Stock facts

The difference between stocks, bonds, and commodities

Stock: The shares of a company or corporation.
Bonds: A certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date.
Commodities: an article of trade or commerce, esp. a product as distinguished from a service.

While bonds generally promise a fixed return, earnings on commodities and stocks go up and down as determined by the free market.

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What is an IPO?

Initial public offering (IPO) — The first time a company sells stock to the public. An IPO is a type of a primary offering, which occurs whenever a company sells new stock, and differs from a secondary offering, which is the public sale of previously issued securities, usually held by insiders. Some people say IPO stands for "Immediate Profit Opportunities." More cynicIt's Probably Overpriced."

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The thirties were tough times ... building dams helped

The nineteen thirties were a challenging decade with the Great Depression and the stock market crash.

President Franklin D. Roosevelt created a plan called The New Deal a set of initiatives to build infrastructure including dams for the exploding demand for electricity while providing people with jobs.

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