Term of the day

Term of the day

Privity

A legal interpretation in contract law where contracts are only binding on the parties signing the contract. The idea is that, contracts are private agreements among the signatory parties which should have no bearing on others ...

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Building Wealth
Building Wealth
Retirement Planning: Be Calm, Be Flexible
If you find yourself too comfortable with your investment plan for retirement, it is high time to change that mindset and embrace flexibility. Here’s why.   I nterest Rate Can Impact Investment Returns People who save for retirement have placed their money in bonds, believing it is a safe way to grow their fund.
Finance for Individuals
Finance for Individuals
Financial Advisors Shift to Subscription Model
Financial advisory companies use an assets under management (AUM) model to levy fees to their clients. The structure gauges the success of assets relative to the competition, encompassing the growt h/decline because of new money inflow/outflow and capital gains/losses.
Financial Literacy
Financial Literacy
A Breakdown of Unemployment Impact
The word unemployment is one of the most feared terminologies in both finance and economic sector. Despite studies suggesting that there will always be a natural level of jobless rate which cannot be erased, having  no source of steady income has negative effects not only on the individual but on the country as well.
Taxation in Finance
Taxation in Finance
How Taxes Affect an Individual`s Behavior
Taxation refers to the act of levying tax on an activity, income, or product. Imposed by the government, it is applicable to all types of taxes, including gift and estate taxes. The primary objecti ve of taxation is to fund government expenditure.
For Beginners
For Beginners
Glossary. The Major Forex Market Terms.
Forex Foreign Exchange – a term meaning conversion operations – deals of currency market agents of exchanging the specified amounts of one country currency to another one at a negotiate d price for a certain date.
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