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

Asked on 12 Aug 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?

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XY
Xue Yi Hang
Level 4. Prodigy
Updated on 17 Sep 2019

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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XY
Xue Yi Hang

14 Aug 2019

Actually taking your example, the company must increase to $60 to break even cos when you sell you must pay commission again lol. Haven't count the custodian fees in between also 😅
Eric Ong
Eric Ong

17 Sep 2019

Lol... Totally Agree.
H
Henry
Level 3. Wonderkid
Answered on 13 Aug 2019

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

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