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profit and loss statement

An official quarterly or annual financial document published by a public company, showing earnings, expenses, and net profit. Net income is determined from this financial report b ... Read more

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Investing Tip

Why People Trade

by Meir Statman

In summary, people trade for both cognitive and emotional reasons. They trade because they think they have information when they have nothing but noise, and they trade because trad ...

Making an Investment Plan: Tactical vs Strategic Moves

When it comes to creating a successful plan, it’s important to understand the difference between tactical vs strategic investment. This is an issue that c...

Balance Sheet vs. Income Statement

Two of the most significant documents when it comes to assessing a company financially are the balance sheet and the income statement. While they both show impo...

Interview Questions to Ask a Lawyer

Many lawyers offer a free initial consultation, although some charge a nominal fee for their time; find this out before you set up the interview. If you plan to...

The Income Statement

The second type of financial statement is the income statement (also called ‘profit and loss statement’ or ‘statement of operations’). T...

Market Volatility Risk

Understanding the nature of volatility is essential. When you use options to accompany open stock positions, you eventually realize that volatility is going to ...

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