Many new investors are drawn to the stock market by the allure of making money, but they may not have the funds to buy stocks outright. Fortunately, there are some ways to buy stocks for free.
One way is to take advantage of stock rewards programs offered by some brokerages. These programs allow investors to earn free stock for completing certain tasks, such as signing up for an account, making a deposit, or referring a friend. Another way to get free stock is to participate in dividend reinvestment plans (DRIPs). DRIPs allow investors to automatically reinvest their dividends in more shares of the same stock.