Alternative Investments: What are they?

Everyone knows about traditional investments such as stocks, bonds, and mutual funds. However, there are also Alternative Investments which are unconventional investments. Some common alternative investments that every one should know about are Hedge Funds, Real Assets (comprised of Real Estate, oil, precious metals, commodities, etc.) , Private Equity, and Venture Capital. 1) Venture Capital Venture Capital is…

Let’s Talk Bikes: Tinkoff Saxo on the Verge of Sale

This past July, during the Tour De France, the owner of team Tinkoff Saxo, Oleg Tinkov, announced that he will be selling the team and leaving the cycling world. One of the biggest names in cycling, leaving? An interviewer from Cycling News gives us some of his reasons. Oleg Tinkov has been a major sponsor of Team…

Mortgages: Fixed Rate or Floating Rate?

When a bank lets you take out a mortgage to buy your house, you will be expected to pay back interest throughout the tenor of the mortgage. The bank will let you choose one of two ways to pay back this interest: Fixed rates or floating rates. What’s the difference? Floating Rates A floating rate…

Stock-Trading Tips for Beginners

*Disclaimer: This advice is primarily targeted at traders (short-term), not investors who are investing long term. (People use the terms ‘trading’ and ‘investing’ interchangeably which is a HUGE NO-NO– Investing=expecting Long-term gains, Trading=expecting Short-term gains)   1) Understanding what your goal is and which brokerage company to use -Before entering the stock market, understand what you are…

How does a federal interest rate hike affect me?

The Federal Reserve controls the interest rates of loans. These interest rates affect two main components of the economy: They control the amount of interest all newly issued government bonds pay back. A raise in the federal interest rate will effectively raise the cost of borrowing money. The Federal Reserve however does not issue loans…

Difference Between Sector and Industry

People often use the words ‘sector’ and ‘industry’ interchangeably. I’ve done it. You’ve done it. We’ve all done it. Hopefully, after reading this blog post, you’ll never make this mistake again, especially in future business interviews, or public presentations. The difference between Sector and Industry pertains to their scope. The word ‘Sector’ has a broader scope,…

Introduction

Hey Everyone! Don’t you hate it when you read confusing, long articles that frustrate you and waste your valuable time? Well, this is the main problem that we, TheConciseSlice team, want to solve. We will produce interesting, clear, and concise content of all topics, ranging from business to New York City culture. We are simply a…