My favorite site of 2016 and most recommended for 2017: Stockpile

Here at NinjaGhostInvestments.com I plan on sharing a lot of different websites, apps, programs, and more which I use in my daily life including my businesses. Some that I use daily, some that I am just trying, and those that I both enjoy and can’t stand. I want to share a wide variety of things with you.

Last year while searching for a new trading platform with low commission fees I came across Stockpile, and instantly fell in love. They sell individual gift cards for stock in-store, but beyond that they have a dedicated website which you can use to purchase stock much like TD Ameritrade or anywhere else. However, much UNLIKE the other guys all trades, to buy and sell, only cost 99 cents. You heard me right… 99 cents!

Really, the only drawback to me is that regardless of when you place the trade, they execute after the market closes that particular day. The cutoff time to purchase shares for the day is 3 PM ET. Besides that, most of the same features you likely love with other brokerages are there. You receive dividends (if the stocks you purchase offer them), stock prices update often while the market is open, you can enroll in a DRIP, you name it.

Here is the big kicker… you can actually purchase fractional shares! For example, if you wanted to buy Amazon stock, and didn’t have the current near $800-per share to invest, no worries. You can purchase any amount. $25 worth? $50 worth? $126.72 worth?! No problem! This is a great way for both beginner and more experienced investors to get a piece of any company they desire, while not breaking the bank. Stocks that traditionally you may not be able to afford, you now can, and over time you can stockpile quite a bit of it if you keep purchasing.

I am a proud Android user (sorry Apple peeps) and also have nothing but the best of things to say about the available Stockpile app. If you ARE an Apple person, no worries, there’s also an IOS app. Features include your updated portfolio, charts/history of the stocks you own, news tidbits, and much more.

I highly recommend you all giving Stockpile a try if you are interested in trying a new brokerage to invest with. Here’s another great thing… you can open your account with no minimum balance!

Right now they are also offering a great deal for new accounts, through my unique referral link. If you open an account now, you will receive $5 of free stock with your first $10 purchase. Just $10! You honestly can’t beat that, and I assure you, once you try it, you’ll likely love it. Really, what do you have to lose? 99 cents!? You can’t buy a (decent) coffee for that! To get started right now follow this link: http://mbsy.co/gtmd6

This year I plan on trying some new similar brokerages and apps, and I’ll be sharing my experiences with those as well. I already use a few other newer companies, including one amazing financial firm I also swear by, which I’ll be sharing soon. Until next time, thank you for reading, if you have any questions or comments leave a message below, and enjoy the rest of your day!

Thanks,

Brent Ott

 

 

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