What is an Ankle Biter?
In an effort to educate the next generation, we have a Raleigh local Broughton High School student, Aime, here to answer what she thinks of when questioned about the term ankle biter. The first thing Aime thought of was some sort of bug that bites your ankles.
And while it is used often to refer to young children or small dogs, in the finance world the term ankle biter refers to companies that trade for under $500 million market cap. These companies or stocks are also known as micro-cap or small-cap stocks and can be more generalized as secondary stocks.
Ankle biters can sometimes have a greater potential for growth rather than larger stocks. However, they can also be quite volatile as an investment.
To teach financial literacy and give prudent life advice while you drink a great cup of coffee.
WHY IT MATTERS
Financial literacy helps you make informed decisions when it comes to your money. Bull and Bear Brew aims to help you avoid money mistakes, one sip at a time. Just scan the code on the side of the bag or sign up to join us and “drink what makes you savvy!”
KNOWLEDGE IS POWER
By joining us, you’re fueling the future. With each coffee bag purchase, our mission continues through donations to organizations that bridge the financial literacy gap and empower the next generation.
Join us with your morning brew to learn something new.
ONE SIP AT A TIME!