Why can't i buy stocks?
Question:
now why do i have this message comming up " We are unable to process the order referenced above. The principal amount is below the required minimum for a USAA Electronic Investing transaction. Please call our Customer Service line (800) 531-1236 if you need further assistance."
I have 200 dollars in my account. Why can't i buy this stock?
Answer:
I believe that they just got bought out by Gamestop (GME) and they are around $47.00 a share.
Sounds like the trade is too small for your broker.
Best suggestion: Call the broker.
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I hope you're doing some "real" investing with stocks over $5.00. Penny Stocks is the wrong place to be for someone starting in investing..
who are you going through that's charging you so much for commision?
But seriously though, I would contact your broker and make sure that he explains things so you fully understand what is going on. The only way to get ahead in investing is knowledge.
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