Lately the one stock making headlines both for and against investing has been Bitcoin. So, let’s take a good look at what Bitcoin is and whether it is good to invest in a stock like this one.
When people talk about investing in stocks the first thing that comes to mind is commodities, like corn, wheat, etc. Bitcoin is a very different stock altogether. Bitcoin is a cryptocurrency, which means that it is digital money. This stocks trades 24 hours a day. It keeps trading after market closes before market opens, it does not matter. It began in 2009 by a man called Satoshi Nakamoto who has been very mysterious.
Rainy Day Funds – Financial Commentary
How many times have you heard of saving for a rainy day? The real question is how many people are actually saving. According to a recent poll, most people currently employed only have $1,000.00 in their savings accounts for a rainy day. It is recommended to have at least three months of expenses in the savings account. If most people can afford $1,000 and it is recommended to have at least three months of expenses, let’s explore ways of how to turn the $1000.00 into the 3months of expenses.