Finance

Limit Order

If you have been keeping up with me and blogs you will see In my previous article I talked about different types of Investments. This is a follow-up and I also will be answering some questions. Investing is a lot easier to manage than one thinks. With commitments and fancy technologies this days you can let AI (Artificial Intelligence) do all the hard push for you.

There are a few terms that you will probably only hear from people wearing suits on MSNBC or Bloomberg business. Your casual friends don’t use them. Well I’m here to tell that they are available to all us and there is a lot of advantage in them today I’m only going to shed light on limit orders which involves both buy and sell

According to investopidia: Limit Orders
A limit order is an order to buy or sell a stock for a specific price. For example, if you wanted to purchase shares of a $50 stock at $50 or less, you can set a limit order that won’t be filled unless the price you specified becomes available.

Similarly, you can set a limit order to sell a stock once a specific price is available. Imagine that you own stock worth $75 per share and you want to sell if the price gets to $80 per share. A limit order can be set at $80 that will only be filled at that price or better.

Now keep in mind they have the Pros and Cons.
A limit order offers the advantage of being assured the market entry or exit point is at least as good as the specified price. The key word here is certainty.

Disadvantages of Buy Limit Orders does not guarantee execution. Execution only occurs when the asset’s price trades down to the limit price and a sell order transacts with the buy limit order. The keys word here is not guarantee.

Yes you can start investing with as little as $100
And you don’t need to pay money to invest as of last year I believe Charles Schwab was the first to vanquished it. It’s always important to set up beneficiaries.To get away from negativity you don’t have to share your investments idea with people that are not in that circle.

People ask me that question consistently how do I know what and when to buy?
It’s simple I’m always in buying mood because I’m a dividend collector. But you can check within your brokerage for trending stocks and most movers from there you’ll see what others are doing.

I will answer 3 more questions next Friday
Until then invest with confidence and responsibly.

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