What are credit default swaps?
This type of financial derivative played a role in the 2008 recession.
Financial literacy is a crucial part of owning your life.
— Nina Semczuk
Nina Semczuk is a wealth editor on the Bankrate team. In previous roles, she’s worked on content for SmartAsset, MagnifyMoney, LendingTree, Money, Fairygodboss and The Muse. Her writing in the personal finance and career space has been syndicated by numerous outlets and she has been featured in webinars and newsletters.
Nina started her path toward financial literacy at fourteen after filling out her first W-4 and earning her first paycheck. Since then, she's navigated the world of investing, mortgages, VA loans, Roth IRAs and the tax consequences of changing cities, states or countries at least once a year. She served in the U.S. Army for five years before moving to New York City and later, the Hudson Valley.
A coworker early in my career advised me to save early and often for retirement. While saving for retirement in your early twenties isn’t sexy, it sets you up for future stability.
Financial literacy is a crucial part of owning your life.
— Nina Semczuk
This type of financial derivative played a role in the 2008 recession.
RSUs might be part of your compensation package.
This metric can help investors determine whether a project or investment is viable.
Qualified dividends are taxed at a more favorable rate.
You might be offered this type of plan if you work for the government.
New York is home to the world’s largest stock exchange.
If you’re an accredited investor, hedge funds are one of your investment options.
Current assets divided by current liabilities equals the current ratio.
Financial leverage is a strategy used to potentially increase returns. Investors use borrowed funds intending to expand gains from an investment. Simply put, it’s borrowing money to make more money. [...]
Financial liquidity is the ease at which an asset can be converted into cash. Conversely, an asset that is considered illiquid cannot be easily converted into cash or is difficult to trade.
A balance sheet is a financial statement that reports a company’s assets, liabilities and shareholder equity at a specific point in time.