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Strategies & Market Trends : Value Investing
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To: Elroy who wrote (59686)1/7/2021 1:17:55 PM
From: Paul Senior1 Recommendation

Recommended By
beagle57

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Elroy: I'm already up 18% on GBTC. Wow and yippee! Who knew making money was this easy!!
If I sell now, I can almost buy a steak dinner! ---- if restaurants here were open.

---

The fact that most brokerages are commission-free for most trades, has two sides. On the one hand, I can buy embarrassingly few shares for no cost. And I mean embarrassingly few. Otoh, if there were commission costs, I might have to carefully consider making all these dinky size buys and on so many stocks. The commission costs might force me to stop piddling and commit to a stock because I'd want to make much larger/decent size orders, and fewer of them. And I might really be much better of profit-wise doing that, especially if I picked the right stock. This way though, it seems less risky (not if market crashes of course) and a lot more fun with a lot less stress.
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