Finance Archives - New Trader U

5 Books That Give You the 5 Paths to Financial Success

Best books, Book Reviews, Books, Finance, Personal Finance, Wealth / Steve Burns

Financial success isn’t achieved through a single formula. Different people find prosperity through various approaches, and what works for one person might not resonate with another. Some thrive on aggressive debt elimination, while others prefer steady wealth accumulation through frugal living. Some find freedom through mindful spending, while others succeed by automating their finances. The […]

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10 Books That Will Teach You More Than Any Finance Degree

Book Reviews, Books, Finance, Financial Literacy / Steve Burns

While formal finance education provides theoretical foundations, the real-world application of financial principles requires wisdom not found in traditional textbooks. The following ten books offer practical insights, historical context, and proven strategies that complement and often surpass traditional academic curricula. From understanding market psychology to analyzing historical crises, these works equip readers with the knowledge

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Prospect Theory Explained in 5 Minutes (Behavioral Finance)

Finance / Steve Burns

Few concepts have garnered more attention and acclaim in behavioral finance than Prospect Theory. Offering a deep dive into the psychological intricacies that influence financial decisions, this theory challenges traditional models that paint individuals as perfectly rational agents. Instead, it highlights the often counterintuitive ways people perceive gains, losses, and risks. This article will guide

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ROA: How to Calculate Return on Assets With Examples

Finance / Steve Burns

Understanding Return on Assets (ROA) and How to Calculate It Introduction: Return on Assets (ROA) is a financial metric that measures a company’s profitability by calculating the profit earned per dollar of assets. It is an essential ratio used by investors, analysts, and managers to evaluate a company’s efficiency in using its assets to generate

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Understanding the Time Value of Money

Finance / Steve Burns

What is the Time Value of Money? (TVM) The Time Value of Money measures the benefit of getting money in the present instead of the same amount later in the future. It’s based on the preference of when you receive money on a timeline. The Time Value of Money is the reason interest is received.

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Current Best Finance Movies on Netflix 2022

Finance, Movies / Steve Burns

Here are seven of the best movies about finance currently available on Netflix as of this writing. They each explore different areas of finance like business building, business management, leading a corporation, having an edge, career risk, analytics, and managing personal finances. Another great thing is that these movies are part of a Netflix subscription

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TTM Meaning

Finance, fundamental analysis, Fundamentals, Investing / Steve Burns

In finance, TTM stands for trailing twelve months, and it represents a company’s financial performance in the last 12 consecutive months. For example, if a company financial statement is created on August 1, 2022, then the TTM financial report and the dollar values used to prepare the statement will be created using the trailing twelve

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Buy Side vs Sell Side

Finance / Steve Burns

The buy side versus the sell side in the stock investment world refers to the contrast between the primary accumulators of stocks and the primary distributors of stocks. The buy side of the financial markets are the institutions that purchases and invests in large position sizes of stocks as money managers and fund managers. The

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Current Best Finance Movies on Netflix 2021

Finance, Movies / Steve Burns

Here are seven of the best movies about finance currently available on Netflix as of this writing. They each explore different areas of finance like business building, business management, leading a corporation, having an edge, career risk, and managing personal finances. Another great thing is that these movies are part of a Netflix subscription with

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Why Compound Interest is the Eighth Wonder of the World

Finance, Investing / Steve Burns

“Compound interest is the eighth wonder of the world. He who understands it earns it, he who doesn’t, pays it.” -Unknown Why is compound interest considered the eighth wonder of the world? Here are three shocking examples of the exponential growth of compounding. If you start with capital and grow it an additional 1% everyday

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How to Calculate Enterprise Value

Business, Finance, Investing / Steve Burns

Enterprise value or EV is a financial measurement calculating the total monetary value of a business in the marketplace. Enterprise value is not the current market price but what the true value of the business is based on its assets and cash flow. The EV is the difference between the outstanding debt and the assets

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