Where Does The Money Go When You Buy A Stock?

When you buy a stock, it seems like your money disappears into the ether and you are left with some stocks in a company. Similarly, when you sell a stock, you just click “sell” and all of a sudden you have money in your brokerage account. Where does that money actually go? Where does that money come from? Here’s the short answer: the money is exchanged between buyers and sellers with your broker acting as …

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Why Is It Important To Save Money At A Young Age?

When it comes to saving money, a lot of youngsters think of saving as something for older people who want to retire. They think they have so much time to enjoy themselves before they need to worry about that stuff.  Retirement seems so far away that it almost seems like it’s never going to happen. So why bother putting away 20% of your paycheck for something that’s a distant dream when you can instead take …

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What To Do If Someone Is Not Giving Your Money Back

Got a friend who owes you money that always seems to “forget” to pay you back? It happens.  If you’re anything like me, you’re probably starting to get frustrated about this. You so generously extended your grace toward this person and now they’re turning their back on you when it’s pretty obvious they have the means to pay you back. So what are you supposed to do? Here’s the short answer: If you’ve already given …

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