What`s the benefits of buying more than one share in a stock?
cheers
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Why buy more than one share in a stock?
What`s the benefits of buying more than one share in a stock?
cheers
eriously? LOL The ONLY time I've heard of someone buying one share is back in the old days when Disney would send you a stock certificate suitable for hanging. People would buy them for their kids, frame them and hang them in their bedroom. __________________
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The benefits are that you make money. Spending hours of research on a company and only buying one share will be very painful if the stock rises significantly.
I think, it's a little bit risky to buy more than one share but if you want to go for more profit so this is a good option.
Chances are you would never re-coup yor expenses buying 1 share, commission round trip ( in/out) averages 20 bucks. If your a buy n hold guy then consider a direct share plan that allows you to invest without comm fees. I have several good plans that I can invest as little as 25 bucks a month, all of mine pay nice divs and are locked in the drip plan.
