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 …
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 …
Introduction to a Bank Account for Kids and Teens This video explains the concept of a bank account in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about bank accounts, or used as a money & personal finance resource by parents and teachers as part …
If I want to invest in stocks, should I invest directly in individual stocks, or use equity mutual funds instead? And what factors should I consider when making my choice? The biggest factor to consider is diversification. If you invest directly in stocks, you would invest in 5, 10, maybe 20 individual stocks at most. …
Part 1: What is a 401k Account, Contribution Limits, Advantages and Disadvantages Part 2: 401k Account Employer Match / Contribution and Vesting Schedule Introduction to 401k Account for Kids and Teens This video explains the concept of a 401k Account in a simple, concise way for kids and beginners. It could be used by kids …
Introduction to Student Loans for Kids and Teens This video explains the concept of a student loan in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about student loans, or used as a money & personal finance resource by parents and teachers as part of …
What is an IPO? An IPO, or Initial Public Offering, is a process through which a private company hires an investment bank to sell its stock to the general public for the first time. After an IPO, the stock gets listed on a stock exchange so that it can be bought and sold like any …
Personal Finance Education and Financial Literacy for Kids & Teens is Critical – Here’s Why Did you know? 50% of American households live paycheck to paycheck 44% of Americans don’t have enough cash to cover a $400 emergency expense The average American household’s credit card debt is $5,700 A third of Americans have saved nothing …
Introduction to Banker’s or Cashier’s Check for Kids and Teens This video explains the concept of Cashier’s Check in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about banker’s check, or used as a money & personal finance resource by parents and teachers as part …
Howdy Wall St. Willy! Sometime ago we talked about Actively Managed Funds and Passively Managed Funds. But can you tell me some of the differences between them? The main difference between actively managed funds and passively managed funds is their investment philosophy. Which means that the actively managed funds believe that getting returns better than …
