How big of a fee is acceptable to you from a broker?
I started investing with Porto at the very beginning, but over time I found out that there is a 1% fee, which makes a terrible difference in the long run and it is a shame to lose that much money. So I then switched to XTB and fortunately there the fees are zero.
It's too big a risk for me. The stock is very volatile and the financials look scary too.
For me, the current price is pretty cool, but I probably won't be buying. I might be much more interested in $SQ stock.
I recently came across a company called MercadoLibre. Their business is quite similar to Amazon. Overall, the company has been quite successful and profitable in recent years. It might not be bad for a smaller position, but the price is pretty high right now.
What's your take on MercadoLibre ($MELI)?
Now with a new CEO, things could turn around and it might not be a bad idea to buy a few shares on speculation that the stock will rise again.
It's horrible and the important thing is the reason why the stock is falling. European car companies are not doing well and it's a risk to invest now.
I was going through my portfolio today to see which stocks I want to sell because I would like to get rid of them and create some open positions. If the stock takes a profit, I would like to completely sell off $PFE and $DISshares .
Which stocks in your portfolio do you no longer want and would like to sell?
I'm thinking a lot about selling $CVS. They're not doing well at all anymore, but I'll probably wait and if the position turns a profit, I'd probably sell.
What do you think of the $NIOcar company ?
For quite a long time, their stock was down, but that has recently changed and the stock has risen several tens of percent over the past few months.
It's an interesting company, but I don't invest in China, so I don't want their stock in my portfolio.
If the stock drops a few percent and the drop is really significant, I would be happy to buy.
I think it's unnecessary. This is speculation. I'd rather invest in good businesses.
Shares of $NKE are up 6% today after Nike said its former CEO will return to the company. That's good news, but the company hasn't been doing well and the stock has been down for a long time.
I previously had $NKE stock in my portfolio and sold it fairly quickly, which was a good decision. I would not buy their stock again.
What's your take on $NKE?
Well if the stock drops even more significantly, it could be a nice buying opportunity.
I agree, the 1% charge is already visible and it's noticeable. There are plenty of brokers that have small or almost zero fees. Especially the difference is really big in the long run.