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. …
Read MoreComparison: Direct Investment in Stocks vs Mutual Funds – Pros and Cons
When we discussed student loans, you mentioned federal and private student loans. But what is a Federal Student Loan? Federal student loans are funded by the federal government. They have a fixed rate of interest, and their terms and conditions are set by law. Students with a financial need may even qualify for a subsidized …
Read MoreComparison: Federal Student Loans vs Private Student Loans
Howdy Wall St. Willy! We talked about Coupon and Yield of a bond separately, but what’s the difference between the two of them anyway? Coupon or coupon rate is the rate of interest paid by the bond issuer. It is expressed as a percentage of the face value or the par value of the bond. …
Read MoreComparison: Coupon Rate vs Yield for a Bond
Howdy Wall St. Willy! Sometime ago you talked to me about Index Funds and Mutual Funds, but what are some of the differences between them? Index funds are Passively Managed Funds. But when we say mutual funds, we usually refer to Actively Managed Funds. The main difference is the way they make their investments. Index …
Read MoreComparison: Index Funds vs Mutual 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 investment philosophy. Which means that the actively managed funds believe that getting returns better than …
Read MoreComparison: Actively Managed Funds vs Passively Managed Funds
Howdy Wall St. Willy! Earlier you talked to me about a mortgage. But I want to know about the different kinds of interest on a mortgage. Can you tell me about that? Of course, I can. The different types of interest for a mortgage are mainly fixed interest or floating interest. Floating interest is also …
Read MoreComparison: Mortgage Interest Rate – Fixed vs Floating / Adjustable (ARM)
Howdy Wall St. Willy! Some time ago, on TV, I heard about an asset class. But what is an asset class anyway? An asset class is a group of assets in which you can invest your money. Everything within a specific asset class also shows similar traits. What do you mean by similar traits? And …
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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
You already told me what a checking account is and what a saving account is. But what is the difference? Well, what kind of difference do you want to learn about? How do you go about taking money out of the checking or savings account using an ATM, or moving money from the account …
Read MoreComparison: Checking Account vs Savings Account
My friend told me that his credit card is better than my debit card. But is that true? Is there even a difference? Yes, there are a couple of differences. Well then, what are they? First of all, for credit cards, you borrow the money from the bank. But with debit cards, you use …
Read MoreComparison: Credit Cards vs Debit Cards
