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Term of the day

Bullet GIC

Guaranteed investment contract where a single is made to the account, and both the principal and interest are paid back to the payor at a specific date in the future. This debt instrument, offered by insurance firms, provides i ...

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Building Wealth
Building Wealth
Determining the Value of a Stock
Determining the Value of a Stock How do you know if your stock is overvalued or undervalued? There are many ways to examine the appreciation of your security, i n which two are the most commonly used.
Financial Literacy
Financial Literacy
Five Costly Driving Myths
Basically, there are two things that make every car owner go nuts: higher gasoline prices and higher maintenance fees. They find ways to lower such costs by placing different cost-saving methods. H owever, not all budget-friendly driving tips are effective.
Investment Instruments
Investment Instruments
Conference Calls: Providing Insights into Quarterly Earnings
A conference call, open to all investors, provides an avenue for companies to report its quarterly and/or projected earnings. The event is divided into two parts: management report and question and answer portion.
Money Smart
Money Smart
Retirement Blueprint for Freelancers
Retirement for freelancers is tricky. Unlike regular employees, no one will look out for self-employed individuals’ retirement but them. Yes, you may not be able to obtain benefits such as co mpany stock or free money in the form of employer’s matching contribution.
Taxation in Finance
Taxation in Finance
Three Interesting Trivia regarding Income Tax
Every individual is a taxpayer. The government utilize such payments to fund their projects and uphold the best interests of their people. Most nations implement a progressive tax scheme in which h igh earners settle a higher bill than low income earners.
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