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Recently we were listening to the 90's rap song "WuGambinos" by Raekwon, and we couldn't help but think of Fractional Buying when Rae says, "Let's cut the pie five ways" right before the track starts. For those that do not know, Robinhood, CashApp, & Public (our favorites trading apps) have a feature called Fractional Buying that allows folks to buy a slice 🍰of stock or bitcoin rather than the entire thing.
Ya whole fam can finally hop in the market with $1, $5, $10, or $50 to start a portfolio with some blue-chip assets. ❤️
For Example, you could "put $5 on it " to the following assets below:
Berkshire Hathaway $267,551.00 per share
Bitcoin $9,072 per share
Seaboard $2,922.00 per share
Amazon $2,890.50 per share
Cable One $1,773.26 per share
Bookings Holdings $1,671.79 per share
Google $1,469.93 per share
AutoZone $1,148.97 per share
Tesla 1,213.20 per share
Shopify $1,031.00 per share
Dope, right?
Some folks may say, "Nah, "I want a whole share, tho" or “that is not much gain,” but it is far better to make some money off the company than no dough at all. There are cheaper stocks, but before fractional buys, not many could say, “I own Amazon or Tesla stock”. Now they can.
The pie can now be cut 5 ways = level the playing field for everyone.
**Put your people on to Fractional Buys of assets by sharing this with anyone you think would appreciate this heads up! 🙏
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We put together a quick survey of dope trading apps one can use to build wealth.
1.ROBINHOOD
We chose the Gap since Yeezy has a new deal with them this month. We do it for hip-hop. 🙌
So for example, if you put $5 on the Gap, you will get 0.406834 of a Gap share. $GPS
BUY
-Bitcoin & Ethereum
-Stocks
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If you put $10 on Tesla, you will get 0.008242 of a Tesla share. $TSLA
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2. PUBLIC
We fucking ❤️ the trading app called Public. Public is unique because of the social network features they attach to the trading app. If you are unsure of what to stock to cop, you could follow @NahRabbits and copy our market buys. The other dope part of the app is when we by a slice of stock, our friends get notifications of our current buys. Pretty Sick!
Download the app and follow us, here.
Buys of Stocks allowed only.
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3. CASH APP
Sqaure’s Cash App is just fucking cool. We are mad long term investors in the company and believe this Sqaure is well on it’s way to being The Bank of the People.
Fractional Bitcoin and Stocks can be purchased.
Download The Cash App
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That Throwback….
We wrote about the trend of fractional buys with other assets like Streetwear culture (Jordans, Kaws Paintings, etc) a few months back. Give it a read.
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Now you know…
And before we dip….
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Oh, Lordt,
2020, what else do you want from us?!
There is a lot at risk here this coming Nov. We certainly don’t need folks playing around with this election, taking votes from real candidates, to sell some clothes. Come on, bruh.
But we digress.
Quick Lil Reminder
Kanye just signed a clothing line deal with the Gap that he needs to promote.
Per the New York Times: TEA 🍵
♟️The Gap is hoping that Yeezy Gap will be generating $1 billion in annual sales.
♟️The Gap will pay royalties and potential equity to Yeezy, which is solely owned by Mr. West, based on sales performance.
♟️The deal started this month and the press is already going apeshit.
💡The clothing line is set to drop FIRST HALF OF 2021.
💡Do the calendar math between the election month and Ye’s clothing drop.
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Gap Stock $12.28 per share
J U S T S A Y I N G.
-Done.
Thank you for reading!
Nahrabbits created The Pager to communicate a mix of frequent messages to people about the not so obvious shit going down in tech and cool finance
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