By Karim Rahemtulla Many investors are sabotaging their retirements unnecessarily – and for the life of me, I can’t figure out why.
One thing I will never understand about the market is why there should even be an option to place market orders on everyday trades. These orders get investors into more trouble than any other strategy when buying or selling stocks.
A market order allows you to buy a stock or option at the price it’s trading when your order is received. That might not hurt for a stock trading with penny spreads if the market isn’t moving fast.
But for Long-Term Equity Anticipation Securities …read more
