Stocks – When trading stocks, when you are about to enter a trade rather buy, sell, or short stocks, a list of different types of orders comes up. Before we go on you have to understand what a Bid and Ask (offer) price is. The bid price is the price the buyer is willing to...
Category: Stocks
Stocks 101? Starting from the basics
Stocks 101 – What are stocks? Stocks 101: Stocks also referred to as shares or equities, are part or partial ownership of a particular company or corporation. It is bought and sold through a broker (TD Ameritrade, Schwab, Robinhood, etc). You can also buy stocks directly from the company called “Direct Investment Plans” which is...
Marijuana stock pick for a Biden Presidency
Marijuana stock Marijuana Stock: As Biden prepares to come into office we should see the decriminalization of cannabis at the federal level and state-wide legalization. With several states already legalizing cannabis and operations of growing and selling increase keep an eye on Marijuana stocks like Greenthumb industries (OTCM: GTBIF). Headquarters being in Chicago IL, it...
Investing for Beginners: The various ways to make your money grow
Investing for beginners: Making your money work the safe way Savings account = collecting between 0.01%-0.06%APY Some high yield savings accounts go up to 2%APY Money Market account = collecting between 0.5%-2%APY CD = collecting between 0.5%-2.5% T-bills = short term, collecting between 0.1%-2.6%APY Bonds = fixed income security. Loan to the borrower. * Understanding...