And you likely paid for the trade to buy the trade. And paid to sell the trade. So you likely lost some money for the trade costs.
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Emotions should never play a role in one's investing strategy!
No to Greed...No to Fear!
http://share.robinhood.com/mariloc1
Fortunately, Iam using Robinhood, where I don't pay any fees. Robinhood - Referral
Emotions should never play a role in one's investing strategy!
No to Greed...No to Fear!
http://share.robinhood.com/mariloc1
Does ROBINHOOD do ETF funds ? And can it handle self directed IRA accounts?
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Emotions should never play a role in one's investing strategy!
No to Greed...No to Fear!
http://share.robinhood.com/mariloc1
Moving from vanguard to a self directed Ira and ROBINHOOD would be nice. Need to investigate this.
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Emotions should never play a role in one's investing strategy!
No to Greed...No to Fear!
http://share.robinhood.com/mariloc1
Try out collective2.com web site. It supposedly is a good tool to watch trends and consider where you need to place your resources. It's not too costly for a stock trend service. Have yet to try it myself.
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Question from a dummy:
what is the effect of a fed hike with the price of gold?
if interest rates go up, will the price of gold go up? Or is it inversely correlated?
Emotions should never play a role in one's investing strategy!
No to Greed...No to Fear!
http://share.robinhood.com/mariloc1
You are far from a dummy.
How a Rate Hike Could Impact Gold
How a Rate Hike Could Impact Gold | Investopedia
"When interest rates are hiked the U.S. dollar appreciates, which leads to gold moving lower. Investors have sought gold recently because it is seen as a safe haven, there isn’t much interest in the fixed-income market and stocks are volatile. Once the Federal Reserve backed off on its four expected rate hikes for 2016, gold skyrocketed delivering its biggest quarterly gain in 30 years in the first quarter of 2016. Adding fuel to gold’s rally was the Federal Reserve not ruling out the possibility of negative interest rates. However, conditions have changed. ..."
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
In general when interest rates are rising it usually is a sign that the economy is growing, and that tends to help the dollar, which puts pressure on the price of gold. That's what has happened recently, but it's not always a clean correlation.
You can see that recently interest rates (yields I should say) and gold have been going in different directions.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Thanks, USERQUE AND Tsp talk.
i hooe DUST won't plummet too much today...need it to be $54....LOL
bought the inverse of nugt yesterday. Bought a littke too high...
keeping my fingers crossed. Dust has been good to me since Nov. 8
Emotions should never play a role in one's investing strategy!
No to Greed...No to Fear!
http://share.robinhood.com/mariloc1
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