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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
8 / 1996 |
Essay's paper body
There is no real get rich quick scheme in the stock market and when consumers lose money it is because the problem lies with the consumer's lack of knowledge of what types of stock are available. Too often investors think about common stock because that is what they are used to seeing and hearing about on a daily basis...
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Common stocks give shareholders a right to dividends and even allow them to vote on issues that could greatly affect the company. Dividends however are paid at the discretion of the board of directors. Preferred stock however is different from common stock due to the fact that preferred stock owners cannot vote on issues regarding an organizations management and unlike common stock holders they receive a fixed dividend...
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