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Can you trade $1?

In some cases, you can get started with as little as $1. Stocks and exchange-traded funds can only be bought in whole units at many brokers. Depending on the company or fund, that could mean thousands of dollars for a single share.

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Investing can seem intimidating when you see experts advising workers to put away $100,000 by 35 or aim for over $1 million by retirement. But you don't need a ton of money to buy into the stock market. In some cases, you can get started with as little as $1. Stocks and exchange-traded funds can only be bought in whole units at many brokers. Depending on the company or fund, that could mean thousands of dollars for a single share. But some financial companies are changing those requirements. Now, firms including Charles Schwab, Robinhood, Square, SoFi and Stash all allow investors to buy fractional shares of individual stocks and, in some cases, ETFs, for $1 or more. "This is a start in the right direction," Ryan J. Marshall, a New Jersey-based certified financial planner, tells CNBC Make It. "Allowing for fractional shares of ETFs will open up the market for more investors." If that sounds enticing, here's what to keep in mind.

Invest in mutual funds first

It's certainly positive that investing is getting cheaper on the whole for the average investor. But if you're a novice, you're going to want to stick to buying low-cost funds that track an index like the S&P 500, rather than picking and choosing individual companies to invest in. "If you can only afford fractional shares of a stock, then you probably shouldn't purchase the stock in the first place," says Marshall. These funds have relatively cheap fees and give you exposure to broad swaths of the stock market, which are key factors in building wealth. Stock picking by itself is a losing game — no matter how much research you put in, you're probably not going to beat the market, and studies indicates time and again that passively managed funds perform better than actively managed funds. "In today's environment, most people are running around worried about their careers, their family, what time soccer practice is on Tuesday and simply don't have the time to monitor and research individual stocks," says Marshall. "Either leave it up to mutual funds managers to make those calls or own the market in an index fund. Both provide great diversification and lower entries costs." Buying fractional shares has always been possible when buying mutual funds, according to a spokesperson from Fidelity; it's essentially what investors do when buying into funds through a 401(k). Now, the ability to buy fractional shares is expanding to ETFs and stocks too, which you'd typically buy through a taxable brokerage account. "The individual investor is better suited by investing in mutual funds and exchange-traded funds," Greg McBride, chief financial analyst at Bankrate, told CNBC Make It. "But the lure of individual stocks is always there. On some level, so is the belief that doing so enables the investor to beat the market, which has proven not to be true."

Then buy individual stocks

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Can you withdraw money from bonus bets?

You'll be able to withdraw your winnings only after you have met the bonus wagering requirement. Depending on the bonus, your deposit amount, bonus amount or winnings (if any) can be restricted to a specific product, sport, sports league, game or group of games.

Why can't I withdraw my balance when using a bonus?

You’ll be able to withdraw your winnings only after you have met the bonus wagering requirement. Depending on the bonus, your deposit amount, bonus amount or winnings (if any) can be restricted to a specific product, sport, sports league, game or group of games. If you fail to meet the wagering requirement by the bonus expiry date, the bonus amount and the winning amount (if any) will be taken back. Wagering requirements may be measured in iRewards points, money wagered, or raked hands in poker. For example, if you receive a $20 bonus with a 2x wagering requirement, you'll need to wager twice your bonus amount. So in this case, $40 must be wagered before the bonus amount is released and available for withdrawal. Always be sure to read the the promo/bonus terms and conditions to fully understand how they work.

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