I bought 4 SPY ETF's today at $449.54 each. I bought SPY at the end of the market day. I dropped a total of 1,278.00$ cash, 539.51$ on margin.
Margin means the money was given by my broker. My broker is TDAmeritrade.
As of right now, during this aftermarket hour, I am up .16cents.
When you don't know what to do with a small stash of money, putting money into the S&P 500 is a good move.
Ticker: SPY is the S&P500 ETF.
ETF is an Exchange Traded Fund. This product is a basket of securities that track the underlying asset, and in our trade the underlyinging asset is the S&P 500.
I like ThinkorSwim platform to buy and sell stocks in the market.
I like how I can customize the chart and I can customize the indicators. I use the Camarilla Pivots, originally created by Nick Scott.