what is the best way to buy one share of stock?
I would like to buy 1 share of different stocks, and Im looking for the most economical way to do this.
Public Comments
- If you have some money and you buy several per month, use Interactive Brokers. Their commission is $1 per trade. If you don't do about 8 trades per month, though, you get hit with low activity fees. You could buy several in one month and then transfer the stocks to a discount brokerage that doesn't charge inactivity fees. If you don't have much money, some companies will sell to individuals, but watch out for fees. Check the investor relations tabs on their Web sites. A last resort is sharebuilder.com. They won't buy even shares and it's expensive to sell, but it's cheap to buy there.
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