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Buying on margin: Easy explanation. [Video]

In this video, you will learn about margin in buying assets. #margin #buyingonmargin #wallstreetmojo #leverage #financialmarkets Chapters: 00:00 – Introduction 00:26 – What does buying on margin mean? 01:35 – Characteristics of buying an asset on margin 02:48 – Types of buying on margin 04:06 – Advantages 05:24 – Disadvantages 06:00 – Conclusion What does buying on margin mean? Buying on margin is an investor buying a house, shares in the stock market, or any other financial asset by paying just a part of the total amount, which is a down payment, and banks or brokers finance the remaining. (Explained in detail in the video) Characteristics of buying an asset on margin If an investor buys any financial asset on leverage, they pay only a fraction of the total value of the asset, and the remaining is loaned to them by the broker. At the end of each trading day, the margin account will settle to reflect EOD gain or loss. This is also known as marking to market. Leverages usually depend on brokers and regulators if they bring in rules to cap the leverage offered to traders. The margin amount depends on the trader's objectives and acts as collateral for the loan. Brokers usually calculate margin to reduce their risk. (Explained in detail in the video) Types of buying on margin Initial margin Maintenance margin Variation margin Clearing margin Advantages Margin reduces the possibility of default as it makes the trade cheaper. Also, margin can amplify traders' potential gain on the trade. (Explained in detail in the video) Disadvantages Margin can also amplify losses, which can blow up the entire capital. In addition, brokers may charge interest on the money they loan to traders, which may increase trade costs. This was all about buying on margin. So subscribe to the channel, and don't forget to like the video. ========================================================================== Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► https://twitter.com/wallstreetmojo

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Resources for Accountants

Making more time to study: Planning [Video]

According to recent surveys, lack of time is the number one reason why we put off our CGMA studies. This 4-minute guide is the first in our series focussing on how to address this. More specifically, we hear from an expert in learning science outline the 'Plan backward/Record forward' approach – an effective way to crucially link your plan to your desired goal. #CGMA #planning #studying

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Making more time to study: Technology [Video]

According to recent surveys, lack of time is the number one reason why we put off our CGMA studies. This 5-minute guide is the second in our series focussing on how to address this. More specifically, we hear from an expert in learning science outline how technology can silence distractions, aid study planning, and make your learning more effective. #cgma #technology #studying

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Making time to study: Prioritise [Video]

According to recent surveys, lack of time is the number one reason why we put off our CGMA studies. This 4-minute guide is the third in our series focussing on how to address this. More specifically, we hear from an expert in learning science outline how prioritisation techniques can be applied to your CGMA studies ensuring you focus on the right activities in the run up to your exams. #cgma #prioritizing #studying

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Resources for Accountants

How to be a successful Bookrunner [Video]

In this video, you’ll learn about bookrunners and their role in carrying out IPOs and debt issuances.#bookrunner #ipo #wallstreetmojo #underwriter #investmentbankChapters:00:00 – Introduction00:37 – Who is a bookrunner?01:34 – What does a bookrunner do?02:42 – Example04:13 – ConclusionWho is a bookrunner?Companies deciding to go for an IPO or issue debt would appoint an investment bank to act as underwriters or bookrunners.It may happen that an underwriter delegates some of its work to other investment banks if the workload is too much or if the latter has more experience and expertise in the work.In such cases, the former becomes the principal underwriter or the bookrunner and would be responsible for ensuring that the entire process happens properly and smoothly.What does a bookrunner do?The primary function of a bookrunner is to carry out their role as underwriters and see to it that everything happens properly. If there are multiple underwriters, the bookrunner’s role is to coordinate with everyone and maintain coherence and efficiency.A bookrunner is also responsible for maintaining the books of the companies or investors. They must ensure everything is in place and up to the code. This is a responsible task as any false information could lead to legal issues.Finally, the bookrunner’s role is to represent the syndicate of investors or borrowers that are the bookrunner’s clients. So they have to represent them, put the client’s interests over their interests, and ensure they protect their clients from as much risk as possible.ExampleA company going for an IPO would appoint an investment bank. The investment bank would act as an underwriter or as a bookrunner.Their first job is ensuring the company’s books are in order. The SEC would then scrutinize this.The bookrunner’s role is to represent the syndicate of investors or borrowers that are the bookrunner’s clients. So they have to represent them, put the client’s interests over their interests, and ensure they protect their clients from as much risk as possible.(Explained in detail in the video)This was all about bookrunners. We regularly upload such content on finance, so subscribe to the channel. Also, don’t forget to like the video.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo

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Resources for Accountants

How to Make a Pivot Table in Excel with Examples [Video]

This video shows how to create and use pivot tables in Excel using a dataset for a fictional retailer. The dataset, which consists of 10,000 transactions, contains data for 3 different customer types. The video shows how to create pivot tables to quickly answer questions about each customer type, such as the gross profit for each customer type. — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING • A 44-PAGE GUIDE TO U.S. TAXATION • A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS • MANY MORE FREE PDF GUIDES AND SPREADSHEETS * http://eepurl.com/dIaa5z — SUPPORT EDSPIRA ON PATREON *https://www.patreon.com/prof_mclaughlin — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/ * https://michaelmclaughlin.com

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Resources for Accountants

How (and why)I Perform Bank Reconciliation (As a CPA) [Video]

Rather than manually entering journal entries, you 100x better off uploading the JE via Excel to the Accounting software. I show you how, watch the full video. Enroll in the Controller Academy 🚀 https://thefincontroller.com/p/controller-academy —————————— My other best selling courses: 🔥Take 30% off when you enroll in my online course “Night Before the Accounting Interview Guide” including All Levels Q&A🔥: https://thefincontroller.com/p/the-night-before-your-accounting-interview-course-for-all-levels?coupon_code=30OFFCOURSE 📈Get My “Controller KPI Dashboard” (Excel + Course) with the most important P&L and Balance Sheet KPIs: ​https://thefincontroller.com/p/controller-kpi-dashboard-one-kpi-dashboard-to-run-a-business​ ——————————————————————— Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller 🙋🏼‍♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666 DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice

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How to Improve Your Problem Solving Skills | Tips to Solve Problems for Business Managers [Video]

Discover How to Improve Your Problem Solving Skills. Go to https://www.bizmove.com to get a free business plan template, plus dozens of tools for managing and starting a business, featuring dozens of templates, books, worksheets, tools, software, checklists, videos, manuals, and spreadsheets. All completely free, no strings attached. Also see here how I managed to save hundreds on car insurance (my dirty little trick): https://www.bizmove.com/auto-car-insurance.

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BOOKIE- Responsibilities of bookies. Is it legal?: Easy explanation. [Video]

In the second video of the 2 part video series on bookies, you will learn about the responsibilities of bookies and whether they are legal or not.Chapters:00:00 – Introduction00:24 – Responsibilities of a bookie01:45 – Examples02:18 – Are bookies illegal?Responsibilities of a bookieBookies have to determine the events’ true odds and make sure that bettors get to see these odds.Bookies must collect bet money, keep it safe until the match goes on, and settle the amount.They also must constantly update the odds and ensure everything is working fine.(Explained in detail in the video)Finally, bookies must look out for any malpractices by bettors and keep underage gamblers away from their platform.(Explained in detail in the video)ExamplesIn the 2020 US Presidential elections, people were betting on who’d be the next US President.Sportsbet, an Australian bookmaker, paid $16.5 million on 100,000 bets on Joe Biden winning the elections.(Explained in detail in the video)Are bookies illegal?The legality of bookies depends on the jurisdiction of the country. If the country has laws that make bookmaking illegal, then bookies cannot operate in those countries.But if bookmaking is not made illegal, then bookies need to have a license for bookmaking to operate.(Explained in detail in the video)This was all about bookies in this 2 part video series. Subscribe to the channel, so you don’t miss out on the content we regularly upload.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo

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Resources for Accountants

BOOKIE-Who are they and what they do?: Easy explanation. [Video]

In this video, you’ll learn who a bookie is and what they do.Chapters:00:00 – Introduction00:44 – Who is a bookie?01:44 – How does a bookie work?03:17 – DisclaimerWho is a bookie?If you’re looking to gamble, you’ll give your money and place your bet with a bookie.A bookie could be an individual or even an organization that takes bets. Bookies can also be online or offline, depending on the nature of their business and how they take bets.How does a bookie work?A bookie introduces bettors to the betting markets, and a bookie will be the link between the bettor and the market.People can place bets with the bookie, and the bookie will generally tell them about the odds. Then, once the game is over, people can claim their money from the bookie if their bet was right.Bookies would take a cut from the bet amount, while some bookies design the odds so that they always earn money irrespective of who wins and who loses. This is how they earn.(Explained in detail in the video)DisclaimerThere will always be the risk of you losing your money in betting. So you should know what you are getting into and be prepared to face the consequences if things don’t go according to you.This was about the introduction to bookies. We will upload a part 2 video on this topic soon. So make sure you have subscribed to the channel.==========================================================================Subscribe to Our Channel –Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/Twitter https://twitter.com/wallstreetmojo