GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: Investment bankers are an important part of the banking industry and have a variety of responsibilities that revolve around raising money for corporations, governments, and other companies. Understanding investment bankers An investment banker is a person …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: Insider trading occurs when someone buys or sells shares in a company on the basis of non-public information that materially influences his trading decision. Understanding insider trading Insider trading occurs when someone uses inside information to …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: Most people think of cash as physical currency such as coins or bills, but in the world of finance, cash usually refers to money and anything that an entity can quickly convert into cash. Understanding cash …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: A custodian protects your securities (a financial item that has a monetary value) or tangible assets from theft or loss. Understanding custodians Custodians are usually large, well-known companies, such as banks. They hold your financial assets …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: Net worth is a snapshot of your personal wealth – it is the difference between what you own and what you owe. Understanding net worth Your net worth is an assessment of your financial health. It …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: A progressive tax system is one in which the tax rate a person pays increases in proportion to his or her income. Understanding progressive tax In a progressive tax system, higher earners pay a higher tax …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: A pension plan is an employer-sponsored retirement plan that promises employees a specific benefit in retirement. Understanding pensions A pension plan is a retirement plan in which an employer guarantees employees a specified benefit. The employer …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: On the stock exchange, buyers and sellers come together to trade in shares of approved companies. Understanding the stock market Stocks are bought and sold on exchanges that bring together buyers and sellers of shares in …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. TAKEAWAY The earlier you start saving for retirement, the better. If you save small amounts early, you can make gains over time. Accounts like 401(k)s and IRAs offer tax advantages that can help you save more. Take …
GOLDSTONE LEARN Different profit, Smarter profit. Our authors’ works have appeared in the magazines of the whole world. DEFINITION: A dividend is a payment made by a company to its shareholders to give them a share of the company’s profits – dividends are often paid quarterly and in cash. Understanding dividends Investors in the stock …
