Term of the day
A psychological trap that leads people to make irrational choices when making spending decisions. The relativity trap is often exploited by savvy marketers to persuade consumers into making a spending decision that maximizes th ...
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Information Ratio - IR
Ratio of portfolio returns over a benchmark returns to the volatility of these returns. The ratio gauges a portfolio manager’s capability to ...
Pell Grant is a program that award money to qualified undergraduate and, in specific situations, post-baccalaureate students. Grant amounts are det ...
Official public statement of a firm’s profitability for a given time period, normally a quarter or a year. It is usually made on a specific d ...
If securities held in a mortgage backed security are prepaid, then a decrease in the assets will cause a portfolio runoff. These types of mortgage ...
Firm’s earnings from its main or primary business operations, minus all expenditures and revenue from non-core activities. It excludes earnin ...
Investing Dont’s for Newbies
The thought of ramping up your wealth through investments may sound appealing but if you are a beginner in this field, it is crucial to remember that despite the satisfying yields it can give you, it can also expose you to a number of risks that may cause you to lose all your funds.
Settle Your Mortgage Without Being Broke
Yes, you read that right. There are some ways, at least five, to pay down a mortgage without sacrificing your budget. Let me teach you the ways. Choose a 15-Year Mortgage A 15-year mortgage requires a higher monthly payment, but it is well worth the sacrifice.
Taxation in Finance
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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