Advanced module
Instruments beyond stocks
Mutual funds, ETFs, bonds and a sober look at derivatives β what each is for, and what each can do to you.
1Funds
Pooled vehicles β how they work, what you pay, and how to pick one without falling for the marketing.
2Fixed income & alternatives
Lending instead of owning β and the other building blocks beyond stocks and bonds.
3Derivatives & leverage
Powerful, legitimate tools β and the fastest way for an ordinary investor to lose money. A sober look.
- 5
Derivatives: a sober warning before the thrill
What futures and options really are, and why most retail F&O accounts lose money.
14 min read
- 6
Options without the gambling: the honest basics of calls and puts
Calls, puts, strikes, premiums and payoffs β understood as a tool, not a slot machine.
14 min read
- 7
Futures and hedging: insurance, not a casino
How futures and margin really work, and the difference between hedging a real risk and gambling on one.
14 min read