Basics of ETFs
Like a mutual fund, an exchange-traded fund (ETF) pools the money of many investors and purchases a group of securities. Like index mutual funds, most ETFs are passively managed. Instead of having a portfolio manager who uses his or her judgment to select specific stocks, bonds, or other securities to buy and sell, both index […]
Long Put Strategy
A long put gives you the right to sell the underlying stock at strike price A. If there were no such thing as puts, the only way to benefit from a downward movement in the market would be to short sell stocks . The problem with shorting stock is you’re exposed to theoretically unlimited risk […]
Chelsea Fagan’s Simple Rule to Get Healthy While Saving Money
I’m someone who can be – If I’m being totally honest with myself – very lazy when it comes to fitness. I’ve always been someone for whom physical activity was a byproduct of other hobbies or obligations I had going on in my life. And living in a city like New York requires enough baseline […]
Save for Retirement, or Pay for College?
If you just landed a raise or received an inheritance, saving that extra income is a great idea. But do you put the money toward paying for your child’s education or paying for your retirement? Here are few considerations from each perspective to help you decide. Why to Prioritize Retirement Savings During your golden years, you […]
Short Call Strategies
Also known as a naked call, selling the short call obligates you to sell stock at strike price A if the option is assigned. When running this strategy, you want the call you sell to expire worthless. That’s why most investors sell out-of-the-money options. This strategy has a low profit potential if the stock remains […]
Mutual Fund Investment Types
Just about every fund available will fall into one of four categories: Open-end, Exchange-traded, UIT or Closed-end. To help you make heads or tails of these fund types, the table below outlines general definitions, pros and cons, liquidity concerns and other important information to help you make wiser decisions about your finances. Before investing in […]
Comparing Mutual Funds
When someone mentions investing in a fund, most people immediately think of mutual funds. The question people don’t ask is this: What type of mutual fund are you investing in? There are actually three common types: funds that invest in stocks and/or equities, funds that invest in bonds and fixed-income products, and funds that invest […]
Understanding Cash-Secured Puts
If you keep enough cash on hand, not only are you prepared in the event of an assignment, but you’ve tapped into a method to buy stock that may also earn you a little extra income along the way. Let’s explain with an example. Imagine you like stock XYZ at $52, but you’re not looking […]
Market Outlook: A Trader’s Guide
Different ways to develop an opinion on the market In the world of Wall Street, there is no shortage of colorful language used to describe one’s outlook on the markets. When using the key terms to describe your market sentiment (bullish, bearish, neutral or volatile), Credence Global Bank Invest is speaking from the perspective of the U.S. […]
How to Get a Financial Education – On Your Terms
There is no one-size-fits-all plan for improving your financial literacy. A good plan should be tailored to financial decisions you’re facing today and fit the way you learn best. Whether you learn best sitting on the couch with your dog, or chatting with your friends over coffee, we’ve got you covered. Whatever your terms are, […]
