A bit OT financial advice: it's almost never worth it to buy a single share. The reason is the commission will eat you up. Assume a low $7/trade commission. That could possibly cost you $14 round trip (purchase/exit).
With Tesla ~$100/share, It'll have to go up 14% just to break even on the trade. Even if you just buy in single shares but exit in multiple shares to spread the commission, you still have to fade 7% commission. Not worth it.
If you're investing in the hundreds of dollars, you should look for low commission options such as CDs.
With Tesla ~$100/share, It'll have to go up 14% just to break even on the trade. Even if you just buy in single shares but exit in multiple shares to spread the commission, you still have to fade 7% commission. Not worth it.
If you're investing in the hundreds of dollars, you should look for low commission options such as CDs.
Edit: I accidentally replied to the post. My comment was meant in response to this comment. https://news.ycombinator.com/item?id=5904397