Can you make money buying fractional shares?
I'm wondering if it's possible to earn money by purchasing fractional shares, which allow investors to own a portion of a share in a company rather than the full share.
How to buy shares without a broker?
Are you interested in investing in the stock market but don't want to go through the hassle of working with a broker? Well, there are ways to buy shares without a broker. One option is to use a direct stock purchase plan, which allows you to buy shares directly from the company. You can also consider using a fractional share investing platform, which allows you to invest in small pieces of stock rather than purchasing full shares. Additionally, you could explore the possibility of using a digital investment platform or a robo-advisor, which can automate the process of buying and selling shares on your behalf. But before you make any decisions, it's important to do your research and understand the risks and benefits of each option.
What is the rate of STT on buying shares?
Excuse me, could you please clarify for me the exact rate of STT, or Securities Transaction Tax, that applies when one is purchasing shares in the current market? I understand that this tax varies depending on several factors, such as the type of shares being purchased and the value of the transaction, but I'm looking for a general understanding of the standard rate. Additionally, is there any specific threshold or exemption that applies to STT on share purchases? Your insight would be greatly appreciated.