
When you buy or sell a stock, you don't just decide how many shares you want — you also have to decide how you want your order carried out. Finance expert Suze Orman recently explained this choice on her "Women & Money" podcast after a listener, Sharon, asked about using limit orders in today's volatile market.
Sharon, who is 83, said she doesn't want to spend her days glued to stock charts but wants to understand the best way to buy or sell shares. Orman broke down the difference between the two main order types — market orders and limit orders — and when each may make sense.