Learn what capital markets are and how they work. Explore investments such as stocks, bonds, mutual funds, and commodities and the skills you need to be a successful investor.
Overview
Syllabus
Introduction
- Capital markets and investment decisions
- Disclaimer
- Risk and return in the stock market
- Major US markets
- The shrinking stock market
- International markets
- Regulation and the capital markets
- What are stocks?
- Investing in stocks
- Stock market operations
- Setting up stock market accounts
- The bid-ask spread
- Buying and selling in the stock markets
- Shorting and going long
- Stock market indices
- Stocks, ETFs, and mutual funds
- Basics of stock valuation
- Earnings reports and major stock events
- Returns in the stock market
- Risk in the stock market
- Value and growth stocks
- Call options and stocks
- Put options and stocks
- Bond market basics
- Investing in bonds
- Bond valuation in Excel
- Bond yields in Excel
- Three important relationships in bonds
- Returns on corporate bonds
- Treasury bond markets
- Treasury auctions
- Municipal bond markets
- Municipal bonds and the tax exemption
- Bond ratings and municipal bonds
- Trading in municipal bonds
- FX markets basics
- Buying and selling in FX
- FX arbitrage
- Commodity markets basics
- Buying and selling in commodities
- Commodities and contango
- Next steps
Taught by
Michael McDonald