Black WallStreeter FAQ’s & Glossary

What is an Investment Club?

An investment club is a group of individuals who meet for the purpose of pooling money and investing; members typically meet on a periodic basis to make investment decisions as a group through a voting process and recording of minutes, or gather information and perform investment transactions outside the group.

What is a Stock?

A stock is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings. There are two main types of stock: common and preferred. Common stock usually entitles the owner to vote at shareholders' meetings and to receive dividends.

What is a Mutual Fund?

A mutual fund is an investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers, who allocate the fund's investments and attempt to produce capital gains and/or income for the fund's investors.

What is an ETF?

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

What is a Bond?

A bond is a fixed income investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities. Owners of bonds are debt-holders, or creditors, of the issuer.

What’s the difference between Black Wallstreeter and Junior Wallstreeter?

The Black Wallstreeter is a financial consulting firm that functions to offer products and services to help those in need of services. Junior Wallstreeter is a non profit organization started by the Black Wallstreeter to offer camps and educational services targeted for youth. Donations towards Junior Wallstreeter are tax deductible.

Can I attend camps with my child?

Camps are designed for youth and managed my our trained educators. We will be offering camp sessions in the future tailored specific for adults.

Do Junior Wallstreeter camps offer scholarships?

Camp scholarships are occasionally offered and are available on an as need basis. If you are interested in sponsoring a registration for a camper, please email us today.

My package has yet to arrive. What should I do?

The Black Wallstreeter apologizes for the inconvenience. Please email us letting us know that your package is still traveling. We will track it using the provided tracking details and attempt to contact the shipping service for an update.