Why buy stocks

Broadly, there are two categories of people that buy stocks; investors and speculators. The latter are mostly interested in buying a stock because they believe they have the skill to detect a mispricing in the stock i.e. they buy the stock at a low price and sell when it goes up. Typically, this is just …

Know Your Numbers

Every journey begins with the traveler identifying her current location and from there planning the best route to their destination. In the same vein, if you are seeking financial security, accessing your current financial situation is the starting point. This entails two things – knowing what you own and what you owe as well as …