In that case, you can end up with a nice dividend and the ability to sell the stock for more than you paid for it.īut if you’re more interested in long-term returns, you’ll probably want to get an ETF or mutual fund and hold onto it.ĭisclaimer: The information featured in this article is based on our best estimates of pricing, package details, contract stipulations, and service available at the time of writing. The answers to all these questions will depend on things like your risk tolerance, how much money you want to invest, and whether you’re trying to get short-term returns (riskier) or long-term returns (safer).įor example, if you’re trying for short-term returns, you might want to stick to preferred stocks in the hopes that your company of choice does well. In other words, you’ve got a lot to figure out if you want to be an investor.
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