Stocks, OTC/Penny Stocks, ETFs, Mutual Funds, Bonds, Options, Forex, Cryptocurrencies, Futuresīy offering small amounts of stocks - commonly referred to as “ fractional shares” -Īnd making investing in household-name companies accessible to a broad audience, Stockpile fills the gap left by Loyal3, which shut down unexpectedly in May 2017. So Stockpile offers gift cards toward the purchase of stock to help young investors buy their first shares. Individual stocks can be too expensive and cumbersome to purchase one share at a time. He gave up on that effort and bought some toys anyway.īut the idea never left his mind. He thought that stocks would be a good idea but found the process too frustrating and pricey. He wanted to give them something more substantial and longer-lasting than toys. The story goes that he was looking to buy Christmas presents for his nieces and nephews. Get Started With StockpileĬEO Avi Lele created this unique service. Additionally, its limitations may turn off more sophisticated investors. It's incredibly easy to use, although it's switching to a paid monthly membership model. Stockpile is a great way to get young people interested in stock investing by purchasing fractional shares of stock through gift cards.
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