Trading Ideas

No Picture
Trading Ideas

Why Do Investors Hold A Long Position?

September 12, 2021 admin Comments Off on Why Do Investors Hold A Long Position?

If you contribute to a retirement account, you’re engaged in a long position. Long positions are trades or investments held with the expectation that they’ll appreciate in value over a long enough period of time. The goal is to ride price appreciation higher and higher, until it reaches a peak or the time horizon of the investment comes to a close. In any case, investors expect to walk away with accumulated wealth.
The length of this position depends on the investment thesis. Generally, any investment held over a year is a long position—at least, in the eyes of the IRS. …read more […]

No Picture
Trading Ideas

What is an Internal Audit?

September 11, 2021 admin Comments Off on What is an Internal Audit?

Public companies are subject to all types of audits—especially when it comes to their financial record keeping. There are external audits of financial documents, as well as internal audits of the controls behind financial reporting. While the former involves external third-party accountants, an internal audit is performed by an entity’s own accountants. Together, they’re two sides of the same coin: one focused on transparency.
Internal audits became an important staple for public companies after the passage of the Sarbanes-Oxley Act of 2002. This piece of legislation holds managers legally responsible for the accuracy of a company’s financial statements. As a …read more […]