jolosd
New Contributor
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- Apr 14, 2024
- 7
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I will directly quote the book and realized I lacked technicalities.
"Many perfectly intelligent people lack rudimentary knowledge of basic financial concepts such as:
✓Interest rates
✓Taxable and non-taxable yields
✓Amortization of mortgages
✓The balancing of a check book
✓Basic percentage calculations
✓Calculating return on investment
✓Why stocks rise and fall
✓Why a guaranteed 15% return on a bank CD is screaming, “scam!”
✓How stock options work, such as calls and puts
✓Why insurance exists
✓How a mutual fund works
✓What bonds are and how they rise and fall
✓Global currency"
Where do I learn most of these stuff and others that aren't mentioned? Obviously, I know ROI, leverage etc.. but is there a "concentrated" curriculum, online course, book, or readings and whatnot that I can consume online? Or do I just learn these stuff as I start my ventures. Thanks for the answers.
"Many perfectly intelligent people lack rudimentary knowledge of basic financial concepts such as:
✓Interest rates
✓Taxable and non-taxable yields
✓Amortization of mortgages
✓The balancing of a check book
✓Basic percentage calculations
✓Calculating return on investment
✓Why stocks rise and fall
✓Why a guaranteed 15% return on a bank CD is screaming, “scam!”
✓How stock options work, such as calls and puts
✓Why insurance exists
✓How a mutual fund works
✓What bonds are and how they rise and fall
✓Global currency"
Where do I learn most of these stuff and others that aren't mentioned? Obviously, I know ROI, leverage etc.. but is there a "concentrated" curriculum, online course, book, or readings and whatnot that I can consume online? Or do I just learn these stuff as I start my ventures. Thanks for the answers.
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