Term of the day

Term of the day

Microsavings

A microfinance branch that consists of small deposit accounts recommended to lower income individuals or families as an incentive to save money for future use. It works like a normal savings account; however, these are designed ...

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InstaForex
Building Wealth
Building Wealth
Retirement Planning: Be Calm, Be Flexible
If you find yourself too comfortable with your investment plan for retirement, it is high time to change that mindset and embrace flexibility. Here’s why.   I nterest Rate Can Impact Investment Returns People who save for retirement have placed their money in bonds, believing it is a safe way to grow their fund.
Financial Literacy
Financial Literacy
Flashback Friday: Largest Millionaire Misdeeds
Today’s Flashback Friday brings you the most costly mishaps committed by well-known personalities around the globe.   $1.5 Million Ferrari To promote his 2007 film Redline, American actor and comedian Eddie Griffin attended a charity event and drove the  $1.
Investment Instruments
Investment Instruments
Differentiating an Investment From a Bet
The line between trading and gambling may be blurry at times, as many investors incorporate staking their holdings on a contingency. However, in doing this, they are actually veering away from the success of markets, especially since they are unaware that the practice has already creeped its way into their decisions.
Taxation in Finance
Taxation in Finance
Deceptions Uncloaked by Tax Preparers
How does a professional tax preparer know if the person is supplying fraudulent details to evade or cut their tax bill? Here are telltale signs.   Dubious income.  Many filers indicate the incorrect income to reduce their bill and/or secure unemployment benefits.
For Beginners
For Beginners
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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