What is Investment and What is Its Purpose?

What is Investment Different people possess different notions and understanding of “investment”. To start with, first of all, let’s try to get a clear understanding of what is investment and how it can be useful for the folks. Investment is an act of buying assets or items that help you generate income in the long run. Economically, it can be defined as the act of purchasing assets or goods that won’t be consumed today but will be used to create wealth in future. While in financial aspects, one can define investment as an act of buying monetary assets in order to receive income from it in future or selling it later at a higher price for profit. To elaborate the concept of ‘what

Four Smart Ways to Save Your Money

Look, I get it. Saving money is stressful. If you don’t know how to save, and stress over the fact that you can’t save money, you just get double the stress and still no money. But that’s okay. We’ve all been there, and whether you’re looking to become a millionaire before you hit 30, or you want to stop going broke by the 20th of every month, or if you just want to save up a sizeable amount for emergencies, the following tips will help you get started on the path towards sensible savings: 1. Figure out your needs and wants: This is the first, most basic rule that you’ve got to accept, understand, and follow if you want to have

Yahoo! Finance Versus Google Finance: Which should you use?

The internet has revolutionized many industries, but the  financial services field is one that has been most profoundly affected. By going online,  millions of investors are able to analyze markets on their own, which has served to disintermediate them from brokers and professional money managers. Both Yahoo Inc. (YAHOO) and Google Inc. (GOOGLE) operate popular financial websites that provide stock quotes, financial market news and general business news. Let's compare the two. The Similarities Yahoo! Finance rolled out shortly after Yahoo!'s debut in 1994. Google Finance launched in 2006, eight years after its parent began in 1998. Yahoo! bills its Finance portal as its industry-leading business and financial news product, and the service has evolved from its desktop origins to utilize mobile and tablet apps. Yahoo! Finance has a stated mission

How to Use Yahoo! Finance to Make Sound Investments

Whether investing independently or keeping abreast of business news, Yahoo! Finance provides an extremely competent and comprehensive offering.  This intuitive site supplies the basic tools for any investor without requiring a subscription making it a go-to site for financial information.  A brief summary of the layout and tools may make the experience more user friendly and help get results faster and easier. Market and Asset Level Data The home page is riddled with current financial news and event stories, market data for the major indices, common commodity pricing, exchange rates and bond yields as well as links to other frequently used tools.  On the left side of the page is an index of links. Clicking on " Market Data" delivers a list of asset type

How to Use Google Finance to Make Sound Investments

If you want to start buying individual stocks and make your money work for you, Google Finance is a great place to conduct thorough research and learn more about stock investment strategies that will help you reach your financial goals. This article gives you key information about Google Finance, and how you can maximize its data. One of the most popular strategies is investing via an exchange-traded fund (ETF). ETF investing means you don’t have to choose individual stocks. Instead, they are chosen for you. For instance, if you want to invest in gold stocks but don’t know which stocks to pick, there are dozens of gold ETFs already out there that are baskets for popular gold stocks. If you want to