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What is OTC and should you trade it?
Manage episode 280099959 series 2530563
First, what is a stock exchange?
A stock exchange is a place where you can buy and sell stocks.
The New York Stock Exchange and Nasdaq are examples.
But you can trade stocks that aren't listed on either. OTC stocks are not traded on a traditional exchange, but rather but individual broker dealers.
I own only one OTC stock, iconsumer, which you can get free stocks for here by signing up.
https://www.iconsumer.com/Fsx0j6Y
I also mention a competitor, honey, which you can check out here. You also can get rewards for shopping by signing up here.
https://www.joinhoney.com/ref/i3h8tj
Sources
https://www.schwab.com/stocks/understand-stocks/otc-stock
https://www.investopedia.com/terms/o/otc.asp#:~:text=Stocks%20that%20trade%20on%20exchanges,by%20phone%20using%20the%20OTCBB.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/thefruglife/message Support this podcast: https://podcasters.spotify.com/pod/show/thefruglife/support140 episodes
Manage episode 280099959 series 2530563
First, what is a stock exchange?
A stock exchange is a place where you can buy and sell stocks.
The New York Stock Exchange and Nasdaq are examples.
But you can trade stocks that aren't listed on either. OTC stocks are not traded on a traditional exchange, but rather but individual broker dealers.
I own only one OTC stock, iconsumer, which you can get free stocks for here by signing up.
https://www.iconsumer.com/Fsx0j6Y
I also mention a competitor, honey, which you can check out here. You also can get rewards for shopping by signing up here.
https://www.joinhoney.com/ref/i3h8tj
Sources
https://www.schwab.com/stocks/understand-stocks/otc-stock
https://www.investopedia.com/terms/o/otc.asp#:~:text=Stocks%20that%20trade%20on%20exchanges,by%20phone%20using%20the%20OTCBB.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/thefruglife/message Support this podcast: https://podcasters.spotify.com/pod/show/thefruglife/support140 episodes
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