Basic Finance

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What Is a Bid-Ask Spread, and How Does It Work in Trading?

A bid-ask spread is the difference between the highest price that a buyer is willing to pay for a security (the “bid price”) and the lowest price that a seller is willing to accept for the same security (the “ask price”).

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What is the Buffett rule of investing?

The “Buffett rule” is a term used to describe a set of investment principles or guidelines that are believed to be followed by billionaire investor Warren Buffett