How do I invest in ETFs with Carry?
Once you’ve added funds to your account, you can start investing in ETFs directly.
Step 1
To invest in ETFs, head over to the Investments section of the app under the Accounts tab and select Stocks & ETFs. Select the account you would like to buy the ETF in or sell from.
Step 2
You can then explore popular ETFs and search for ones that you want to invest in.
How to buy an ETF
Select your desired Order Type: Market or Limit.
For Market Orders: Input the dollar amount you want to invest in the ETF. Then click Buy.
For Limit Orders: Input your desired limit price, number of shares, and limit expiration date. Then click Buy.
How to sell an ETF
Select your desired Order Type: Market or Limit.
For Market Orders: Input the dollar amount of ETF you want to sell. Then click Sell.
For Limit Orders: Input your desired limit price, number of shares, and limit expiration date. Then click Sell.
What is a market order?
A market order is an order to buy or sell an ETF at the market's best available price. It typically ensures an execution but doesn't guarantee a specific price. When the primary goal is to execute the trade immediately, a market order could be optimal.
What is a limit order?
A limit order is an order to buy or sell a security at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.
Example: An investor wants to purchase shares of the VOO ETF for no more than $10.
What is a Stock ETF?
A stock ETF, or exchange-traded fund, is a type of investment company that allows investors to pool money into a fund that invests in stocks. ETFs are similar to mutual funds, but they can be traded throughout the day on a national securities exchange.
What is a Bond ETF?
These ETFs invest in a portfolio of bonds, such as U.S. Treasuries, high yields, or long-term and short-term bonds