Smartest Things to Do With $10,000 of Savings
Saving $10,000 is a wonderful accomplishment but it’s critical to put that hard-earned cash to good use. With $10,000 in savings, there are many things you could do, but here are five safe and wise ways to allocate your cash. Key Takeaways Using $10,000 in savings to invest or payContinue Reading
Do Vanguard ETFs Require a Minimum Investment?
Vanguard has a highly competitive selection of exchange traded funds (ETFs) available for purchase at numerous investment brokers’ platforms. Vanguard ETFs typically use a passive investment approach and follow a particular stock or bond index. 1 share The minimum investment cost of a Vanguard ETF. Vanguard ETFs: Minimum Investment? UnlikeContinue Reading
FAS 123R Definition
What Is FAS 123R? FAS 123R is the 2006 financial accounting standard introduced by the Financial Accounting Standards Board (FASB) that requires companies to deduct the amount of share-based (equity) payment granted to their employees on an annual basis. FAS 123R was introduced in 2006 and requires companies to share-basedContinue Reading
The Risks Of Sovereign Bonds
Sovereign debt is one of the oldest investment asset classes in the world. National governments have been issuing bonds for centuries, so the risks are well-known. Today, sovereign debt forms a significant part of many institutional investment portfolios, and it is also increasingly popular with individual investors. This article willContinue Reading
Who Really Benefits From 0% Balance Transfers?
A credit card balance transfer with a 0% annual percentage rate (APR) seems like a great deal: Pay 0% APR on transferred balances for up to 21 months. These offers can, in fact, be tremendous money-saving tools if used wisely. Understanding what’s in it for the bank and credit cardContinue Reading
What the Supreme Court Ruling Means for Fannie, Freddie, and FHFA
The Supreme Court’s ruling on the Federal Housing Finance Agency (FHFA) is likely to bring major changes to the U.S. housing industry, which is fueled by trillions of dollars in loans. The FHFA, an agency whose name is unfamiliar to many consumers, was set up during the financial crisis toContinue Reading
Macroeconomic Indicators That Affect the U.S. Stock Market
An individual company’s profit, revenue, and debt load aren’t the only things driving its stock price. In fact, a number of economic indicators drive broader market sentiment, which in turn affects individual stock prices to varying degrees. You don’t need an economics degree to understand how major indicators influence theContinue Reading
Examples of Positive Correlation in Economics
A positive correlation exists when two variables move in the same direction as one another. A basic example of positive correlation is height and weight—taller people tend to be heavier, and vice versa. In some cases, positive correlation exists because one variable influences the other. In other cases, the twoContinue Reading
Today’s Mortgage Rates & Trends – June 24, 2021
Rates continue to dip below last week’s elevated levels Mortgage rate averages have dropped for the third time since spiking last week after the Federal Reserve announced it would be accelerating its timeline for eventually trimming bond purchases. National Averages of Lenders’ Best Rates Loan Type Purchase Refinance 30-Year FixedContinue Reading
Basis Point (BPS) Definition
What Are Basis Points? Basis points, otherwise known as bps or “bips,” are a unit of measure used in finance to describe the percentage change in the value of financial instruments or the rate change in an index or other benchmark. One basis point is equivalent to 0.01% (1/100th of aContinue Reading