By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview Behind an incredible stock portfolio lies hours and days worth of research and homework. If you’re willing to put in the work, the profits are incredibly worth it in the long run. Time plays a huge role while building the perfect stock portfolio, considering the fact that...Read More
By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview The 50/30/20 budgeting rule is a way to categorize and track your after-tax income expenses into three categories: needs, wants, and savings. To form a clearer picture, 50% of your after-tax income goes to needs, 30% goes towards wants, and the other 20% is for savings. If...Read More
By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Introduction The salary that investment banking(IB) offers is one of the only reasons people take up this career path. But, IB is also notorious for the stress levels that are brought upon with this job. A survey conducted showed that analysts at Goldman Sachs worked 95 hours every...Read More
By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview The term “debt ceiling” depicts the maximum amount of money that the U.S can borrow, and it was created under the Second Liberty Bond Act of 1917. In case the national debt is above and against the ceiling, the Treasury Department turns to other measures in order...Read More
By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview Black Monday occurred on October 19, 1987, where financial markets all over the world crashed immensely, with the U.S stock market specifically falling more than 20% on that day. It was the biggest percentage decline in the history of the U.S stock market shown by how the...Read More
By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview The 2010 Flash Crash occurred on May 6, 2010 which caused many major stocks and indexes such as Dow Jones Industrial Average, S&P 500, and others to decline drastically in a span of an hour. Dow slumped about 1,000 points in just 10 minutes which caused panic...Read More
