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How the Accounting Equation Works
The accounting equation helps investors and business owners understand how the company is performing. The one statement that fundamentally uses this equation is the balance sheet. Warren Buffett prefers analyzing the balance sheet first because he believes it’s harder for companies to hide information there. By contrast, most investors focus on the income statement. Source: […]
Continue readingHow Custodians Protect Your Brokerage Account
How does your broker protect your money and account information? The work of custodians is everything. Custodians protect and manage your assets between you and your broker. We’ll explain how custodians secure your brokerage account in this piece. Brokerage accounts need custody. They assure accurate transactions, asset protection, accurate records, and timely tax payments. Investors […]
Continue readingA Few Ways to Invest a Lump Sum of Money
Wouldn’t it be great to get a pile of cash? It doesn’t happen that often, but it pays to know what to do when it does. Many people would be tempted to spend it. However, with the right approach to investing, you can grow that sum significantly. Learn about a few ways to invest a […]
Continue readingUS Government Teaches Financial Statements
Did you know the US Government teaches financial statements? Now, before you get too excited, the information given on the governments website is basic. But, it’s certainly enough to gain an understanding of the subject.Part of our taxpayer money is used to maintain the Securities and Exchange Commission SEC. This is the government body that […]
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