• Finance Basics

    Bonds 101

    What is a bond? Earlier we talked about how corporations are a legal entity who can buy buildings, desks, chairs and computers and can hire or fire employees. Well they can also borrow money. A bond is essentially an IOU…

  • Finance Basics

    Stocks 101

    Before exploring stocks bonds and mutual funds we must first understand the concept of a “corporation.” A corporation is a legal entity that is somewhat like a person. A corporation can own things like buildings, desks, chairs and computers. It…