‘Santa Ben’ pumps up stocks

Nov 30

‘Santa Ben’ pumps up stocks

Markets jump on comments from Fed chief Bernanke that the central bank will remain ‘alert and flexible.’ Oil prices fall below $90. Dell reports a jump in profit but misses Wall Street’s estimates. Motorola CEO Zander steps down.

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Investing

Investing is a term with several closely-related meanings in business management, finance and economics, related to saving or deferring consumption. An asset is usually purchased, or equivalently a deposit is made in a bank, in hopes of getting a future return or interest from it. The word originates in the Latin "vestis", meaning garment, and refers to the act of putting things (money or other claims to resources) into others' pockets.

Differences

The term "investment" is used differently in economics and in finance. Economists refer to a real investment (such as a machine or a house), while financial economists refer to a financial asset, such as money that is put into a bank or the market, which may then be used to buy a real asset.

Investing guide