Key Takeaway: Educational debt refers to the loans taken out by students to finance their education, including tuition fees, living expenses, and other related costs. “Good debt” is the concept of borrowing money for investments that have the potential to generate income or increase in value over time, such as a home or education. Educational…
Key Takeaway: MPI investment is an investment vehicle that allows individuals to invest in a diversified range of assets, including stocks, bonds, and real estate. This diversification helps mitigate risk and potentially increase returns. There are two types of MPI investments: fixed and variable. Fixed MPI investments provide a set return, while variable MPI investments…
Key Takeaway: PE investment involves investing in private companies with the goal of achieving high returns. This is typically done through growth capital, leveraged buyouts, or distressed investments. One of the benefits of PE investment is the potential for high returns compared to other types of investments. Additionally, PE investors have the opportunity to be…
Key Takeaway: Hedge funds and investment companies both attract investors looking to make a profit through capital appreciation and income generation. Hedge funds and investment companies differ in their legal structure, with hedge funds typically having a limited number of sophisticated investors and investing in high-risk, high-return strategies, while investment companies have a wider investor…
Key Takeaway: Changing investment goals, dissatisfaction with investment performance, and need for liquidity are some common reasons that prompt individuals to close their investment accounts. Closing an investment account involves a few key steps including notifying your financial advisor/investment firm, selling or transferring assets, and completing required paperwork. Before closing an investment account, it is…
Key Takeaway: Angel investments are typically made by high net worth individuals or groups of individuals who provide capital to start-up companies or small businesses in exchange for equity or ownership in the company. Angel investors are also known for providing not just financial support but also valuable mentorship, connections, and expertise to help the…
Key Takeaway: Cost Basis Investment refers to the original cost of an investment, including fees, commissions, and expenses. It is used to determine the capital gain or loss when the investment is sold. There are different Cost Basis methods investors can use, including First In First Out (FIFO), Specific Identification, and Average Cost. The adjusted…
Key Takeaways: Education and Qualifications are important for becoming an Investment Banker Analyst: Successful candidates often have degrees in finance, accounting, economics, or business; along with relevant certifications like CFA, ACCA, or CPA. Relevant skills and experience can give you an edge: Investment banker analysts should possess strong analytical, communication, and problem-solving skills. Relevant work…
Key Takeaway: The Transatlantic Trade and Investment Partnership (TTIP) is a proposed trade agreement between the European Union (EU) and the United States, aimed at reducing trade barriers and increasing market access on both sides of the Atlantic. The TTIP has the potential to bring significant economic benefits to both economies, such as increased investment,…
Key Takeaway: Researching College Programs: Take the time to research various college programs to find the best fit for your interests, career goals, and financial needs. Look for programs that offer high job placement rates and have a good reputation in the industry. Identifying High-Paying Careers: When choosing a major, consider careers in high-demand fields…
Key Takeaway: Different investments have different levels of risk and potential returns. Investors should consider their risk appetite, time horizon, and fees before making an investment decision. Equity funds, Real Estate Investment Trusts (REITs), Exchange-traded Funds (ETFs), and High-Interest Savings Accounts are popular investment options in Canada. Equity funds are a good option for long-term…
Key Takeaway: Annual Investment Allowance refers to a tax relief that UK businesses can claim on qualifying capital expenditure, such as buying equipment, machinery, and vehicles in their first year of ownership. The current AIA limit is £1 million until December 31, 2021. Eligibility for AIA depends on the type of business and type of…