Investing, Dividends, Financial News, and my Personal Portfolio.
This post is here to remind everyone about the tragedy that befell the United States of America on September 11th, 2001. Over 2,996 people lost their lives that day. Horrible moment in time in our countries history. However, the one good thing to happen is our country came together as one for the first time in a long time. I pray we can come together again and push this country in the right direction.
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Consistency is key when it comes to investing. Building this trait up in yourself is crucial if you want to succeed and have a nice retirement income later in life. One way to help build this up and achieve your goals would be something that is called Dollar Cost Averaging or DCA. This simply approach to investing can help you grow your portfolio without sacrificing your wallet. This term may sound confusing but I assure you it is not.
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To make it as simple as I can, the way it works is when a company pays you a dividend, and you can use that dividend to buy more shares or fractional shares if you didn’t make enough from that stock yet. Most brokerage firms have an automatic feature to do this for you. I prefer to do it manually as a dividend from one company might go towards me buying a share of a different one.
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What is Risk Tolerance? What is risk tolerance? Simply put, risk tolerance is the level of risk an investor is willing
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What is a Dividend Trap? A dividend trap is where the stock’s dividend and price decrease over time due to high
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What is compound interest? Compound interest is the interest on savings calculated on both the initial principal and the accumulated
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What is year on cost? In simple terms, year on cost refers to the total cost of an investment over
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