What is the Bid / Ask? - The Wealth Academy presented by Valentine Ventures, LLC

What buyers are willing to pay and what sellers are willing to accept is the basis for stock trading (along with just about anything). In the stock markets, these values are known as the BID and the ASK, and we'll run you through what they mean here in The Wealth Academy. Bill Valentine, CFA is the President and Portfolio Manager at Valentine Ventures, LLC, a wealth management firm located in Bend, Oregon. A financial educator, Bill puts out weekly market updates via The Hog Blog. Visit http://valentineventures.com/blog to view more of our content and sign up for weekly email notification of our latest communiques.

Comments

1. Thank you for sharing this video. My question is why do we need to know this, and how does it help in placing trade and trading stocks ?
2. 15 second intro is way too long so. thumbs down.
3. quick question. nobody has ever been able to answer. why is there a
   spread at all? why cant 100.50 be the and bid at the same time
   to stop the confusion?
4. Thank u so much;)
5. great! Thanks
6. great. thanks
7. Thank you for unraveling this mystery of those two terms! Great job!
8. So, When you buy a stock do you choose the Ask Price?  What I know is when you go rid of your stock they gave you the bid price.  Is that correct?  Please advice.  Thank you.