Investments
Fundamental Analysis: uses intrinsic value when evaluating and evaluating a company's worth and potential to
grow
Intrinsic Value: a measure of an asset’s ( company’s) worth
Fundamental Analysis is the process of examining a company’s financial statements.
The Three Main Financial Statements are:
Balance Sheets
Income Statements
Cash Flow Statements
Balance Sheets: 3 parts
Assets of the company: Cash, real estate, equipment, inventory
Liabilities of the company: debt, accounts payable
Owners Equity/capital: $ that a company raises in an IPO or FPO
Balance sheet: Assets = Liabilities + Owner’s Equity
Income Statement : 2 parts
Revenues - What the company earns from selling a product or service
Expenses - Operations costs, taxes, loan payments
Earnings or Net Income = Revenues - Expenses
A company’s net Income can be used in 2 ways:
A company can Reinvest or dividends with Earnings or Net Income
Cash Flow Statement:
Is a company’s budget, it tells you how the company is spending its money
Market Capitalization:
Def: Total value of a company’s shares in the market
Market Capitalization= Price per share X Outstanding shares
Large-Cap: $10 billion plus
Mid-Cap: $2 billion - $10 billion
Small -Cap: $3 million - $2 billion
Ratios - Price to Earnings Ratio or P/E Ratio:
Current ratio- measures how much money a company has available once its current liabilities are subtracted from current assets
A ratio of 1.5x or 2.0x is considered good
Debt/equity ratio- measures how much debt (loans) a company has as compared to…
Book value- measures how much money would be left if all assets were liquidated and all liabilities paid.
Investors look at BVPS- book value per share to determine if a company is over or undervalued- when comparing it to its stock price
If employer does not provide 401k you can open an IRA account
Trading on margin is borrowing money to buy stock
If stock does not go well you will have to pay interest
Debit acc/checking acc is an acct for transactions
Paying bills from it/write a check
Savings acct. Provides interest
If withdrawing more than 5 times a month fee will have to be paid
Certificate of Deposit is when u put money into the bank for a specific amount of years and they give you better interest on it