Finance / July 7, 2018 / Isabella Mccray
You know how it works. Every month you figure out the money you have coming in and the money you owe. There are your recurring bills for things like your cell phone and internet. There’s your regular spending on groceries and transportation. Then, there’s the money you spend to service your debt. That could be your mortgage, auto loan, student loans, personal loan or credit card debt.
Common stocks are one form of a piece of ownership of a corporation. They are the type of stock that most people are thinking of when they use the term "stock." Since stocks are partial ownership of a corporation, they are also known as "shares." Common stocks allow stockholders to vote on corporate issues, such as the board of directors and accepting takeover bids. Most of the time, stockholders receive one vote per share. Stockholders also receive a copy of the corporation's annual report.
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