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Playlist Finance: Tax 52 videos

0
Finance: How to Stay Rich
91 Views

How do you stay rich after you...get rich? The focus: index funds, mutual funds, way more stocks than bonds. Three words: don't be stupid.

1
Finance: What is Par Value?
113 Views

What is par value? The notional value of a stock or bond before an offering takes place. When a company is started, founders come up with a par val...

2
Finance: What is the Russell Index?
4 Views

The Russell Index is a series of indices that tracks the progress of stocks in a given basket. Aw. We were hoping it tracked adorable Jack Russell...

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Finance: What is the Russell Index? 4 Views


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Description:

The Russell Index is a series of indices that tracks the progress of stocks in a given basket. Aw. We were hoping it tracked adorable Jack Russell Terriers, or something...

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English Language

Transcript

00:00

What is the Russell Index? Well it's an index like a stock

00:08

index abroad one the Russell is actually a series of

00:12

various indices that track the progress or lack thereof of stocks in a given

00:16

sector or basket like many indices the Russell index is actually owned and/or

00:21

managed by the footsie or f TSI based in London that's the financial time stock [sky scraper in London]

00:27

index F TSI footsie and the indices come in all kinds of flavors with an example [ice cream counter]

00:32

right here where you can see funds with catchy titles like the Russell 3000

00:38

growth and the Russell 1000 value and the Russell mid cap yeah the Russell

00:43

micro cap and the anemic Russell top 200 it's only 200 companies there and that

00:49

top 200 yeah no relation to top gear the video Yelp of cars alright well why do [Top Gear website with Nissan Leaf charging]

00:54

we need yet another set of indices well we already have the Vanguard series

00:58

featuring the famous ticker s py or S&P 500 we have the Wilshire 5000 which

01:03

isn't really 5000 and we have a bunch of others each of which give market

01:08

insights from slightly different lenses like that and that and yeah that well [microscope, magnifying glass]

01:12

the answer because investors are willing to pay for those insights and/or invest [money passing hands]

01:17

in those index funds and will likely keep doing so until there's no more [money piling up]

01:22

money to be made at which point everything gets renamed to being an out

01:26

Dex

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