A DRIP (Dividend Reinvestment Plan) is great for the small investor. If you personally want to invest, but feel like you don't have enough money, a DRIP is a great starting place for you. You don't need very much money to get started and you don't have to keep pouring large amounts of money in. How a DRIP Drips A DRIP is a company program for it's shareholders (anyone … [Read more...] about What is a DRIP?
Bitcoin is a new term compared to most other forms of currency. Bitcoin is now a real and fairly popular currency, so you should probably know a little bit about it. When you ask Google what Bitcoin is, this is the first thing you will get: "Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer … [Read more...] about What is Bitcoin?
You have probably heard a lot about penny stocks. I'm sure you have seen ads all over the Internet that advertise things like "Get rich with penny stocks!" or "Turn pennies into thousands!". Well unfortunately those ads aren't very realistic. I know, I know, it's surprising to find something on the Internet that may not be true. Is it possible to make a lot of money with … [Read more...] about What is a Penny Stock?
When you go to buy your first stock, you may be a little confused about the terms involved. Especially the stock market order types. These are simple terms once you understand them and they may be highly beneficial to your stock portfolio. The main terms you need to know initially are the terms for stock market order types. These are the basic ways you can order a … [Read more...] about Making Sense of Stock Market Order Types
Setting realistic financial goals is what separates the successful from the unsuccessful. Goals are good for every area of life, but setting financial goals specifically is important. The process of setting goals is just as important as having them, so let's look at what it takes to set realistic and effective financial goals. Determine Your Goals Just like with any goal, a … [Read more...] about How to Set Realistic Financial Goals