Reviewed by Gordon ScottFact checked by Suzanne Kvilhaug When a trader looks at the price chart of a stock, it can appear to be completely random movements. This is often true and, yet, within those price movements are patterns. Chart patterns are geometric shapes found in the price data that can help a trader understand the price action, as well as make predictions about where the price is likely to go. Traders often assume that an occurrence of a continuation pattern indicates that a price trend is likely to continue, but experienced traders accept the idea that no pattern is perfectly ..read more

Reviewed by David KindnessFact checked by Suzanne KvilhaugWhat Are Key Financial Ratios for Pharma? Pharmaceutical companies have been top performers in the healthcare sector in an era of aging populations, rising healthcare costs, and the ongoing development of new and extremely profitable medicines. Investors seeking to invest in the best pharmaceutical companies are faced with a wide array of publicly traded companies from which to choose. To make informed choices, investors need to consider the key financial ratios that are most helpful in the analysis and equity evaluation of pharma firms ..read more

Reviewed by Akhilesh GantiFact checked by Vikki Velasquez Walmart (WMT) is one of the largest discount and superstore retailers in the world. The company, which was founded in 1962 by Sam Walton in Arkansas, offers a wide variety of merchandise through its traditional brick-and-mortar retail outlets as well as its growing ecommerce business. Walmart sells a dizzying breadth of items, including apparel, housewares, small appliances, electronics, musical instruments, books, home improvement, shoes, jewelry, pharmaceutical products, automotive tools, groceries, and more. Walmart operates approxim ..read more

juststock / Getty Images Reviewed by JeFreda R. Brown Mutual funds can be complicated. It’s easy to go down a rabbit hole looking for information, especially for new investors who don’t know where to start. Many investors often passively trust their funds to a financial advisor or leave them undisturbed and unmonitored in their 401(k) plan. While advisors are useful and often irreplaceable partners in your financial journey, the best investors know their holdings. However, this doesn't mean you have to pore over massive and poorly organized spreadsheets. A mutual fund fact sheet allows even t ..read more

See how you compare—and whether you have enough saved for retirement Nashville: How Do I Invest for Retirement? p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Helvetica Neue'; color: #454545}span.s1 {text-decoration: underline ; color: #e4af0a}Didn't make it to Nashville? Take the financially fit quiz HERE for your chance to win an Apple Watch or $5000 travel voucher.* The Financial Fitness Tour asked Nashville to share their biggest retirement questions.     *No purchase necessary. Void where prohibitted. Reviewed by David KindnessFact check ..read more

Tips To Make Next Year’s Taxes Less Stressful A bit of preparation can make next year’s taxes easier to handle.  Fact checked by Suzanne KvilhaugReviewed by Lea D. Uradu You must strategically deduct losses in the most tax-efficient way possible to get the maximum tax benefit in years that are characterized by significant stock losses from almost everyone's portfolios. There's at least a small comfort in knowing that these losses can help you reduce your overall income tax bill. But tax regulations make some approaches and timing more effective than others. Key Takeaways Realized capi ..read more

Reviewed by Ebony HowardFact checked by Vikki VelasquezAutonomous Consumption vs. Induced Consumption: An Overview The key difference between autonomous consumption and induced consumption lies in the factor of income. Those with little to no income will generally still have to spend money to live and that is considered autonomous consumption. People with a great deal of disposable income produce induced consumption. These people have money to spend or invest, even after all basic needs are met and all necessary bills are paid. Key Takeaways Autonomous or mandatory spending by the federal g ..read more

Reviewed by Amy DruryFact checked by Michael Rosenston While it may sound boring or esoteric, financial accounting plays a key role that allows businesses to keep track of all their financial transactions. It is the process in which companies record and report the pieces of financial data that go in and out of its business operations that allow both company managers and outside investors and analysts to understand the company's health and make informed decisions. Key Takeaways Financial accounting involves recording, summarizing, and reporting the stream of transactions and economic activit ..read more

Reviewed by Michael J BoyleFact checked by Ariel Courage Aggregate demand is a macroeconomic concept representing the total demand for goods and services in an economy. It's often used as a measure of economic well-being or growth. Both fiscal policy and monetary policy can affect aggregate demand. Fiscal policy impacts aggregate demand through changes in government spending and taxation. Those factors influence employment and household income, which then impact consumer spending and investment. Monetary policy impacts the money supply in an economy, which influences interest rates and the inf ..read more

Reviewed by Robert C. KellyFact checked by Yarilet Perez One of the most disconcerting problems to Adam Smith, the father of modern economics, was he could not resolve the issue of valuation in human preferences. He described this problem in The Wealth of Nations by comparing the high value of a diamond, which is unessential to human life, to the low value of water, without which humans would die. He determined "value in use" was irrationally separated from "value in exchange." Smith's diamond-water paradox went unsolved until later economists combined two theories: subjective valuat ..read more