If you are at all interested in investing, you’ve almost certainly heard of Robinhood. The investing app is a favorite among everyday traders who congregate in online forums like Reddit’s r/WallStreetBets, and has surpassed 13 million active users since its launch in 2013…
When you shop for a big-ticket item like a refrigerator, computer or television, a retailer may offer no-interest financing with a loan or credit card. While merchants market these offers as “no interest,” the more accurate description is deferred interest. If you don’t pay off the entire balance by the end of the promotional period, you will be charged all the interest…
Stocks and mutual funds are both popular types of investments, allowing investors to build portfolios and grow their wealth. However, even though mutual funds often contain stocks, mutual funds and stocks have different traits that can appeal to various investors with different goals.
Here are the key features, as well...
Investing in stocks is a great way to build wealth by harnessing the power of growing companies. Still, it can feel daunting for beginners to take the leap to invest in stocks despite the potential long-term gains.
But how exactly do you invest in stocks? It's actually...
Are you looking to double your money? With interest rates so low, it’s hard to use a bank account to make any significant amount of money these days.
In order for investors to potentially double or even triple their money, they’ll often have to take on some risk for that potential reward…
Inflation is one of those economic terms most of us know just enough about to be afraid of. We know it erodes our money over time, and that it arrives in the form of higher prices for everyday goods and services. Inflation fears can also lead to negative reactions in the stock market, such as the selloff…
Investing with friends might seem like an intriguing concept. Instead of being the sole decision-maker, you can share financial and knowledge-based resources to come up with a compelling investment strategy that serves your collective goals.
Investing with friends may also be a way to make a substantial impact...