Tag: Basics
What is a 401k Account? How it works, Pros and Cons
Can you tell me about a 401k? A 401k is a tax deferred account offered by employers as a part of their benefits package, through which you can invest money for your retirement. Since these are offered by employers, you …
What is a Student Loan?
What is a Student Loan? A student loan is a loan that you can take to pay for your college education. With the cost of college education skyrocketing, student loans help people pursue their higher education dreams even if they …
What is an IPO or Initial Public Offering?
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 …
7 Reasons ALL Kids Must Learn Personal Finance
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 …
Comparison: Actively Managed Funds vs Passively Managed Funds
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 …
