Amazon engineer will let strangers manage his $50,000 stock portfolio 'forever'

Re:Amazon engineer will let strangers manage his $50,000 sto... by schwank on Thursday July 06, 2017 @08:38PM (#14715116)

Huh? You can open a Fidelity account with $2500, and buy any stock you want including US and Int'l markets.

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Re:Amazon engineer will let strangers manage his $50,000 sto... by bisrig on Thursday July 06, 2017 @08:56PM (#14715204)

Day trading has a specific definition in this context (can't remember if it's SEC, FINRA, or some other acronym), and refers to the buying and selling of the same security with a single day. That $2.5k Fidelity account will go out of its way to tell you that you're not allowed to do that.

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Re:Amazon engineer will let strangers manage his $50,000 sto... by latencyloser on Thursday July 06, 2017 @08:50PM (#14715182)

Yes, but you can't do that four or more times in a period of five business days if it accounts for over some percentage of your portfolio.

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