2020 has been a long overdue wake-up call for everybody. We all need a nest egg, not just for retirement, but for rainy days, too.When disaster strikes, cash reserves can buy valuable time. As we sat in quarantine this spring, we began to dabble in equity markets. For some, that was enough. But not you – you threw yourself into the art & science of investing.That quest for knowledge has brought you here. Along the way, you’ve likely... ❯❯❯
There are a variety of circumstances in which personal loans come in handy. Personal loans are loans that are marked for a specific purchase. There are specific loans for specific purposes such as mortgage loans, car loans, or paying out college fees. But a personal loan can be used for anything you want to do. It is always a good idea to opt for personal loans. Few lenders might want to know the reason behind borrowing the money but... ❯❯❯
The time has come to make a move into an investment property. The business plan has been researched and developed. The profit and loss potential have been considered. Now it's time to secure the financing to purchase the investment property that has been on your radar. With mortgages at low-interest rates, wise investors are seeking to expand their real estate portfolio. First, let's consider why investment properties are a good... ❯❯❯
The real estate industry has, in the past decade, recorded a vast growth rate. Way before the advent of technology, real estate investors were prompted to rely on brokers and agents. Brokers and agents, on the other hand, worked with certain real estate agencies or independently. However, technology has completely revolutionized the real estate scene. Now, people can search and make purchases online. As a real estate investor, this... ❯❯❯
The rollercoaster ride that is 2020 continues, and as we finally inch towards the end of the year, the ride is getting even wilder. Ups and downs are rife in the market, and each seems more drastic than the last. Political changes and the ever-present pandemic are the drivers of much of the financial market unpredictability, and just like a rollercoaster ride, the crescendo of 2020 seems to be happening right at the end. The US... ❯❯❯
You might be already aware that accounting firms offer services to help businesses stay financially organized. This is the responsibility of ensuring that a business is not only tax compliant but also in progressive growth. There are still several businesses that just consider firms as bookkeepers whereas their role is way beyond that. But there is a difference because not all firms offer the same type of services. The differences in... ❯❯❯
Investing is intimidating enough for first-time investors without the recent stock market uncertainties. But to invert the old adage: what goes down must come up. Besides, smart investments can take a long time to become profitable. Investing is a long-term game.
If you’re a first-time investor, we’re here to acquaint you with the biggest challenges you might face.
Learning the Basics
The Internet is a hodgepodge of suggestions.... ❯❯❯
Are you wondering what are the main financial statements that are used in small business accounting? If yes then this article has got you covered with all the details? The statement the balance sheet and the cash flow are those three financial statements which you should typically understand for business. You need to realize that it is very important to understand each one of them as they are linked to each other. This intricate... ❯❯❯
As an individual investor, you probably rely heavily on your investment advisor for advice. You may have even granted your advisor discretion over your account (whether you know it or not), which means that he or she has the authorization to make trades without your knowledge.Unfortunately, while it would be nice if we could all trust our investment advisors to only act with our best interests in mind, experience shows that this is not... ❯❯❯
Are you running an online business? Does it have the risk of chargebacks? If you wish to process credit card transactions, you would require a high-risk merchant account in this case. However, what exactly is a high risk merchant account and how does it work? Let us know the same in detail. For opening a high-risk merchant account, you are required to search for an acquiring bank for underwriting the business. However, when you wish... ❯❯❯