Term of the day

Term of the day

VAD&D

Voluntary Accidental Death and Dismemberment Insurance (VAD&D) is a financial protection plan that provides money to a beneficiary in the event the policyholder accidentally dies or loses a certain body part.

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Finance for Individuals
Finance for Individuals
Road to Becoming a Managing Director
It takes a bachelor’s degree, a two-year internship, an MBA program, and at least an excellent work experience to become a managing director in a bank. An average investment banker works betw een 90 and 119 hours a week, equivalent to more than 16.
Financial Literacy
Financial Literacy
How Technology Can Beef Up Your Investment
If you are a tech savvy, use it to your advantage.   Technology is no longer a luxury but a tool being used by everyone to beef up everything, including investing. Based on the 2015 BlackRock Global Investor Pulse Survey, 87% of respondents use the Internet for any financial activity, while 81% of them for routine banking.
Money Smart
Money Smart
Secret to Scoring Better Seats for Less
Everyone will agree with us that we all desire to obtain a more comfortable airline seat for less. Two cents, though: not all airlines are generous and it often involves paying an extra charge. The fee may be reasonable or not, based on the package and your budget.
Taxation in Finance
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
For Beginners
For Beginners
Forex Graphic Analysis
If beginners want to get started on Forex, they need to learn two basic things: technical analysis and graphical analysis. Both analyses provide graphical data that helps traders predict movements of the market.
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