Variety Really is the Spice of Life: 8 Different Types of Investments
Are you concerned about your financial future? Do you need to put your kids through college a few years down the road? Do you want to retire while you can still do more than rock in a chair? Do you want to ensure your posterity the financial advantages that you lacked while growing up? Do you want to live a reasonably comfortable retirement without a lot of financial worries?
Most people do find themselves in some such situation, and many folks really have no idea how to go about investing their hard-earned money, or even the different types of investments that are available. If your idea of investing involves a piggy-shaped ceramic jar or them underside of a mattress, fear not. You have information about the different types of investments available right at your fingertips.
1. Stocks: When you buy stock, you buy a piece of the company and any rights that go along with partial ownership. The way to make a profit with stocks is to buy low and sell high or to receive stock dividends. Stocks can be quite risky.
2. Bonds: When you invest in bonds, you are actually lending money,...
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