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Investing on a Budget with E-Trade, a free business course on Tomo

Investing on a Budget with E-Trade

Like Duolingo, but for Investing on a Budget with E-Trade. Tomo turns the whole topic into a game you play five minutes a day, until it actually sticks.

For the part of you with thirty open tabs that never became anything.

A short one: 9 levels across 2 sections, about 18 minutes end to end, roughly 4 days at five minutes a day. It moves through Starting Small and Keeping Your Costs Low. It starts from scratch.

9 bite-size levelsAbout 5 minutes each

Free forever · No credit card · iPhone & Android

Ernie the Eagle, the guide who teaches the Investing on a Budget with E-Trade course
Investing on a Budget with E-Trade
with Ernie the Eagle
9
Levels
2
Sections
5
Min/day
What you'll learn

Key ideas in Investing on a Budget with E-Trade

  • E*TRADE allows you to buy a fraction of a share for as little as $1
  • High share prices are no longer a barrier to entry for beginners
  • Fractional shares represent a percentage of a full share's value
  • Dollar-based investing on E*TRADE removes the need for complex math during a trade
  • The platform automatically calculates the resulting share fraction based on your dollar amount
  • The ability to buy high-priced stocks with a small budget on E*TRADE
  • Understanding dollar-based investing vs. share-based investing
  • E*TRADE lets you split a small deposit across many different expensive stocks
  • Diversification is possible even without thousands of dollars
  • Spreading $100 across 10 different companies reduces the risk of one stock's price drop ruining your portfolio
  • Dividends from fractional shares are paid out proportionally
  • E*TRADE's DRIP (Dividend Reinvestment Plan) can handle amounts smaller than a full share price
  • Automatic reinvestment helps a small account grow over time without manual trading
  • How fractional shares enable diversification with small balances
  • Knowledge of E*TRADE's automatic dividend reinvestment for partial shares
  • An ETF bundles hundreds of individual stocks into one ticker symbol
Why not just Google it

You've tried the other tabs

Wikipedia

Thirty open tabs. Four facts you actually kept.

YouTube

You watched. You nodded. By Sunday it was gone.

ChatGPT

One answer, then back to scrolling.

Online courses

Eight weeks. You meant to finish. You didn't.

Tomo gives Investing on a Budget with E-Trade the Duolingo treatment: levels, streaks, and quick quizzes that test what you just learned. That game loop is what the tabs above never had, so it's the one you actually finish.

Try a question

Here's what playing it feels like

A real question from this course. Take your best guess.

Investing with Pocket Change

How do fractional shares change the game for a beginner with a $20 budget?

Get it right to open this lesson and 8 more in the app.

Course map

Where Investing on a Budget with E-Trade takes you

Start your investment journey without needing a fortune. Learn how to use E-Trade's tools to buy pieces of big companies and build a portfolio with just a few dollars.

  1. 1

    Starting Small

    • The Power of Fractional Shares
    • Building with Low-Cost ETFs
  2. 2

    Keeping Your Costs Low

    • Avoiding Hidden Fees and Traps
    • Automating Your Growth

2 sections · 4 units · 9 levels. Built to play, not to enroll.

How it's taught

You pick the voice

This course
The Bestie

Investing on a Budget with E-Trade is taught in the The Bestie style: your friend who just gets it. Want a different feel? In the app you can spin up the same topic in any of Tomo's teaching styles. Same facts, totally different vibe.

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Start Investing on a Budget with E-Trade today.

Download Tomo, search Investing on a Budget with E-Trade, and play your first lesson in under a minute.