Hatch allows you to buy and sell shares in dollar amounts. Most shares are seen at prices like $52.45, $9.74, or $110.03. Instead of figuring out the cost of shares and paying odd dollar amounts, investors can choose to invest dollar amounts like $500, $1,000, or $10,000.
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For example:
$10,000 invested in Amazon would result in 6.1350 Amazon shares*
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Dollar-based investing also allows you to buy a fraction of a share that you might not normally be able to afford, e.g. 0.2 Amazon shares.
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β*As at September 25th 2018
Written by Support
Updated over 4 years ago