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.
The bid price is the highest price a buyer is willing to pay for an investment. This converges with the sellers ask price.
What is the bid vs. ask price and why is it important to have a complete understanding of the differences as an investor?