Just about every investor will encounter some tentacle of the financial industry in one form or another. As maligned as "Wall Street" has become, avoiding it is pretty hard.
But in order to get the returns that you deserve and avoid getting ripped off, it is crucial that you understand a few of the basics about the major actors in the industry, and the products that each sells.
Reading this tutorial will give you the power to make an informed decision about who you will give your financial business to.
In the 2000 movie "Boiler Room," Seth Davis is a 19-year old college dropout who joins a New York brokerage shop in order to strike it rich and make his father proud. Along the way, Seth learns how to cold-call the Wall Street way, and finds he...
It would be foolish to go shopping for a new automobile without understanding the basic difference between a sports car, an SUV, a pickup truck, and a minivan. Yet many people today do go shopping for investment funds without really understanding the categories available to them. This article surveys the investment landscape and looks at what mutual funds, hedge funds, ETFs, and private-equity funds actually are.