Fortune 500
What is the Fortune 500? The Fortune 500 is an annual list of the top 500 United States companies by total revenues – public and private included. The list is compiled and published by Fortune Magazine, which is based in New York, USA. History of Fortune Magazine Founded in 1929 by Henry Robinson Luce, Fortune...
Zero-Coupon Bond
What is a Zero-Coupon Bond? A zero-coupon bond is a bond that pays no interest and trades at a discount to its face value. It is also called a pure discount bond or deep discount bond. U.S. Treasury bills are an example of a zero-coupon bond. Understanding Zero-Coupon Bonds As a zero-coupon bond does not...
Par Bond
What is a Par Bond? A par bond refers to a bond that currently trades at its face value. The bond comes with a coupon rate that is identical to the market interest rate. Understanding a Par Bond A bond’s coupon rate is the rate of interest paid by the bond issuers on the bond’s...
Dogs of the Dow
What are the Dogs of the Dow? The Dogs of the Dow refers to a stock-picking strategy that uses the ten highest dividend-yielding stocks from the Dow Jones Industrial Average (DJIA) each year. The Dogs of the Dow strategy, a long-term investment strategy, was popularized by American money manager and author Michael B. O’Higgins in...
Stock Index
What is a Stock Index? A stock index, also called a share index or stock market index, consists of constituent stocks used to provide an indication of an economy, market, or sector. A stock index is commonly used by investors as a benchmark to gauge the performance of their portfolio. Examples of stock indexes include...
