IBKR Support: How to Contact Interactive Brokers Customer Service If You Have a Problem

Interactive Brokers Customer Support: Best Contact Methods at a Glance1. Phone number: 1 (877) 442-2757 (live phone support is offered 24/6)2. Web site: https://www1.interactivebrokers.com/en/index.php?f=15603. Live chat: https://www1.interactivebrokers.com/en/index.php?f=1560&p=chat4. Email: IBKR does not have a public customer service email address, but you can send a message to a customer service member here: https://www1.interactivebrokers.com/en/index.php?f=38695. Fax number: (312) 984-10176. … Continue reading IBKR Support: How to Contact Interactive Brokers Customer Service If You Have a Problem

How to Allocate to Bitcoin: Alternative Ways to Play the Cryptocurrency

Bitcoin is rallying again. In fact, according to CoinTelegraph, the price of the world’s most famous cryptocurrency has hit its second highest price ever. Just this year, bitcoin has appreciated 165%. While investing directly in cryptocurrency is relatively easy now thanks to apps like Robinhood and Coinbase, you may have some reservations about holding cryptocurrencies … Continue reading How to Allocate to Bitcoin: Alternative Ways to Play the Cryptocurrency

What is Tiger 21? Four Lessons From Michael Sonnenfeldt’s Exclusive High-Net-Worth Investing Club

At BroStocks we are all about supporting your aspirations. Start a side hustle that could lead to a successful full-time business. Building your portfolio on Robinhood and other brokerage accounts. Maybe investing in that first piece of rental real estate as your first step to growing your net worth. Tiger 21 is the real-life embodiment … Continue reading What is Tiger 21? Four Lessons From Michael Sonnenfeldt’s Exclusive High-Net-Worth Investing Club

How to Select an Actively Managed Mutual Fund: Akre Focus Fund Case Study

In the battle between passive and active investing, there has been one clear winner in the past decade. Passively managed index funds now account for a majority of assets under management in the ETF and mutual fund space. The reason for passive investing’s triumph over the past decade has many contributing factors, but probably one … Continue reading How to Select an Actively Managed Mutual Fund: Akre Focus Fund Case Study

Michael Steinhardt: How Successful Investors Perceive Things Differently

You can be a successful long-term investor in one of two modes: passive or active. Passive investors tend to look at the research related to investment transaction costs and the challenges of beating the market over the long-term and put their investments on “autopilot” by selecting solid index funds over the long-term with a reasonable … Continue reading Michael Steinhardt: How Successful Investors Perceive Things Differently

7 Reasons Why Beginner Traders With Small Accounts Should Focus on Penny Stocks

So, you have a few grand burning a hole in your pocket. Maybe you’ve managed to hold onto your job through this whole COVID-19 crisis and just received some government stimulus money. You want to take a shot at learning trading but there are too many options to decide on. Options? Forex? Crypto? What about…penny … Continue reading 7 Reasons Why Beginner Traders With Small Accounts Should Focus on Penny Stocks

What are Inferior Goods? 2 Stocks with Potential Durability for a Recession (or Depression)

In a recent post, we talked about the difference between investors and traders, and everything in this post will apply to investors. That is to say, the content of this post applies to people interested in a longer term position in stocks of three or more years. With the historic bull run that the United … Continue reading What are Inferior Goods? 2 Stocks with Potential Durability for a Recession (or Depression)

The Sleep Easy Portfolio: Did Asset Allocation Work During the Coronavirus Market Crash?

In February we introduced a concept called The Sleep Easy Portfolio: How to Sleep Easy in Any Market Environment With Just Four ETFs. We had no idea that a historic market crash and ensuing bear market was right around the corner as a result of a global pandemic. While the news has been pretty terrible … Continue reading The Sleep Easy Portfolio: Did Asset Allocation Work During the Coronavirus Market Crash?

Seven Key Differences Between Investors and Traders

Are you a trader or an investor? If you’re new to the stock market this question might seem trivial, but it’s important that you’re clear on the distinction. Many investors make mistakes by taking on the behavior of traders, and many traders often lose money when mistakenly acting like investors. Investors enter positions for long-term … Continue reading Seven Key Differences Between Investors and Traders

What happened to Luckin Coffee? A big blow in its attempt to knock off Starbucks in China

Update: On April 7, 2020, NASDAQ halted trading of Luckin Coffee (LK) indefinitely.Update: On May 11, 2020, Luckin Coffee's Board fired CEO Jenny Qian Zhiya, and COO Jian Liu.Driven by a tech savvy strategy combined with efficiently laid out stores, Luckin Coffee went from a concept in late 2017 to having more store locations in … Continue reading What happened to Luckin Coffee? A big blow in its attempt to knock off Starbucks in China