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Margin Trading and Market Timing – High Risk Investing - Most people trading on their own will use a basic cash account - you deposit your cash into your brokerage account, which you then use to buy securities like stocks and bonds. For professional investors, like day traders and financial professionals, there are ways to multiply the investment amounts and returns by using more complex types of brokerage accounts and trading strategies. This includes margin accounts, which lets investors borrow money to invest, international investing,… Read More...
Personal Finance
All About Sales Tax - What Is Sales Tax? “Sales Tax” is a tax that is charged on goods sold to end customers. The Sales Tax is a set percentage of the price of the goods sold. In the United… Read More...
Wealth - Definition of Wealth “Wealth” means having an abundance of something desirable. This can be tangible, like money and property, or intangible, like good health or freedom. Intangible Wealth Just because something does not have a… Read More...
Building Wealth - There are hundreds of small tips and rules you will hear about managing your personal finances, but putting everything together into one coherent plan can be a daunting task. You have probably already heard about… Read More...
Receipts – Keeping and Tossing - When you are getting your financial records organized, it is important to keep track of your spending, and with your spending comes receipts. If you think about a typical shopping trip, it is easy to… Read More...