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Showing posts from October, 2024
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  What Are Stocks and ETFs? Stocks : Shares of ownership in a company. When you buy stocks, you’re investing in the potential growth and profits of that company. ETFs : An Exchange-traded fund, is a collection of securities that can be bought and sold on an exchange throughout the trading day, providing instant diversification. How Credit Cards Work in Investments Using a credit card to invest in stocks and ETFs often involves a third-party service that allows you to fund your brokerage account with your credit card. However, it's essential to understand the implications of  investing with credit cards . I will share some of my personal tips and methods to bypass all of the cons listed below. The Pros of Investing with Credit Cards Access to Capital : If you have a credit limit, you can quickly access funds for investment opportunities without liquidating other assets. Rewards Points : Some credit cards offer rewards for purchases, including cash back or travel points....