Guidebook collating and quoting prices for new and old automobiles of all types. Originally, the book was only available to automobile industry. But the Kelley Blue Book has both a consumer and online edition in 1990s for the public.
Debt Distance is the cancellation of a debt. Debt discharge results in taxable income to the debtor unless the forgiveness is a gift or bequest. Wh ...
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
Online service or exchange that is made and run by Linden Lab, developer of digital entertainment. The service lets users to trade Linden Dollars ( ...
A binding promise from a lender that a loan amount will be drawn down or to be contractually funded at a specified interest rate, certain period, a ...
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
Profiting from Currency ETFs
Normally, if a trader wishes to profit from changes in currencies, he should either open a forex account or purchase the currencies. But there is a ...
Grappling with Financial Shams
Financial shams are everywhere and inevitable. A country contends with piles of fraudulent activities year after year. But in the advent of uncerta ...
How Financial Advisors Minimize Their Own Risks
If you think financial advisors can reduce their own risks easily, think again. An advisor finds it more difficult to manage their finances. They a ...
What`s in Store for BRIC Economies?
In 2001, then Goldman Sachs Group Inc. Chief Economist Jim O’Neill coined the acronym BRIC, referring to the economies of Brazil, Russia, Ind ...
Risks of Renting Out Your Extra Room
Many individual have at least considered opening up their spare rooms for rent to offset their mortgage payments and have an additional source of i ...
SEE FOREX TUTORIAL
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
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