Get smart about money! This part of our site is all about the stuff they teach in business school. We’ll walk you through the ins and outs of cash, banks, stocks, and big money numbers. It’s not as hard as it sounds—we make it so easy that even a kid could understand.
We’ve got many articles on running a company, tracking where your money goes, and how the money world works. Our guides will give you the lowdown on accounting, which is just a fancy word for keeping track of your dollars. We’ll also dive into economics—the big picture of how money moves around town and worldwide.
Don’t worry about getting lost in the jargon.
We’ll break it down into plain English, a cinch to read. No need to be a math whiz either. You’re all set if you can count to ten and know your pluses from your minuses. We’ll avoid the head-scratching theories and stick to the essential bits.
So, this is the spot for you whether you’re keen to start your own biz, get a handle on your piggy bank, or just want to sound smart at parties. We’ve got your back with the inside scoop on all things money. Let’s get cracking!
Coat-tailing is when regular folks try to copy what the big-shot investors are doing with their money. You know those hotshot Wall Street types who manage vast piles of cash for a living? People look at what stocks and investments those guys are buying. Then they say to themselves, “I’m gonna do exactly what they’re…
A club deal is a kind of loan that a small group of banks makes together. The banks join forces to share the risks, the money they have to put in, and the profits they might make. Club deals are usually used for smaller loans. A person called an arranger manages the whole thing. Why…
A closing price represents an asset’s last recorded trading value when the market officially ends its regular trading hours. These final numbers matter significantly because they help people track investments’ performance over time. Many newspapers and financial websites report these end-of-day prices on stocks, bonds, and other assets. Trading happens at different times depending on…
The closing bell rings across stock exchanges worldwide every trading day. This loud, electronic sound tells traders it’s time to wrap up their regular daily buying and selling. The tradition started many years ago with real brass bells, but most exchanges use electronic sounds played through speakers today. What The Closing Bell Means The closing…
The closing balance represents the final amount shown in any financial account when an accounting period ends. Think of it as taking a snapshot of your account at a specific moment – this number carries significant weight because it becomes the starting point for the next period’s transactions. The Journey to a Closing Balance Daily…
A closely held company operates under a unique ownership structure where five or fewer individuals maintain controlling business ownership. These companies blend personal relationships with business operations to distinguish them from public corporations. The owners often work directly in the company’s daily operations, serving as shareholders and managers. Core Characteristics Limited Ownership Structure The defining…
A closed-end fund operates differently from typical mutual funds, giving investors unique ways to grow their money. These investment vehicles trade on stock exchanges and manage a set pool of money in specialized ways. What Makes Closed-End Funds Special Closed-end funds start with one big fundraising event, where they sell shares to investors. After this…
Trading financial instruments carry inherent risks. Market participants need reliable ways to manage these risks, which is where close-outs become essential. A close-out happens when a trader or investor creates a new position that perfectly balances an existing one, effectively neutralizing the risk exposure. The Mechanics of Close-Outs Traders execute close-outs by establishing positions that…
A clone fund represents an innovative approach in the investment world. These specialized mutual funds or unit trusts copy other successful funds, but they do it without buying the same stocks or bonds. Instead, they use financial tools called derivatives to match the original fund’s performance. Think of it like getting the same investment results…
Many investors seeking higher yields have turned their attention to CLO equity, a complex but potentially rewarding investment opportunity within structured finance. The equity tranche represents the most junior position in a Collateralized Loan Obligation (CLO), making it both the riskiest and potentially most profitable part of the CLO structure. What Makes CLO Equity Different…
