Start Early, Invest Now

Picture this: There are two groups of people who are in their golden years. The first group enjoys a lavish lifestyle because they invested early, while the other one is barely scraping by since th ey had no investment at all.

Investment Instruments

Understanding Bid-Ask Spread

The bid-ask spread is the difference between the bid price and ask price of an instrument. That spread is a significant factor one should take into consideration when investing. But, in some instan ces, traders fail to realize the underlying cost of investing in any security.

Money Smart

Make the Most of Your Retirement Nest Egg

Many people come up with plans to reach retirement but not living through their golden years. Sure, having a sound plan goes a long way to ensure stress-free retirement years. But it is also import ant to determine how to budget your retirement income.

Taxation in Finance

Three Interesting Trivia regarding Income Tax

Every individual is a taxpayer. The government utilize such payments to fund their projects and uphold the best interests of their people. Most nations implement a progressive tax scheme in which h igh earners settle a higher bill than low income earners.

For Beginners

Cross currency rates

Cross currency rate stands for pairs of currencies that do not include the U.S. dollar. Cross currency rate can also be called cross currency or simply cross. Historically, an individual who wished to exchange a sum of money to a different currency would be required to first convert that money into the U.