The terms Money and Wealth tend to be used interchangeably, but they are not synonymous terms. Money is merely a tool used to help create true wealth.
What is the definition of wealth? What does it mean to be wealthy? How do we measure wealth?
Buying a new car is rarely ever a sound financial decision
A primer on the basics of stock options and options trading
When analyzing investment returns it is important to differentiate between the simple arithmetic return and the geometric return (a.k.a the Compound Average Growth Rate or CAGR). The geometric return is the more...