There are few financial topics more important (and, sadly, more mundane) than insurance. No matter how diligently you build your financial empire, failure to purchase adequate insurance can put you in a desperate hole in a heartbeat. On the other side of the coin, few things will attack your investment…
How’s your health? Could you afford to lose it? If you become sick or disabled, temporarily or permanently, would you be able to support yourself? For most people, the answer is “no,” yet a large number of people — even some with quality health insurance — are not insured for…
Digital diplomacy is the new buzz word that governments are following nowadays. Social media unites people globally for any common or serious problem. Their voices are the power and determined only by Likes and Shares provided by them. Let us see the importance of government getting engaged in digital diplomacy…
Mutual funds have suffered a serious blow when the public learned about serious machinations in the industry. The public has heard a number of times that the majority of the funds underperform the average return of the stock market. However, the funds are still there. Moreover, you will probably need…
For landlords, preparing for vacancies can be a daunting prospect. It is only natural to feel concerned, if you have a tenant that seems to be getting a bit wobbly financially, about losing rental income due to an upcoming vacancy. Preparing for the situation in advance can do a lot…
Sure there is. Even if you made the mistake of shoring up too much debt and were not able to cope with it at one point in your life, there are still people willing to make money off you by extending a mortgage loan. This may take some time though….
A “closed-end fund,” legally known as a “closed-end company,” is one of three basic types of investment company. The two other basic types of investment companies are mutual funds (open-end investment companies) and Unit Investments Trusts (UITs). Here are some of the traditional and distinguishing characteristics of closed-end funds: –…
With the stock market growing fast, stock mutual funds continue playing an important role. Mid caps, short for medium capitalization, refer to stocks with a capitalization in between $500 million and $7 billion. To understand properly mid caps, it is important to really distinguish between “small”, “medium” and “large” caps….
Do you feel like you’re just another number yet? Well, finance is based on numbers, and people who deal with numbers are more often than not left-brain thinkers. These people who deal with numbers think analytically. They are numbers-oriented and they deal with cold, hard facts. The numbers either add…
Paperwork involved in the mortgage application process is so extensive that you had better start gathering it a long time in advance. Full documentation will include: • Federal tax returns from the previous two years. • W-2 forms from the previous two years. • A recent paycheck stub with your…