Finance for Dummies

Your ABCs to Finance and Investment

What Is a Roth 401k?

This article aims to provide you with answers to the question “What is a Roth 401k?”, and indicate its advantages and disadvantages. So, how does a Roth 401k plan work? A Roth 401k provides you with a way to save for retirement. Since the taxes are applied against the contributions, and not the withdrawals, your money […]

What Is Cryptocurrency?

What is cryptocurrency? It’s an important question for both investors and for those interested in the potential of this relatively new currency type. While there are many possible explanations and definitions, the truth requires more than just a quick sound byte. The purpose of this article is to provide a clearer picture of the history […]

What Is Real GDP?

GDP, or Gross Domestic Product, is one of the most-watched economic indicators in the U.S. economy. It is an important measure of the health and stability of the nation’s economic health. Movement in the stock market is often associated with positive or negative GDP reported results. Thus, it is important to understand what is real […]

What Is Shorting a Stock?

There are numerous ways to invest in the stock market and begin building the foundations of a robust, profitable stock portfolio. One unusual, risky way to profit off a company’s bad decisions is by shorting a stock. Shorting a stock is borrowing money to invest in shares in a corporation at a lower price than […]

What Is a Collateral Loan?

An illustration well answers the question, what is a collateral loan? Imagine you are in a tricky situation, and you badly need financial assistance. Your immediate family members or friends are the first people to contact. But, what if you need more cash than your friends or family can afford to raise? The solution would […]

What Is a Balloon Payment?

When buying anything from a car to a house, you might choose a loan with a balloon payment at the end of the finance term. But, before entering such agreement, be sure you can answer the following question: What is a balloon payment? Simply put, a balloon payment is a massive, single payment that is […]