On September 15, 2008, the fourth largest investment bank in the United States declared bankruptcy. Lehman Brothers, founded in 1850, was en route to its demise. Due to its risky investments in subprime mortgages, the company could no longer sustain itself. This behemoth firm, which had over $600 billion in assets AND over $600 billion…

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In Part 1, I discussed the “why” behind investing and addressed some of the fears that come with investing. I will continue this discussion by going into the basics of the stock market. “WHAT’S A STOCK?” Here is a conversation I overheard recently: Boy 1: What would you do with a million dollars? Boy 2:…

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