How money market funds work?

How money market funds work? The use of money market funds has become an essential part of a good portfolio and it’s important to understand how they work. A money market fund is basically a mutual fund, one created with the purpose of investing exclusively in cash and money market instruments. These instruments being investments such as commercial paper, US treasuries, certificates of deposit and repurchase agreements. This works in similar ways to other mutual funds in the sense that you can issue redeemable units. It’s important to note that SEC guidelines need to be followed. One thing that is…

WHAT IS A FINANCE CHARGE

WHAT IS A FINANCE CHARGE

WHAT IS A FINANCE CHARGE If you have a credit card and know how it feels to pay for something, chances are that you understand a little about finance charge. As a fact, the finance charge enables you to make a profit when you lend your money. It is also the total dollar amount paid to borrow which includes interest you pay and fees for getting a loan. The finance charge is usually expressed as an annual percentage rate (APR) of the amount you owe. It will allow you to compare the costs and advantages of different loans. With your…

Types of Liabilities in a Business

Types of Liabilities in a Business

Types of Liabilities in a Business Liabilities, laities and laities what could be the worst nightmare than this? A liability on any business will always haunt the owner of any business. Talking about types of laities in any business, there are three. These three types of liabilities are as following: Current liabilities Non-Current Liabilities Contingent Liabilities Let’s talk about all three of them!!! Current Liabilities Current liabilities are those that are supposed to be paid off in near future. Or in other words, current liabilities are short-term liabilities that are supposed to be paid in given short period of time.…

Assets vs Liabilities

Assets vs Liabilities

Assets vs Liabilities Assets vs Liabilities  asome explaining Controlling your money flow with proper knowledge and understating of the finance rules could be the biggest challenge for you, especially if you are from a non-business background.  If you are going for an interview in a bank or any other company or organization that takes care of the assets or cash then you should at least know what are Assets, Liabilities and their difference. So, in this brief article, we are going to talk about this topic in a thorough way so you have at least a clear image of these…

How to get into currency trading

How to get into currency trading   How to get into currency trading here an explanation You can’t afford to ignore currency trading anymore. Trading on the currency market is also known as trading forex. It really doesn’t matter who we are or what stage in life we’re at. You could be in school and you can’t seem to figure out the rules of global finance. You could be holding down a job but you desire to make a decent second income in your spare time. You could already be involved in the financial markets as a retail trader or…

TRADING FOREX SUCCESSFULLY

TRADING FOREX SUCCESSFULLY

TRADING FOREX SUCCESSFULLY Forex traders (both new & season traders) find it difficult to profit or maintain consistency in the market without any type of strategy or plan. To trade forex successfully, you need to have a good strategy, be disciplined and be able to manage risk. The three most important things regarding trading should be balanced to have a chance at becoming a successful Trader. They are; Learn a strategy (e.g. Price Action) Employ Proper Risk Management Build a successful Trading Psychology Develop these three above; then you will most likely gain consistent profit in the market. Successful Forex…

Classification of liabilities

Classification of liabilities

Classification of liabilities Many people end up having the wrong liabilities, which leads to diminished chances of financial success. Not having a precise definition and categorization of what liabilities is has been the cause of this in some cases. People need to know liabilities well to avoid this. Liabilities can be categorized into three different types; Productive, consumptive and destructive liabilities. Classification of liabilities List Productive Liabilities: Liabilities attached to an asset which provides an increase in positive cash flow are called productive liabilities. An example is a mortgage attached to the rental property. Consumptive Liabilities: This type of Liability…