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Financial IQ
| The basics of stock exchanges |
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The stock exchanges provide a platform for the transaction of securities in the secondary markets. Trading on the SE helps investors get the best price for the deals. There is no counterparty risk as the clearing corporation assumes the role of the counterparty to both the buyer as well as the seller. |
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Editor's Choice
| Schedule a Money Day for Yourself |
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JD Roth started writing his thoughts on personal finance which summarized all that he had learned from several months of reading financial self-help books. Now that journal has grown into a very useful and popular blog on personal finance, titled Get Rich Slowly, personal finance that makes cents! (Dollars, I would say) In the following article, JDR shares his idea of a Money Day where you can focus on all personal finance matters in a day. Even though there are some issues which are US specific, the idea of a Money Day is universal.
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