{"id":16268,"date":"2023-07-06T06:06:15","date_gmt":"2023-07-06T06:06:15","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?p=16268"},"modified":"2024-10-03T14:35:21","modified_gmt":"2024-10-03T14:35:21","slug":"schwab-slices-review","status":"publish","type":"post","link":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/","title":{"rendered":"Schwab Slices Review: Are Stock Slices Worth It?"},"content":{"rendered":"\n<p>Stock shares can be expensive.<\/p>\n\n\n\n<p>For instance, Berkshire Hathaway\u2019s stock (NYSE: BRK.A) currently trades at a staggering $679,000, meaning most investors would be unable to buy even a single share of stock \u2014 myself included!<\/p>\n\n\n\n<p>While this is a huge outlier, even Autozone (<a href=\"https:\/\/www.wallstreetzen.com\/stocks\/us\/nyse\/azo\" target=\"_blank\" rel=\"noopener\">NYSE: AZO<\/a>) and several other big-name stocks trade above $3,000 per share.<\/p>\n\n\n\n<p>How can you add higher-priced stocks to your portfolio without using all of your available funds?<\/p>\n\n\n\n<p>Charles Schwab\u2019s solution is Stock Slices \u2014 their version of fractional stock shares. But are they all they\u2019re cracked up to be?<\/p>\n\n\n\n<p>In this Schwab slices review, I\u2019ll give you the answer by covering: <\/p>\n\n\n\n<ul>\n<li>What are Stock Slices?<\/li>\n\n\n\n<li>Can you make money on fractional shares?<\/li>\n\n\n\n<li>Does Charles Schwab have fractional shares?<\/li>\n\n\n\n<li>Are Schwab stock slices worth it?<\/li>\n<\/ul>\n\n\n\n<p>And more. Let\u2019s dig in: <\/p>\n\n\n    <div id=\"callout-box-block_a49d05690dcc72f97d1ea0c84e95eb6f\" class=\"callout-box promo\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon promo\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M21.41 11.58l-9-9C12.05 2.22 11.55 2 11 2H4c-1.1 0-2 .9-2 2v7c0 .55.22 1.05.59 1.42l9 9c.36.36.86.58 1.41.58.55 0 1.05-.22 1.41-.59l7-7c.37-.36.59-.86.59-1.41 0-.55-.23-1.06-.59-1.42zM5.5 7C4.67 7 4 6.33 4 5.5S4.67 4 5.5 4 7 4.67 7 5.5 6.33 7 5.5 7z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p><em>Our favorite platform for fractional shares (and more)&#8230;<\/em><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>One potential drawback of Schwab Slices? You can only buy fractional shares of companies from the S&amp;P 500 Index.<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>In contrast, <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro<\/a> offers fractional shares of <strong>any of the stocks or ETFs on the platform. <\/strong>Plus, they offer stock and ETF trading with 0% commissions.<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>With a minimum investment of just $10 and plenty of other great features for traders and investors, it\u2019s not hard to see why 30+ million users have signed up for <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro<\/a>.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<\/div>\n    <\/div>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" style=\"background-color:#446bca\" target=\"_blank\" rel=\"noopener\">Check out eToro<\/a><\/div>\n<\/div>\n\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\n\t<p>eToro securities trading is offered by eToro USA Securities, Inc. (\u201cthe BD\u201d), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (\u201cthe MSB\u201d) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https:\/\/www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and\/or the BD.<\/p>\r\n<\/div><\/div>\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\nYour capital is at risk. Other fees apply. For more information, visit www.etoro.com\/trading\/fees.\r\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h.vncratcyb0uz\"><strong>What Are Fractional Shares?<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image7-3.png\" alt=\"Image7\"\/><\/figure><\/div>\n\n\n<p>Fractional shares, as the name suggests, are small pieces of what would otherwise be a single share.<\/p>\n\n\n\n<p>They\u2019re made possible through a process called share splitting, meaning brokerage firms and investment platforms break down whole shares into smaller, more accessible portions<\/p>\n\n\n\n<p>This enables you to buy and own fractional shares of popular companies, even if you don&#8217;t have the necessary capital to purchase full shares.<\/p>\n\n\n\n<p>For example, you can own a fraction of a BRK.A share that corresponds to the amount you invest. So instead of having to own say, one share, you could own 0.0001 shares in the company. This frees up your capital for other investment opportunities and allows for easier diversification.<\/p>\n\n\n    <div id=\"callout-box-block_e8127bc3a7cfc9eafb1e5e708f6bafb3\" class=\"callout-box info\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon info\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M12 3c-.46 0-.93.04-1.4.14-2.76.53-4.96 2.76-5.48 5.52-.48 2.61.48 5.01 2.22 6.56.43.38.66.91.66 1.47V19c0 1.1.9 2 2 2h.28c.35.6.98 1 1.72 1s1.38-.4 1.72-1H14c1.1 0 2-.9 2-2v-2.31c0-.55.22-1.09.64-1.46C18.09 13.95 19 12.08 19 10c0-3.87-3.13-7-7-7zm2 16h-4v-1h4v1zm0-2h-4v-1h4v1zm-1.5-5.59V14h-1v-2.59L9.67 9.59l.71-.71L12 10.5l1.62-1.62.71.71-1.83 1.82z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Be sure to check out our article on the <a href=\"https:\/\/www.wallstreetzen.com\/blog\/best-brokerage-for-fractional-shares\/\" target=\"_blank\" rel=\"noopener\">best brokerage for fractional shares<\/a>.<\/p>\n<\/div>\n    <\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h.uk3lpwm6a65x\"><strong>Schwab Slices Review<\/strong><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image8-2.png\" alt=\"Image8\"\/><\/figure><\/div>\n\n\n<p>While Schwab\u2019s Stock Slices may sound like a new way to invest in stocks, they\u2019re just fractional shares with a fresh name.<\/p>\n\n\n\n<p>Investing through stock slices allows you to invest in any company listed in the S&amp;P 500 Index \u2014 the top 500 publicly traded US-based companies. <\/p>\n\n\n\n<p>You can buy anywhere between one to 30 stock slices in any transaction with a minimum dollar value of $5 up to a maximum of $50,000.<\/p>\n\n\n\n<p>However, there\u2019s a limit to how many stock slices you can buy and sell in a single week before you\u2019re considered a Pattern Day Trader by FINRA regulations. In this case, the Schwab day trade limit is three complete trades in five business days. <\/p>\n\n\n\n<p>Additionally, Schwab doesn\u2019t charge commissions when you invest in their Slices.<\/p>\n\n\n    <div id=\"callout-box-block_be504fc452d22b952257c8c04e6e6d4c\" class=\"callout-box promo\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon promo\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M21.41 11.58l-9-9C12.05 2.22 11.55 2 11 2H4c-1.1 0-2 .9-2 2v7c0 .55.22 1.05.59 1.42l9 9c.36.36.86.58 1.41.58.55 0 1.05-.22 1.41-.59l7-7c.37-.36.59-.86.59-1.41 0-.55-.23-1.06-.59-1.42zM5.5 7C4.67 7 4 6.33 4 5.5S4.67 4 5.5 4 7 4.67 7 5.5 6.33 7 5.5 7z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Looking for more ways to invest in fractional shares? <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro<\/a>\u00a0offers zero-commission fractional share investing.<\/p>\n<\/div>\n    <\/div>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" style=\"background-color:#446bca\" target=\"_blank\" rel=\"noopener\"> Check out eToro<\/a><\/div>\n<\/div>\n\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\nYour capital is at risk. Other fees apply. For more information, visit www.etoro.com\/trading\/fees.\r\n<\/div><\/div>\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\n\t<p>eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/p>\r\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h.i0t9ojhx9782\"><strong>Can You Make Money on Fractional Shares?<\/strong><\/h2>\n\n\n\n<p>Yes, it\u2019s definitely possible to make money on fractional shares as they\u2019re just another way to invest in the stock market. But instead of having to buy a whole share, you can capitalize on the performance of a company&#8217;s stock with an amount that suits you. <\/p>\n\n\n\n<p>For that reason, many investors prefer fractional shares for dollar-cost averaging into their investments. By investing a fixed amount of money regularly, regardless of the share price, you can accumulate more fractional shares when prices are low and fewer shares when prices are high.<\/p>\n\n\n\n<p>While this can also work with standard shares, there are limitations depending on your capital and the stocks you want to buy.<\/p>\n\n\n\n<p>Like buying standard shares, there are two ways in which you can make money with fractional shares:<\/p>\n\n\n\n<ul>\n<li><strong>Capital Appreciation:<\/strong>&nbsp;If the price of the stock rises over time, the fractional share&#8217;s value will increase, meaning you can sell your fractional shares at a higher price than your initial investment.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Dividend Payments:<\/strong>&nbsp;Many companies pay dividends to their shareholders as a distribution of profits. As a fractional shareholder, you\u2019re still entitled to receive dividends in proportion to your ownership. <\/li>\n<\/ul>\n\n\n    <div id=\"callout-box-block_ecad594e51438e6da00dc8a4d9d62dc4\" class=\"callout-box promo\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon promo\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M21.41 11.58l-9-9C12.05 2.22 11.55 2 11 2H4c-1.1 0-2 .9-2 2v7c0 .55.22 1.05.59 1.42l9 9c.36.36.86.58 1.41.58.55 0 1.05-.22 1.41-.59l7-7c.37-.36.59-.86.59-1.41 0-.55-.23-1.06-.59-1.42zM5.5 7C4.67 7 4 6.33 4 5.5S4.67 4 5.5 4 7 4.67 7 5.5 6.33 7 5.5 7z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Schwab Slices aren\u2019t the only option for fractional share dividends. <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro*<\/a> also offers fractional share dividends.<\/p>\n<\/div>\n    <\/div>\n\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\n\t<p>eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/p>\r\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h.xo74y8syfa43\"><strong>Is Schwab the Best Place to Invest in Fractional Shares?<\/strong><\/h2>\n\n\n\n<p>While you can still successfully invest in fractional shares with Schwab, we prefer three alternatives \u2014 <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro<\/a>, <a href=\"https:\/\/www.wallstreetzen.com\/go\/m1-finance\" target=\"_blank\" rel=\"noopener\">M1 Finance<\/a>,&nbsp;and <a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\">Public<\/a>. <\/p>\n\n\n\n<p>Simply put, their simple user interfaces make it easy to navigate their platforms, making them more user-friendly. At the same time, they offer more varied and powerful investing features that you can use to increase your investing profits.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h.buy9e9word2k\"><strong>eToro<\/strong><\/h4>\n\n\n\n<p><a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro <\/a>is one of our favorite brokers, period. So it should come as no surprise that they\u2019re also a top pick for fractional share investing. <\/p>\n\n\n\n<p>On eToro, you can invest in fractional shares of any of the stocks or ETFs offered on the platform. The minimum investment is just $10, and fractional dividends are available.<\/p>\n\n\n\n<p>When you consider all of eToro\u2019s&nbsp;other offerings along with fractional share investing \u2014 its <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-copytrader?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">CopyTrader<\/a>&nbsp;feature, demo account for testing out strategies, easy-to-use interface, and low fees, it\u2019s well worth your time. <\/p>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" style=\"background-color:#446bca\" target=\"_blank\" rel=\"noopener\">Check out eToro<\/a><\/div>\n<\/div>\n\n\n<div class=\"wp-block-code-snippets-content\"><div class=\"disclaimer\">\r\n\t<p>eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.\r\n\t\r\n\t<p>Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.\r\n\t\r\n\t<p>This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.\r\n\r\n\t<p>Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.\r\n\r\n\t<p>Crypto investments are risky and may not suit retail investors; you could lose\r\nyour entire investment. Understand the risks here <a href=\"https:\/\/etoro.tw\/3PI44nZ\" target=\"_blank\" rel=\"nofollow\">https:\/\/etoro.tw\/3PI44nZ<\/a>\r\n\r\n\t<p>Don\u2019t invest unless you\u2019re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href=\"https:\/\/www.etoro.com\/customer-service\/terms-conditions\/trading-restriction\/\" target=\"_blank\" rel=\"nofollow\">Take 2 mins to learn more<\/a>\r\n\r\n\t<p>eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.<\/p>\r\n<\/div><\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"h.xrg1spwdfjev\"><strong>M1 Finance<\/strong><\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/www.wallstreetzen.com\/go\/m1-finance\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image4-5.png\" alt=\"Image4\"\/><\/a><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/www.wallstreetzen.com\/go\/m1-finance\" target=\"_blank\" rel=\"noopener\">M1 Finance<\/a>&nbsp;is an online brokerage and investment platform that allows you to invest in stocks, exchange-traded funds (ETFs), and other securities. <\/p>\n\n\n\n<p>But to help you level up your investing, the platform combines the features of a traditional brokerage account with automated portfolio management through a robo-advisor.<\/p>\n\n\n\n<p>M1 Finance also offers a unique investing approach called &#8220;pie investing.&#8221;<\/p>\n\n\n\n<p>Pie investing allows you to create a personalized investment portfolio by selecting various slices of the pie (aka different stocks, ETFs, or other investments). M1 offers over 60 of these pre-set pies, but you\u2019re able to customize your own pie as you see fit.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/www.wallstreetzen.com\/go\/m1-finance\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image3-5.png\" alt=\"Image3\"\/><\/a><\/figure><\/div>\n\n\n<p>Alongside M1s pie investing, a key feature is its dynamic rebalancing which automatically rebalances&nbsp;your portfolio by buying and selling securities to maintain your pie slice ratios. This ensures that your portfolio doesn\u2019t become heavily skewed in one direction.<\/p>\n\n\n\n<p>Additionally, investing on M1 is commission-free. However, the minimum account balance is $100 for standard accounts and $500 for retirement accounts.<\/p>\n\n\n\n<p>And like Schwab, M1 also offers fractional share investing as well as a range of other tools and services, including:<\/p>\n\n\n\n<ul>\n<li>Tax-efficient investing.<\/li>\n\n\n\n<li>Retirement accounts (such as IRAs).<\/li>\n\n\n\n<li>High-yield checking and savings accounts.<\/li>\n\n\n\n<li>A free robo advisor.<\/li>\n\n\n\n<li>Lending services.<\/li>\n<\/ul>\n\n\n\n<p>They also don\u2019t participate in payment for order flow, ensuring you get the best prices on your investments.<\/p>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.wallstreetzen.com\/go\/m1-finance\" style=\"background-color:#446bca\" target=\"_blank\" rel=\"noopener\">Check out M1 Finance<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h.554xetim39yd\"><strong>Public<\/strong><\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image2-5.png\" alt=\"Image2\"\/><\/a><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\">Public<\/a>&nbsp;also stands out for its comprehensive features and user-friendly experience. <\/p>\n\n\n\n<p>The platform offers SIPC and FDIC insurance for securities and cash held on the platform, ensuring the safety of your assets. The platform also uses bank-grade encryption to safeguard your personal information.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\">Public<\/a>&nbsp;embraces social investing elements, enabling you to use insights from millions of investors and analysts. Through the platform, you can listen to experts, analysts, and journalists discussing the day&#8217;s biggest market headlines, allowing you to tap into the \u201cwisdom of the crowds\u201d.<\/p>\n\n\n\n<p>Like M1, <a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\">Public<\/a>&nbsp;doesn\u2019t participate in payment for order flow nor do they charge account maintenance or inactivity fees for accounts with more than $20 deposited.<\/p>\n\n\n\n<p>When it comes to investing, Public offers a powerful suite of investing tools including: <\/p>\n\n\n\n<ul>\n<li>Personalized automatic reinvestments.<\/li>\n\n\n\n<li>Built-in price alerts.<\/li>\n\n\n\n<li>Extended-hours trading. <\/li>\n<\/ul>\n\n\n\n<p>Additionally, the platform delivers advanced data and company-specific analysis which you can use to deepen your understanding of market trends.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image6-5.png\" alt=\"Image6\"\/><\/a><\/figure><\/div>\n\n\n<p>Public also taps into the power of AI with its investing co-pilot called Alpha. <\/p>\n\n\n\n<p>You can ask Alpha different questions to help you screen the markets for the day&#8217;s biggest movers, gainers, losers, and more. <\/p>\n\n\n\n<p>It can also provide you with a wealth of information, including: <\/p>\n\n\n\n<ul>\n<li>Quote data.<\/li>\n\n\n\n<li>Company financials.<\/li>\n\n\n\n<li>Fundamental analysis. <\/li>\n\n\n\n<li>Analyst recommendations and outlooks. <\/li>\n\n\n\n<li>News and commentary.<\/li>\n<\/ul>\n\n\n\n<p>You can also find comprehensive stock pages on Public which house helpful information about each company&#8217;s performance. These pages include key metrics, news, and recent activity from other investors, cutting down the time you need to spend on research and idea generation.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image1-5.png\" alt=\"Image1\"\/><\/a><\/figure><\/div>\n\n\n<p>Finally, the platform offers automated investing, allowing you to preset your investment mix, frequency, and amount \u2014 similar to M1\u2019s pies. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/image5-5.png\" alt=\"Image5\"\/><\/a><\/figure><\/div>\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.wallstreetzen.com\/go\/public\" style=\"background-color:#446bca\" target=\"_blank\" rel=\"noopener\">Check out Public<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h.5cr2m6g6irpf\"><strong>Are Stock Slices Worth It?<\/strong><\/h2>\n\n\n\n<p>In my opinion stock slices aren\u2019t worth it as they\u2019re just fractional shares that Schwab has rebranded to make them more attractive to investors. <\/p>\n\n\n\n<p>So if you want to invest in fractional shares, I\u2019d recommend choosing one of the platforms I covered above \u2014 <a href=\"https:\/\/www.wallstreetzen.com\/go\/etoro-sign-up?SubAffiliateID=schwab-slices\" target=\"_blank\" rel=\"noopener\">eToro<\/a>, <a href=\"https:\/\/www.wallstreetzen.com\/go\/m1-finance\" target=\"_blank\" rel=\"noopener\">M1 Finance<\/a>, or <a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\">Public<\/a>.<\/p>\n\n\n\n<p>Why? <\/p>\n\n\n\n<p>They offer a wider range of investable assets (particularly <a href=\"https:\/\/www.wallstreetzen.com\/go\/public\" target=\"_blank\" rel=\"noopener\">Public<\/a>), innovative investment technology, deeper insights, and more user-friendly platforms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h.qb15l3580o02\"><strong>Final Word: Schwab Slices Review<\/strong><\/h2>\n\n\n\n<p>While there\u2019s nothing particularly bad about Schwab Slices, they\u2019re nothing new to the investment world. <\/p>\n\n\n\n<p>For that reason, it\u2019s better to choose a platform that offers fractional investing <em>and <\/em>better features like the ones above. <\/p>\n\n\n\n<p>That said, if you\u2019re already established on Schwab and are interested in diversifying your portfolio, Schwab Slices may be worth your while. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\t\t<div class=\"wp-faq-schema-wrap\">\n\t\t\t\t\t\t\t<h2>FAQs:<\/h2>\n\t\t\t\t\t\t<div class=\"wp-faq-schema-items\">\n\t\t\t\t\t\t\t\t\t<h3>Are stock slices worth it?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Investing in stock slices can be worth it if you\u2019re looking for a simple way to invest in a diversified portfolio of stocks. However, it's important to consider your investment goals, risk tolerance, and other fractional investing brokers before choosing Schwab.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>Does Schwab charge for stock slices?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>No, Schwab doesn\u2019t charge commissions when you purchase stock slices.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>How does Schwab slices work?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Schwab Slices allow you to purchase fractional shares of top US companies, improving access to expensive stocks and making it easier to diversify your portfolio. <\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>Can I sell Schwab stock slices?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Yes, you can sell Schwab stock slices at any time just like you would with a traditional stock. <\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n","protected":false},"excerpt":{"rendered":"<p>Stock shares can be expensive. For instance, Berkshire Hathaway\u2019s stock (NYSE: BRK.A) currently trades at a staggering $679,000, meaning most investors would be unable to buy even a single share of stock \u2014 myself included! While this is a huge outlier, even Autozone (NYSE: AZO) and several other big-name stocks trade above $3,000 per share. [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":16327,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false},"categories":[43],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Schwab Slices Review: Are Stock Slices Worth It?<\/title>\n<meta name=\"description\" content=\"This Schwab Slices review covers the key features and services offered by the platform, including its investment options, fees, and customer support.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schwab Slices Review: Are Stock Slices Worth It?\" \/>\n<meta property=\"og:description\" content=\"This Schwab Slices review covers the key features and services offered by the platform, including its investment options, fees, and customer support.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\" \/>\n<meta property=\"og:site_name\" content=\"WallStreetZen\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-06T06:06:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T14:35:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/schwab-slices-review-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Myles O&#039;Bery\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@wallstreet_zen\" \/>\n<meta name=\"twitter:site\" content=\"@wallstreet_zen\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Myles O'Bery\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\/\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Myles O\\\\'Bery\",\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/person\/1dd12a36e45ff8200b30b254358979d6\"\n\t            },\n\t            \"headline\": \"Schwab Slices Review: Are Stock Slices Worth It?\",\n\t            \"datePublished\": \"2023-07-06T06:06:15+00:00\",\n\t            \"dateModified\": \"2024-10-03T14:35:21+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\"\n\t            },\n\t            \"wordCount\": 1427,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#organization\"\n\t            },\n\t            \"articleSection\": [\n\t                \"Reviews\"\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\",\n\t            \"url\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\",\n\t            \"name\": \"Schwab Slices Review: Are Stock Slices Worth It?\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#website\"\n\t            },\n\t            \"datePublished\": \"2023-07-06T06:06:15+00:00\",\n\t            \"dateModified\": \"2024-10-03T14:35:21+00:00\",\n\t            \"description\": \"This Schwab Slices review covers the key features and services offered by the platform, including its investment options, fees, and customer support.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Blog\",\n\t                    \"item\": \"https:\/\/www.wallstreetzen.com\/blog\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Schwab Slices Review: Are Stock Slices Worth It?\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#website\",\n\t            \"url\": \"https:\/\/www.wallstreetzen.com\/blog\/\",\n\t            \"name\": \"WallStreetZen\",\n\t            \"description\": \"\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\/\/www.wallstreetzen.com\/blog\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": \"required name=search_term_string\"\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#organization\",\n\t            \"name\": \"WallStreetZen\",\n\t            \"url\": \"https:\/\/www.wallstreetzen.com\/blog\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/logo\/image\/\",\n\t                \"url\": \"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2020\/09\/main-logo.svg\",\n\t                \"contentUrl\": \"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2020\/09\/main-logo.svg\",\n\t                \"width\": 220,\n\t                \"height\": 27,\n\t                \"caption\": \"WallStreetZen\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/logo\/image\/\"\n\t            },\n\t            \"sameAs\": [\n\t                \"https:\/\/www.youtube.com\/channel\/UCMddKmLQYkPPmY5q6qckrMg\",\n\t                \"https:\/\/twitter.com\/wallstreet_zen\"\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/person\/1dd12a36e45ff8200b30b254358979d6\",\n\t            \"name\": \"Myles O\\\\'Bery\",\n\t            \"image\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/person\/image\/\",\n\t                \"url\": \"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/03\/cropped-Myles-Profile-96x96.jpg\",\n\t                \"contentUrl\": \"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/03\/cropped-Myles-Profile-96x96.jpg\",\n\t                \"caption\": \"Myles O\\\\'Bery\"\n\t            },\n\t            \"description\": \"Myles is a content writer with an unbridled passion for financial markets. While he\\\\'s not writing for WallStreetZen, he\\\\'s either in DeFi Discords or staring at price charts.\",\n\t            \"url\": \"https:\/\/www.wallstreetzen.com\/blog\/author\/mylesobery\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Schwab Slices Review: Are Stock Slices Worth It?","description":"This Schwab Slices review covers the key features and services offered by the platform, including its investment options, fees, and customer support.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/","og_locale":"en_US","og_type":"article","og_title":"Schwab Slices Review: Are Stock Slices Worth It?","og_description":"This Schwab Slices review covers the key features and services offered by the platform, including its investment options, fees, and customer support.","og_url":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/","og_site_name":"WallStreetZen","article_published_time":"2023-07-06T06:06:15+00:00","article_modified_time":"2024-10-03T14:35:21+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/07\/schwab-slices-review-scaled.jpg","type":"image\/jpeg"}],"author":"Myles O'Bery","twitter_card":"summary_large_image","twitter_creator":"@wallstreet_zen","twitter_site":"@wallstreet_zen","twitter_misc":{"Written by":"Myles O'Bery","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/#article","isPartOf":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/"},"author":{"name":"Myles O\\'Bery","@id":"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/person\/1dd12a36e45ff8200b30b254358979d6"},"headline":"Schwab Slices Review: Are Stock Slices Worth It?","datePublished":"2023-07-06T06:06:15+00:00","dateModified":"2024-10-03T14:35:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/"},"wordCount":1427,"publisher":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/#organization"},"articleSection":["Reviews"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/","url":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/","name":"Schwab Slices Review: Are Stock Slices Worth It?","isPartOf":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/#website"},"datePublished":"2023-07-06T06:06:15+00:00","dateModified":"2024-10-03T14:35:21+00:00","description":"This Schwab Slices review covers the key features and services offered by the platform, including its investment options, fees, and customer support.","breadcrumb":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.wallstreetzen.com\/blog\/schwab-slices-review\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.wallstreetzen.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Schwab Slices Review: Are Stock Slices Worth It?"}]},{"@type":"WebSite","@id":"https:\/\/www.wallstreetzen.com\/blog\/#website","url":"https:\/\/www.wallstreetzen.com\/blog\/","name":"WallStreetZen","description":"","publisher":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.wallstreetzen.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.wallstreetzen.com\/blog\/#organization","name":"WallStreetZen","url":"https:\/\/www.wallstreetzen.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2020\/09\/main-logo.svg","contentUrl":"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2020\/09\/main-logo.svg","width":220,"height":27,"caption":"WallStreetZen"},"image":{"@id":"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.youtube.com\/channel\/UCMddKmLQYkPPmY5q6qckrMg","https:\/\/twitter.com\/wallstreet_zen"]},{"@type":"Person","@id":"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/person\/1dd12a36e45ff8200b30b254358979d6","name":"Myles O\\'Bery","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wallstreetzen.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/03\/cropped-Myles-Profile-96x96.jpg","contentUrl":"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/03\/cropped-Myles-Profile-96x96.jpg","caption":"Myles O\\'Bery"},"description":"Myles is a content writer with an unbridled passion for financial markets. While he\\'s not writing for WallStreetZen, he\\'s either in DeFi Discords or staring at price charts.","url":"https:\/\/www.wallstreetzen.com\/blog\/author\/mylesobery\/"}]}},"_links":{"self":[{"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/posts\/16268"}],"collection":[{"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/comments?post=16268"}],"version-history":[{"count":20,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/posts\/16268\/revisions"}],"predecessor-version":[{"id":26158,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/posts\/16268\/revisions\/26158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/media\/16327"}],"wp:attachment":[{"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/media?parent=16268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/categories?post=16268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wallstreetzen.com\/blog\/wp-json\/wp\/v2\/tags?post=16268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}