I use vanguard and morning star and let’s say I want to buy $5000 in stock in Kimco OR AT&T. Of course I want a deal to buy low. The 52 week low for Kimco is $13.16 a share so let’s say I want to buy if it hits $15. The 52 week low for AT&T is $26.80 so let’s say I want to buy at $28. How do i monitor these 2 stocks in this example other then looking at their price every day? Do I place a limit or stop order? If I only have $5k in my settlement fund I cannot place orders of $5k on each stock and which every hits my target first gets bought.
This is just an example. I have about 20 stocks in my portfolio and I don’t think i want to dollar cost average into all of my stocks every month. I can’t time the market but I am trying to understand how to invest more funds into the stocks i want to hold and yet get a deal when their price dips?
Is it best to set up some sort of alert when a stock his a certain price, then run to a computer to buy or setup limit or stop orders. Sorry for the stupid question.
Submitted April 04, 2019 at 10:44AM by David949 https://ift.tt/2FTXoyv
