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What happens to stocks when a company goes bankrupt?

Have you ever wondered what happens to stocks when a company goes bankrupt? It's every investor's worst nightmare. While you can cling to hope if a still-functional company's stock falls sharply, bankruptcy means things are hopeless, right? Well, not exactly. Keep reading as I explain what happens to a stock when the underlying company goes under.

Old money vs. new money: 6 lessons you can use

While we often look at wealth in terms of haves and have nots, there's more nuance than that. In particular, discussions of old money vs. new money reveal wealth's complexities. Keep reading as I dive into this comparison and explain how the differences between old money and new money can influence your financial planning for the better.