New Trader U

Selling short a stock reverses the normal order of buying it and then selling it. Selling short means to sell something you don’t own. When hedge funds and large players…

When University of Chicago professor Harold Pollack was interviewing Helaine Olen he said that “The financial advice most people actually need is common sense and simple enough that it would…

People that are financially successful tend to all use a budget to manage their monthly bills. Even the ones that don’t use a budget have the self discipline to control…

Money doesn’t bring happiness in itself, it’s the time, freedom, and experiences money buys that brings happiness. Money can’t solve all your problems but it can solve all your money…

New option traders can make many mistakes when they first start trading options. Here is a quick list on what to do and what not to do as you come…

Warren Buffett had an interest in being rich from an early age. He said he read all the books about finance from the Omaha public library by the age of…

Net worth is calculated by the total value of every asset that an individual owns subtracted by all their liabilities. Net worth can vary greatly over someone’s lifetime based on…

There are fourteen primary levels of wealth that are each distinct in their experience both mentally and financially. Most people can look at this list and identify where they are…

With options trading, brokers quantify different levels of risk exposure for different types of option plays and traders must be approved for each level. The level is based on the…

In finance there is both bad debt and good debt. Bad debt is owing money on depreciating assets that have fixed payments and go down in value. Good debt is…