This is a tricky topic to talk about. So please read the caveat at the bottom of this post! The wealthiest people in the world have, on average, made their fortunes on ONE stock... and that is …
What is "Diversification"? There is more to it than you might think!
Diversification basically means not putting all your eggs in one basket. If you hold only one stock and that company went bankrupt, then you would have lost all your money. If you hold two stocks and …
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How do banks make money on Savings Accounts?
You've all seen the adds for the "no fee" savings accounts being offered at various institutions. Have you ever wondered how the banks make money on those accounts? To really simplify it, it is …
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