Month: September 2021
What is Insolvency?
If you’ve got more money going out than you do coming in, it’s an unsustainable trend. Eventually, bills come due and if there’s not enough money in the bank, there’s no way to pay them. Soon, you end up accumulating more debt than you’re worth, with no means of balancing it out. It’s called insolvency, and it’s every company’s worst nightmare—because it can lead to bankruptcy.
Insolvency occurs when liabilities outweigh assets, and a company can’t pay off debt. It typically arises when companies borrow money to maintain operations, but don’t generate the necessary revenue to pay back these debts. …read more […]
Top 24 AI Penny Stocks to Grow Your Portfolio in 2021
AI penny stocks are becoming more popular as the AI market gains momentum.
Penny stocks can be rewarding by themselves. But once you add on top of that a fast-evolving, new market, it turns into a different game.
But of course, with great reward, comes great risk. If you don’t already know, penny stocks are volatile. This can be good or bad.
It could be good because the market can rise quickly and dramatically.
But that’s also what can make it bad. If it can rise quickly, it can drop just as much in the same amount of time or less.
Penny stocks are often …read more […]