For those unfamiliar, stocks (equity securities) represent ownership of the issuing corporation. Bonds however represent loans to the issuer. Since municipalities (local governments) can’t be purchased, they typically issue bonds (municipal bonds) to raise money for various reasons. Most Municipal bonds have lower yields than most other bonds. The nominal yield takes into consideration the … More Taxes on Municipal Bonds
Dollar cost averaging, which is also known as a constant dollar plan works out pretty well for most investors. Basically, dollar cost averaging is investing the same dollar amount periodically (usually monthly) into the same investment (typically mutual funds). So, an investor might decide to invest $1,000 per month into Easy Peasy Wildly Erratic Aggressive … More What is Dollar Cost Averaging?
Hey, let’s face it, becoming a successful stockbroker is far from easy. But, if it was that easy, everyone would be doing it. If you happen to be one of the lucky ones who’re determined enough and have the right personality, being a stockbroker can be a very rewarding career. Securities Licenses Needed As of … More Become a Successful Stockbroker
I have long thought that candidates should be able to take their licensing exams prior to being sponsored by a firm. Fortunately, as of October, 2018, candidates can take the SIE (Securities Industry Essentials) Exam on their own before even going to look for a job. Although you still need sponsorship to take the top-off … More My thoughts on the SIE Exam
While nobody knows for certain what will happen with the stock market over the long term, near-term projections by most analysts are pretty positive. If you’ve stayed out of the stock market for the last decade or so, you’ve missed out on some significant gains. Sometimes it’s pretty difficult to decide when to jump in. … More What the future holds
Thanks for joining me! Good company in a journey makes the way seem shorter. — Izaak Walton