Term of the day

Term of the day

Straw Buyer

Individual making the purchase on behalf of another who cannot complete the transaction for various reasons. Straw buying is not necessarily illegal unless the transaction entails fraud or purchasing products for an individual ...

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Building Wealth
Building Wealth
Flashback Friday: Registered Investment Advisor
What does it take to become an RIA? Let today’s Flashback Friday edition guide you through the process.   An RIA pertains to a person or company which provides invest ment recommendations, analyses of investments, and advice to clients according to numerous factors.
Finance for Individuals
Finance for Individuals
When is Early Filing of Social Security Applicable?
In most cases, advisers usually recommend their clients to file their social security at a later phase, as delaying benefits will cause payments to have remarkable increases. This is the case for m ost people.
Financial Literacy
Financial Literacy
Beat the Stress in Five Ways
Many novice investors are guilty of having the fear of the unknown, causing them to make abrupt investment decisions, taking profits prematurely, or incurring too much losses. To keep emotions at b ay, one needs to design a well-rounded trading plan to lessen the stress that comes with investing.
Money Smart
Money Smart
Ready to Buy a Home? Perhaps Not
Everyone dreams of owning a house someday. You may be ready to have one, but your budget is not. Do you want to know why? Likelihood of becoming poor. Many people hasten the proc ess of home buying, especially first timers, without thinking whether they can really afford it or not.
Taxation in Finance
Taxation in Finance
This Is Where Your Taxes Go
We all know part of our salary goes to Medicare, security, taxes, and other deductions. Sometimes, these deductions take a huge chunk of our income. But what exactly is taken from our paycheck?
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