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US investors have been defrauded billions by fraudulent Chinese companies listed in the US through reverse mergers. There have not been repercussions for the Chinese CEOs and those who stole investors' money as well. Settlement deals and judgments ma
Market Capitalization is a measure of what a given company is worth on the open market.📈The market cap allows investors to compare the size of one company to another. You can look at a sector's total respective market cap and compare that to the mar
In 2020 alone there was over 4.8 million cases of identity theft and fraud reports filed 📁 to the Federal Trade Commission. There is a 33% chance that in the U.S. you will fall victim to identity theft💳. However, an even more interesting statistic
Income tax can take a signifigant percentage of your income each year and it is important to know what it is and how much you need to pay.💸
The stock simulator competition is a six-week paper trading competition where the player with the highest returns at the end of the six-week period will win our grand prize of $1000. The second place winner will receive $500, and the third place winn
Recently, a lot of talk about inflation has flooded the media. But what exactly is inflation? Inflation is when the price of goods and services in an economy increase. 📈 It is important to understand what it is, how it is measured, and what the pote
Indices are a great way to assess the market in an easy and consolidated way. Simply put, they are a portfolio of securities explicitly chosen to represent the market or a particular sector of the market. Knowing how to compare your portfolio to the
Understanding the benefits and risks of trading on a margins account is vital for all investors to understand. While using a margin's account is a way to leverage your purchasing power that allows you to take on more significant position sizes in you
Check out the first episode of our new podcast, The Financial Literacy Chat! We invite high-school students to join with business professionals to ask questions and learn more from someone with real professional expertise. The first episode is live o
Understanding the futures market can help you to understand uncertainty and future price fluctuation within the commodities market, financial assets and indices. A large portion of all commodities and futures contracts🧾 that are purchased and sold a
Do not discredit small sums of money💰saving up even just $25 dollars a week will result in big savings that you will be grateful for at the end of the year📈
Asset allocation is a great investment strategy that varies from person to person based on their goals and aspects. 🧨Follow @fliteracyclub for more finance tips and infos!
Net Worth💶 determines the overall financial health of an individual or a corporation. And, it’s a lot more than the number in their bank account. 🧨Follow @fliteracyclub for more financial tips and information!
An introduction to scholarships 🎓 and where you can find some! Follow @fliteracyclub for more financial tips and info🧨 by Bianka Sacks
In the future, assets🏠 can generate cash flow and reduce expenses or improve sales. In this post, we give a basic overview that’ll allow you to understand them better! 🎓Follow @fliteracyclub for more financial tips and information written b
During economic declines —such as the COVID-19 pandemic 😷 for example— holding defensive stocks can help to minimize risk and cut your losses. 📊Defensive sectors are crucial to having a diversified portfolio. 📈
Having a bank account can be an extremely helpful tool when managing your personal finances. A saving account can help you save your money and earn interest over time📈whereas a checking account is useful for everyday transactions 💳
🎓Student debt is currently totaling $1.52 trillion and the average student debt is coming in at around $32,731. 💵However, studying can be affordable and possible with the use of loans offered by the governments and the private sector ⚖️ Student