Bonzaimonkey (@alexbigdeal) on getquin

2Yr·

What to do with fractional shares? 🏗️

I have started share savings plans and now regret them because it is difficult to get rid of the fractions.

However, I still believe in the shares themselves, so the plan is to continue investing monthly until each of the 10 shares I save for is at least in the 4-digit range.

What if I now have 3,713 shares that are worth 1000€. Can I buy through the savings plan exactly so that it becomes 4 pieces? Or is there another way to sell exactly 3.713?

In the future only whole units with one-time payments. It sucks to have small shares that you can not sell.

4 Comments

GoDividend@GoDividend

2Yr

Write times still in addition Which broker you have then you get faster the desired information. But basically it is no problem to sell your fractions at the given time. And because it is not a problem with Scalable, for example, I have no problem with fractions.

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Nicolas Professioneller Rolls Royce Großaktionär Coole Leute: @leveragegrinding, @SharkAce und @Lorena(aber die ist nen bisschen schüchtern)@getquinfuermerchverkauft

2Yr

So with Trade Republic it's not really difficult. You just can't sell instantaneously. Between the creation of the sell order and the sale can sometimes be 2 days. Exactly to get back to whole parts is impossible, but in my opinion not necessary, because normally the sale of fragments is free, at least in TR and SC.

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VP@VP

2Yr

I'm with TradeRepublik because it's no problem to sell fractions. With fractions you will not manage to come back to whole I think.

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