Personal Finance & Investing
This course gives an overview into understanding personal finance and common investment verticals and strategies. This course is purely educational, and nothing in this course should be construed as financial advice.
This course includes written and video content. Both are important and provide unique perspectives.
Note: It’s recommended (but not required) to complete course content on a computer, instead of mobile.
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Understanding Personal Finance
Personal finance is the foundation of successfully navigating your life. It's about setting clear financial goals and knowing how to reach them.
Personal finance is the foundation of successfully navigating your life. It's about setting clear financial goals and knowing how to reach them.
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How to Budget
A budget is essential to living within your means and saving enough to meet your long term goals.
A budget is essential to living within your means and saving enough to meet your long term goals.
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Back Account Structure
Structuring your bank accounts in a way that's easy to use and keeps business assets separate from personal is always a good idea.
Structuring your bank accounts in a way that's easy to use and keeps business assets separate from personal is always a good idea.
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Investment Verticals
Investing is putting money to work for a period of time in some sort of project or undertaking in order to generate positive returns.
Investing is putting money to work for a period of time in some sort of project or undertaking in order to generate positive returns.
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Active vs. Passive
The goal of active investing is to “beat the index” by actively managing the investment portfolio.
The goal of active investing is to “beat the index” by actively managing the investment portfolio.
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Investment Accounts
We've covered a wide range of investment types and a few common styles. Let's cover what brokerages are out there and what type of investment accounts to open.
We've covered a wide range of investment types and a few common styles. Let's cover what brokerages are out there and what type of investment accounts to open.
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Basic Investment Strategies
A good investment strategy minimizes your risks while optimizing your potential returns.
A good investment strategy minimizes your risks while optimizing your potential returns.
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A buy-and-hold strategy is a classic that’s proven itself over and over.
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Buy the Index
This strategy is all about finding an attractive stock index and then buying an index fund based on it.
This strategy is all about finding an attractive stock index and then buying an index fund based on it.
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Index and a Few
The “index and a few” strategy is a way to use the index fund strategy and then add a few small positions to the portfolio.
The “index and a few” strategy is a way to use the index fund strategy and then add a few small positions to the portfolio.
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Income Investing
Income investing is owning investments that produce cash payouts, often dividend stocks and bonds.
Income investing is owning investments that produce cash payouts, often dividend stocks and bonds.
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Dollar Cost Averaging
Dollar-cost averaging is the practice of adding money into your investments at regular intervals.
Dollar-cost averaging is the practice of adding money into your investments at regular intervals.
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There are many investment tools that can help you make educated investments.
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Stock Options Overview
A stock option gives an investor the right, but not the obligation, to buy or sell a stock at an agreed-upon price and date.
A stock option gives an investor the right, but not the obligation, to buy or sell a stock at an agreed-upon price and date.
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Options Parameters
Options contracts exist for only a certain period of time. This is known as the expiration date.
Options contracts exist for only a certain period of time. This is known as the expiration date.
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The "Greeks"
Options traders often refer to the delta, gamma, vega, and theta of their option positions. Collectively, these terms are known as the Greeks.
Options traders often refer to the delta, gamma, vega, and theta of their option positions. Collectively, these terms are known as the Greeks.
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The word "credit" has many meanings in the financial world.
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A credit score is a number from 300 to 850 that rates a consumer’s creditworthiness.
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Credit Cards
Credit cards allow you to borrow funds up to a certain limit and repay them over time, usually with interest if not paid in full each month.
Credit cards allow you to borrow funds up to a certain limit and repay them over time, usually with interest if not paid in full each month.
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APR represents the cost of borrowing on a yearly basis, including interest and fees.
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Business Credit
Business credit is linked to your business’s Employer Identification Number (EIN), not your Social Security number.
Business credit is linked to your business’s Employer Identification Number (EIN), not your Social Security number.
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