Monday, July 3, 2017

Website Spotlight: Stockpile

“In exchange for my honest and unbiased review, I received a $25 gift card to try out Stockpile. This post contains a referral link. I am not a market professional and not responsible for gains or losses that you may experience. I am not affiliated with or own an investment in any company or brand mentioned, and have no plans to do so. Securities products are not FDIC insured. Not bank guaranteed. May lose value.”

I recently had an opportunity through Social Insiders to review Stockpile. Stockpile makes it easy to get involved in the stock market. It took me all of two minutes to sign up and redeem the gift card I was given. It's awesome, beause even though my gift card was for a specific company, I could choose a different company if I wanted to.

Stockpile makes it easy to own fractional stock. So if the value of the company is $200/share, you can buy 1/4 of a share for $50 - or whatever fraction you can afford. Trades are 99 cents each, which is quite reasonable. They also have a variety of resources, including a little book to order, that explains investing in the stock market. Investments generally grow faster than a savings market, so giving someone gift shares of stock can be a gift that keeps giving.

Giving stock as a gift is incredibly easy. You pay more than the face value to cover transaction fees, and then the recipient can use it on the stock you pick, or another stock they'd rather have. Right now, if you sign up through the link above, you get $5 free to get started right away (through July 30th).

Learn more by following @stockpile.


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