Money markets are very short duration debt securities, essentially the equivalent of cash traded between banks and offered to investors at a very nominal interest rate.
Money market securities are essentially IOUs issued by governments, financial institutions and large corporations, and they’re traded between each other in very high denominations. Retail investors can gain access to money markets via money market funds, which generally pay very low interest rates.
Banks and governments swap money markets in large quantities on a daily basis, to meet short-term debt obligations. Some examples of money market securities are short-term US Treasury bills, commercial paper, and Certificates of Deposit (CDs).
A 403(b) Plan is essentially a 401(k) for publicly-funded institutions such as public schools and universities
Lifestyle inflation is the tendency of people to increase their spending and standard of living along with any $ raises
Publication 527 describes how to report income from residential property, as well as how to depreciate it
The Rectangle Top pattern forms when a stock’s price is stuck in a rangebound motion, between support and resistance
The IRS has already paved the way for employers to pay wages using bitcoin and other cryptocurrencies
Market momentum is the tendency of a trend to continue in one direction or another. Various analysis methods and...
Times Interest Earned is analysis that compares the pre-tax earnings of a company to the total amount of interest payable
An investment bank is a financial institution that typically specializes in large, complex transactions, such as...
There are many target date mutual funds that have appeared in the past 5-10 years, which are supposed to simplify...
Leverage is the use of borrowed capital or debt to try and increase the potential return of an investment