If you are like me, then you probably take a bit of the money you earn and put it into a savings account. (If you don't do this, then it's never too late to start!) Saving is a great habit to get into; I know some people who put a dollar into savings every time … Continue reading Saving vs Investing
Category: Getting Started
All the basic information that you need to excel with finances.
In the world of money and finances, you will often hear the term "diversify". The most common advice given by any financial adviser will boil down to one simple phrase: Diversify Your Portfolio You have probably already heard a more common version of this phrase: Never Put all Your Eggs in One Basket If you … Continue reading What Does it Mean to Diversify?
You have probably heard of stocks at some point, although it is not always initially clear as to what they are and why people care about them. So what are they? Why would anyone purchase a stock? How does someone purchase one? How risky is it? By the end of this article, all of these … Continue reading What is a Stock?