EducationStocks

Reading Stock Tickers

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“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson Stocks are one of the greatest ways to grow your money. Stocks or shares of a company are ownership of a company. While stocks can be exciting, reading a […]

Education

Simple vs Compound Interest: What’s the Difference?

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Interest is the additional amount of money you’re paid for letting someone borrow your money (principal). There are two different types of interest: simple and compound. So, what’s the difference? Simple Interest Simple interest is as “simple” as it sounds. You can calculate simple interest with this formula: Simple interest = Principal amount x interest […]