Pay Your Kids $12,000 to SAVE Thousands in Taxes
I'll bet you didn't know you can legally pay your kids up to $12,000 in 2022 to shave a little off your tax bill.
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What is a Penny Stock?:
A penny stock refers to a small company's shares. Penny stocks are usually considered high-risk investments due to their low price, lack of liquidity, small market capitalization and wide bid-ask spread.
What is a Small Cap Stock?:
Small cap stocks have fewer publicly-traded shares than mid or large-cap companies. As mentioned earlier, these businesses have between $300 million and $2 billion of the total dollar value of all outstanding shares—those held by investors, institutional investors, and company insiders.
What is a Growth Stock?
A growth stock is a share in a business that's shown above-average earnings and has the potential to grow faster than the overall economy. Because growth stocks tend to be relatively volatile, they are considered to contain some risk.
What is a HIGH Growth Stock?:
Growth stocks are those companies expected to grow sales and earnings at a faster rate than the market average. Since investors are paying a high price for a growth stock, based on expectation, if those expectations aren't realized growth stocks can see dramatic declines. Growth stocks typically don't pay dividends.
