Everyone hates the F word- that's right, finance. But Stockpile wants to help you conquer your fear of the market.
Stockpile offers fractional shares so you can invest the amount of money you want without buying a whole share. Are you sure you can afford NOT to invest?
This looks like a fantastic productCons:
It is not obvious that it is US-only
I went through the whole signup process, and it was only after they presented me with account information fields that I realized I could only input a US ZIP code. This is common with US startups, and it's really frustrating; it's not often they consider signups from outside the country. If it did mention that it was US-only somewhere, it was not obvious.Jody Heavener has never used this product.
Buy the _amount_ of stock you want in _dollars_. As much or as little. It's a simple idea whose time has come.Cons:
Would love to see them add tax-advantaged accounts soon.
I've been using Stockpile for about 6 months. I love hearing about some public product launch, thinking, "That'll do well", and then being able to buy stock in that company. It super easy. And the trading fees are totally reasonable at $0.99 per trade.Hugo Olliphant has used this product for one year.