Buying FZILX
Hi, this is probably a dumb question. Wanted to buy fzilx in my Roth and when I was purchasing it, the option gave me a dollar amount and I think it was asking me how much I wanted to buy. My understanding is that if I say I’m buying $3000 it will take the end price at the end of the day (say $16.50) and divide $3000 by that price. So in this scenario, I would get 3000/16.50, so 181.81 shares? Is my understanding correct? Thank you for your help!
u/ImperatorofKaraks — 2 days ago