Investment Education

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    Accelerate your knowledge of stocks, funds, options, convertibles and the economy. Get the most from Value Line research -- through must-read articles that make you a smarter investor.

    Investment education at your fingertips
  • Glossary

    Know the terms before you draw conclusions.  Access Value Line’s comprehensive, easy-to-search dictionary of financial and investment terms anytime you need it.

    Glossary
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    Master the how-to’s of picking stocks, planning an investment strategy, studying Value Line’s proprietary analysis, getting the most from Value Line’s research products, and more.

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    Value Line has been providing investment research since 1931. Value Line was built upon our founder's passion for discipline and objectivity as it applied to the basic analysis of a company's financial statements. Value Line University was created to help people take that same passion and apply it to their own investment portfolios.

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Featured Educational Articles

Stocks

GAAP, “Items”, And Adjusted Earnings - Sometimes a Strange Tale

It is axiomatic that a company’s stock’s price is the present value of all future cash flows it is likely to pay out, and that earnings constitute one gage of a company’s economic value. Unfortunately, there is often a lot of smoke between published profits according to generally accepted accounting principles and the real output of a company. Read more

Funds

Fund Share Classes – From A to Z

When looking to either initially build out a portfolio or add to an existing one, investors need to spend a significant amount of time researching different fund families and often multiple funds within a family with varying objectives. Read more

Convertibles

What is a Convertible Bond?

Convertible bonds represent a debt of the issuing corporation and are commonly designated by the rate of interest paid and the year of maturity. The price at which a convertible is traded is quoted as a percentage of $1,000 (or Read more

Options

What is an Option?

Most investors are looking for a way to either increase their returns or reduce their risk. Though options have the ability to do both these things, many people don’t understand what options are or how to use them. They also think that options are too difficult and complex to learn, though once learned, the endless supply of options combinations tends to be a blessing, not a curse. People who don’t understand options are missing out on the many strategies that can enhance returns and lessen risk. Read more

Economy

A Discussion of the Gross Domestic Product

The gross domestic product, popularly known as the GDP, is the total value of the output of all goods and services produced by labor and property within the United States. The purveyor of this news is the National Bureau of Economic Analysis, which is an agency of the U.S. Department of Commerce. Estimates of such data are issued quarterly, with two subsequent monthly revisions being released. The initial estimate of a quarter’s GDP is issued late in the month following the end of that three-month period. First and second revisions come out the following two months.  It should be noted that this initial estimate of a quarter’s GDP is based on data that are incomplete. Accordingly, there can be some dramatic revisions as surveys become more complete.
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Glossary

Term of the day

Term of the day

Finding Cost (Natural Gas [Diversified] and Petroleum Industries)

The amount of money spent per barrel to increase proved reserves through acquisitions, discovery, or enhanced recovery.