How those buying and selling shares of stock work?
If I bought a share of stock from a good company for $ 96 am I gonna make a lot soon or take time?
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Answer by S.K.S77
Depends on the company and how long the company been around. Also, it depends on how well the company and the economy is doing lots of variables should be accounted for. If the company is relative new or has a new project or expansion you can expect a greater return if successful. But if the company is old such as WalMart and stock prices tend to not be as volatile. They tend to stay around the same price and only change a couple of dollars through out the year, maybe even a few cents.
It doesn't matter how much you brought the share for... it matters how much it increases.. If that stock only grows to $ 98 and you only own 10 shares thats only $ 20 profit where as if you brought a $ 7 and it rise to $ 14 that is a $ 70 profit. Hope that helps you..
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