Net Worth is your assets (what you own, like a home or a car), minus your liabilities (your debt or money that you owe someone else, like a car loan, student loan, credit card debt or a mortgage). Calculating your net worth helps you track your financial progress over time. By finding out how much …
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What is NASDAQ? NASDAQ is the 2nd largest stock exchange in the world and is focused on technology companies. It is based in New York City, and was created in 1971. NASDAQ is an acronym for the National Association of Securities Dealers Automated Quotations. What is special or unique about NASDAQ? Originally, stock exchanges had …
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Have you ever wondered how much you know about stocks and the stock market – do you think you are a pro, or do you want to learn more about it? Figure out where you stand with this short quiz. You’ll have 5 seconds to choose an answer. Remember to have a pencil and paper …
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What is investing? Investing is an action you take with your money to make it grow. There are many things you could invest your money in. Some popular options for investing are stocks, bonds, and real estate, all of which help your money grow. When you put your money in these avenues they become your …
I think Actively Managed Mutual Funds are Horrible. There are many reasons for this, and this article will discuss a few important ones. Now, I know you may not agree with me about this, but hear me out, because there are alternatives to these investment funds that many people prefer – and who knows, maybe …
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What is a loan? A loan is money that you borrow from someone for a specific purpose or an unforeseen event with a promise to pay back. When you borrow the money, you incur a debt and have to pay the money back to the lender over time, and a little extra money – called …
What is the S&P 500? The S&P 500 is one of the most popular stock indexes in the world. It was created in 1957 by the company Standard and Poor’s – or S&P – which is how it got its name. The S&P 500 is a way to measure the performance of the stock market …
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Some people think you need a lot of money to invest. You need a good salary, a financial advisor, and hundreds or even thousands of dollars just to start investing. Let me tell you something: They’re wrong. What they say may have once been the case: Where you need a ton of money just to …
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What is the Dow Jones Industrial Average? The Dow Jones Industrial Average – or the Dow – is one of the most popular stock indexes in the world. It was created in 1896 by Charles Dow and Edward Jones. It is a way to measure the stock market as a whole by looking at a …
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What is a currency exchange? A currency exchange is a place where you can exchange one currency for another. For example, you could visit a currency exchange to exchange US dollars for Euros. Why would I use a currency exchange? When you’re traveling, you may be visiting a country whose local currency may be different …
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