How to buy expensive stock with limited money?
Fractional Trading | Image Resource: investopedia.com
Fractional investing allows you to buy a portion of a share rather than the whole share. This allows you to buy a portion of expensive stocks. It offers a good way for those investors who want to invest in a particular company but have limited funds and cannot afford to buy the whole share.
Fractional investing allows you to buy ½ or ⅕ of the whole share. This gives the investors access to expensive stocks and they can diversify their portfolio with small investments. Currently, the law does not allow fractional trading in Indian stocks.
The main benefit of fractional investing is that it gives you access to esteemed companies with limited funds. Fractional investing allows you to buy multiple high-priced stocks and this helps in the diversification of the portfolio thus reducing the risk involved.
Investing in fractional shares...