Trading in a Margin Account can be very risky if you don’t know exactly what you are doing! The gains can be significantly larger when trading on margin, but so can the losses. Therefore, this week in the Knowledge Corner we will cover some important basics on the topic. 1. Simply stated,
Remember when the iPod mini capacity was 1GB? Remember when 200 GB was an enormous amount of memory on a laptop? Remember how a single computer in the 60's took up an entire room? As our technology grows, the need for more efficient storage solutions increases, and these days many
Welcome to the Knowledge Center. We will be periodically adding blog posts on various topics regarding investing in order to better help you navigate the markets. Do you have a specific question? Feel free to ask us on SprinkleBit! This week, we will be covering some basics about Dividends. So lets
It always exciting too see beloved companies comeback after a harsh quarter. This is really the case of Netflix ($NFLX). There has been a lot of talk about them during the last week in the SprinkleBit community, resulting in several long positions. Well, those savvy investors can now smile all the
With Christmas just around the corner, you may need to get some serious shopping done. Hopefully, with some smart investments, you have made some extra cash to spoil yourself as well as your loved ones this holiday season. Don’t know what to get? Don’t worry! I’ve got you covered with
Lately, we've been getting quite a few inquiries regarding tax harvesting, as well as the effect of transferring assets from one brokerage account to another has on your taxes. We decided to create an infograph for you guys as well as a blog post diving a little bit deeper into
As last week’s task of going beyond the simple Google search of “How to start investing” proved to be a bit easier than expected, I was slightly worried for this week’s challenge. I wondered just how much lingo I had to learn and if the information was even written in
Being smart with money has always been a hot topic in my family, and recently, my mother has been pressuring me to learn the ropes of investing. As my mother has difficulty navigating the internet never mind analyzing investment opportunities, it’s no surprise that she has been bugging me to educate myself about
There is a common misconception that you have to have a lot of time and money to be an investor. But, the truth is that anyone can invest, and do it successfully.
While not the same as investing in the stock market, purchasing bonds – as with any investment – does involve some risk. Although bonds are historically very safe investments, rule number one of investing for dummies is that it’s better to have insurance and not need it than it is
It’s another Friday, so you know what that means! Financial Tip Friday is here. This week we’re going to review how to use insurance risk management methods to analyze an investment’s risk. Stock investing can bring great rewards – but those potential rewards always come with risk. The insurance industry is