Investing for Beginners Sitemap - Page 7 2015-02-11

Which Is Better - Real Estate or Stocks?
Do you think stocks or real estate is a better investment? Real estate and stocks are two of the most popular asset classes available to investors. Which is better? Both have unique benefits and drawbacks. It depends, in part, upon your background, skills, net worth, personality, and tax laws. Page 72.

What Is the Difference Between Saving and Investing?
The difference between saving and investing is an important one. Saving represents money that is supposed to be immediately liquid and safe. Investing is for money that is supposed to be generating more money. Knowing the difference can help lower risk. Page 75.

Can You Buy Stock Without a Broker?
Some investors prefer to hold shares of stock directly and not through a brokerage account. That way, they get their dividend checks directly, they don't have to worry about their broker going bankrupt, and they paid very low, or no, commissions. So no, you don't have to have a stock broker to invest in stock. Page 6.

Why Are Investors So Obsessed With the Time Value of Money?
Investors are obsessed with the time value of money because the longer money has to grow (

What Is Risk Arbitrage?
Risk arbitrage is a special type of operation that involves buying stock in one market and selling it in another, pocketing tiny profits from the difference between the two. These tiny gains can lead to big annual profits if managed correctly. Page 61.

What Is a Put Option?
A put option gives the buyer the right, but not the obligation, to sell his or her shares of a stock at a predetermined price. It is like an insurance policy. If the stock crashes, the put option owner can exercise his put option and avoid major losses. Page 88.

What Is an Asset Class?
Asset classes are a way to classify different types of investments. For instance, stocks are an asset class. Bonds are an asset class. Real estate is an asset class. Private business is an asset class. Page 77.

What Is an Inflation Hedge Stock?
An inflation hedge stock is stock in a business that has the power to raise prices along with inflation so that the investor isn't hurt; a company like Coca-Cola is likely going to be able to maintain the price of Coke with inflation, protecting profits. Page 78.

What Is the Dreaded Wash Sale Rule?
The wash sale rule is a special tax trap that could cause you to get in trouble with the IRS. If you sell a stock at a loss and then repurchase the shares before a 30+ day window, you cannot write the loss off your taxes! Page 70.

What is a Call Option?
A call option is a type of stock option that gives the buyer the right - but not the obligation - to buy a set amount of shares in a company at a predetermined price. The higher the stock price above the call option price, the more money the owner makes. Page 87.

Why Do Stock Prices Fluctuate?
Stock prices fluctuate because the stock market is basically an auction, like eBay, where buyers and sellers are constantly putting in the prices they are willing to pay (or receive) for their shares. This causes stock prices to move almost by the second. Page 35.

Why Don't All Stocks Pay Dividends?
Have you ever wondered why not all stocks pay dividends? Sometimes, a company has a high growth business and it can reinvest its profits at attractive rates of return (typically above 15%). When this happy situation occurs, it doesn't make sense to send money to shareholders. Instead, it should be reinvested. Page 16.

Are Stocks Just Another Form of Gambling?
Is the stock market just another way of gambling? For fools and the misguided, stocks are unique in that they can be used as a form of gambling, making Wall Street a casino. For disciplined people following a Ben Graham philosophy, stocks are merely pieces of a business and can be bought rationally. Page 51.

What Does It Mean If Stocks Are Held in a Street Name?
When a stock is held in a street name, it means that it is held through a brokerage account. The company isn't aware that you own it because the name of the stock broker will show up on its shareholder roster. Most people hold stocks in a street name. Page 7.

What Does the CFO Do?
The CFO, or Chief Financial Officer, is responsible for overseeing the financial operations of a company including the Treasurer, who handles liquidity needs (e.g., is there enough cash to pay the bills), and the accountants, who prepare the 10K. Page 43.

What Is Asset Allocation?
Asset allocation is the discipline of putting a certain percentage of your money into different asset classes so you aren't at risk of losing everything if one market (such as real estate) blows up and crashes. Asset allocation models are a great tool. Page 90.

What Is Private Equity?
Private equity is an investment in a private company that is not available to the public through a broker. If you buy stock in or loan money to a family-owned winery, for example, you would be making a private equity investment. Page 92.

What Is a Bear Market?
A bear market is generally considered to be a stock market or other financial market where prices have crashed by 20% or more. The name is thought to come from the fact that bears swipe down with their claws when attacking prey. Page 33.

What Is a Bull Market?
A bull market is a stock market or other financial market where prices rise by 20% or more. A bull market is the opposite of a bear market. The name originates from the fact that bulls attack by thrusting their prey into the air with their horns. Page 34.

What Is a Golden Parachute?
A golden parachute is a severance package given to high ranking executives that is so generous, they effectively would never have to work again because they could live off the dividends and interest of the money.

What Is a Margin Call?
A margin call happens when an investor's account value has fallen below the net worth required for a broker to continue loaning money. If the investor doesn't immediately deposit funds, the broker will sell stocks or bonds and pay back the loan. Page 50.

What Is the 10 Percent Factor?
The interesting thing about finance is that almost all assets classes (other than bonds) tend to return 10 percent on a non-leverage basis, whether it's stocks, real estate, or even rare pianos. Humans tend to consider this a

Harvard Business Review - On Top Line Growth
Growth is one of the most important things on the mind of every CEO, manager, and investor. In this edition of the Harvard Business Review, experts discuss how to safely and effectively grow your business.

10 Steps to Paying Off Credit Card Debt
One of the biggest challenges for new investors to overcome when they first decide to start building wealth and putting money away for their future is a looming mountain of credit card debt built up over several years. The good news is that you can beat your credit card debt and you can beat it in a few years or less, giving you a new start in your financial life. These 10 keys to overcoming your credit card debt are designed to give you the knowledge you need to begin the journey.

Yes, Virginia, You Too Can Be Rich - A Step-By-Step Guide for New Female Investors
Women can get rich through disciplined investing and saving, providing for their own retirement without the help of a man. This step-by-step investing tutorial will show you how women can begin the journey on the road to financial independence by starting an investing program.

Berkshire Hathaway 2006 Shareholder Meeting
My coverage of Warren Buffett and his Berkshire Hathaway 2006 shareholder meeting from Omaha Nebraska. Discusses the cocktail reception at Borsheim's, the question and answer session and the Qwest Center, and more.

How to Read a Series I Savings Bond Paper Certificate
Here is a quick explanation from the United States Treasury on how to read a Series I savings bond paper certificate. Everything you need to know about the bond, or find out about its value, is found on the face of the bond itself.

Never stop contributing to your 401k – Even in a Crisis
Always contribute to your 401k even if you are in financial trouble. It may seem counterintuitive, but there are actually three reasons that continuing your regular contributions to your retirement accounts can protect you if things get really bad.

Investing Tip - Getting Annual Reports Delivered Automatically
Holding at least one share of your stocks in stock certificate form or through direct registration will make it easier to receive annual reports and proxy statement information in the mail.

Do Not Despise the Day of Small Beginnings
Feel discouraged about investing small amounts? This short story about the success of Coca-Cola common stock should lift your spirits.

Successful Investing is Not Sexy - In Fact, Successful Investing Is Boring
In the world of investing, most of the great gains are made in boring companies or index funds that aren't sexy. That means things like water utilities, power plants, banks, insurance, candy, chocolates. It all comes down to the price you pay for the asset and your focus on low costs and sufficient diversification.

Giving to Charity? You Might Want to Consider Donating Your Stocks - Possible Tax Benefits Could Mean More Money to Charity and Less Taxes for You
Donating stocks and other marketable securities to your favorite charities could mean more money for the charitable organization and a bigger tax write-off for you and your family. To find information about why donating appreciated securities might possibly be useful or preferable, take a moment to read this quick tip.

What Is a Brokerage Trade Confirmation
A trade confirmation, also known as a brokerage trade confirmation, is a document supplied by your broker or brokerage firm that shows which securities you bought or sold, the total cost, commissions, exchange processing fees, and other information. It allows you to track the settlement date and more.

When Searching for Dividend Paying Stocks, Dividend Yield Isn't All That Matters
If you invest for income, the dividend yield isn't all that matters. General Motors, for example, has announced that it will cut its annual dividend by more than fifty percent.

Lowering Your Estate Tax through Gifts
This article offers tips for lowering your estate tax and gift tax bite through annual and one-time gifts.

E-Trade to Roll Out Global Trading Platform
E-Trade Financial plans to roll out a new global trading platform that will let investors buy and sell stocks in seven different countries with account balances denominated in the foreign currency. These global trading accounts will also have the ability to hedge back to the U.S. dollar.

Capital Gains Tax Guide for Investors
Capital gains taxes on investments such as stocks, bonds, mutual funds, real estate, and other assets varies based upon the capital gains tax rate bracket you are in and the length of time you have held an investment. This guide to capital gains taxes and the capital gains tax rates will help you do a quick back-of-the-envelope calculation of what you may owe the IRS when it comes time to pay the tax on your investment profits.

Some Good Advice from Berkshire Hathaway's Charlie Munger and Warren Buffett
Buy and hold investing is incredibly important because it allows you to make money from the underlying business, not just trading pieces of paper in the stock market. Charlie Munger and Warren Buffett have both talked about the importance of buy and hold investing in their various speeches, letters, and talks.

Share Repurchase Plans Aren’t Enough
Sometimes, a share repurchase plan isn't enough. There are three tips to help you watch out for limitations on share repurchases.

Investing Tip #10 - Know Financial History
Financial history can save you a lot of pain when you are investing your portfolio. All bull markets may feel different at the time, but in retrospect it becomes clear that throughout financial history, bull markets are the same.

Investing Tip #11 - Always Reinvest Your Dividends!
Reinvested dividends can add up to enormous wealth when given enough time to compound. That's why an investor should almost always reinvest his dividends to buy more shares of excellent businesses.

Investing Tip #12 - A Great Business Is Not Always a Great Investment
Although a great business is something every investor should want, it does not always make a great stock or investment for several reasons.

Investing Tip #13 - If You Can't Beat 'Em, Join 'Em and Investing in an Index Fund
Don't know the difference between the Dow Jones and a doughnut? An index fund may be the best investment option for you. Discover the advantages of index funds and how they can make sense for your portfolio.

Investing Tip #2 - Tax Considerations Should Play a Role in Your Investments
Capital gains tax management should play a role in your investment portfolio. These tips can help you think about investment taxes and how they should influence your positions.

Investing Tip #4 - You Don't Need to Have an Opinion on Every Stock
Investors often mistakenly believe they need to have an opinion on every stock. Successful investors, on the other hand, know that it just simply isn't necessary to have an opinion on every stock because they are looking for what Warren Buffett calls fat pitches - perfect opportunities they understand and are priced attractively.

Investing Tip #5 - Know Every Company
When asked what advice he would give a young investor trying to enter the business today, Warren Buffett (remember, this is the man that had you invested $10,000 in his partnership in 1956 you would now have around $259 million) said that he would systematically get to know as many businesses as he could because that bank of knowledge would serve as a tremendous asset and competitive advantage.

Investing Tip #6 - Focus on Return on Inventories and the Plant Account
The return on average inventory and property plant and equipment is a good test of a company's return on capital.

Investing Tip #7 - Look for Shareholder Friendly Management
Investors should look for shareholder friendly management that treats their capital like their own. Shareholder friendly managements often exhibit certain behavior that shows they have the best interest of minority shareholders in mind.

Investing Tip #8 - Stick to Stocks within Your “Circle of Competence”
In investing, as in life, success is just as much about avoiding mistakes as it is about making intelligent decisions. You must stick to your circle of competence.

Investing Tip #9 - If You Don’t Know What You’re Doing, Diversify!
In the words of famed economist John Maynard Keynes, diversification is insurance against ignorance. If you don't know what you are doing or have a limited financial background, you need to diversify your portfolio.

Real World Investing - Calculating a Stock's True P/E Ratio
How can you tell when a high price to earnings ratio isn't as high as it looks? The price to earnings ratio is important because it tells you how much you are paying for each dollar of earnings.

To Beat the Market, View it as a Stock
One way to beat the market is to view and analyze the S&P 500 and Dow Jones as individual stocks. This technique allows you to analyze the economics, valuation, and characteristics of each hopefully bettering your chance of beating the market.

Take a Breath and Remain Calm - Some Encouraging Words for Today's Volatile Stock Markets
The stock market has been very volatile in recent months but this can represent a great opportunity for disciplined investors to dollar cost average into their favorite blue chip stocks.

When the Financial Media Gets It Wrong
Sometimes, the financial media just doesn't understand share repurchase programs. They constantly question the source the growth originates yet profit is profit.

Ticker Spy - New Investment Service Ticker Spy Lets You See Holdings of Great Investors
There is a new investment service called Ticker Spy that allows you to see the investment holdings of great investors that are required to disclose their holdings to the Securities and Exchange Commission. The Ticker Spy service gets that data and puts it into a format that you can understand and search through in a few seconds.

Want to Invest and Get Seriously Rich? Find the Right Employer!
Did you know that some employers will actually pay huge bonuses to employees at the end of the year for them to build their retirement accounts? Firms that offer such programs can sometimes pay working dividends of up to 15 percent or more of base salary into profit sharing plans or 401k plans, just to name two examples, on top of other contributions the workers may have made.

Government National Mortgage Association - Ginnie Mae
Ginnie Mae is an entity completely owned by the United States Government. A part of the Department of Housing and Urban Development, Ginnie Mae purchases mortgages from approved lending institutions, analyzes them, and then sells them to investors. These mortgages are guaranteed and backed by the United States Government.

Parallel Shift in the Yield Curve
A Parallel Shift in the Yield Curve is a phenomenon that occurs when the interest rate on all maturities increases or decreases by the same number of basis points. See also Non-Parallel Shift in the Yield Curve. It generally signals a change in economic conditions.

Participating Convertible Preferred Stock
Participating Convertible Preferred Stock is a class of preferred stock which is entitled to an additional dividend in addition to the regular dividend, whenever the dividend on the common stock exceeds a certain amount or yield.

SEC (Securities and Exchange Commission)
The Securities and Exchange Commission (normally called the SEC for short), is the chief regulating body in the securities industry. Its primary function is to protect investors by preventing and prosecuting fraud, insider trading, and other deceptive and fraudulent practices in the stock market.

Triple A Bond Rating - AAA
The phrase Triple A, or AAA, refers to the highest rating awarded by various bond agencies for a specific bond. It indicates that an investment is extremely safe and there is very little risk of default. At any given time, there are very few AAA companies in the world and having a rating this high allows a company to borrow money and raise capital at rates just above the safest world governments, providing a huge competitive advantage.

Daniel Sorid - Bio of Daniel Sorid
Daniel Sorid - Bio of Daniel Sorid

David Fisher - Bio of David Fisher
David Fisher - Bio of David Fisher

Building a Stock Position by Writing Put Options
An investor can write put options to build a stock position. By utilizing put options, he can lower his cost basis, potentially maximizing long-term returns.

Where Did the Term Blue Chip Originate
The term blue chip for blue chip stocks originated from poker.

Traditional IRA
Traditional individual retirement accounts, or traditional IRA for short, is a type of investment account which allows money to grow tax-free until the account owner turns 59 1/2. This FAQ explains the benefits and drawbacks of a traditional IRA.

What is the Dow Jones Industrial Average
The Dow Jones Industrial Average DJIA investing index benchmark investing beginners

Roth IRA
The Roth IRA was created when Congress passed the Taxpayer Relief Act of 1997. A Roth IRA allows investors who do not exceed a specific income levels to contribute a limited amount of money toward retirement annually.

Estate Tax Rate and Limits
The estate tax rate and estate tax rate exemptions applied to the assets passed onto your heirs depends upon the year in which you pass away.

The Generation Skipping Tax
The generation skipping tax is an additional tax on top of the estate tax that is meant to prevent the wealthy from passing on large fortunes directly to third generations.

Calculating Estate Tax Liability
When calculating your estate tax liability based upon your gross estate, you must include stocks, bonds, mutual funds, real estate, collectibles, automobiles, and more. This quick tip will show you what is included in the calculation of your gross estate.

Lower Estate Tax Through the Use of Qualified Terminable Interest Property, or QTIP
A QTIP allows you to take advantage of the marital spouse estate tax deduction while ensuring that your children or other designated beneficiaries eventually receive an inheritance. Discover how to lower your estate tax with a QTIP in this helpful article.

Retirement Planning
Sooner or later, the wiser among us will have pushed retirement planning to the front of our priorities. If we're blessed to live long enough, retirement planning is incredibly important to ensure that our golden years are spent enjoying the things that make our life meaningful, not just trying to subsist.

What is an Accredited Investor
According to Rule 501 of Regulation D, an accredited investor is defined as a wealthy individual with a net worth in excess of $1 million or annual earnings in excess of $200,000. An accredited investor can invest in stocks and other assets that are not available to small investors.

What is a Tracking Stock?
A tracking stock is a special type of stock used to track an operating division or segment. Find out about the pros and cons of owning tracking stock in your portfolio in this investing for beginners article.

Series EE Savings Bonds Photo Gallery
Pictures of Series EE savings bonds show you all of the denominations available to investors in this photo gallery. We have pictures of all of the Series EE savings bonds.

Series I Savings Bond Gallery
These high resolution images of the Series I savings bonds are provided by the United States Treasury department and feature some of the most remarkable Americans throughout the nation's history. Each high resolution I bond graphic shown is what investors receive when they invest in the paper certificate version of the savings bond program.

How Much Money Should I Be Saving
Investing for Beginners.

Recession Political Cartoons - Evidence That Stocks Were Cheap
Warren Buffett has always told investors to buy when there is blood in the street. To prove that it is clearly evident when this happens, I've put together a collection of recession political cartoons and other economic political cartoons that were published in major media sources that prove Buffett's point that it isn't difficult to spot when the markets are in panic. The question is, how many new investors took advantage of the opportunity?

Retirement Account Contribution Limits Guide
Retirement account limits such as Roth IRA contribution limits, Traditional IRA contribution limits, 401(k) contribution limits, and much more are all consolidated here to make it easy for you to calculate how much you can put away for your golden years. Adhering to these limits is important because otherwise you may have to pay an excise tax on the surplus.

Saying No to Custodial Fees and So-Called Safe Keeping Fees
So-called safe keeping fees and custodial fees from your broker or bank are nothing short of a rip off. You should not have to pay safe keeping fees or custodial fees. To find out why, this article will explain.

What is a Certificate of Deposit (CD)
A certificate of deposit (

What are Blue Chip Baskets, SPDRs, Diamonds, and HOLDRs
Blue chip baskets, SPDRs, Diamonds and HOLDRs allow individual investors to invest in a diversified collection of high-quality companies.

What Is a Dividend
A dividend is a portion of corporate earnings paid out to shareholders. Most dividends are paid quarterly.

Board of Directors - Responsibility, Role, and Structure
The responsibility of a board of directors is to act as the shareholders' representative in all matters. A board of directors approves dividends, sanctions mergers, hires management and acts as a steward of shareholder capital.

What are Commodities
Commodities are objects that come out of the earth such as orange juice, wheat, cattle, gold and oil. People buy and sell commodities based on speculation.

What are Penny Stocks
Penny stocks are high risk, speculative stocks with a share price of under five dollars. Penny stocks are often the target of pump-em and dump-em scams.

What are Money Market Accounts
Money market accounts are essentially mutual funds that attempt to keep a steady share price of $1. Money market accounts are offered by banks and brokerages and can be used to store excess cash between investments.

What is the S&P 500
The Standard and Poors 500, or S&P 500 for short, is an index made up of five hundred different stocks. Each component in the S&P 500 is selected for liquidity, size, and industry.

What is a Ticker Symbol
A ticker symbol is a combination of letters used to reference a particular stock. Coca-Cola's ticker symbol, for example, is KO.

What is the Fed Funds Rate?
Have you ever wondered what the Fed fund rate is and why the Fed fund rate should be important to you? This article on the Federal Reserve will help you find the answer.

Pareto's Law
Pareto's Law is the economic theory that 20% of the population earns 80% of the income. It was espoused by Vilfredo Pareto, a 19th century italian economist.

Morgan - American Financier by Jean Strouse
Review of Jean Strouse's biography, Morgan American Financier in paperback and hard back.

Security Analysis 1934 Edition by Benjamin Graham
A review of the 1934 edition of Security Analysis by Benjamin Graham. Discover the pros and cons of the classic investment treatise, as well as links to other books by Benjamin Graham.

Monopoly Tycoon
If you like Monopoly and Sim City, you will love Monopoly Tycoon. In this fully 3D rendered world, you are a business tycoon who builds businesses based upon your customer's needs. Set prices, buy railroads and utilities, and build parks and shopping centers - all while trying grow your empire value faster than your opponents. Can be played against the computer or on a network.

Interpretation of Financial Statements by Benjamin Graham
The Interpretation of Financial Statements by Benjamin Graham takes the reader on an in-depth study of the analysis and use of published financial reports.

Alan Greenspan - Profile of Federal Reserve Chairman Alan Greenspan
Alan Greenspan, Chairman of the Federal Reserve, has become legendary for his skill at managing the United States economic system. Discover more about Alan Greenspan, his biography, his life, and his work in this profile.

Charitable Remainder Trust - Lowering Your Estate Tax While Improving the World with a Charitable Remainder Trust
One great way to make the world a better place and lower your estate tax at the same time is to establish a charitable remainder trust. This quick tip explains the three benefits of charitable remainder trusts.

Peter Drucker on Management and Long-Term Planning
In his treatise Management, famed management guru Peter Drucker gave one of the best and most succinct pieces of wisdom I've ever read. It dealt with long-range plans and the need for action today.

What does it mean when a stock is delisted?
If your stock is delisted from a stock exchange, what does that mean? What are the reasons for a stock to get delisted?

Absolute Priority Rule
The absolute priority rule is the rule used in bankruptcy proceedings that states a creditors' claims take priority over shareholders' claims in the event of liquidation. In Wall Street terms, a bond is senior to preferred stock, which is senior to common stock. The absolute priority rule is known as seniority in every day parlance.

Absorbed
In the world of business, the term absorbed means refers to a business that is merged into another company due to an acquisition or restructuring. The term absorbed can also mean something that is treated as an expense instead of being passed on to the customer.

Acceleration Clause
The acceleration clause is a provision in a loan agreement that states the entire outstanding balance of the loan becomes payable immediately if a certain event or events transpire such as missing a payment. In some cases, the acceleration clause can be triggered by a violating loan covenants.

Accounting Equation
The accounting equation is stated as Assets - Liabilities = Shareholder Equity. You can also rearrange the components of the accounting equation to Shareholder Equity + Liability = Assets. Put simply, the accounting equation is the relationship necessary to balance the books of a company in the double entry bookkeeping system that has been the standard of quality management for centuries.

Accreted Value
Accreted value is the price a bond would sell for if interest rates remained at their current level indefinitely. Private investors and financial analysts use accreted value as one of many sources of information when determining the investments they want to purchase. It has limited usefulness because of the dangers of bond duration.

Accrual Bond
An accrual bond is more commonly referred to as a zero coupon bond. It is a type of bond where interest is added to the principal balance due to the bondholder at maturity and not paid out in cash. The bond is sold at a discount to its maturity value based on a financial calculation that will yield a specific amount. Savings bonds are a popular form of the accrual bond or zero coupon bond.

Accumulate
On Wall Street, the term accumulate has a slightly different definition depending upon who is using it. Accumulate is a

Acquisition
An acquisition is when one company acquires another one with the acquirer usually being larger than the acquiree, although this is not always the case. An acquisition differs from a merger because a merger usually refers to a marriage of equals.

Action to Quiet Title
An action to quiet title is a decision by a court that establishes ownership of a property, specifically real estate.

Active Asset
An active asset is defined as any asset that is used in the day-to-day operations of a business. If you owned a company that manufactured peanut butter, your active assets would include things such as the machines that crushed the peanuts, poured it into jars, and stuck on the labels.

Active Box
Active Box is a term used to describe securities that are being held as collateral for an investor's margin positions. In the event of default, they can be used to satisfy the balance of the loan.

Active Portfolio Strategy
In an active portfolio strategy, a manager uses financial and economic indicators along with various other tools to forecast the market and achieve higher gains than a buy-and-hold (passive) portfolio. Active portfolio management is the opposite of indexing and can lead to higher fees and commissions, lowering returns.

Adjusted Basis
A tool used to calculate the gain or loss when a security or asset is sold. It reflects any improvement or adverse event the investment may have been subject to.

Advance - Decline
The term advance decline on Wall Street refers to the relationship between stocks trading above their opening price and the stocks trading below their opening price. It is used as a measure of the market as a whole, and helps in determining if there is a strong Bull or Bear market in action. By comparing the percentage of stocks that are higher (advanced) than are lower (declined), analysts and investors can get a better sense of the market's mood.

Adverse Selection
Adverse selection is a term used primarily in insurance although it is useful for other industries, as well. It refers to a situation in which the buyer or seller of a product knows something about the product quality or condition that the other party does not know, allowing them to have a better estimate of what the true cost of the product should be.

Affiliate
The term affiliate is used to describe the relationship between two companies in which one owns a substantial, but not controlling, amount of the voting stock. It can also mean when two companies are both subsidiaries of a third company. Since the rise of the Internet, the term affiliate has been used to describe a business relationship between two companies in which one is compensated for generating sales.

After Hours Trading
After Hours Trading is a term that refers to securities being traded after regular business hours on the major exhanges.

Air Pocket Stock
An air pocket stock is a stock that has a sudden and sharp decline in price due to unexpected disappointing earnings or results.

Alphabet Stock
A term used to denote different classifications of common stock which are tied to a certain division, subsidiary, or department of a corporation. Each

Analyst
An analyst is a person who works for a stock broker or investment bank and spends their time analyzing specific stocks. In many cases, an analyst is assigned to a single industry. Using the information they gather, they are required to make buy, sell, or hold recommendations that are used by portfolio managers and private investors.

Annual Percentage Yield
The annual rate of return; it takes into account compounding. The APY is calculated by taking one plus the periodic rate and raising it to the number of periods in a year. For example, a 1% per month rate has an APY of 12.68% (1.01^12 -1).

Annuity
A contract available from an insurance company which guarantees specific payments at certain times (such as retirement). There are several different types of annuities, but the two most common are fixed and variable. Fixed annuities guarantee a payment for a certain amount of money. Variable annuities carry no such guarantee but have a greater potential for appreciation.

Angels
A term used to describe wealthy individuals who loan capital to beginning business ventures. In return for the substantial risk they take, most requires a portion of the equity in the company, hoping for huge payoffs later.

Asset Play
A term used to describe a company who's assets are not accurately or completed represented in its share price, therefore making it an attractive investment.

Bankmail
Bankmail is a legally binding agreement in which a bank promises a company that is involved in a takeover bid that it will not finance any other potential bidder.

Bankrupt
When a person or company cannot pay back its liabilities and debt. In a publicly traded corporation, assets are transferred from shareholders to bondholders and various other creditors.

Basis Point
The term basis point is a measurement of percentage often used to compare gains or losses in fixed income investment such as bonds or expense structures in mutual funds. One basis point is equal to 0.01% and a 1% change in an asset is said to be equal to 100 basis points.

Beige Book
The Beige Book is a report released by the Federal Reserve Board eight times each year. It is a general report on economic conditions.

Big Board
The term big board is Wall Street slang for the New York Stock Exchange, which is the largest and most respected stock exchange in the world.

Black Friday
Black Friday was when the markets crashed on September 24th, 1969 after financiers attempted to corner the gold market unsuccessfully. Their actions resulted in a nationwide depression that caused severe hardship for the population.

Black Monday
Black Monday was the day the Dow Jones Industrial Average fell by 22 percent in a single trading session. Black Monday happened on October 19th, 1987.

Black Tuesday
Black Tuesday was the infamous day the stock market crashed,, falling 13%, leading to panic, and ushering in the Great Depression. Although Black Tuesday gets all of the press, few investors remember or realize that the real bottom didn't occur until 1932-1933.

Blind Trust
A blind trust is a trust in which the owners have no knowledge of the assets or investments they own. The money is managed by a professional, non-related third-party. Traditionally, politicians, judges, and high profile appointees of the government have placed their assets in blind trust with the President of the United States having his or her assets placed in a blind trust managed by Northern Trust in Chicago.

Blitzkrieg Tender Offer
A blitzkrieg tender offer is a takeover offer that is priced so attractively the takeover is completed very quickly. This is often accomplished by pricing the buyout far above the recent stock price.

Block Trade
A block trade is a type of trade when a large number of stocks or bonds are being bought or sold by wealthy individuals, corporations, pensions, or other institutions. Typically, a block trade begins in the range of 10,000 shares or $200,000 market value.

Bond Maturity
Maturity is the date that the principal on a bond is legally required to repaid to the bond holder.

Callable Bond
A callable bond is a special type of bond in which the issuer reserves the right to pay the owed amount to the bondholder before the maturity date. If a company calls a bond, the holder of that bond must accept payment, even if he or she doesn't want to and would prefer to continue holding the bond and earning interest. Callable bonds are used by corporations and governments to repurchase their own debt when interest rates drop so they can refinance at cheaper rates.

Cartel
A cartel is the term used to describe a group of companies or governments working together in order to completely and totally control a market. One tactic to increase profit margins is to limit production so product supply drastically increases.

Cashier's Check
A cashiers check is one that cannot bounce because a customer pays the bank and then the bank writes the check out of its own account. The check, in other words, comes from the bank and is certain to clear.

Collateral
Collateral refers to an asset that can seized by the lender in the event of default. The lender can then sell this asset to recover any money that is owed to them. The most commonly understood version of collateral is a home loan, where the homeowner gets a loan from a bank and the bank has the right to foreclose on the house and sell it to recover their money if the homeowner defaults.

Common Stock
Common stock is one of the two main classes of a corporation's stock (the other is preferred stock). Common stock gives the holder the right to vote at shareholder meetings and may or may not pay a dividend depending upon management's policies.

Consumer Confidence Index
The consumer confidence index, which is often shorthanded as CCI, is an economic indicator that measures consumer confidence in the United States economy. The U.S. has been far more dependent upon the spending pattern of its citizens than other industrialized nations, making it much more important than a comparable figure would be in nations such as Japan or Germany.

Consumer Price Index
The consumer price index is one of the most important benchmarks and economic indicators because it measures the prices of goods and services for the consumer. The consumer price index is published monthly by the U.S. Department of Labor and measures inflation. The CPI tracks price changes from the consumer's perspective, whereas the PPI measures it from the seller's / manufacturer's perspective.

Contract
A contract is a legally binding document between two or more people, parties, or companies, that stipulates one party promises to perform (or not to perform) certain actions.

Corporation
A corporation is a legal entity chartered by the State and seperate from its owners. A corporation can issue shares of stock and take on debt.

Coupon Bond
A coupon bond is the same as a bearer bond in that it is not registered with a company but instead, whoever physically has possession of the coupon bond has the right to receive the interest income.

Creditor
A creditor is a person who loans money to another person, institution, or company in exchange for interest on their money.

Cyclical Stocks
A cyclical stock is a stock that has historically moved up very quickly in a rising economy and fallen in a depressed one. Common cyclical stocks include automobile manufacturers and luxury jewelry retailers.

Debenture
A debenture is any debt or loan that is backed only by the borrower's word. In other words, the definition of a debenture is an unsecured bond.

Default
On Wall Street, the term default is used to describe when a payment is missed that is due to bondholders or a lender. In many cases, a default is enough to trigger the acceleration clause.

Defeasance
To terminate, cancel, absolve, nullify, or end an agreement or contract because certain acts were, or were not, performed. Another, although less common definition, means cash, equity, or bonds that would be sufficient to retire a debt, if necessary. The assets that are set aside are removed from the balance sheet.

Deflation
Deflation is a decline in overall prices in the economy due to a contraction of either credit or the amount of money that is available. It is the opposite of inflation.

Discount Rate
The discount rate is the amount of interest that the Federal Reserve charges a financial institution when it borrows money.

Distress Sale
A distress sale is the forced sale of an asset or investment because of necessity. For example, a person may need to pay hospital bills or cover a margin call, and are therefore are forced to sell their assets. This is commonly referred to as a distress sale, and generally tends to be advantageous to the buyer.

Downtick
A downtick is a term used to describe a downward movement by a particular stock. The exchanges in the United States do not allow stocks to be sold short on a downtick and this is known as the uptick rule.

Economics of Scale
Economics of Scale is a term that is used to describe the reduction in cost-per-unit as more units are produced. For example, if a company makes 500 widgets, they cost the company 10 cents a piece to produce.

Emerging Market
The term emerging market is used to describe investments bought in companies that are emerging or underdeveloped compared to world powers. Emerging markets offer higher risks due to less stable political systems and currencies but often offer the chance to make double or triple digit returns in a short period of time.

Employee Cost Index - ECI
The Employee Cost Index (or ECI for short), is a measurement of the growth of overall compensation, including wages and benefits, for employees across the country. It is based on a fixed number of occupations and is released by the Department of Labor.

Employee Stock Ownership Plan
An employee stock ownership plan is a tool that companies use to increase employee feeling of

Employment Situation Report
The Employment Situation Report is an economic indicator that is released on the first Friday of every month at 8:30 a.m., EST. Published by the Bureau of Labor and Statistics, the report has two main components. The Employment Situation Report is used to help determine the

Fiscal Year
A fiscal year is any period of 12 consecutive months for which a company or business calculates earnings, profits, and losses. It does not necessarily reside within a calendar year (e.g., a company may have a fiscal year of October - September). The fiscal year is used as a benchmark to compare a company's growth from year to year.

Five Hundred Dollar Rule
The five hundred dollar rule is a Federal Reserve rule that excludes $500 or less deficiencies in margin accounts as a necessary reason for a brokerage or other financial institution to sell off and liquidate a client's account in order to cover a margin call.

Liquidation
Liquidation is the act of selling all assets or items with tangible value and using the proceeds to pay the company's creditors. All remaining cash, and assets possessing any value are distributed to the shareholders of the company.

Fortune 500
The Fortune 500 is a list published by Fortune Magazine profiling the top 500 corporations in the United States. The rankings are indexed by twelve different variables and criteria.

Glass-Steagall Act
The Glass-Steagall Act is legislation that was passed in 1933 which prohibits banks from underwriting, dealing in, or owning stocks and bonds of corporate companies. This effectively bans banks from operating brokerage firms. This law has laxed in the past few decades, and some banks now deal in mutual funds and other investment instruments.

Gross National Product (GNP)
The Gross National Product (or GNP) is comprised of taking the Gross Domestic Product (GNP) and adding it to the income of domestic residents resulting from foreign investments subtracted by the earned income in domestic markets by foreigners.

Growth Fund
A growth fund is a type of mutual fund that seeks to invest in higher-risk securities in exchange for the potential of higher gains due to tremendous growth rates of the companies the own. For the most part, growth stocks don't pay out dividends and instead plows earnings back into expansion.

Hostile Takeover
A hostile takeover is when one company attempts to acquire another company against the wishes of the management, shareholders, and board of directors of the target company.

Housing Starts
A key economic indicator, Housing Starts measure the number of new residential construction projects begun during a specific span or period of time.

Institutional Investor
An institutional investor is an entity, company, mutual fund, insurance corporation, brokerage, or other such group that has a large amount of money or assets to invest. These investors are responsible for a great percentage of the overall volume for stocks, bonds, mutual funds, and commodities. Because they are generally assumed to have a greater knowledge of investments and risk, they are less restricted in their investment activities than individuals are.

Interest
Interest is a fee that a lender charges in order for a borrower to use their money. Interest is expressed in terms of

Limited Partnership
A partnership that includes one or more partners with limited liability in regards to the dealings of the partnership.

Line of Credit
A line of credit is an informal agreement between a bank or institution and another entity, such as a business or individual, in which the former allows the latter to borrow up to certain limit of money simply by requesting the funds be deposited in their bank account.

Loan
A loan is when one entity gives money or assets to another one for a set period of time, in exchange for repayment of the principal plus interest.

Market Capitalization
A company's market capitalization, or market cap as it is often called on Wall Street, refers to the total value of a company's stock. It is calculated by taking all of the outstanding shares and multiplying that number by the current stock price. The market capitalization of a company is the price it would take to buy all of the shares of stock at the current market price. It isn't the true economic cost of buying the business because it doesn't factor in debt like enterprise value.

Merger
A merger is when two companies consolidate together to create a new firm. Mergers allow companies to expand their market, lower cost through economics of scale, and sometimes enjoy better negotiating power with vendors.

Net Worth
Net worth is defined as total assets subtracted by total liabilities.

New York Stock Exchange
Located on Wall Street in New York City, the New York Stock Exchange, or NYSE, is the oldest and largest in the world. It generally tends to control policy due to its sheer size and is where most major U.S. Blue Chip companies trade. The New York Stock Exchange is also referred to as the Big Board.

Pac-Man Strategy
The Pac-Man Strategy is a defense against a hostile takeover. It is when a takeover target company launches a tender offer for the company that was trying to acquire it. If successful, the target company ends up taking over the company that tried to buy it out.

Pacific Stock Exchange
The Pacific Stock Exchange is a regional exchange found in San Francisco and Los Angeles. It is the only exchange in the United States open between 4:00 and 4:30 p.m.

Package Mortgage
A package mortgage is one in which the personal property and furniture is included in the cost of the house.

Paid in Capital
Paid in Capital is capital that is brought in by investors in return for stock. It is not capital that is generated as a result of the operation of the company. Also referred to as Contributed Capital or Paid in Surplus.

Paid in Surplus
Paid in Surplus is capital that is brought in by investors in return for stock. It is not capital that is generated as a result of the operation of the company. Also referred to as Contributed Capital or Paid in Capital.

Paid Up
Paid up is a way of saying that all payments that are due or owed have been fully paid.

Painting the Tape
Painting the Tape is when traders engage in the illegal activity of buying and selling a security among themselves to create the facade of heavy volume. The increased volume, in exchange, causes other investors to take interest and possibly invest, driving the price up and earning those traders involved a profit.

Paired Off
Paired Off usually refers to buy and sell orders that are matched up to each other before the opening of the market.

Paired Shares
Paired Shares refer to the stock of two separate companies that are under the management / supervision of a single firm that is sold as one unit. Also known as Siamese Shares.

Panic Buying
Panic Buying is when investors start purchasing a stock following a large, substantial price increase. It is driven by the fear of being

Panic Selling
Panic Selling is the widespread selling of an investment, particularly a stock, after a sudden and sharp decline in price. It is normally driven by fear that the market will fall further, causing additional losses.

Paper Asset
A paper asset is one that has very low liquidity. That is, a paper asset cannot be quickly converted into cash.

Paper Gain
A paper gain is an increase in the market value of an investment. It does not become

Paper Loss
A paper loss is a decrease in the market value of an investment. It does not become

Paper Profit
A paper profit is an increase in the market value of an investment. It does not become

Paper Trading
Paper trading is the act of simulating investing with theoretical money to test theories and performance.

Paper Trail
A paper trail is a string of documents, records, accounts, and paperwork that can be used to follow a string of activity.

Par Bond
A par bond is a bond that is selling at face value.

Par Value of Currency
The Par Value of Currency is the official, quoted exchange rate between any two countries' currency.

Parabolic Indicator
The Parabolic Indicator was developed by J. Wells Wilder in order to determine the best times to get in and out of the market. It is based on SAR (the stop and reverse method).

Parallel Loan
A Parallel Loan is when two companies, institutions, or entities, particularly banks, borrow the other's currency in order to reduce foreign exchange risk.

Parent Company
A parent company is a business which owns and controls the operations of other businesses by either possessing outright ownership or controlling a majority of the voting stock.

Pari Passu
Pari Passu translates as

Paris Bourse
The Paris Bourse is the official national stock market of France.

Paris Club
The Paris Club is the term used to describe the monthly meetings between 19 creditor and debtor nations to negotiate and discuss each country's financial obligations to the others. Frequently, relief measures are drawn up for third world and developing countries that cannot meet their liabilities.

Parity Price
The Parity Price is the cost for a given commodity that is tied to a historical price or composite price.

Parity
Parity is when all parties involved are of equal standing and priority. When brokers are bidding for a security, and none has priority, a random drawing is held to determine the winning bid.

Parking Violation
A Parking Violation is an illegal tactic used to get around the Williams Act, which requires disclosure when a person or entities' holdings reach 5% of a company. In order for a raider to hide his ownership in the target company, he/she will have a third-party hold or finance the stock (thus, no one realizes just how much they own).

Partial Release
A Partial Release is a provision in a mortgage agreement which allows the release of a portion of collateral that has been pledged if certain conditions are met.

Partial
A Partial is when only a part of a customer's order is filled. It is done so that the current market price of an equity can be obtained, as well as prevent losing business to a competing brokerage firm. It can be avoided by placing an all or none order.

Partially Amortized Loan
A Partially Amortized Loan is a liability or obligation that is partially amortized while the rest is paid upon the end of the loan term.

Participation Certificate
A Participation Certificate is an investment where an individual purchases part of the revenue generated by municipal or government leases instead of the bonds backed by the revenues.

Participating Dividend
A participating dividend is a special dividend that is paid on participating preferred stock.

Participating Fees
A participating fee is a the part of the total, overall fees that go to each individual bank that makes up a syndicate.

Participating Insurance
Participating Insurance is the term used to describe any insurance policy that pays out a dividend to its holders.

Participating Loan
A participating loan is one made by multiple lenders.

Participating Preferred Stock
Participating Preferred Stock is a kind of preferred stock that pays 1.) a regular dividend, and 2.) an additional dividend when the dividend on the common stock exceeds a specific amount.

Participating Trust
A Participating Trust is an investment company which purchases and compiles a fixed portfolio of unmanaged assets and investments designed to create income. The trust then sells shares of itself to the public.

Participation Rate
The Participation Rate is the percentage of the general population (over the age of 15) who are currently employed or are actively seeking employment.

Partner
A partner is any individual who is part of a partnership. There are generally two types of partners,

Partnership Agreement
A Partnership Agreement is a written contract among partners that spells out the exact terms and conditions of the partnership.

Partnership
A partnership is type of unincorporated business structure in which individuals or entities called

Pass the Book
Pass the Book is slang for when a brokerage firm transfers responsibility for accounts to other offices around the world in order to take advantage of 24 hour trading.

Pass Through Certificate
A Pass Through Certificate is a fixed income security that is an undivided interest in a group of mortgages ensured by the Federal Government. They are put together by Ginnie Mae (Government National Mortgage Association).

Pass Book
A Pass Book is a book given to account holders of banks and savings and loans institutions in order to document all transactions. Used predominately for a savings account.

Passive Portfolio Strategy
An investment strategy that is founded upon the principles of diversification. The goal is to match a particular market index's return. Opposite of Active Portfolio Strategy.

Poison Pill
Poison Pill is the nickname for any tactic utilized by a company to try and prevent a hostile takeover. Designed to make the target company unattractive to the potential buyer.

Prime Rate
The Prime Rate is in the interest rate at which banks lend to their best and most creditworthy borrowers. Generally considered to be a lagging indicator of the economy.

Principal
Principal is the total amount of money being invested, borrowed, lent, saved, etc.

PPI (Producer Price Index)
The Producer Price Index (or PPI for short) is a group of indices that measures the average change over a span of time of the price received by domestic producers of goods and services. Whereas the CPI measures price changes from the consumer's perspective, the PPI measures it from the Sellers / Manufacturer's perspective.

Purchasing Managers Index
The Purchasing Managers Index is released on the first day of the month by the National Association of Purchasing Managers. The PMI measures five factors in business: new orders, inventory levels, production, supplier delivers, and employment conditions. Each of these five factors are adjusted and weighed according to time of year and other events.

Rating Agency
A rating agency is a company that has been given special authority from the government to rate securities such as stocks and bonds, based on risk and pricing. The higher the rating, the lower the risk of default, which generally means a lower interest rate for the the company issuing the stock or bond. Companies that receive high credit ratings from the rating agencies have lower costs of funding and capital.

Retail Sales Data
Retail Sales are the backbone of our economy. The Retail Sales Data released monthly by the Census Bureau measures the merchandise sold by companies. It includes all retail operations in the nation through a sampling method, from Wal-Mart to the local bookstore.

Round Lot
A round lot refers to blocks of 100 shares of a stock. There are sometimes fees for investors who do no purchase in round lots because it's easier for the stock exchange to trade shares when they are in 100 share increments.

Securities
The word securities is used to describe any asset that can be bought and sold on a market by exchanging paper certificates or electronic ownership records. Shares of stock, ETFs, and many bonds are securities. Real Estate held in REIT form and traded also counts as securities. Regular mutual funds or real estate does not. You'll often hear financial professionals use securities as a catch-call phrase for your investments.

Shadow Player
Shadow Player is financial slang for an investor who is investing a very large amount of money and is attempting to conceal their identity when buying up shares in a company.

Shareholder
A shareholder is any person, corporation, institution, or entity that owns stock in a publicly traded company.

Short Selling - Short a Stock
When someone shorts a stock (sometimes called

Subsidiary
A subsidiary is a company that is wholly, or nearly wholly, owned by another business, corporation, or company. There are special tax rules for 80% or greater owned subsidiaries that allow the company to pay dividends to the parent corporation tax-free.

Tender Offer
A tender offer is a public offer made to the shareholders of a company by a potential acquirer to purchase their stock at a price much higher than the current market value of the stock. If all goes as planned, the shareholders who accept the tender offer make a significant profit on their holdings, and the acquirer gains control of the company.

Partial Spinoff
A Partial Spinoff is when a parent company sells part of a subsidiary to the public, usually in the form of an IPO. In a situation such as this, the parent company raises money through the sell-off, but retains control and a majority stake in the subsidiary, while the spun-off entity enjoys the financial and professional resources of its parent.

Title
A title is a document or certificate that represents ownership of an asset such as real estate.

Tracking Stock
A stock that is issued to track a certain division of a company. This allows managers and executives for each division to have rewards and compensation tied to the overall performance of the part of the company they control.

Traditional IRA
A traditional IRA is a type of retirement plan that allows you to make tax-deductible contributions to your account based on your adjusted gross income.

Two Tier Bid
A Two Tier Bid is when a potential acquirer offers to pay a higher price for the shares that will give them control in the company than for the other shares (e.g., the first 51% gets a higher price than the remaining 49%). As opposed to an any-or-all bid.

Uptick
Uptick is a term used to describe an upward movement by a particular stock. The exchanges in the United States only allow stocks to be sold short on an uptick.

Confusing Cash and Profits
Many investors make the mistake of confusing cash and profit. This can result in them focusing ont he wrong thing - higher sales - rather than that which can make a difference in their net worth - higher profits and return on investment.

Investing Tip #1 - Focus on Cost
One of the ways you can improve your investing performance is to focus on cost.

Investing Tip #3 - Know When To Sell a Stock
When should you sell a stock? What types of things should you consider before you sell a stock? This investing tip will teach you when you should, and when you should not, consider selling a stock in your portfolio.

Building Equity in Businesses
The easiest way to build your net worth is to build your ownership of businesses. If you rely on your labor, your ability to work, you are always going to be limited by your physical capacity for labor and the amount of time you can put into your efforts. Ownership of a business or businesses, on the other hand, can allow you to make money. Think about all the people in the world drinking soda, or shaving, or heating their homes all while you are sleeping at home, secure in your bed!

Walter Schloss
Walter Schloss, a successful investor who worked for and studied under Benjamin Graham, crushed the market for nearly half a century while working out of a closet-sized subleased office at the Tweedy Browne headquarters in Manhattan. It is reported that Walter Schloss had total office expense of $11,000 while his partnership generated a net profit of $19,000,000.

What are the Summer Doldrums?
The summer doldrums is a phenomenon in the stock market where trading volume falls substantially as a result of investor psychology. Typically, the summer doldrums are a result of money managers spending more time on vacation and outdoors rather than inside reviewing financial statements and buying or selling stocks.

401(k) Losses Political Cartoon
This political cartoon shows that 401(k) losses had become catastrophic. The corollary is that if you believed the United States would continue to prosper, you should have been asking yourself if it was a good time to consider taking advantage of great businesses at cheap prices.

Parking
When a business or investor

Mutual Fund Asset Classes
An asset class refers to a type of investment such as stocks, bonds, real estate, or commodities. There are many types of mutual fund asset classes that can allow you to invest in almost any sub-specialty you desire, from so-called

Millionaire's Lane
Now that you have money - how are you going to spend it? The best luxury items around for everything from scarves to private jets.

John P Morgan [JP Morgan]
The most famous banker in the world, John Pierpoint Morgan acted as the Central Bank and Federal Reserve in the United States when none existed. On more than one occasion he saved the developing United States economy from severe depression. This was in addition to organizing the formation of the world's first billion-dollar corporation, U.S. Steel.

What Is the Ask Price


Orientation Handbook - HTML Basics


Mutual Funds
Mutual funds are perhaps the easiest and fastest way to get invested. Need help deciding on a fund? Do you want a No Load fund or not? This information can help clarify some of the muddy details of mutual fund investing.

Personal Finance
Don't think you have enough money to start investing? Want to refinance your house? Here you can find informative articles full of tips, tricks, and hints to get you on the path to financial freedom.

Supreme Court Upholds Medical Marijuana Ban
In a unanimous 8-0 decision, the U.S. Supreme has ruled that marijuana may not be distributed to persons who prove a medical necessity for[R]the drug.[R]

Retirement Center
Whether you are already in retirement or thinking about opening an IRA, the Retirement Center tells you how to open an account at the best financial institutions, as well as helps you learn the difference between various types of retirement investment accounts [401K, pension, Traditional IRA, Roth IRA, etc.] The best time to start planning for your future is today.

Stock Exchanges
Learn the history and function of stock exchanges throughout the United States and the World.

Taxes
Everything you need to know from personal income taxes to capital gains. Learn about strategies that can minimize Uncle Sam's bite out of your wallet.

Wealth Management
If your assets have grown too large for you to manage yourself, you want to restructure your holdings and reduce your risk, or just want to invest but not worry about the details, then you are in need of a professional money manager. Several firms are devoted exclusively to clients with just such needs. Use our Wealth Management center to find the one that's right for you.

Asset Allocation
Asset Allocation is one of the most important aspects of a successful portfolio. These sites will provide you with excellent information on what is right for you, whether you are just starting out or are already retired.

Coffee Talk: Your Financial Questions Answered
Have a financial question that you need answered? Coffee talk is a resource devoted completely to answering your individual questions about money, investments, savings, college, and retirement. Send in your question today!

Millionaire's Lane: Life of the Rich & Fabulously Wealthy
Have a cool $1,000,000 to spend this weekend? If so, welcome to Millionaire's Lane. Now that you've made your money, what can you do with it? The answer... anything you want. Here are some of the best luxury items available for sale anywhere in the world.

Portfolio Manager
Portfolio manager online consolidation stocks bonds mutual funds

Shows: A-B-C
Find your favorite TV cop show in the database of links - everything from 21 Jumpstreet to C.S.I.

Take Control: Financial Success Stories
Take Control is a feature dedicated to publishing stories from ordinary people just like you that have made their financial dreams become a reality. Browse through the stories or submit your own!

Titans of Wealth
J.P. Morgan, Andrew Carnegie, John D. Rockefeller, Bill Gates, Warren Buffett, Michael Dell... these are just a few of the greatest businessmen and investors of all time. Learn about their lives and companies and how they made their rise to the top of the Aristocracy of the World.

Value Investing
Value Investing is the most effective and safe way to build a strong portfolio and high net worth over long periods of time. Find out the methods employed by those who practice this cornerstone of Wall Street and increase your bottom line for decades to come.

How To Buy a Single Share of Stock as a Gift
One of the most common questions I get is

How To Get Around Minimum Opening Balances
Many people can't afford the minimum opening balance at some brokerage firms and mutual funds. Did you know you can get around them? Let me show you how!

How To Invest With Little or No Money
There are a lot of people who would love to begin investing but feel like they can't afford it. In this How-To, you'll learn valuable tips that will let you start no matter what your income is!

How To Marry a Millionaire
Judging by emails, this is something on a lot of your minds. Want to marry into serious money? No problem. Just follow these simple guidelines.

How To Marry a Millionairess
For the guys out there looking to land a woman with a lot of cash to burn, this is what you're looking for!

Top 10 Investing Books
These top ten investing books will help lay a firm foundation for your personal portfolio management abilities.

Personal Finance
If you need help saving money or developing a budget, the personal finance page can help you find the best articles and resources on the internet.

Monopoly Game Editions
Monopoly has been the staple game of every financial enthusiast for over seventy years. Here are ten different versions of the classic Monopoly game, ranging from a collector's edition with gold pieces to I Love Lucy. Whichever Monopoly Game you choose, use the MySimon links below to compare prices from retailers all over the net.

Top Money Gifts
The banker, accountant or investor in your life is sure to appreciate a selection of these top money-themed gifts.

Gadgets and Gizmos for the Investor
These gadgets and gizmos will help you take control of your investing and financial planning [or at least make your office more comfortable]. Be sure to find the best price by clicking the Compare Prices button.

Investing for Beginners - TopPicks
An index of TopPicks for the Investing for Beginners guide site.

Credit Crisis Lessons - What You Should Learn From The 2007 - 2008 Recession
There are several lessons that you should learn from the credit crisis, and not all of them are purely economic. Take a minute to discover the mistakes made by most people - namely, allowing a huge portion of their income to come from a single source - and things you should consider so that your family is protected the next time the economy hits a rough patch.

Series I Savings Bonds - Articles, Resources, and Guides for I Bond Investors
Series I bonds pay interest based upon the combination of a fixed interest rate plus an

Buy and Holding Investing Strategy
Buy and hold investing can make a lot of sense because it allows an investor to make money from the underlying business, not just fluctuations in the stock market. Some of the world's greatest investors have made their fortune by buy and hold investing.

Money Market
A money market fund offers high liquidity and a competitive interest rate. Unlike certificates of deposit, a money market allows withdrawals of cash without penalty. These resources will help you find current money market rates and information on opening an account.