Cheat Sheet:
You’ve heard the saying, “Buy low, sell high,” right? People on Wall Street would love to be able to say, “I’ll buy this stock today because it’s going up tomorrow.” Unfortunately, that crystal ball doesn’t exist. No one can time the market, so don’t bother trying!
Cheat Sheet:
When a company is young, its owners are usually a small group of people that have a connection to the company (founders, employees, and investors). The company’s stock is “privately held.” Most companies stay that way, but some grow to the point where they sell shares in the company to the general public. This is called an IPO, or initial public offering.
Cheat Sheet:
When you buy stock on the stock market, you aren’t buying it from the company – you’re buying it from an existing shareholder. Likewise, when you sell your shares, you’re not selling them back to the company – you’re selling them to some other investor.
Cheat Sheet:
Very simply, stock prices go up and down due to supply and demand. But what exactly causes changes in supply and demand? Here are a few of the things that may lead to a stock going up or down:
As a licensed fractional shares brokerage, we’re delighted to help you transition from Loyal3 so you can continue investing for your future without missing a beat.
Continue reading “Transferring stock from Loyal3 to Stockpile”
With Stockpile, you can buy fractional shares of stock in publicly-traded companies. Rather than buying an entire share of stock, you can get just the amount you want in your favorite company.
You can pick from more than a thousand stocks including Amazon, Tesla, Apple, Nike and Disney. Stockpile also offers ETFs for Gold, NASDAQ, S&P500 and more.
See the video below on how you can get started with Stockpile:
With Stockpile, you can buy fractional shares of stock in publicly-traded companies. Rather than buying an entire share of stock, you can get just the amount you want.
Many successful investors recommend investing in companies you know: What products or services do you use and love? Where do you shop or play?
Start by learning about the company. You can find lots of information on the company’s website and in news articles. More detailed financial information is available on the Stockpile website or mobile app, on sites like Google Finance, or in the Investor Relations section of the company’s website.
Investing in the stock market is a way to create wealth — for college, a house, retirement, a cast iron camel collection.
