Category: FAQ

What’s the average salary for a finance major?

A: The average starting salary for someone with a finance degree is $60,000. This figure makes a finance degree one of the top most valuable college degrees and one of the only degrees associated with [..]

How Long Should You Keep Bank Statements?

A: In short, you should keep bank statements for a minimum of one year, either in a hard copy or electronic format. After this period, it’s safe to shred and discard them. Reasons for Keeping [..]

Who Are Facebook’s Main Competitors?

A: Among the hundreds of online social media sites on the Internet, sites that compete directly with Facebook (FB) include Instagram, Snapchat (SNAP), and LinkedIn (LNKD). These social media companies continue to grow their audience and expand reach. 1. Instagram Instagram [..]

Why are mutual funds subject to market risk?

A: Like all securities, mutual funds are subject to market, or systematic, risk. This is because there is no way to predict what will happen in the future or whether a given asset will increase [..]

Can mutual funds invest in options and futures?

A: Mutual funds invest in not only stocks and fixed-income securities but also options and futures. There exists a separate category of funds that specialize in investing in derivative instruments, and these funds provide an [..]

What is the difference between macroeconomics and finance?

A: Economics is a broad category that encompasses both macroeconomics and finance. Macroeconomics refers to behaviors of large sections of markets, such as the unemployment rate of an entire country. The economics term “finance” is [..]