What is the SPY ETF?
Learn more about this popular exchange-traded fund and how to invest in it.
2 min read
Jan 11, 2024
Nina Semczuk
Senior Editor, Wealth
EXPERTISE
- Personal finance
- Financial planning
- Investing
- Retirement planning
EDUCATION
- Bachelor of Science, TV and Film, Boston University
- Master of Fine Arts, Creative Writing, St. Joseph’s University
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.
Nina wants you to know
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.
Nina's recommended readings
Financial literacy is a crucial part of owning your life.
— Nina Semczuk
Nina's latest articles
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What is short interest?
Short interest can reflect general market sentiment toward a stock by indicating the number of shares sold short that remain outstanding. When measured it can be a useful but imperfect indicator of bullishness [...]
3 min read Jan 04, 2024 -
What is the time value of money?
The time value of money concept is all about how money is worth more now than in the future because of its potential growth and earning power.
5 min read Jan 04, 2024 -
What is contribution margin?
Contribution margin is used to help measure product profitability. Business owners generally use the contribution margin ratio on a per-product basis to determine the portion of sales generated that can [...]
3 min read Jan 03, 2024 -
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What is private equity?
This type of alternative investment is typically limited to accredited investors and institutions.
5 min read Dec 14, 2023 -
Revocable trust vs. irrevocable trust: key differences
A revocable trust can be changed at any time.
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What is the Capital Asset Pricing Model (CAPM)?
Here’s how the capital asset pricing model works.
4 min read Dec 08, 2023
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What is the New York Stock Exchange?
New York is home to the world’s largest stock exchange.
3 min read Jan 10, 2023 -
What is a hedge fund?
If you’re an accredited investor, hedge funds are one of your investment options.
4 min read Jan 10, 2023 -
Current ratio: What it is and how to calculate it
Current assets divided by current liabilities equals the current ratio.
3 min read Jan 10, 2023 -
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What is financial leverage?
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. [...]
4 min read Dec 22, 2022 -
What is financial liquidity?
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.
4 min read Dec 22, 2022 -
Balance sheets: what they are and how to use them
A balance sheet is a financial statement that reports a company’s assets, liabilities and shareholder equity at a specific point in time.
3 min read Dec 22, 2022