Stocks are, in their prime definition, shares in the ownership and assets of a company. Although there are many types of stock, such as Preferred Stock, most often the term refers to so-called Common Stock or Common Shares that can be freely traded, usually at a Stock Exchange. Owners of common stock are shareholders in the issuing company, and therefore have voting rights.
Growth Funds – Growth Funds are aggressively managed Mutual Funds that are directed by the fund manager to invest in promising new companies and/or companies that appear to be poised for rapid growth. As there is an added risk quotient to growth funds, they are typically bought by younger investors as opposed to those nearing […]