Blog (Page 14)
7 Signs of a Decaying Financial Portfolio Management System
One of the biggest threats that most Portfolio Managers face is the prevalence of legacy systems. Over the past three decades, investment advisors have been empowered by the advent of technology from simple spreadsheets to complex home-grown systems. From that time to the present, the industry has seen exponential growth and with it, enormous complexity. Challenges include round-the-clock trading in markets from New York to Sydney,... ❯❯❯
Stash Your Cash - A Safe Haven for Your Savings
In the times we're living in today many people are looking for alternative ways of saving their money. As inflation and debt levels continue to soar while wages remain stagnant, it's becoming increasingly difficult for people to grow a nest egg. In the book, "The Richest Man in Babylon", Arkad was widely known for his great wealth. The story suggests he had a working theory of, "A part of all you earn is yours to keep. It should be... ❯❯❯
Diversification: When And How Far Should One Go
Introduction Diversification today most executives and boards realize how difficult it is to add value to businesses that aren't connected to each other in some way. Yet too many executives still believe that diversifying into unrelated industries reduces risks for investors or that diversified businesses can better allocate capital across businesses than the market does-without regard to the skills needed to achieve these goals.... ❯❯❯
Important Things You Must Know About Fixed Capital Investment
It can be quite daunting to decode the jargon of financing businesses. In most cases, because of the similarity in the objectives of the different financing solutions, many have a tendency to exchange one for the other. To simplify these very technical terminologies, most especially when you just have ventured into business and you do not have enough knowledge about it, here are some useful information regarding a fixed capital... ❯❯❯
Bitcoin Vs Goldcoin
Bitcoin... Monetary Nirvana? If you don't know what Bitcoin is, do a bit of research on the internet, and you will get plenty... but the short story is that Bitcoin was created as a medium of exchange, without a central bank or bank of issue being involved. Furthermore, Bitcoin transactions are supposed to be private, that is anonymous. Most interestingly, Bitcoins have no real world existence; they exist only in computer software, as... ❯❯❯
5 Things to Consider While Selecting a Financial Planner
Unlike someone calling himself a CPA or a physician, just about anyone can call himself a "financial planner" or a "financial advisor" regardless of their educational background and professional experience. Moreover, not all of them are unbiased in their advice and not all of them always act in their clients' best interests. To ensure your financial planner is well-qualified in personal finances and impartial in his advice, consider... ❯❯❯
How Standby Letter of Credit Is Useful for Financial Funding and What Is It?
A standby letter of credit is a Promise of payment issued by a bank on behalf of a client will receive payment upon the presentation of described documents in the event the buyer fails to pay the beneficiary according to the terms of the contract. It mostly used in national construction projects and in international commerce. The buyer in this gives instructions for making the document. The format of letter of credit under a Standby... ❯❯❯
What Is The Difference Between Investment Management And Wealth Management?
Investment management and wealth management - it is easy to be confused by these terms, especially since they are often misrepresented. What do they really mean, what are the key differences, and which might be best for you? What is wealth management? Wealth management looks at an individual's finances as a whole and how they can be managed to achieve their long-term financial and personal goals. In addition to handling clients'... ❯❯❯
Financial Skills - Opening a Bank Account
I was surprised when I asked parents to tell me the life skills they wish their kids knew, and there was a resounding request for kids to learn how to open a bank account. Similarly, there was a huge call out for: How to budget & balance accounts How to write checks and pay bills And how to start saving for retirement It seems some of the things we take for granted are, as a result, missing from what we teach kids. This... ❯❯❯
Financial Skills - Writing Checks & Paying Bills
I was surprised when I asked parents to tell me the life skills they wish their kids knew, and there was a resounding request for a few topics: How to open a bank account How to budget & balance accounts How to write checks and pay bills And how to start saving for retirement It seems some of the things we take for granted are, as a result, missing from what we teach kids. In the last article, we focused on budgeting &... ❯❯❯
