Common vs. Preferred Stock Stock represents a piece of ownership in a company. Typically, they trade on a public exchange like the New York Stock Exchange or NASDAQ. There are two types of stock, common and preferred. In this article, we will go over the differences in common vs. preferred stock. Voting Rights Stock [...]
12 Estate Planning Steps to Take Before You Die While you may not have a large or complex estate it is still important to be prepared. Estate planning is the process of putting your affairs in order to help your loved ones deal smoothly with incapacity or death. In this article, we will go over [...]
Are Teen Subject to Income Taxes? Are teens subject to income taxes? It will depend on their income level and dependency status. It is important to know when they are expected to pay income taxes and how to do so. In this article, we will cover the basics of whether or not teens are [...]
IRA vs. Annuity What is the difference between an IRS vs. annuity? They both are a tax advantaged way to save for retirement. On one hand, an IRA is a vehicle that holds assets like stocks, bonds, and mutual funds. Whereas an annuity is an insurance asset designed to produce income. In this article, we [...]
Benefits of Holding Stocks for the Long Term Holding stocks for the long term means holding on to those investments for a year or more. It requires patience and disciple to do long term investing. It is proven to be a keyway to grow wealth over time. In this article, we will go over [...]
