The pros and cons listed below assume the company is operating in an inflationary period of rising prices. The last-in, first-out (LIFO) method assumes that the last unit making its way into inventory–the newest inventory–is sold first. Therefore, the older inventory is left over at the end of the accounting…

Billionaire investors conduct careful research into every stock they buy, which is why it’s worth checking out what they are buying (or selling). Fortunately, investment firms that manage more than $100 million are required to disclose their holdings with the Securities and Exchange Commission (SEC). Because of that, you won’t…

There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. The Dow Jones industrial average finished above 40,000 for the first time on Friday afternoon, doubling where the index hit shortly after Donald Trump…