More sellers than buyers?

You often hear this statement made as if it were a matter of fact. Sometimes you hear the opposite statement. Are either true? Not really. Supply and demand is balanced by price … price is set by a willing seller and a willing buyer. The number of buyers and sellers is not really a factor … what price they agree upon is the factor which sets a new price, either higher or lower than the current price. It is easy to forget that today when you look at a computer screen instead of the others’ face.

The below article at AdviceIQ explains this statement more.

Here’s my original blog that prompted this article in conjunction with AdviceIQ.

About Larry Frank, Sr.

Larry R Frank Sr., MBA, CFP®, is an experienced financial advisor and a published author on Retirement Planning Research. Have a financial question? Click Here to Ask Larry

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