Posts Tagged“finance”

Credit is a mysterious topic for many Americans. For some, it’s a nebulous and judgmental record, keeping track of all the times we mess up for no apparent reason. But there are perfectly good reasons why credit records exist. And, believe it or not, your credit history can actually do you a lot of favors. If you don’t know a lot about credit, you might not immediately see the relationship between your credit score and your first house. But the two are intimately related. If you have a bad credit score, it will cause you to pay a lot more…

When people hear the term diversification, their thinking can still tend to be a bit narrow. They might believe having a diversified portfolio is as simple as investing in a few different sectors and hoping for the best, but in reality, that’s not the optimal way to get the diversification you need to make money on your investments and also protect yourself against downside risks. The following are some key tips to ensure that you build a portfolio that really is diversified. Find the Right Trading Tools First and foremost, when you’re focusing on diversification, you’ll need the right trading…

The winds of private equity can shift quickly, as can just about everything in business, and it’s an important area to keep your eye on. Many investors and private equity experts were trying to predict how 2017 would shape up at the end of 2016, on the tail end of the election of Donald Trump. During 2016 there were some declines in dealmaking activity, which most people chalk up to the uncertainty that comes with a presidential election year, particularly one that’s as unusual in many ways as 2016 was. With that being said, 2017 is now in full swing…

If the time has come for you to pick up a new car or truck, are you ready for all that comes with such a purchase? Whether this is your first-ever new vehicle purchase or this is old hat for you, buying a new car or truck does involve some sound decision making. With that in mind, making sure you have a plan in place certainly does not hurt. Start Thinking About What Your Best Buy Will Be For starters, don’t buy a car or truck that you truly can’t afford. As nice as it may be to be driving…

Business professionals often debate whether it is a better decision to pursue the CFA designation on its own or earn an MBA degree with a concentration in finance. While certain observers predict that the Chartered Financial Analyst designation will outstrip a graduate business degree, others have pointed out that there may not be a “one or the other” debate in the future. Instead, the best programs in Canada are introducing a “CFA track” to their curriculum by including course material that prepares students for the rigorous CFA testing process. The Chartered Financial Analyst examination has three tiers, and charter holders…

As you get older, your finances usually become more complicated. You have retirement accounts to manage, you may have accumulated significant savings that you’d like to start investing, or perhaps you have already started dabbling in the stock market but want some professional advice. A professional financial planner can do all of these things for you. The key is to find one that you trust and that understands your financial goals. Here are a few tips on choosing the right financial planner for your situation. Consider Your Financial Goals Why do you want to hire a financial planner? Do you…

Photo by CC user geralt on pixabay Any type of trading involves a degree of risk. There is simply no way of knowing the result for certain and that is something you need to keep in mind if you want to become a trader. Of course, there are risks in binary options trading as well. In order to reduce them, you need to get to know all the possibilities and uncertainness you might be encountering. That is the best way to keep the risk at a minimum and earn a profit in the long run. The fundamentals of binary options…

[Photo credit: Lending Memo] People will jump through hoops to maintain a good credit score because everything runs on credit. Once your credit score drops, it can be difficult to bring it back up again. Fortunately, it is totally possible to raise a poor credit rating to a fair credit rating. It is also possible to turn a fair credit rating to a good credit rating. Lastly, it is possible to turn a good credit rating into an excellent credit rating. The jump from poor to excellent is just too large to manage. This is why it is important to…

Most of us probably haven’t given a second thought to retirement, as it’s usually too far into the future to consider. That said, retirement is an enjoyable time, because you have the opportunity to take up new activities and spend time on your hobbies and interests without work being in the way. However, it’s not as straightforward as we’d like it to be – as a recent article by The Guardian points out, as many as half of Americans aged 55 and over have no retirement savings at all. With people living longer, it’s never been more important to make…

Wonga SA, South Africa’s leading provider of payday loans online, has responded to the recent “wake-up call” dished out the payday industry in a wholly positive fashion, starting earlier this year in April with the appointment of new CEO, Brett Van Aswegen. International Managing Director of the Wonga group, Mark Ruddock was pleased to announce the appointment saying, “After an extensive search, we’re pleased to secure someone of Van Aswegen’s strong calibre to lead our South African arm of the business. With more than 20 years’ experience in the African retail credit and financial services industries, Mr Van Aswegen is…