Great news! You can now trade 24 hours a day on TDAmeritrade. I mean, what could go wrong with the ability for anyone to trade all day long? (Please note all of this is in the sarcasm font). I have a couple of attorney friends I expect to never hear from again as they will be locked away trading non-stop. (This part is not in sarcasm font)
X
-
Nope, once a year to rebalance is enough for me, even though we custody with TDA.Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087
-
I'll expose my ignorance-- who would TD Ameritrade customers be trading with? How do these after-hours markets/pools work? I'd be especially worried about high frequency trading firms front-running orders and taking invisible commissions.
On the other hand, the more volatility associated with less liquidity is generally a good thing if you have some prices in mind for particular stocks as a (long-term) value investor. Paying some extra hidden fees may still be worth it.
Personally, we sold most of our taxable investments to pay off low-interest debts over the past few months, so we don't have much in the game right now.
Comment
Channels
Collapse
Comment