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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Building Wealth
Building Wealth
Who Covers FDIC When it Falls?
The Federal Deposit Insurance Corporation (FDIC) upholds public confidence in the US financial system. But what if FDIC falls as a result of bank collapses? Who will back up the corporation?   Federal Deposit Insurance Corporation Established in 1933, the FDIC’s primary responsibilities include insuring the deposits, and protecting the d[#ret]epositors in insured banks and thrift institutions.
Finance for Individuals
Finance for Individuals
An Actuary Needs to Master these Skills
Actuaries assess the financial insinuations of risk and uncertainty, as well as predict future events based on previous occurrences by looking at a client’s application and medical records. I n essence, these professional statisticians seek to minimize an individual’s exposure to risky scenarios, or the expense of such exposure at the very least.
Financial Literacy
Financial Literacy
Do You Want to Earn Your CFA?
Thinking of earning a CPA? Think again. Read this: Getting into the Chartered Financial Analyst (CFA) program is no easy. It is actually a gruesome process. But before even starting the p rocess, ponder on your preconceived thoughts and make sure you dream is really a dream, not a passing fantasy.
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
Insurance for Retirees
Retirees, there is a pressing need to continue protecting the material assets. As you grow older, you will realize the necessity to raise the retirement coverage if much of your wealth is retained in the real estate you posses.
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