Financial Risk Management Explained – A Beginner’s Guide

Financial risk management is concerned with the adverse effects inflicted by uncertain economic conditions and changes in the marketplace on the operational performance of the business firm. The main roles associated with it include risk identification, risk evaluation, and risk treatment. There are three major parts to financial risk: market risk, credit risk, and liquidity …

Long-Term vs Short-Term Investing: Which Strategy is Right for You?

Investing is one of the best ways through which a person can gain wealth and become financially independent. However, determining the best strategy that fits your financial goals may not be an easy task. There are two investing approaches, that are often in question; long-term investing and short-term investing, both of which, have their merits …