- Tax Planning
- Investments 1: Before you Invest
- Investments 2: Your Investment Plan
- Investments 3: Securities Market Basics
- Investments 4: Bond Basics
- Investments 5: Stock Basics
- Investments 6: Mutual Fund Basics
- Investments 7: Building Your Portfolio
- Investments 8: Picking Financial Assets
- Investments 9: Portfolio Rebalancing and Reporting
- Retirement 1: Basics
- Retirement 2: Social Security
- Retirement 3: Employer Qualified Plans
- Retirement 4: Individual and Small Business Plans
- Estate Planning Basics
Case Study #2
Data
Steve’s purchase of one hundred shares of CHKP has been a good investment. Yesterday the stock closed at $53.75 per share. In order to lock in his gains, Steve decides to employ a stop-loss order.
Application
a. Assuming you set the stop-loss order at $53.00, what is likely to happen?
b. At what price would you recommend setting the stop-loss order? Why?
