Investing in fractional shares can be useful for both new and experienced investors. For those who are just starting out and do not have a huge sum of capital to invest, fractional shares allow you to own the shares of a company when you cannot afford to pay full price for a stock. For experienced investors, fractional shares are useful in portfolio allocation, as it allows us to control the exact portfolio exposure that we want to have for certain stocks or even industries. With Syfe Trade, which calls itself Singapore's first neobroker, you can now invest in fractional shares in the US from as little as US$1.
I often get asked by readers who are new to investing and wish to purchase shares of companies like Facebook, Amazon or even Google for a start, but do not have enough to purchase even the minimum (1...