You Can Sell Stocks In Only Five Minutes

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You know what makes stock investing so dangerous? The fact that we can instantaneously combust a long-term strategy merely if we are having a bad day. The amount of damage we can wreck on our portfolios in under five minutes simply by logging onto a computer account is absolutely crazy. That is why I favor stock certificates, because it is a great way to build some friction and resistance between yourself and the stock you are trying to sell, as well as make it easier upon yourself to remember that you are a long-term owner of your stock.

A couple generations ago, it was very difficult to switch positions rapidly. You had to call up a broker and place a round lot (100 share increment) order, and most importantly, you had to pay a commission fee in the several hundreds of dollars. For a young professional just getting started … Read the rest of this article!