Is a Full Service Broker Right for You?
In a world of discount brokers with $10 trades, is there any reason to return to full service brokerage firms with their commissions that can sometimes run as high as $400, $600, or more per trade? Believe it or not, there are some of you that might be better suited for these types of full [...]
Frictional Expenses: The Hidden Investment Tax
Few investors are aware of the tremendous damage so-called frictional expenses impose on investment performance. By merely reducing these expenses, you may be able to significantly increase your long-term rate of return by lowering your overall cost basis. Commissions and Fees The most frequent frictional expense is brokerage commissions and fees. Thankfully, with the [...]
Frictional Expenses: The Hidden Investment Tax
Few investors are aware of the tremendous damage so-called frictional expenses impose on investment performance. By merely reducing these expenses, you may be able to significantly increase your long-term rate of return by lowering your overall cost basis. Commissions and Fees The most frequent frictional expense is brokerage commissions and fees. Thankfully, with the advent [...]
End of post for Types of Market Orders !
Congratulations! You’ve reached the end of the stock trading tutorial postings. You now have the basic building blocks to help you make better decisions for your portfolio. This handy summary will serve as a cheat sheet in the future: · Market orders guarantee execution but not price. · Limit orders guarantee price but not execution. [...]
Trailing Stop Orders
One way to protect gains and limit losses automatically is by placing a trailing stop order. With a trailing stop order, you set a stop price as either a spread in points or a percentage of current market value. Imagine you purchased 500 shares of Hershey Chocolate at $50 per share; the current price is [...]
