Questions About Money and Investing

Money and Investing


Q.  How can a person invest a small amount of money?

A.   One of the biggest hindrances to investing for many people is that they don't have enough money to invest to justify the high fees.  For example, most brokerages charge around $8 per trade and if you only have $25 or $50 to invest, then you have paid anywhere from 15-30% in fees.  Another factor that comes into play is the fact that you must buy a minimum of one share.  While there are definitely many stocks that sell for $1-2 or even for pennies, most stocks that people would be interested in purchasing would be more in the price range of $100-1,000.  Fortunately, there is a website where you can invest as little as $10 without paying any fees.  This site allows you to purchase partial shares of more than 50 different companies.  Most of these companies pay dividends, and these are paid back into your account.  You can reinvest the proceeds or transfer them back to your bank account.  Shares can be purchased via a checking account, debit card, or credit card.  For more information, click the source link below.

SOURCE

Q.  What is the most expensive stock per share price? A.  As of 31 July 2014 the most expensive stock was Berkshire Hathaway, Inc. (BRKA) which was selling for $190,245.