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Derrick Loh

Derrick Loh

Level 2

25 Nov 2019

US Stocks Entry Level Questions - What is the minimum US stocks like Amazon shares that I can buy?

How does long term stocks works? if I'm looking to buy and hold it for long term (30 years), from time to time, if share prices drop below buy-in price, do I need to have extra cash to withstand it?

Does it work like day trading? Will it start to deduct money from my accounts if the shares fall below buy-in prices?

Or is it a 1-time buy-in thing? If I were to buy 50K worth of Amazon shares, I will lose 50K at most if the stock crashes?

How does one lose money, buying long term and holding it?

Investments Stocks Investing

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    Discussion (5)

    What are your thoughts?

    XY

    Xue Yi Hang

    17 Sep 2019

    Level 4

    To add on to the other answers, there is a minimum commission paid to the brokerage when you buy and sell, so it is often not worth it to just buy/sell 1 share.

    In addition, brokerages actually hold your foreign shares on your behalf so they will also charge a monthly custodian fee (couple of dollars).

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      H

      Henry

      13 Aug 2019

      Level 3

      For stocks listed in US exchange, min stock u can buy is 1.

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