I was recently looking up statistics on stock ownership broken down by subgroup (income level, education, age, race/ethnicity, gender, and political party affiliation), and I was surprised to discover that while around 60% of both Democrats and Republicans own stocks (61% and 65%, respectively), only 53% of Independents invest in the stock market. This is … Continue reading Why Do Fewer Independents Own Stocks Than Democrats and Republicans?
What is a stock? A stock is a financial instrument, or monetary contract, denoting partial ownership of a corporation. A unit of stock is called a share. A company issues shares when it divides ownership among investors or employees. Both public and private companies may issue shares, but they are traded and valued differently. The … Continue reading Stocks: Answers To Common Questions
Ever since we started this blog, I have been tirelessly promoting the importance of wealth management at an early age among our friend circle. However, whenever I mentioned the stock market to my immigrant friends, I often received an interesting reaction--they either assume that investing can wait till they are more established or profess complete … Continue reading How Do Immigrants Invest? The Financial Decisions of Immigrant Households
I keep hearing people say that putting money into the stock market now, when it's hitting new highs practically every day, is a bad idea, and that you should instead wait for the next dip or crash to invest. This seems sensible on its face. Why buy overvalued stocks now when you could theoretically buy … Continue reading Should You Wait To Buy The Dip? Why This Strategy May Cost You
When I was in my early 20s, I thought the stock market was out of reach for me. I heard news anchors announcing the Dow and Nasdaq indexes on the radio day in and day out, but never had it occurred to me that I should invest in it myself. I was a graduate student … Continue reading Why You Should Start Investing in the Stock Market in Your Twenties