How to Own a $400,000 Stock on a Budget Using Fractional Shares
Shah Gilani|May 24, 2022
Crazy market out there, but this volatility shouldn’t have you heading for the hills.
There are still plenty of ways to take new profits to the bank. The key is finding stocks that will rise above the rest. And one way is to seek out giants just like the one I am recommending in today’s Take It to the Bank Tuesday – companies with solid balance sheets that aren’t going anywhere.
Often, the problem with such stocks is that they are too expensive for everyday people to buy in and reap the benefits of their successes. But, if you use fractional shares, you can buy any stock – even today’s $400,000 titan – at a price that best suits you.
Watch the video below to learn more about today’s play.
But, before you do, I want to let you know that there will be a slight change in our schedule this week. This Wednesday at 7:00 pm EST, I am going live to present my readers with the three moves investors can make right now to beat the Fed at their own game.
With the markets as crazy as they are these days, it’s important to stay up-to-date with the latest news, trends, and investment opportunities – so, please join me. Click here to add the event to you calendar.
05/24/2022 Take It to the Bank Tuesday Transcript
Hey everybody! Shah Gilani coming to you with your Take It to the Bank Tuesday, where I recommend what you should do with $100 today – as in right now.
Crazy market out there, but some stocks are going to do better than others. How do you know which ones? Well, certainly the ones that have done well for many, many, many years.
One of my favorites in that group would be Berkshire Hathaway.
This is an absolutely huge company with a $600 billion market cap. It’s pretty much a diversified hedge fund and an investment company. They wholly own GEICO, the insurance company, Fruit of the Loom… What else? Duracell, the battery manufacturer, Shaw Industries Group Inc… Just tons of great stuff.
And it has monumental positions in great companies like Apple Inc (AAPL). It has about 900+ million shares of AAPL. Gotta love that. It just bought another huge chunk of one of my favorite energy companies: Chevron Corp (CVX). It also has a huge piece of Occidental Petroleum Corp (OXY).
We know energy is hot. We know that AAPL has held up the market and, if it continues to hold up the market, then that’s the reason we’re gonna bounce and maybe go higher. If AAPL comes down, that’s another buying opportunity to get in – but on Berkshire, it has done incredibly well.
It’s averaged a 20% annual return since 1965, people. That’s insane. Nothing else comes close to Berkshire Hathaway – so, for your $100, I think you should buy shares of BRK.
Now, I particularly like BRK-A. There are BRK-A shares and BRK-B shares. The difference between the A’s and B’s is really about voting rights. BRK-A has greater voter rights associated than BRK.B. Yes, there are some advantages to BRK-B, but I just think BRK-A performs better, historically.
It’s also up a couple of percent today and I think it’s gonna continue to do well in the long run. Certainly love the portfolio of companies it wholly owns.
The stock positions that it has – especially the railroads – are great. And, of course, energy is going to be a star for Berkshire Hathaway over the next few years. So, for your $100 today, but up BRK and take it to the bank.
Cheers.