Explain this!
Junior Member
- Joined
- Feb 7, 2019
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- 164
If an investor owns a stock priced at $100 a share, and it moves up two points $2.00), he has made 2 percent on his money.
The same $2 movement in a $200 stock is only a 1 percent gain. Although he gains the same dollar value, the percentage growth of his money is less with the higher-value stock.
Is the 2 percent gain better than the 1 percent gain?
The same $2 movement in a $200 stock is only a 1 percent gain. Although he gains the same dollar value, the percentage growth of his money is less with the higher-value stock.
Is the 2 percent gain better than the 1 percent gain?