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Finding unique presents for your loved ones that last beyond the special occasion can be hard. But I’ve found the perfect gift, stocks from Stockpile. And because you’re my readers, you get $5 in the stock of your choice!
Yep, you read that right, when you sign up via my link, you get a $5 credit to buy stock through Stockpile.
Free $5 in Stock From Stockpile
Stockpile is an online stock broker that makes it easy for people to start investing in stocks. There are no minimum balances or account fees.
You don’t need to have a lot of money to invest or have a finance degree to get started. All you need is a US address and a social security number.
You can buy fractional shares of stock through Stockpile. Meaning you don’t have to buy a full share. You can buy a set dollar amount even if that’s less than the cost of a share of stock.
For example, a single share of Amazon stock costs $1,120.66. Many of us don’t have $1,121 to invest in 1 share of Amazon stock. That’s where an online stock broker like Stockpile comes in.
Instead of spending $1,121, you can spend $20 and purchase a fractional share. For $20, you can buy 0.01785 shares of Amazon stock through Stockpile.
I love that you can buy fractional shares. So it makes it easy to start investing in the stock market without needing thousands of dollars.
All it takes is $5 to start. And when you use my referral link, you get $5 free. So you can start investing right away.
1,000’s of Stocks
Stockpile offers 1,000’s of stocks, ETFs (Exchange Traded Funds), and ADRs (American Depositary Receipts).
You can buy stock in your favorite travel company like:
- American Airlines
- Southwest Airlines
Or you can purchase shares in your favorite stores:
- Victoria’s Secret
This is a great way to own a little piece of your favorite airline, hotel, or store.
Pay With Cash, Credit, or Debit Card
You can buy stock from Stockpile by linking your bank account or using a credit or debit card.
If you used to buy stock in Loyal3, Stockpile is another way to buy stocks using your credit or debit card.
You can also use your PayPal account to buy stock through Stockpile.
Pro-tip: To prevent money laundering, there’s a $200 limit when using a credit or debit card. The limit only applies to stock in 1 company.
So you could only buy $200 worth of American Airlines stock with your credit card. And you can also buy $200 in Hilton with a credit card.
Buying stocks through Stockpile is very inexpensive. You only pay $0.99 for each stock.
If you pay by bank account, there are no other fees. You’ll pay a 3% fee if you use your credit or debit card to purchase stock.
So if you bought $25 worth of Disney stock via bank transfer your total cost would be $25.99. If you charged it to your credit card, you’d pay $26.74 ($25 stock, $0.99 fee, $0.75 for using your credit card).
Selling your stock is easy and cheap. You pay $0.99 to sell each stock.
Pro-tip: You’ll pay a $75 transfer fee to transfer your stocks from Stockpile to another stockbroker.
Stockpile offers electronic and physical gift cards. You can buy e-gift cards come in any denomination from $1 to $1,000. Physical gift cards can be purchased in $25, $50, and $100 increments.
For e-gift cards, you’ll pay a fee of $2.99 for the first stock and $0.99 for each additional stock plus a 3% fee if using credit or debit card.
So if you bought someone $75 worth of Amazon and $50 in Southwest Airlines and paid via credit card, the fees would be $7.73 ($2.99 + $0.99 + $3.75)
Fees for physical gift cards are $4.95 for a $25 gift card, $6.95 for a $50 gift card, and $7.95 for a $100 gift card. The fee includes the 3% credit card fee and $0.99 trading fee). Your recipient doesn’t incur any fees.
If you bought a $25 physical gift card you’d pay $29.95 ($25 + $4.95 fee).
Gift cards can be converted to store gift cards without a fee if your recipient (or yourself) doesn’t want stock.
Pro-tip: You can buy physical gift cards at OfficeDepot and OfficeMax and select grocery stores. So consider using a credit card that gives you a category bonus.
Create a Stockpile Account
You can signup for a Stockpile account in less than 5 minutes.
1. Create a Stockpile account
Enter your first and last name and create a password to signup with Stockpile. You’ll be asked to verify your email address. Once verified you can move on to step 2.
2. Choose Type of Account
You can choose from an individual account or a custodial account. Custodial accounts are for children under 18. The child owns the account but an adult takes care of the account for them until they turn 18.
Pro-tip: You don’t have to be the child’s parent. So you can create an account for your niece, nephew, or grandchildren.
3. Link Your Checking Account
You can link your checking account. I didn’t link mine because I wanted to use my credit card.
To redeem your $5 in free stock, click on the Gift Card link on the left side. Choose your favorite stock.
Looking for a lasting holiday gift that will let your favorite traveler continue to travel? Consider giving stocks via Stockpile. Sign up via my link and you’ll get $5 in free stock.
You can buy fractional shares of stock through Stockpile. You can start investing in stocks for as little as $1. This is a great way to start saving for the future.
Stockpile has some of the lowest fees. There’s no minimum purchase requirement or balance minimums. You pay only $0.99 to buy stock.
You can pay with a bank account, credit or debit card, or PayPal.
Remember to use my link and get $5 worth of free stock. You can choose from over 1,000 different companies like Apple, Hilton, and Southwest Airlines.
Stockpile is a member of the Securities Investor Protection Corporation.
I’m buying gifts of stock as holiday gifts, are you?
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