Nowadays money can no longer only be in the form of cash and bank transfers, it is referred to as cryptocurrency, a type of digital currency that uses a blockchain to secure it. Unlike well-established money managed by the governments and banks, crypto is decentralized where transactions are made directly
Think of owning even a small percentage of Apple or Microsoft which is the power of stocks. Stocks are ownership in a company and entitle you to benefit and share in company revenues and profits. Stocks, shares and equity are all terms that many people mistake to describe the same thing: being a part of a firm. .
Bonds are lower-risk and lower-return investments than stocks, which makes them an essential component of a balanced investment portfolio, especially for older or more conservative investors.
