Before you start, be truthful to yourself. What is your budget? We can’t talk about stock selection if you don’t even know how much you are putting aside to buy equities*. Got an amount in mind? Make sure it’s in your hands too. Right, so now we move on to the next step. Have you ever heard of diversification? In layman’s term it is “not … Continue reading How to Select Stocks?
To put it simply, interest is the cost of borrowing money. Let’s just say I want to spend $1 on a cone of ice-cream right this moment. But then, a friend of mine asked to borrow $1 from me. I only have that $1 coin and nothing else. Shall I decide to lend my coin to my friend or use it to buy my ice-cream … Continue reading What Is Interest?
What are stocks? Let’s say you really like McDonald’s and you want to be one of the many owners of The McDonald’s Corporation, you buy their stock MCD from the New York Stock Exchange (NYSE). Remember how you received a certificate when you graduated from kindergarten, which was proof you finished all your lessons? Well, when you buy stock from McDonald’s, they give you what … Continue reading Teaching Kids About Stocks In Investment {With Printable}
