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What is OTC and should you trade it?

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Manage episode 280099959 series 2530563
Content provided by Ricky Hirschi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ricky Hirschi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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/support
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140 episodes

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What is OTC and should you trade it?

The Frug Life

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Manage episode 280099959 series 2530563
Content provided by Ricky Hirschi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ricky Hirschi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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/support
  continue reading

140 episodes

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