when you buy stocks of that price what is the approx number of shares you buy at once? i like some higher-priced stocks but feel like anything under 100 shares (what I can afford) is not really "fun".
Selling a ton today. Buying SPXS. My bet will be down.
Yikes that 5 year chart , banking on a reversal ?
April is the next time frame to see a possible reversal. Still this is no market to be shorting. Sell some at highs and buying lows but do not short a market this strong, IMO. If we get above 21,712 then possibly looking at a top.
Depends when you need the money. If you don't need the money and have it invested in a good stock, never sell.I asked this in the financial thread. Any other opinions on whether now is a time to sell some stocks?
I guess after looking over my watch lists and stocks I'm going to swing for the fence this year with a stock that really paid off during the last tech bubble. That and with Trump coming in and talking tough with China I like American Superconductor, AMSC trading at 7.36.
Also considered DDD, and more of a value play in GME that I really like. Also like strong dollar UUP this year but that just won't move enough for this contest.
Anybody invest using Wealthfront? 5/5 Rating on NerdWallet's review of them.
https://www.nerdwallet.com/blog/investing/wealthfront-review/
Basically, its a robo-adviser and will manage the first $10,000 you invest for free. After that the fee is .25%.
I decided to try it out and invested $1000 on 5/3. So far its up over $14.00 in the 9 business days since my investment.
They will manage an additional $5,000 for you and every referred person that invests with them.
https://wlth.fr/2psYSZH
They have a very good advisory board in Burton Malkiel, Charlie Ellis and Meir Statman. Malkiel's book, "A Random Walk Down Wall Street" is considered one of the better and accessible for even the newest of investors. Ellis's book "Winning the Loser's Game" is also great. Their advisory fees are not too horrendous either even when you break their $10,000 fee threshold. That said, I still am not totally convinced that, over the long haul, the robo advisory will be worth even a modest fee. Like so many other things, it depends on the individual. What works for one investor will not necessarily be the best for another.
I think a service like Wealthfront and others is for the investor who does not know how to do it. The nice thing about Wealthfront and other robo advisors is that they do all of the portfolio building for you using traditional financial theories/equations. I think this is valuable for someone who knows they needs to invest, but doesn't know how. I think there is a big market out there for a service like this.