I recently invested 1000$ into stocks. The stock has risen, and right now my gains are about 700$. I also had 300 floating from bonds I used to own which I sold a while ago. I haven't touched those 300 at all and was thinking of investing that and then some into another similar market stock which has a lower stock price at the moment.
However the buying power tab is telling me that I currently have 1000$ buying power. How is this possible? Is it letting me re-invest my gains from the other stocks into more stock? Why do I not have simply 300$ and rather have the sum of both as my available purchasing power. I definitely need to get more educated about what i'm doing here, but I dabbled into this casually. I just wanted to buy for another 1k a different stock, needed to add cash first to make my balance > 300, yet I see my buying power would allow me to bypass that.
I just need to know what this money is before I make my moves.
Submitted June 21, 2018 at 05:40PM by PlatformKing https://ift.tt/2Ic5Vw0
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