I really like how Schwab, ETrade, Fidelity, Robinhood, etc all have $0 commission trades. Now it’s easy to do a timed /slow drip investment to individual stocks similar to what one could do for index or low cost mutual funds.
For example FedEx and Berkshire Hathaway are great examples. Now you can buy 50 share or 100 share increments or lower and not get killed by trading commissions… heck you could even buy 10-20 shares. some of the stock I track, I’m getting lazy to track so I just buy 1 share so it would show up in my portfolio panel where I can see it. lol.
I think that in itself gives people just starting out the ability to do a slow and steady investment into pretty.mich anything without getting slapped with so many fees. Also allows me to switch from traditional index funds that have a 1 day buy/sale period to ETFs that could be bought/sold during market hours.
No more big one hand plays into individual stocks , which could open yourself up to significant risk if you guess wrong. You can literally drip invest into individual stocks without needing to use those special brokerage/firms specifically for drip investing. imho this is a game changer because for example, you could build yourself a portfolio by directly buying the same stocks that a particular mutual fund does, with roughly the same percentages as the find does….without forking over management fees that are buried into the fund….you couldn’t do this before without getting killed by trading commissions.
