Charlotte Allen
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  • Joined: 30-Dec-2022

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Answered by Charlotte Allen

  • Answered by Charlotte Allen
  • 1 year ago

Are there any risks associated with investing in ASX dividend stocks?

Yes, there are risks involved. Some common risks include fluctuations in stock prices, economic downturns affecting the company's profitability and ability to pay dividends, changes in dividend policies, and sector-specific risks. It's important to conduct thorough research, diversify your portfolio, and assess the financial health of companies before investing.

  • Answered by Charlotte Allen
  • 1 year ago

How does cryptocurrency work?

Cryptocurrency works through a decentralized network of computers that verify and record transactions in a public ledger called the blockchain. Transactions are secured using cryptographic techniques, and new coins are created through a process called mining.

  • Answered by Charlotte Allen
  • 1 year ago

What are penny stocks?

A penny stock typically refers to the stock of a small company that trades for less than $5 per share. 

  • Answered by Charlotte Allen
  • 1 year ago

How much money do I need to start day trading?

To start day trading, there is no specific minimum amount of money required. The required capital can vary based on individual goals, trading strategies, and the markets being traded. However, it is important to note that day trading involves risks, and it is recommended to have sufficient capital to manage those risks effectively.