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?
What is Bitcoin?
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?
What is a Penny Stock?
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?
What is an ETF?
An ETF (Exchange-Traded Fund) is a fairly new invention and they are getting very popular. An ETF is similar to an index fund. It tracks a particular index like an index fund, but it is traded like a stock. This means that an ETF has a ticker symbol and you can buy it by the share. Exchange Traded Funds can also track commodities such as gold and silver. This is a great way … [Read more...] about What is an ETF?
What is a Bond?
A bond is a form of investment. Simply put, a bond is debt. When you buy a bond you are basically offering a loan to a company or government, and the entity that you borrow from is then in debt to you; unlike a stock where you own a share (or a piece) of a company, with a bond you are just loaning the money for a certain amount of time. Note: This article is for the … [Read more...] about What is a Bond?