Ever go into a pizza place with just 5 bucks in your pocket? You’re starving, but you can’t buy a whole pizza. So what do you do? You just buy a slice, right?
Buying a fractional share of stock is the same exact concept. Except here, maybe you don’t have the $100 you need to buy a share of your favorite sneaker company’s stock. So instead you buy a fraction of it, based on what you want—or have—to spend. To make it easy, let’s say you bought $10 worth of that $100 stock. You’d own 10% of one share. Easy as (pizza) pie—see what we did there?