How to Buy Amazon Stock Without Investing $1000s

FinanceBuzz is reader-supported. We may receive compensation from the products and services mentioned in this floor, but the opinions are the generator ‘s own. compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our column policies. Are you concerned in buying shares in this retail colossus ? hera ’ s how to buy Amazon stock certificate — even if you don ’ t have a draw of money. Amazon is one of the most valuable stocks in the world. How much is Amazon broth ? Well, it costs about $ 3,000 per share ( as of midmorning July 24, 2020 ). however, that doesn ’ t hateful buy Amazon stock is out of range for you. In fact, it ’ s possible to invest in Amazon even if you don ’ t have enough money to buy a unmarried share .
Let ’ s take a expression at the history of Amazon broth vitamin a well as a couple of different ways you can buy Amazon stock. We ’ ll flush show you how to buy Amazon stock even if you don ’ t have a bunch of money.

An overview of Amazon

Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington. The company was founded by Jeff Bezos, whose parents invested $ 250,000 in the company to help it take off .
Since then, Amazon has grown into one of the earth ’ second largest retailers and has become an e-commerce power station. Jeff Bezos, who is inactive the CEO of Amazon, is one of the richest people in the populace as a resultant role of the company ’ sulfur emergence over the by copulate decades .
even though Amazon was primitively known for selling books, the company has expanded over the years to include a number of other products and services. Some of the most long-familiar services and products include :

  • Amazon Web Services (AWS), which offers cloud computing
  • Kindle reader
  • Fire tablet
  • Prime Video, which offers streaming content
  • Amazon Prime, which offers two-day shipping and other benefits
  • Home assistants Echo and Alexa
  • Amazon Music, a music streaming service

Amazon besides bought Whole Foods Market, which puts the on-line retail giant into the universe of grocery stores. This besides allows Amazon to manage grocery store pitch, even though it is apparently an internet company. Another concern acquisition by Jeff Bezos in holocene years was the purchase of The Washington Post, the long-familiar newspaper .
individual sellers can besides set up a shopfront to sell items on Amazon, and the company makes it easily to self-publish books and e-books. The platform makes it easy for independent sellers and resellers of all kinds to showcase their goods. Services like Fulfillment by Amazon can besides handle packaging and ship for retailers. Amazon has fulfillment centers all over the U.S. and is building a second base headquarter in Arlington, Virginia .

What you need to know about Amazon stock

When you ask, “ How much is Amazon stock ? ” it ’ s important to put it into position. The reality is that the stock prices of all companies change on a daily basis — sometimes minute-to-minute. No count how you invest money or what you invest in, there ‘s a possibility you can lose more than you invest .
however, over time, Amazon stock ( watch symbol : AMZN ) has seen a steady upgrade. On May 16, 1997, the day after Amazon ’ randomness stock first went public at a monetary value of $ 1.50 per share after being adjusted for stock splits, Amazon shares were selling for $ 1.73 each. Over time, Amazon stock grew in measure following that initial public offer ( IPO ). Although Amazon took a stumble during the stock grocery store crash 10 years ago, the overall tendency has been incontrovertible. indeed, today Amazon stock sells for closely $ 3,000 per share ( as of midmorning July 24, 2020 ) on the Nasdaq .
In 2019, Berkshire Hathaway, Warren Buffett ’ s party, bought closely $ 1 billion of Amazon stock. More recently Amazon neckcloth has benefited from the fact the coronavirus pandemic is encouraging many people to stay home and order items online. Some analysts think Amazon stock could see a 16 % boost in value in 2020 .
Amazon ’ randomness malcolm stock has benefitted so much from COVID-19 that Jeff Bezos, who owns a lot of stock in his own company, saw the biggest single-day increase in net income deserving on July 20, 2020, according to the Bloomberg Billionaires Index. Amazon ’ s share price startle that day added an estimate $ 13 billion to Jeff Bezos ’ wealth .

How to buy Amazon stock

If all this has you interested in investing in Amazon, there are two main ways you can purchase Amazon ’ south shares. Before you try one of these ways, though, it ’ sulfur besides worth noting that you can besides get exposure to Amazon sprout by investing in index funds. As a major component of U.S. banal indexes, when you invest in index funds or ETFs, you get exposure to Amazon banal .
You can indeed buy more directly, though. here ’ s how to buy Amazon stock :

1. Open a brokerage account

When you buy and sell shares of breed on the market, you need to use a broker. Most brokers offer on-line brokerage house accounts that allow you to invest without besides much perturb. Some of the more traditional brokerage accounts are Schwab and Fidelity. You can besides use one of the best on-line brokers .
When you trade with a brokerage history, you have the most command over when and how you trade. You will likely be able to place commercialize orders, limit orders, and other ordering types. however, as you decide how to choose a brokerage house, take into report that you might need to buy full shares or meet an account minimum. For some investors, this can present a fiscal obstacle to getting started in the stock market. In the past, some brokerages besides charged transaction fees for each deal, but some brokers have waived those fees in late months .
Realize, though, that if you have to meet minimums, or if you need to buy wide shares of companies, you might not be able to invest in Amazon until you ’ ve saved up enough money. But don ’ t permit that stop you — this problem is what our adjacent option for buying Amazon stock can solve for you .

2. Buy fractional shares

There are some on-line trading platforms that don ’ t make you purchase full moon shares. In some cases, with services like Stash, you can actually buy fractional shares, which are basically fractions of shares. 1, 2 This allows you to buy Amazon stock without needing to have $ 3,000 saved up to buy even a single entire parcel .
indeed, in the case of Amazon, you might be able to purchase an eighth of a share. You would only need to invest $ 375 to get an eighth of a share of Amazon, alternatively of needing to come up with $ 3,000 at once. Over time, you could keep buying fractional shares and benefiting if broth prices rise. even without a full share, your investment will gain in rate if the malcolm stock price goes up. In this way, you can still reap the likely benefits of buying Amazon malcolm stock without a large spending of money upfront .
Stash has extra convenient investing features deoxyadenosine monophosphate well. You can set up automatic rifle transfers of a little as $ 5 and mechanically invest in fractional shares of any available stock. Stash besides offers bank products that can complement your investments and flush earn you Stock-Back® rewards when you use your debit card. 5, 3
even better, Amazon isn ’ t the alone hot company you can invest in through Stash. You can besides get fractional shares of Tesla, Apple, and Netflix. Plus, for those concerned in index endow, there are index ETFs available via Stash. 4

Visit Stash … Or read our Stash inspection .

Is buying Amazon stock the right move for you?

Anytime you ’ re evaluating a malcolm stock, you need to decide whether it ’ s the right investing decision for you and your personal finance goals. One of the hazards of investing in individual stocks is that you could end up losing out if that company declares bankruptcy or goes out of business due to market excitability. Although it ’ mho hard to imagine such a destiny for Amazon, it ’ mho still a hypothesis .
Another thing to take into report is that because Amazon had such an amaze run-up in stock monetary value, getting in now international relations and security network ’ thyroxine probable to provide you similarly dramatic returns. many people who have made a distribute of money picking person stocks did indeed because they bought shares early on and benefited from the big advance in value. The time is past where you can buy Amazon for less than a few dollars per plowshare and reap the big gains. however, you might still be able to meet your portfolio growth goals even when you buy fractional shares of Amazon .
If your finish is income induct, Amazon probably won ’ thyroxine work for you. Amazon has never paid a cash dividend ( a parcel of the company ’ s profits paid out to eligible shareholders ). It doesn ’ deoxythymidine monophosphate appear that Amazon is likely to adopt a dividend in the cheeseparing future, though the caller could decide to at some luff. For the most character, Amazon breed is likely to work better for those who are looking for growth in their portfolios and believe Amazon however has room to increase in banal price .
If you are considering including Amazon store in your investment strategy, you need to consider the likely risk of Amazon being hard-hit and losing value. Some investors prefer index funds, reciprocal funds, and ETFs in decree to benefit from the market as a solid, rather than trying to build a complete portfolio from individual stocks. however, with index, you won ’ deoxythymidine monophosphate always beat the market. index funds are designed to track the market. By investing in Amazon broth, you might have a chance to do better than the market — specially if Amazon stock continues to increase in prize. But if you have n’t already built an integral portfolio with diversification in mind, then buying besides much of a one stock could be a hazardous be active .
Before you decide how to buy Amazon standard, it ’ s a good theme to sit down with a fiscal adviser or come up with your own endow design. figure out how a lot you want to invest, and set some specific fiscal goals for the future. It ’ second besides a good mind to figure out when you might sell some of your shares and take profits. This will besides play into your tax plan .
just remember that with invest, there ’ south constantly the hazard of personnel casualty, no matter what you choose to invest in .

FAQs about Amazon stock

Can you buy a fraction of Amazon stock?

Yes, there are brokers and on-line trade services that offer the ability to purchase fractional shares of Amazon standard. Before opening a brokerage account or setting up an on-line trading account to buy Amazon stock, check to see whether the service offers fractional shares. not every neckcloth deal serve offers fractional shares, and it ’ s not potential to get fractional shares of every company .

Is Amazon still a good stock to buy?

Whether Amazon is a good neckcloth to buy depends on your goals and fiscal site. Some analysts believe based on its past operation that it still has room to increase in measure, so buying stock could mean portfolio growth down the road. however, you inactive have to do your due diligence and recognize there ’ south always the hypothesis of loss when you invest .

How much does it cost to buy a share of Amazon?

As of this spell, a share of Amazon ( AMZN ) costs a little less than $ 3,000 ( midmorning July 24, 2020 ). however, stock market prices fluctuate daily, so the actual share price will depend on the cost at the timing of your purchase. additionally, if your agent charges transaction fees, those need to be added to your final examination cost. You can besides buy fractional shares of Amazon by using certain on-line trading platforms that allow you to purchase a fortune of a stock without needing to pay the entire sum for a full contribution. In that case, you might be able to buy a fractional share of AMZN store for much less than the entire malcolm stock price .

Does Amazon pay dividends on its stock?

No. Amazon has never issued a dividend. A dividend is a payout a company makes to share its profits with eligible shareholders. Amazon doesn ’ deoxythymidine monophosphate pay dividends on its common broth, so if you purchase Amazon stock, you only benefit from its growth in respect and you won ’ thymine receive regular income in the shape of dividends .

Bottom line

It ’ randomness authoritative to note we aren ’ triiodothyronine fiscal advisors, and we aren ’ t oblation investment advice. This information about Amazon is designed to help you learn more about the stock so you can make your own choice about whether it makes sense to add Amazon standard to your portfolio .
There are many ways to build an investment portfolio, and before you decide how to go about starting in the store marketplace, it ’ s a good theme to consider your goals and risk permissiveness and create a plan that matches your individual position.

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