Important Investing Abbreviations That You Should Know
November 23rd, 2009There are a lot of abbreviations in the field of stocks investing and it is very important as an investor that you should know each of them and make use of these abbreviations. Being able to make use of these investing terms and being able to understand each of them will help you communicate with other investors better and it can also help you become a better stocks investor in the long run.
The DJIA or the Dow Jones Industrial Average is one of the most important abbreviations you need to know since it functions as the gauge of the US Stock Market. The DJIA is composed of thirty blue chip companies which are highly traded.
The NASDAQ, on the other hand, stands for National Association of Securities Dealers Automated Quotations. The NASDAQ is one of the largest stock market based on dollar volume where most of the shares are from technology companies.
Along with these two popular investing abbreviations are some important terms that you should be aware of, especially with finance & accounting software. Understanding and making use of these terms will help you a lot in making successful stocks investments.