What are stocks? Stocks are shares in companies that are sold to the public. When you buy a company’s stocks, you become one of its owners. If the company does well, your stocks’ value increase. If it doesn’t, your stocks’ worth plummets. Say a new company called ABC conducts an IPO (Initial Public Offering). They…
Category: Finance
Things to consider when taking out a personal loan
There are times when you find yourself in a financial fix. An instant solution that comes to mind is borrowing some money. For most people, the pressure of looking for quick cash often blinds them from realistically gauging the basics before accepting any offer. As a result, the person often ends up with a raw…