A Great Explanation of the Basics of Investing and Finance

Many individuals find the concept of investing and finance quite mysterious or inexplicable. As such, they avoid investing in equities/stocks either individual holdings, ETFs or mutual funds. Unfortunately, this is quite short-sighted and these individuals are missing out on potentially great opportunities.

Thus, the following is a link to an article: "Bill Ackman explains everything you need to know about the basics of finance and investing", in which legendary hedge fund manager, Bill Ackman, explains the various aspects of investing and finance. I found the article to be quite insightful, and I hope you do as well.

The Strong Dollar: What Does It Mean for the U.S. Economy? 

The U.S. dollar has been appreciating against other foreign currencies. This makes U.S. stocks and bonds more desirable to foreign investors, but also makes U.S. goods and services more expensive for foreigners. For example, foreign tourists will need to buck more when they come to the U.S.  As a result, the following short video outlines the impact of an increasing U.S. dollar.

 

Friday the 13thToday is Friday the 13th, which occurs three times each year. So unless you plan to make a habit of walking under ladders or breaking mirrors and opening umbrellas indoors, then I would just carry on and lean more towards a TGIF attitude.

  

 

Quotes    

"I had only one superstition. I made sure to touch all the bases when I hit a home run."

  Babe Ruth
 
           

"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case."

 Robert G. Allen


Quotes selected by the IAG staff

"Aim at the sun, and you may not reach it; but your arrow will fly far higher than if aimed at an object on a level with yourself."

Joel Hawes

 "You are never too old to set another goal or to dream a new dream."

C.S. Lewis

 

Tony Moeller, CPA

The information listed in this commentary is a compilation of various publicly available sources and is for informational purposes only. It is not a recommendation or solicitation of any particular investment or strategy. A risk of loss is involved with investments in the stock and bond markets.

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