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I bought stock in UWT. Only $50 worth. Don't care if I lose it but could I end up owing a ton?

I bought stock in UWT. Only $50 worth. Don't care if I lose it but could I end up owing a ton if they bottom out or am I just betting my $50 and trading fees that it rallies? Super new to this but thought it was a good time to get into the market. 

7 Answers

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  • 2 months ago

    Unless you are shorting, you are not going to lose more than your principal. The trading fees defeat the point of buying such a small amount. Even a high load mutual fund isn't this inefficient in terms of fees. 

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  • 2 months ago

    Just trying to learn with small amounts before I try anything crazy. Figured now is a good time to get my feet wet. A lot of reading day and night, choosing, and figuring out what is what. I have put in 1k total so far and am up 50% so I'm alright I just got an email on risk about that kind of stock and I didn't really understand it. Thank you everyone! I marked all answers as helpful. 

    • Lv 6
      2 months agoReport

      maybe if you take those sunglasses off, you will be able to see things better

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  • Scott
    Lv 7
    2 months ago

    You can't lose more than your initial investment.

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  • 2 months ago

    You can't lose more than what you put into it. The only way you can lose more is when you buy on margin.

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  • Anonymous
    2 months ago

    $50?  Wow, you might be able to retire early.

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  • Eva
    Lv 7
    2 months ago

    You can't lose more than you put in. The only way that happens is if you buy on margin or are doing puts/calls. Perhaps you should study how the stock market works before you invest any more, since you didn't know this basic fact.

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  • 2 months ago

    Just "betting" your $50 plus trading costs, if any.

    But you are pretty much giving your money away if you don't understand what you are doing at all.

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