Term of the day

Term of the day

Bond Discount

Amount in which a bond’s market price is below its principal amount. Its par value is usually $1,000. Also called discount bond.

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Finance for Individuals
Finance for Individuals
For Gen Y: How to Avoid Working Forever
Is it possible for most of the Generation Y people to avoid working forever? According to a survey The Retirement Readiness of Three Unique Generations: Baby Boomers, Generation X, and Mi llennials, released by the Transamerica Center for Retirement Studies, 60% of the millennials expect to retire at age 65 (or earlier).
Investment Instruments
Investment Instruments
Singapore Exchange
Singapore Exchange Limited also called as SGX is an investment holding company based in Singapore and offers various services associated with derivatives and securities trading and others. Singapor e Exchange is affiliated to the Oceanian and Asian Stock Exchanges Federation and the World Federation of Exchanges.
Money Smart
Money Smart
Investing 101 for 20-Somethings
Instead of mapping out their future, most 20-somethings would rather live in the moment and spend money on immediate needs and wants. Retirement and financial security are not in their radar yet. W hile it is good to reap the fruits of your labor, this is also the best time to jump-start financial planning.
Special Features on Finance
Special Features on Finance
How to Avoid Identity Theft
According to the Federal Trade Commission, identity theft remained the top consumer complaint in 2014. Also, the Identity Theft Resource Center reported data breaches reached 619 as of October this year.
Taxation in Finance
Taxation in Finance
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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