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Get to Know the Financial Regulators in the US

Federal Reserve Board. A product of the Federal Reserve Act in 1913, the institution is accountable for money, overall credit conditions, and liquidity in the country. As stated in the Act, the FRB aims to promote maximum employment, stable prices, and long-term interest rates.

Road to Becoming a Managing Director

It takes a bachelor’s degree, a two-year internship, an MBA program, and at least an excellent work experience to become a managing director in a bank. An average investment banker works betw een 90 and 119 hours a week, equivalent to more than 16.

Bond Portfolios 101

Bond portfolios are one of the least popular investments. Although it has a vital role in overall asset allocation, many traders, especially the novice ones, do not notice what bonds can do to thei r portfolio.

What`s in a Pet Insurance?

You love your pets more than anything else, and you will do everything in might to protect your four-legged best friend. You even created a pet emergency fund to cover unexpected pet costs. Sure, t his is a good idea: saving for the rainy days.

Lower Your Alternative Minimum Tax Like a Pro

Income taxes are computed in two ways: using the standard tax system and the alternative minimum tax. The alternative minimum tax seeks to ensure taxpayers pay at least the minimal amount of income tax.


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Term of the day

Term of the day

High-Water Mark

The highest peak in value an investment fund has reached.