What is a Bid-Ask Spread?
A bid-ask spread is a representation of what you’re willing to pay for a security vs. what someone else is willing to sell it for.
A bid-ask spread is a representation of what you’re willing to pay for a security vs. what someone else is willing to sell it for.
Ask price is the lowest price an owner is willing to sell any given asset, such as stock. This is the opposite of the actual bid.
What is the bid vs. ask price and why is it important to have a complete understanding of the differences as an investor?