With the average life expectancy increasing every year it has become more difficult for a retiree to live solely off social security. A wise retiree would never depend only on social security. Instead, they will supplement their lifestyle with other sources of income, or have setup an Individual Retirement Account in the past.
An Individual Retirement […]

Once you have chosen your online broker and have placed your very first trade, you may or may not have noticed that your broker offers different types of orders (market, stop loss, limit). A limit order is a special order that will only be triggered when the price of a stock reaches a specified […]

If you know the most common mistakes and bad habits that are picked up in the world of investing, it is possible to avoid them.

1. “Hot Tips”
The first rule to investing is to make your own educated decisions based on the given information. Do not rely on other people or analysts to arrive at […]

Simply put, people invest their money in order to make more. There are many good investment opportunities that arise everyday, but like anything, there are also bad investment opportunities.
Before jumping into the stock market, consider:
1. How much capital is available to invest…
Believe it or not, many people make the mistake of going “all-in” by cleaning […]

With the volatile swings of today’s market, it is very possible to lose much more than you bargained for. Although your maximum loss should be pre-determined before you even enter a position (buy stock), these losses can very easily get out of hand. This is where a stop loss order (A.K.A “stop order” and “stop […]

Believe it or not, this is a question that many people don’t know the answer to.
After a little research you will find that it is very possible to buy a single share of stock.
Why would you want to buy only one share of stock?
There are many reasons why people want to buy one share of […]

Full Service or Discount Broker
The first step in choosing your stock broker is to choose whether you need a full service broker or not. A full service broker can provide many additional features as opposed to a discount broker, but you will also pay for it. You will need to determine whether or not you […]