Day Trading, the act of buying and selling stocks on a daily basis to profit off of short-term fluctuations in share prices, has significantly risen in popularity over the course of this year as a result of the ongoing bull market that has occurred since March. Horizon Wealth Advisors’ Director of Investments, Owen Murray, recently shared his thoughts with Benzinga on the potential risks for many novice investors trying their hand at day trading. Owen believes, in most cases, investors are better served by creating a well-balanced, long-term portfolio, rather than racking up trading expenses and costly short-term capital gains. Learn more about Owen Murray’s thoughts on this topic in the Benzinga article titled “Should I Day Trade?”.
If you, or anyone you know, is interested in receiving a complimentary financial review and consultation, please reach out to us. We are always happy to help.
Horizon Wealth Advisors is a Houston based fee-only wealth management firm. Horizon is a fiduciary advisor. We specialize in helping successful individuals and families understand, organize, and manage their often complex financial situations. Horizon offers integrated financial planning and investment management services.