VA Housing Loans and Race
The U.S. Department of Veterans Affairs, which is commonly referred to as the VA, offers home loan programs to help qualified individuals and families buy, build, or improve a home or they can refinance an existing home loan. While federal law requires VA lenders to abide by Fair Housing laws,Continue Reading
Other Comprehensive Income Definition
What Is Other Comprehensive Income? In business accounting, other comprehensive income (OCI) includes revenues, expenses, gains, and losses that have yet to be realized and are excluded from net income on an income statement. OCI represents the balance between net income and comprehensive income. A common example of OCI isContinue Reading
Walmart Earnings: What Happened with WMT
Key Takeaways U.S. comparable sales, excluding fuel, rose at a faster pace than analysts expected. U.S. comparable sales indicate the sales generated by the company’s U.S. stores and clubs that have been open for at least one year, including e-commerce sales. Walmart said that its bottom-line results were unexpected andContinue Reading
Pfizer Earnings: What Happened with PFE
Key Takeaways Pfizer’s earnings and revenue beat consensus estimates. The company’s COVID-19 vaccine contributed $13.2 billion in global revenue, more than half of Pfizer’s total revenue for the quarter. Pfizer expects that its COVID-19 vaccine and oral antiviral treatment against the disease will rake in about $54 billion in combinedContinue Reading
Introduction to Swing Trading
Swing trading has been described as a type of fundamental trading in which positions are held for longer than a single day. Traders attempt to capture short-term profits by using technical analysis to enter into positions, hold for several days or weeks, and exit soon thereafter. Most fundamentalists are swingContinue Reading
5 Rules to Improve Your Financial Health
The term “personal finance” refers to how you manage your money and plan for your future. All of your financial decisions and activities have an effect on your financial health. It’s always important to consider what we should be doing—in general—to help improve our financial health and habits. Here weContinue Reading
3 Factors That Drive the U.S. Dollar
The economy’s performance is at the heart of the decision to buy or sell dollars. A strong economy will attract investment from all over the world due to the perceived safety and the ability to achieve an acceptable rate of return on investment. Since investors always seek out the highestContinue Reading
How Much Airline Revenue Comes From Business Travelers?
Airlines are in business to make money and even though they may be on the receiving end of government bailouts from time to time, the bulk of their revenue comes from travelers. Aside from the cost of tickets themselves, airlines can also collect fees from passengers that help to addContinue Reading
Can an Index Fund Investor Lose Everything?
Can an index fund investor lose everything? Probably not. This would entail all stocks in an index effectively going to a price of zero. Even if the companies that issued the stocks all went bankrupt simultaneously, investors would likely recover some money based on the book value of the firmContinue Reading
5 Stages of a Bubble
What Is a Bubble? A basic characteristic of financial bubbles is the suspension of disbelief by most participants when the speculative price surge is occurring: It’s only in retrospect, after the bubble has burst, that they’re recognized (to many an investor’s chagrin). Nevertheless, some economists have identified five stages ofContinue Reading