Term of the day

Term of the day

Privilege Dealer

A person or a firm that is registered as a market maker or specialist in listed options. Also referred to as options dealer.

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Building Wealth
Building Wealth
A Glimpse Behind BlackBerry’s Downfall
A Glimpse Behind BlackBerry’s Downfall Remember those times when everybody was rushing to buy their own BlackBerry? The wide, unique mobile phone with a traditional keypad has lured millions of users for quite a couple of years, with its seemingly cool exterior and work-friendly software.
Finance for Individuals
Finance for Individuals
Shy Away From Credit, Be Debt-Free
Today’s Flashback Friday edition offers a refresher on how to avoid the enticing temptation that is credit and be debt-free.   Stick to Budget Financing your purchase is equivalent to not following your budget or creating a budget at all.
Investment Instruments
Investment Instruments
How Many Mutual Funds Should You Have?
Can an investor afford to handle too many mutual funds? Most investors believe a well-balanced portfolio should have around 20 to 30 stocks to minimize the amount of unsystematic risk. On e mutual fund is equivalent to about six stocks.
Money Smart
Money Smart
What is the Significance of Property Insurance?
Why should we obtain an insurance? There are two primary reasons for obtaining an insurance: to protect your assets against potential losses and financial difficulties, as well as to sati sfy your lender since insurance is one of their requirements for securing a loan.
Taxation in Finance
Taxation in Finance
This Is Where Your Taxes Go
We all know part of our salary goes to Medicare, security, taxes, and other deductions. Sometimes, these deductions take a huge chunk of our income. But what exactly is taken from our paycheck?
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