by Les Freeman Stockbrokers act as agents for those wishing to buy and sell shares in publicly listed companies on the stock exchange. A stockbroking firm is said to be a “member” of the stock exchange, and it is only these members that are permitted to buy and sell shares on behalf of others. Membership [...]
Christopher Hills asked: The question I get asked the most in regards to Massachusetts Mortgage Rates, is what drives them. My clients are amazed that it is not the fed. When the Fed makes a move, they can change a rate called the “Fed Funds Rate” or “Discount Rate”. These are both very short- term [...]
by Les Freeman A share is a certificate of ownership in a company. The shares of BHP, for instance, are each a tiny piece of ownership of the company BHP. If a share in BHP is purchased, the purchaser now owns a little piece of BHP. BHP, as of writing, had over 1,750,000,000 shares on [...]