The life of a stock is an eventful one, and it all starts at its IPO. Let’s take a deeper look as we step closer towards achieving financial fluency. What is an IPO? An IPO is an acronym for initial public offering. This represents a company’s first sale of stock to public investors. For instance, Uber has raised private capital; hence, you cannot find Uber […]
Bubbles? Subprime Auto Debt? What? Most people understand a bubble, but for those who don’t, here’s a crash course. Bubbles are important pieces of knowledge when it comes to achieving financial fluency. Prices become skewed as investors speculate about future price increases; as a result, investors invest on expected returns rather than investing in the value of the asset. We saw it with housing prices in […]
Markets declined today as information surfaced in regard to President Trump asking former FBI director, James Comey, to prematurely end a federal investigation into Michael Flynn, President Trumps’ former National Security Adviser who left amidst allegations of improper relations with Russia. The current political climate has created enormous uncertainty for the future. Bloomberg has even described the Trump-Comey debacle as the deepest crisis of Trump’s presidency thus far. […]
The FinTech market for personal finance and investing apps has exploded in the past 5 years and marks a dramatic shift in the way individuals invest and manage their accounts. Mint has streamlined the organization of bills and budgets. Acorn and Stash have encouraged habitual saving and investing with the concept that a few drops every day will eventually fill the bucket. Companies like Betterment […]