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19 September 2021
12:58 hour

Stockpile Review – Is it the best fractional brokerage?

Wallstreet Survivor

01/09/2021 - 16:40

We both know that trading stocks can be a complicated and confusing process. That's why I decided to write this Stockpile review. Many people are afraid to begin learning about investing because of the inconvenience, difficulty, and mystique surrounding the entire process. In fact, most people are not introduced to the world of investments until ... Read more The post Stockpile Review – Is it the best fractional brokerage? appeared first on Wall Street Survivor.


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  1. Is providing fractional shares complicated for brokerage firms? (30/08/2021 - Reddit Stocks)
    I've been mulling over opening another brokerage account for organization purposes. I'm surprised to note that only Fidelity seems to provide fractional shares for all stocks listed on NYSE and Nasdaq. Other brokerages, even big ones, are limited to sp500 or around 5~6000 select stocks. Having been using Fidelity I thought fractional shares were available for everyone through all brokerages. I was wrong. Is it hard for the brokerages to provide clients with fractional share trading? Does that mess with taxes or something? I'm very convinced that I wouldn't have been able to invest in companies like Amazon were it not for fractional share trading. I wish more firms allowed this.   submitted by   /u/thsndmiles30 [link]   [comments]
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  2. Does buying fractional shares truly get you full shares, or do you simply just have a bunch of siloed fractions of stocks? (02/07/2021 - Reddit Stocks)
    For example, if I buy .25 shares of Microsoft every week, will I really have 1 full share after 4 weeks? Or will I just have 4 separately acknowledged fractional shares of MSFT? I’m wondering because some brokerage apps (I think Robinhood, for example) don’t allow the transfer of fractional shares to a new app — they just sell those and give you cash for it I believe. So if I want to move my Fidelity shares to the newest cool app in 2050, will I have to sell off a bunch of individual fractional shares?   submitted by   /u/bryschmi [link]   [comments]
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  3. Does buying fractional shard truly get you full shares, or do you simply just have a bunch of siloed fractions of stocks? (02/07/2021 - Reddit Stocks)
    For example, if I buy .25 shares of Microsoft every week, will I really have 1 full share after 4 weeks? Or will I just have 4 separately acknowledged fractional shares of MSFT? I’m wondering because some brokerage apps (I think Robinhood, for example) don’t allow the transfer of fractional shares to a new app — they just sell those and give you cash for it I believe. So if I want to move my Fidelity shares to the newest cool app in 2050, will I have to sell off a bunch of individual fractional shares?   submitted by   /u/bryschmi [link]   [comments]
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  4. Do you gain voting rights after buying numerous fractional shares of a company over time? (25/02/2021 - Reddit Stocks)
    This may be a noobish question, but I'm wondering if you use a brokerage such as Robinhood to buy fractional shares (say, 1/60th of a company over 5 years), will you eventually gain voting rights after accruing one full share? I assume you would, and I'm aware one vote wouldn't influence anything, but I'm curious if this is handled differently on brokerages that offer fractional shares.   submitted by   /u/MinnesotaPower [link]   [comments]
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  5. Cashapp investing long-term 20+ years? (31/08/2021 - Reddit Stocks)
    I’ve been investing in the S&P 500 for almost 2 years now through cashapp. I really really like the simplicity and fractional shares option. Putting away $500 a month and it’s has grown really well and just want to to know should I continue doing this or is there another brokerage app that offers fractional shares and the same simplicity on the app.   submitted by   /u/soupstasty [link]   [comments]
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  6. Why senior citizens should go for fractional ownership of property (09/09/2021 - Financial Express)
    Fractional assets generate a 13-20 per cent internal rate of return (IRR) which is higher than most retirement schemes.
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  7. Cryptos: A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’ (06/05/2021 - Market Watch)
    Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale, maintaining a massive stockpile of the crypto for its own benefit.
    [visit article]
  8. NewsWatch: A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’ (06/05/2021 - Market Watch)
    Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale, maintaining a massive stockpile of the crypto for its own benefit.
    [visit article]
  9. Cryptos: A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’ (06/05/2021 - Market Watch)
    Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale, maintaining a massive stockpile of the crypto for its own benefit.
    [visit article]
  10. NPS Vs Fractional Property: Where should you invest for retirement? (17/06/2021 - Financial Express)
    Despite not being counted among traditional retirement planning options, fractional ownership can provide a healthy social security cover to protect you in old age.
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  11. How brokers with omnibus accounts actually work? (08/06/2021 - Reddit Stocks)
    Very short introduction, I've been changing brokers in the past few years due to various issues arising. I am in a country where I don't have access to too many services so as of now I am using 3 main brokers. With one I am quite content, it works on a more straightforward basis, no spreads, you pay fees and own any securities you buy, doesn't deal in fractional shares and all that. The one I am not super happy with is etoro. While I know they are using the omnibus account for their customers it always bugs me that I don't fully understand the extent of this decision in a brokerage. I know the gist of it and how it works, for both whole securities and fractional ones. But I have some more specific questions: How is self-clearing handled? Do they have to report externally the deals cleared in-house? Will anyone ever know there was a trade for X shares or there can be just an internal, opaque, transfer of ownership? If a certain security is not available, does it hit the market orders instantly or the brokerage can decide to postpone the acquisition of said security for minutes, hours, days? If so, who takes the risk of price changes? ex: I buy AAPL at 125, brokerage delays the buy for 2 hours, the price is now 129, who pays the $4? How do they handle massive, quick, unloads or loads of securities due events? Like, the CEO of a company is found doing some illegal activities, most customers unload considerable amount of shares, how will the brokerage get those out of their book? Is this a risk that is mitigated somehow, like with an insurance or something? How is the brokerage prevented from doing illicit activities with the omnibus account? Do we have some outside institution doing periodical audits and looking at the books to ensure all is good? I suppose there would be more questions but at least these answers would give me the necessary rope to research further. My main concern is that about 80% of my holdings are for long term (20 years), about 15% are medium term (1 years or so) and 5% is speculative (hours, days). I don't care about the last 20% but I am concerned for the other 80% since I would have to trust the broker to not go bankrupt or do shady stuff with my holdings and then having to rely on insurance payouts (if any) or losing my investments. 20 years is a long period of time, harsher times can affect institutions, market collapses are likely and so on.   submitted by   /u/Speicherleck [link]   [comments]
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  12. Fractional Ownership: The smart way to own an asset in modern times (29/05/2021 - Financial Express)
    Fractional ownership is emerging in India as a new investment avenue for new-age investors to participate in new opportunities at a fraction of the cost previously required.
    [visit article]
  13. Do any brokerages let you place limit orders on fractional shares? (21/03/2021 - Reddit Stocks)
    Scenario: I want to set a limit order of $200 to buy 1/10th of a GOOGL share. (Let's say I really don't like long decimals and I eventually want to own ONE share, not 1.009263 shares.) Is there any brokerage that allows this?   submitted by   /u/MinnesotaPower [link]   [comments]
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  14. I'm really fucking scared (03/03/2021 - Reddit Stocks)
    I know this isn't as bad as losing a million on a mortgage I just took out, but I'm scared. Today, I sold a fractional share of $TSLA, but I placed the order twice and accidentally shorted it. My account is only worth around $350 and it's a custodial account I trade on. The platform I use is Charles Schwab. I can't buy back a fractional share through stock slices because I have a "short position open" and I can't purchase fractional shares through the regular interface. My three questions are WHAT THE HELL DO I DO What are the consequences (Is this illegal/fraud) WHAT THE HELL DO I DO x2   submitted by   /u/nickk326 [link]   [comments]
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  15. Robinhood Alternatives with Fractional Shares? (24/07/2021 - Reddit Stocks)
    Hey y’all! I’m looking to move my portfolio from Robinhood, does anybody know of a user-friendly company that allows fractional shares that I can transfer to? I need some recommendations. Thanks so much!   submitted by   /u/allycookie [link]   [comments]
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  16. Looking for a new brokerage (02/05/2021 - Reddit Stocks)
    I currently use TD Ameritrade and I am very happy with them. My only issue is I want to be able to buy fractional shares by entering in the dollar amount I want to buy (not the share amount.) The only other requirement is I want to set up auto withdraw from my bank account WEEKLY. I checked out fidelity and Schwab and neither let me auto transfer money every week. Any suggestions. Also no Robinhood! I appreciate any suggestions.   submitted by   /u/Bigslick220 [link]   [comments]
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  17. Why does the amount of issued shares matter if it's possible to trade fractional shares? (18/03/2021 - Reddit Stocks)
    So correct me if I'm wrong, but I've understood that some brokerages allow trading of fractional shares, but doesn't that make the # of shares irrelevant? I'm new to this, so it may be a dumb question, but one can only get wiser by questioning. ​ Thanks!   submitted by   /u/Daniel01m [link]   [comments]
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  18. Transferring from Stockpile to Webull (29/08/2021 - Reddit Stocks)
    Relatively new investor here (2017). Started with stockpile given I could buy partial stocks and start small. I understand the market better now and have missed out on some great opportunities because I cannot trade live. I also have a webull account and plan to transfer my stocks there. Does anyone know if the March promotion they had is reoccurring? It offered $100 towards transfer fees and free stock based on the size of transfer. Any other transfer tips or advice are welcome. Thank you.   submitted by   /u/TheeSilentCritic [link]   [comments]
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  19. Fractional ownership fast catching attention of NRIs, HNIs and UHNIs (04/05/2021 - Financial Express)
    As Covid-19 posed unprecedented economic challenges for real estate, investors were forced to explore emerging and alternate investment classes like fractional ownership, which though in nascent stages is gaining traction, especially in office space leasing and industrial warehousing.
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  20. Why do some people have multiple brokerage accounts with different brokerage firms? (14/07/2021 - Reddit Stocks)
    If someone had Fidelity and had separate brokerage accounts within it for separate purposes (ETFs, long stocks, penny stocks etc) I get it, but I've been seeing few people on internet who has lots of assets in different brokerage services (having an open account on all RH, M1, WeBull, Fidelity, CS etc). Any benefits to doing this?   submitted by   /u/thsndmiles30 [link]   [comments]
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  21. Leaving Robinhood (05/04/2021 - Reddit Stocks)
    I am a brand new investor with $1k in Robinhood —a wide variety of stocks, many fractional shares. I want to move everything into Fidelity but it looks like there would be a $75 transfer fee. My question — can/should I just sell everything in RH and then immediately buy the same amount in Fidelity (which also has fractional shares)? Wouldn’t that achieve the same result with costing me $75. Am I missing something?   submitted by   /u/OneStrokeAgainstMe [link]   [comments]
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  22. Going heavy with ETFs? (05/05/2021 - Reddit Stocks)
    I want to get into investing since my savings have been just sitting there (10K). I'm a passive investor so I consider a yearly return of 10% a great goal and I thought of dividing my portfolio in 70% ETFs and 30% stocks (no options or shorts). My brokerage account doesn't offer fractional shares (I live in Mexico) and I really wanted to buy a amazon share although it would take about 30% of my whole portfolio is it worth it? What ETFs do you recommend? I thought VOO or VTI, QCLN, VT.   submitted by   /u/isaacm0972 [link]   [comments]
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  23. Fractional Ownership of Real Estate: Need for robust legal framework to protect investors (04/08/2021 - Financial Express)
    As the concept of fractional ownership of real estate is gaining momentum, it can open up new investment opportunities to a large segment of smaller investors.
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  24. Is it wise to invest in fractional shares of companies like Amazon? (19/07/2021 - Reddit Stocks)
    I have about 600 usd and I'm new to the stock market. Will I - in about 1 or 2 years - have a decent profit if I invest the 600 usd in fractional shares of various big companies like Amazon, Netflix, etc? Thanks   submitted by   /u/black_knightxD [link]   [comments]
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  25. How fractional ownership has made investing in commercial real estate easy (12/03/2021 - Financial Express)
    With the introduction of fractional or shared ownership, commercial real estate has now become both accessible and lucrative for a majority of Indians.
    [visit article]
  26. Vanguard Funds Availble? (17/04/2021 - Reddit Stocks)
    Hi everyone. I opened a Vanguard brokerage on accident cause I'm dumb instead of a roth. After maxing my roth, I figured I would use the brokerage as well. If I were to transfer money into it, does the brokerage have a thing like webull where they let you use 1000 immediately?   submitted by   /u/Jellychews [link]   [comments]
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  27. Fractional ownership giving a boost to Commercial Real Estate (06/04/2021 - Financial Express)
    Fractional ownership in commercial property has given an opportunity to retail investors to invest smaller sums in India’s booming commercial real estate market.
    [visit article]
  28. Monthly Recurring (11/09/2021 - Reddit Stocks)
    Is there any big broker which supports both 1. Weekly/bi-weekly/monthly recurring investment in Stocks/ETF AND 2. Fractional shares. I have TD. They don't offer any of the above. Schwab offers Fractional but not recurring investment. Moved from RH but amazed to see such basic functionality absent.   submitted by   /u/PuzzledMindAndBody [link]   [comments]
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  29. Fractional Ownership: The future of commercial real estate investment (14/02/2021 - Financial Express)
    Fractional investment, a recent trend that has gained acceptance in the real estate industry, is a new, safe and feasible way to pocket-friendly investment in office real estate.
    [visit article]
  30. I’m in my early 20s. Idk what country (currently Ireland) will I be in 5-10 years from now. What would be the best online brokerage for me? (30/07/2021 - Reddit Stocks)
    I use Trading 212 at the moment but they don’t allow brokerage transfers. So, I do need a brokerage for long term investing and one that I’m not worried with about changing countries. My account is not that big right now (~10K) so fees is quite important to me. Interactive Brokers is one that I have been looking into but their pricing structure seems expensive enough to significantly cut down my profits. Any suggestions would be much appreciated. Thanks!   submitted by   /u/PB0397 [link]   [comments]
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  31. Fractional ownership of property: Is it easy to sell and exit with full money? Varun Mohan of Definite explains (21/06/2021 - Financial Express)
    Fractional ownership of property in commercial real estate is being seen as a way through which the aspiring middle class and retail investors can grow their wealth. It is a new way to invest in commercial real estate
    [visit article]
  32. General Electric Shareholders (07/04/2021 - Reddit Stocks)
    The 1 for 8 stock split is in the proxy statement I just received. From the link provided, you can download the proxy statement. The reverse stock split is discussed on pages 60-63. For the record, I am against the stock split. GE has 7.5 billion shares outstanding with 13.2 billion shares authorized. How did these numbers get so big? After the stock split they estimate there will be 1.1 billion shares outstanding and 1.65 billion shares authorized. So after the split, 2/3 of the stock will be outstanding and 1/3 float. Then there is the question of fractional shares. Right now GE is not planning on issuing fractional shares. So unless the number of shares you own is divisible by 8, you will receive cash in lieu of fractional shares.https://www.ge.com/investor-relations/proxy-statement   submitted by   /u/inkslingerben [link]   [comments]
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  33. Physical share question- brokerage says they "don't do that" (18/03/2021 - Reddit Stocks)
    Is it uncommon for a brokerage to just...not provide physical stock, like, at all? I contacted my brokerage because I wanted one physical share, just for funsies. They told me they don't offer physical shares. I'm wondering of anyone's run in to this, and how common it might be? Thanks!   submitted by   /u/DiligentDaughter [link]   [comments]
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  34. CUNA Brokerage chooses LPL Financial to support retail brokerage, advisory (14/06/2021 - Seeking Alpha)

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  35. Other brokerage like Fidelity with instant cash to trade? (16/03/2021 - Reddit Stocks)
    I was wondering if there were other brokerage that allows up to 25k instant transfer like fidelity does. Fidelity is nice and all, but it feels like their “quality of life” seems a bit out dated. Webull has the live order books, $ or % buying/selling, and more indicators. But they take awhile to have funds available to trade Is there any Brokerage like fidelity that is a little more up to date? Thanks   submitted by   /u/johnnyleespamacc [link]   [comments]
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  36. Transferred majority of my RH shares to another brokerage. It now says I owe $1,920 in margin. Help Please. (17/02/2021 - Reddit Stocks)
    Looking for some advice and help here since RH is utterly useless when it comes to customer support. I transferred most of my portfolio out into another brokerage about two weeks ago. It appears my shares were moved off RH this morning but the transfer is not beingreflected currently at my new brokerage. Now RH is saying I owe $1,920 in margin. However I had Margin Investing turned off the entire time I was using my RH account. Any explanation as to why this is the case would be appreciated.   submitted by   /u/bojangles313 [link]   [comments]
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  37. Oil Stockpile Drops 427,000 Barrels, Less Than Expected: EIA (12/05/2021 - Investing.com)

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  38. MSCI tweaks methodology ahead of May index review; 3 Adani group stocks could still make the cut (16/04/2021 - Financial Express)
    Despite the change, domestic brokerage and research firm Edelweiss Securities believes Adani Total Gas, Adani Enterprises, and Adani Transmission could still make the cut.
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  39. Oil Stockpile Dropped 6.422 Million Barrels Last Week: EIA (15/09/2021 - Investing.com)

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  40. Crude Stockpile Dropped by 7.897 Million Barrels: EIA (14/07/2021 - Investing.com)

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  41. Crude Stockpile Fell 3.234 Million Barrels: EIA (18/08/2021 - Investing.com)

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  42. Oil Stockpile Dropped 1.53 Million Barrels Last Week: EIA (09/09/2021 - Investing.com)

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  43. Oil Stockpile Dropped 7.35 Million Barrels Last Week: EIA (16/06/2021 - Investing.com)

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  44. Oil Stockpile Dropped by 1.662 Million Barrels Last Week: EIA (26/05/2021 - Investing.com)

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  45. Oil Stockpile Fell 2.98 Million Barrels Last Week : EIA (25/08/2021 - Investing.com)

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  46. I'm pretty sure robinhood uses a first in first out system for unsettled funds/brokerage cash. (27/05/2021 - Reddit Stock Market)
    So I noticed this yesterday, but I could still be wrong. On Friday I had about $40 worth of brokerage cash that was unsettled funds that should be available for withdrawal by now. During the beginning of this week I've made about $100 (I like to skim off the top) and I put that 100$ into a new stock. What I think happened though, is instead of putting the new $100 in the stock, they put $60 of it along with the $40 that was still settling. Now the $40 of brokerage cash I have is still unsettled because it came from that $100. Am I making any sense? If someone could clarify this I would really appreciate it.   submitted by   /u/bubdubarubfub [link]   [comments]
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  47. U.S. Oil Stockpile Unexpectedly Rose 2.1 Million Barrels Last Week: EIA (21/07/2021 - Investing.com)

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  48. Crude Stockpile Fell 5.241 Million Barrels Last Week: EIA (09/06/2021 - Investing.com)

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  49. U.S. Crude Stockpile Unexpectedly Rose 1.9 Million Barrels: EIA (24/03/2021 - Investing.com)

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