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re: Investing Emergency Fund?
Posted on 1/3/17 at 1:25 pm to Janky
Posted on 1/3/17 at 1:25 pm to Janky
You can set a sell-stop order with any investments, and follow it up as your investment increases. I honestly don't know why more people don't do this, it is super easy. But it does require staying on top of it.
I understand that a sell-stop can still amount to a significant loss if the equity drops significantly, but that chances of that are extremely slim and worth it for the risk of your return IMO.
I understand that a sell-stop can still amount to a significant loss if the equity drops significantly, but that chances of that are extremely slim and worth it for the risk of your return IMO.
Posted on 1/3/17 at 1:30 pm to baldona
quote:
You can set a sell-stop order with any investments,
Not any
quote:
I honestly don't know why more people don't do this, it is super easy.
Because a gap down could be painful for an emergency reserve.
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