For the first time ever, the amount of money invested in funds that track the market has surpassed the amount managed by people who pick stocks, according to data from research firm Morningstar. Or, as The Wall Street Journal puts it, index funds are the new kings of Wall Street.
Let’s start with the cliché question, how do you create wealth? The most obvious answer after robbing a bank would most probably be investing!
You don’t have to actively buy and sell stocks to find success with investing. Index funds and exchange-traded funds (ETFs) make it easy for investors to cheaply and easily invest in a basket of assets.
Financial terms can be difficult and in order to get started with the investing process, you first must understand the terminology. Online financial resources should be used in daily life to increase your knowledge.
“With the proper tools on your fingertips, you can become confident in your financial decisions. From PFs to international markets, managing your portfolio can be easier when you have an understanding of the language that is being used. A finance dictionary can be a quick reference that you can keep handy for easy access.”
This personal finance dictionary is for those new to investing or for savvy investors that are looking for a quick reference. You will find an alphabetical index of terms derived from Stack Finance (InvestoAsia) informative articles. It is for informational and educational purposes only and It is not meant to be comprehensive. …