from MSN Money discusses the concept of investing in partial shares, which allows investors to buy fractions of stocks rather than whole shares. This method makes it possible for individuals to invest in high-priced stocks like those of major tech companies without needing to afford the full share price. Platforms like Wealthsimple, RBC Direct Investing, and CI Direct Trading now offer this feature, enabling investors to diversify their portfolios more effectively with smaller amounts of money. The article explains that partial shares can be bought and sold just like whole shares, providing flexibility and accessibility to investors with limited capital. It also highlights the benefits such as lower entry barriers to investing in expensive stocks, the ability to reinvest dividends automatically, and the potential for dollar-cost averaging. However, it notes that not all investment platforms support partial shares, and there might be fees or minimum investment requirements to consider.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/invest-in-your-favourite-companies-for-less-with-partial-shares/ar-AA1vBOIe ]