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investing

Terms

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dividend
High-growth companies rarely offer dividends because all of their profits are reinvested to help sustain higher-than-average growth.
balance sheet
The balance sheet is one of the most important pieces of financial information issued by a company.
fixed income
An investment that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity
principal
Be sure to take into account the context in which this term is used, as the exact meaning of the term has many variations.
analyst
A financial professional who has expertise in evaluating investments and puts together "buy", "sell" and "hold" recommendations for securities. Also known as a "financial analyst" or a "security analyst
stock
Stocks are the foundation of nearly every portfolio
interest
1. The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
bond
credit quality and duration - are the principal determinants of a bond's interest rate. Bond maturities range from a 90-day Treasury bill to a 30-year government bond. Corporate and municipals are typically in the three to 10-year range.
capital
Capital is an extremely vague term and its specific definition depends on the context in which it is used. In general, it refers to financial resources available for use.
risk averse
A description of an investor who, when faced with two investments with a similar expected return (but different risks), will prefer the one with the lower risk.
pension plan
pension plan is a method in which an employee transfers part of his or her current income stream toward retirement
compounding
The ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings. In other words, compounding refers to generating earnings from previous earnings.
bull market
A financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities.
dollar cost
Eventually, the average cost per share of the security will become smaller and smaller. Dollar-cost averaging lessens the risk of investing a large amount in a single investment at the wrong time.
investing
Investing is the key to building wealth
diversification
Diversification strives to smooth out unsystematic risk events in a portfolio so that the positive performance of some investments will neutralize the negative performance of others.
volatility
One measure of the relative volatility of a particular stock to the market is its beta.
risk
fundamental idea in finance is the relationship between risk and return
passive
Also known as a buy-and-hold or couch potato strategy, passive investing requires good initial research, patience and a well diversified portfolio.
benchmark
A standard against which the performance of a security, mutual fund or investment manager can be measured
fund manager
The person(s) resposible for implementing a fund's investing strategy and managing its portfolio trading activities
stocket market
This market can be split into two main sections: the primary and secondary market. The primary market is where new issues are first offered, with any subsequent trading going on in the secondary market.
index investing
Stock market talk is everywhere, from TV and radio, to the newspapers and the web. But what does it mean when people say that "the market turned in a great performance today?" What is "the market" anyway?
speculation
The process of selecting investments with higher risk in order to profit from an anticipated price movement.
how portfolio
The key is diversification. Diversifying your portfolio with both fixed-income and equity securities allows an investor to limit losses during periods of bearish equity performance.
stock picking
When it comes to personal finance and the accumulation of wealth, few subjects are more talked about than stocks. It's easy to understand why: playing the stock market is thrilling. But on this financial roller-coaster ride, we all want to experience the ups without the downs.
index fund
Investing in an index fund is a form of passive investing.
compounding
The ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings. In other words, compounding refers to generating earnings from previous earnings
growth investing
Growth investors often call growth investing a capital growth strategy, since investors seek to maximize their capital gains.
income statement
The income statement is the one of the three major financial statements.
active
An investment strategy involving ongoing buying and selling actions by the investor. Active investors purchase investments and continuously monitor their activity in order to exploit profitable conditions
growth
Shares in a company whose earnings are expected to grow at an above-average rate relative to the market.
economics
Economics is often referred to as "the dismal science".
prospectus
In the case of mutual funds, which, apart from their initial share offering, continuously offer shares for sale to the public, the prospectus used is a final prospectus.
retirement
Retirement is one of the most important life events many of us will ever experience
standard& poor's
The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe.
risk free
An asset which has a certain future return. Treasuries (especially T-bills) are considered to be risk-free because they are backed by the U.S. government
capital appreciation
For example, say you purchase a share for $10, which pays a dividend of a $1 per share each year, and is now trading at $15 per share a year later.
bear market
When you see a bear what do you do? Tuck in your arms and play dead! Fighting back can be extremely dangerous because it is quite difficult for an investor to make stellar gains during a bear market unless he or she is a short seller.
risk tolerance
The degree of uncertainty that an investor can handle in regard to a negative change in the value of his or her portfolio.
portfolio management
The art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against. performance
value investing
Typically, value investors select stocks with lower-than-average price-to-book or price-to-earnings ratios and/or high dividend yields.
registered retirement
RRSP is an acronym for Registered Retirement Savings Plan. RRSPs are the Canadian government's way of helping citizens save their money for retirement

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