Always Be Curious: The Onu ABCs

A single stock, also called a share, is a piece of a company that you can purchase and own. When you invest, you buy a part of the company and give them money to build and grow.

Investing is long-term preparation for a better future. The earlier you start, the more time your money has to mature. It's like a tree in that it takes time to grow big and strong enough to produce healthy fruit.

Today, we’re excited to announce that you can now gift and hold cryptocurrency investments on Onu. To begin, we support twenty-two cryptocurrencies, including Bitcoin and Ethereum.

An investment is like a seed. You plant it and over time it grows roots, gets taller, and produces fruit. Starting early gives you more time to reap the rewards of your investment.

A dividend is a form of payment from the companies you invest in. These payments are sometimes made every three months (quarterly) in cash.

A portfolio is a window into your investments. You can see every asset in one spot so that it is really easy to track – like a toy chest.

An ETF is a way to easily invest in multiple companies at once. You pay a small fee to a company that monitors the performance of the ETF and researches the industry or region the ETF is focused on.

Diversification is like putting your eggs in different baskets. It ensures that if something bad happens to the eggs in one of your baskets, you still have eggs in others that could be safe. 

A brokerage account is an investment account where you can deposit money to buy stocks, bonds, mutual funds, and ETFs. Your brokerage account will keep track of your gains, losses, dividends, and more!

A bond is like an "I owe you" (IOU) from a company or government that can be traded on the market. When a company needs money, it can sell bonds to people like you and me

Understanding the ins and outs of custodial accounts is important. Who makes decisions? When does owner transfer? Let's dive in.

A 529 plan is a tax-advantage plan that is started specifically to pay for education expenses. Similar to a custodial account, an adult can start a 529 plan for a child and save in it.

A mutual fund is a portfolio of stocks, bonds, and other investments managed by financial professionals. It allows investors to buy into many different companies with a single purchase.

A custodial account is an investment or savings account started by an adult and kept safe for a child until they become adults. Starting one early gives any investments more time to mature.

The custodial account's income can be taxed differently at different stages of the child's life. Tax rates also depend on the account's growth. You should always ask your tax advisor for details if you want more clarity.

When it comes to choosing what stocks or shares to buy, you might find yourself feeling overwhelmed. How do you determine growth over time?

When it comes to investing, there’s a lot of information floating around about what to expect. We’re told to be patient, be cautious, and diversify our shares. And then there’s the starting point. When should we dive in?

Since kids have a long time before they need to access their own money, you can tap into the power of compound interest earlier (and potentially earn a lot more in the long-term)

The wealth-generating potential of the stock market is an essential tool to help create financial security for your children.