The biggest obstacle for many people getting started investing is they just dont have the money to get started with. Fortunately, with the advent and progress of online trading, stock trading has been opened to almost anybody, including those with very limited funds.
How can you get started trading with under $1000 startup capital?
With online brokers, youll no longer be laughed at for opening an account with limited funds. In fact, most brokers will welcome your business, as they have nothing but bytes to lose from an extra trader.
Stock traders with limited funds are no longer limited to just penny stocks and stock options. If you only have $200 to invest, how could you afford to invest in all those expensive stocks? In the past, you may have been forced to invest only small cap stocks, which tend to be very volatile, or try to guess the market with stock options.
Now however, with online brokering you can actually purchase fractional stock. With a fractional stock purchase, youre basically buying a part of a high priced stock. Just like buying a full stock in the company, the rising and falling of that companys stock will dictate your profits....
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