I am thirty two years old and cannot see when I’m ever going to be able to buy a house. Growing up, buying a house is a big part of the expected life path of the western world. Get educated, find a career, find love, get married, buy a car, have kids, buy a house then retire and die. The economy loves that series of events because it keeps you in a perpetual state of spending. Continue reading My house dreams and nightmares
What is an IPO?
An IPO is the first time that the stock of a private company is offered to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but they can also be done by larger companies looking to become publicly traded. IPO stands for initial public offering, and is essentially a company issuing equity to potential shareholders for a price. Continue reading Best IPO’s of 2016 broken down
The profit and loss account is a way to look at the past performance of your company. Its different to a balance sheet which is a snapshot of the present, and the cash flow forecast which is a look into the future. All profit and loss statements have these important categories;