Brokerage services provide a wide variety of tools for people who want to invest but are not sure how to get started or how to keep investing once they are on their way. While these services can be quite helpful, there are many more investment tools that have begun to flood the investment market that are not your typical tools. As strange as these services are, they are quite real. Check the following tools out to see how they can help you on your investment journey.
Penny Stocks
Penny stocks are not that new, except now you can buy stocks for an actual penny per share. These stocks are offered through penny stock companies who are working with entrepreneurs who need investment capital. While it may not seem like much for the entrepreneurs, the more people who buy up the penny stocks, the more money is gathered together to help seed the companies and businesses of the entrepreneurs. If things really take off for the entrepreneurs, so does the value of your penny stocks.
Free Stocks
There are numerous web sites that are trying to get people more involved with investing and financial planning via stock ownership. There is even a website that encourages kids to buy stocks and learn more about investments. These free stocks are limited, but if you sign up for an account, you can claim your maximum reserved share as your own.
Stock Gift Cards
Perhaps the most unusual approach to investing, major online e-tailers have begun selling gift cards to a stock selling company that operates solely online. You can purchase the gift cards for any dollar amount, but the higher the dollar amount, the closer to a full share of one company you own. It is an unusual gift, to be sure, but one that seems to appeal to a lot of people who want to begin collecting and trading stocks. Many of the offered stocks are recognizable and reputable companies, too. Plus, because the gift cards create the means to claim ownership of a stock or a partial share of a stock without paying taxes or fees on the purchase of the stock, it makes buying and giving stock to others a lot easier to do.
Got a Lot to Invest?
If you have a good chunk of money to invest, but not nearly enough to buy several full shares in any one company, the above options are for you. Yes, you are still buying pieces of stocks with the above options, but you would be doing that way anyway when you do not have several thousands of dollars to invest. Give it a try and at least expand your portfolio for trying.
Contact a service, like ARTAAD Financial, for more help.
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