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I am officially an investor

beI just briefly wanted to mention my excitement at purchasing my first share in a stock yesterday. And by share, I mean that literally, as I purchased just a single share of the company BE Aerospace (BEAV), who manufactures airplane parts (such as seats).

It’s interesting because just a few months ago, purchasing a single share for $28.05 would have been ludicrous, as even a $5.00 commission charge would mean the stock would have to rise 18% before I made any money! Thankfully, Zecco has, at least for the, made commission fees a thing of the past.

So how did the order on Zecco go? Flawlessly. I put in a market order, clicked execute, and literally a half second later I owned a share of BE Aerospace. This has boosted my confidence in Zecco tremendously. I also placed a stop order for 20% of the price I bought the stock for, and that order looks to have been placed fine as well.

Unfortunately, my investments for the foreseeable future are going to be a bit limited. First, the stock market has been behaving a bit oddly as of late, and as I posted a week ago, the next few weeks look a tad uncertain. I am also still focusing on padding out my emergency savings account before saving money elsewhere.


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It’s nice dipping your toe in. Good luck with the share.

Thanks! I also wanted to say I just read your post on Prosper and, while I’ve had an account open there for a week now, it made me decide to go ahead and try my hand at lending. So thanks for the post there, it gave me an incentive to try my hand at Prosper.

Congratulations Jon. You’re on your way.

Thank you for posting this. I am currently learning about stocks, and today just bought one single share in (CROX), before I read this post. I was pretty sure until now that I was the only person to buy one sigle share in a company. I was just nervous about the whole thing. Well, I’m throwing my money down the drain if I don’t sign up for zecco. Thanks a million :)

Good to hear! I agree I felt a little odd just buying _one_ share as well. That feeling went away quickly when I saw that share start to rise though, and it’s great that Zecco has provided a means for people to buy such small shares without worrying about commissions.



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