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My question is what to do with excess capital that's sitting in the account after purchasing stock, and if there is any way to exploit that or if there are ways to buy individual percentage shares of one share of stock etc.

FolioFn will let you buy fractional shares of stock. I understand some other brokers will allow that also. Folio also lets you reinvest dividends automatically. They don't allow this for all stocks, but most active stocks are included.

This can make for lots of small transactions, so it works best with an IRA.

They pay a rate on cash balances as well. I don't recall what it is just now, but believe it is a better rate than most brokers pay.

So, for my non-IRA account, I just put extra cash in Vanguard's money market fund - VMMXX. Like most MM's they hold the price at $1 constantly, so no gains and losses to deal with.
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