Howdy Wall St. Willy! I heard my parents talking about a Brokerage Account. But what is a brokerage account anyway? A brokerage account is an account that you use to make investments like buying or selling stocks, bonds, mutual funds, ETFs and many more. Well, where does the money to buy stocks or ETFs or …
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Howdy Wall St. Willy! Sometime ago we talked about mutual funds and I heard something about an index fund. So, what is an index fund anyway? An index fund is a mutual fund whose portfolio is built to match the constituents of a stock market index. What do you mean? Each index fund is based …
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Howdy Wall St. Willy! I read about a stock exchange in the newspaper. But what is a stock exchange anyway? Well, a stock exchange is a place where stocks and other kinds of securities are traded, which means they are bought and sold. Can a bond be bought and sold in a stock exchange? Yes, …
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Howdy Wall St. Willy! In an ad on TV, I heard about an Actively Managed Fund. But what is an actively managed fund anyway? Actively managed funds are Mutual Funds in which the investment is made by a fund manager based on their judgement after looking closely at the investment options and performing a detailed …
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Howdy Wall Street Willy. I have a really big question for you. What is an ETF? Well, an ETF is basically an Exchange Traded Fund, which pools money it gets from investors, and invests collectively. Do they only invest in stocks? No, they can invest in stocks, bonds, and other securities like mutual funds. Why …
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MFs vs ETFs Comparison for Kids and Teens This video evaluates mutual funds vs exchange traded funds in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about MFs vs ETFs, or used as a money & personal finance resource by parents and teachers as part …
Read MoreComparison: MFs vs ETFs – Mutual Funds vs Exchange Traded Funds for Kids & Teens
What is check cashing? Check cashing is a service through which you can get money from the checks given to you, even if you don’t have a bank account. Check cashing services can also provide short-term loans, sell prepaid cards, etc. Where is check cashing done? There are many physical locations where you can …
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Introduction to Mutual Funds for Kids and Teens This video explains the concept of mutual funds in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about MFs, or used as a money & personal finance resource by parents and teachers as part of a Financial …
Read MoreWhat are Mutual Funds (MFs)? A Simple Explanation for Kids, Teens and Beginners
Introduction to Stocks for Kids and Teens This video explains the concept of stocks in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about investing in stocks, or used as a money & personal finance resource by parents and teachers as part of a Financial …
Read MoreWhat are Stocks? A Simple Explanation for Kids’ Financial Literacy
