Women in financial services on Wall Street comprise 54% of the total work force, but make up only 16% of senior executives and 0% of the CEOs, according to an analysis of the Bureau of Labour Statistics by Catalyst. In large banks and hedge funds on Wall Street, women make up the majority of workers…
Online trading has revolutionized the stock market. Instead of being an obscure concept that seemingly only a select number of brokers in New York have access to, it is now available to anyone that is over 18 and wants to set up an account. There are a number of different platforms to do so; in…
Forty years ago when you bought stocks, you would visit your broker. He would then fill out a trade ticket and call it in. Your confirmation would be receiving a paper certificate showing that you were the owner of the stock. Twenty years ago you would still have to use a broker to buy your…
Many times people will try to save money by doing their investments on their own. They spend hours studying their portfolio, and analyzing which investment bonds, mutual funds, stocks, and other products they should include. Managing your own portfolio is possible, but sometimes it is more worthwhile to hire a wealth management advisor to do…
So, you’ve got your finances in order and you’re ready to invest. Now’s the tricky part: which sectors should you invest in? It can be tough deciding which risks to take, especially when it comes to money. It might feel scary investing in sectors you don’t fully understand or know much about, but you don’t…
The dollar lost ground on Friday on the heels of the Labor Departments release of a slightly worse than expected employment report, which allowed bond prices to rally, reducing yields across the interest rate spectrum. The data eroded the value of the greenback, which saw interest rate differential move in favor of the yen and…
This is Troy’s second post here at One Smart Dollar. Check out his first one here. It’s easy to make money in bull markets. All you have to do is buy, hold, and do nothing. That’s why in bull markets, every one makes money except the perennial bears. However, what if we want to increase…