What is a Bid-Ask Spread?
A bid-ask spread is a representation of what you’re willing to pay for a security vs. what someone else is willing to sell it for.
What is Bid Price?
The bid price is the highest price a buyer is willing to pay for an investment. This converges with the sellers ask price.
What is the Bid vs. Ask Price?
What is the bid vs. ask price and why is it important to have a complete understanding of the differences as an investor?