Posted on: Oct 27, 2014 by Nicole Lapin | 0 Replies |
Today’s $$ Word: Russell 2000 Index.
Russell 2000 Index: An index measuring the performance of around 2,000 smaller companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. Because it reps the “little” guys (who actually aren’t so little: the average market capitalization for Russell 2000 companies is between $300 million and $2 billion) the Russell 2000 serves as a benchmark for small, or“small-cap,” stocks in the United States.
Posted on: Oct 20, 2014 by Nicole Lapin | 1 Reply |
Today’s $$ Word: Liquidity.
Liquidity: Your ability to pay now – having liquidity means you have cash. Note that even the wealthy can sometimes be illiquid if they own an illiquid asset (real estate, say) that can’t be turned into ready cash.