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I think the problem with this would be brokerage fees for buying/selling. If a fund is rebalancing 10% of their holdings the fees are a rounding error, if I'm r
by deadbunny 7y ago
I think the problem with this would be brokerage fees for buying/selling. If a fund is rebalancing 10% of their holdings the fees are a rounding error, if I'm rebalancing 10% of mine as an individual the fees would be a noticeable percentage.
- encoderer 7y agoThere are no brokerage fees anymore. But fractional share ownership is not widely popular and would require an aggregator anyway.
- mandelbrotwurst 7y agoAre you aware of a firm that offers free trading in fractional shares?
- mrep 7y agoRobinhood announced that and you can request early access to it in the app right now. And yes, it is commission free too.
- novok 7y agoSquare cash? https://www.theverge.com/2019/10/24/20930659/square-cash-app-invest-stocks-commission-free-robinhood-competition https://www.theverge.com/2019/10/24/20930659/square-cash-app...
- ThrustVectoring 7y agoM1 Finance, Interactive Brokers
- deleted 7y ago[deleted]
- robryan 7y agoSo for a lot of shares that people can only afford fractional ownership of some kind of fund would still have to own them?