$1,000 Too Expensive? How Much Does Price Affect Your Decision?
From an investment logic perspective, a single $1,000 stock and ten $100 stocks yield the same return percentage if you invest the same amount of money.
But in practice, high-priced stocks do have a psychological impact on everyday investors.
So, how much do high-priced stocks influence your investing decisions?
A high stock price doesn’t mean the stock is expensive. It’s easy to say — but do you truly believe it?
SOXL is $10, Nvidia is $100, Netflix is $1,000. If you had $5,000 — how would you allocate it?