Many people have heard of short selling thanks to the 2015 Hollywood movie The Big Short by Adam McKay, based on the book of the same name by Michael Lewis. Others may have heard of the practice after the GameStop short squeeze in 2021, which saw users of the investment […]
Read Time : 15 Minutes
New to finance: 10 tips for first-time investors
Investing is one of the more lucrative ways to earn money. Instead of relying on your trading your time to earn a wage, the goal is to put your money to work, allowing it to make you more money even whilst you sleep. There’s no one-size-fits-all method when it comes […]
Read Time : 10 Minutes
Current ratio: What does it mean and how to calculate it
Every company has a balance sheet that measures the financial health of the business. The most basic measurement is to simply track the incoming and outgoing cash. Sales and tax breaks generate income, but it can also come from selling off assets. Outgoings are spent on supplies, wages, unpaid taxes, […]
Read Time : 12 Minutes
Different types of bank accounts
Banking is one of the oldest institutions in the world. Arguably banking began as early as the first known civilization – ancient Mesopotamia. This is where the first buildings were used to store valuable commodities. Ownership of these items could be transferred using written receipts. Records of loans can also […]
Read Time : 13 Minutes
How to buy stocks online
Buying and selling stocks was once thought of as an endeavour that was reserved exclusively for corporations and wealthy investors. However, in recent years it has become increasingly common for normal people to trade and invest on the stock market. The modern digital age has also seen the arrival of […]
Read Time : 12 Minutes
How to apply for a credit card
The cost of living in the UK is a huge concern in 2022. According to YouGov four in 10 Brits expect their financial circumstances to get worse in the next 12 months. Brits are rightfully concerned as the current 7% inflation rate is the highest annual rise since the 1980s. […]
Read Time : 12 Minutes
How to pick a savings bank account
Experts recommend that you should save at least three months of your usual expenses in case things go wrong or your financial situation changes. But as well as putting money into an emergency fund, you might want to save up for something in particular — a new car, a dream […]
Read Time : 13 Minutes
What are penny stocks?
We all like a good bargain, which is why many people look for stocks and shares that have low prices. Whilst some stocks and shares can cost thousands of pounds, it can seem almost too good to be true to find stocks that only cost a few pence to buy. […]