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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
What`s in Store for BRIC Economies?
In 2001, then Goldman Sachs Group Inc. Chief Economist Jim O’Neill coined the acronym BRIC, referring to the economies of Brazil, Russia, India, and China. The acronym, first used in his 2003 report Building Better Global Economic BRICs, grouped the four countries as emerging market powerhouses, saying they had the perfect blend of attributes to make them the upcoming economic su[#ret]perstars.
Finance for Individuals
Finance for Individuals
Why Are Millennials Overly Worried About Retirement?
Although often dubbed as lazy and immature, today’s generation are highly aware of the global financial state and are more than ready for it than most people think they are. This is because t hey are noticeably more engaged when it comes to saving up for their future needs especially for retirement compared to the boomers, who started somewhere at the age of 35.
Financial Literacy
Financial Literacy
Be Mindful of the Leverage Cliff
Whenever trades are on the favorable side, investors become more comfortable with their hedge fund managers and the leverage they employ although they do not fully understand the risks behind it es pecially when the going gets tough.
Money Smart
Money Smart
Property Investing: Mind Maintenance Charges
For those who are eying a purchase of an apartment or condominium as your primary residence, the first thing usually taken into account is the total price of the establishment or the monthly mortga ge you are required to pay.
Taxation in Finance
Taxation in Finance
Reducing Taxes on Severance Pay
In September 2011, the Hewlett-Packard Company ousted Léo Apotheker as its Chief Executive Officer after just 11 months on the post. His severance pay included $7.2 million to be paid out fo r more than 18 months, a $2.
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