30-Second Money : 50 Key Notions, Factors, and Concepts of Finance Explained in Half a Minute

Stock-market crashes show how the world of high finance can negatively impact our daily life, but smart money reveals a two-way street where those savvy to the science of finance can take their personal wealth up a gear. What is a hedge fund? How best to understand private equity? What are the principles of investment? __30 Second Money__ balances key features of personal finance with those of the financial markets and economic concepts, explaining how mass monetary systems relate to one’s own money management choices. From basic concepts like risk and return to types of borrowing, investment, and risk management, everything is explained without jargon or complexity. This is the handbook that gives the reader an edge in any business conversation. This book sums up the essential assets and liabilities of modern finance, from the ways in which investments are managed and currencies are controlled to the shadier side of banking and the causes of the Global Financial Crisis. In 50 financial statements you can discover what happens when inflation gets out of control, how compound interest can boost an investment, and how central banks manage money supply. Each entry uses just 300 words and a single picture to explore the key concepts of how money works