Should You Buy Penny Stocks? Why You Should Resist the Temptation!

penny stock

Many investors are drawn to buy penny stocks because they believe they can obtain a sizable gain on their investment. Therefore, the term, penny stock, is often synonymous with a micro-cap stock. Micro-cap stocks have a market capitalization which is the total market value of a company’s shares that are outstanding of $50 million to $300 million. Companies with market capitalizations of $50 million or less are hazardous and are classified as nano caps. Cap is short for capitalization. Some investors are drawn to the idea of quick, sizable profits when they invest in penny stocks. After all, it is pretty tempting to think that you can buy 50,000 shares with only a $500 investment. But, regardless of how small … Read more

Why Do Companies Carry So Much Cash On Their Balance Sheets?

A balance sheet of a company is where records of how much money the company has, how much debt it owes, and what is the remaining amount for the stockholders. It is a financial statement that lets investors know where the company stands with its financial accounts. If you want to keep track of how well the company you have invested in is doing and if they are in good status, you might want to check out those companies’ balance sheets. How Balance Sheets Are Constructed But if you are new to looking at these things, it is important to know something about balance sheets. The first thing you will see and notice in a balance sheet is the asset … Read more

The Best Websites for Stock Quotes for Investors and How to Find Stocks

Note – The following blog post may contain affiliate links. I earn a small commission if you click on a link on the best websites for stock quotes and purchases. Like always, all opinions are my own. Investors are always striving hard to grow their portfolio, and seeing it grow with buy and hold strategies and trading strategies is the ultimate reward. However, you may be questioning how to find the best investment strategy and best stock pickers. Finding those things will enable you to find the next top stock and high-quality trade setup. Suppose you are looking to boost your portfolio in the long term. Finding the best website for stock quotes and research can make all the difference … Read more

Understanding the Ins and Outs of 401k Retirement Plans

401k Retirement Plans

What if you were told that you could invest in a savings plan at work where each dollar you put into it is taken off the top? Or, the amount of your contribution will lower the amount you pay in yearly income tax? You need to understand the ins and outs of 401k retirement plans! Also, every dollar and cent you fund the account with will grow tax-deferred. Not only that, each of your 401k retirement plan contributions will make it possible for your employer to match those amounts as well. The Basics of a 401k Retirement Plan The 401k Retirement Plan is still the backbone of most Americans’ retirement planning, and it should be. When combined with the Roth … Read more

The Benefits Of 529 College Savings Plans For Parents and Students

The Benefits Of 529 College Savings Plans

Paying back student loans can be somewhat of a strain. Therefore, if you are just now beginning your own family, you can’t help but consider the many ways you can provide for their college education.  One of the popular ways to save for college is by making use of a 529 College Savings Plan. The state plan provides an advantageous way to save for higher education and is designed so the saver has more control of his or her money. Types of 529 College Savings Accounts A 529 college plan features regular savings and prepaid plans. Prepaid plans permit you to buy tuition credits that can be used when your child begins college. 529 College Savings Plans, on the other … Read more

Top Two Ways to Invest in the Hottest IPOs on the Market

Ways to Invest in the Hottest IPOs

The initial public offering market is finally starting to heat up again in the United States. This week three big named companies went public along with several others, and much more are set to begin offering shares within the next few months. And, of course, the talk of an eventual Facebook IPO and Twitter IPO has the internet and technology sectors of the stock market all a buzz. But, that doesn’t mean that it will be simple for the average individual investor to get in on the action, but it isn’t impossible. Two Ways To Get In On The Hottest IPOs Buy Shares In IPO Mutual Funds and ETFs Unless you are a high-value client with a high net worth, … Read more