Key Takeaway: Triple Lock Pension is a UK government policy that guarantees an increase in the state pension rate by a minimum of 2.5% each year, or in line with inflation or earnings growth, whichever is higher. This means that pensioners will receive a fixed percentage increase in their pension income annually, regardless of economic…
Key Takeaway: Life settlement investment is a financial strategy where investors purchase unwanted life insurance policies from policyholders, who are offered an upfront payment in exchange for the policy’s death benefit. The advantages of life settlement investment include financial gains for investors and beneficial outcomes for policyholders, who can use the funds to pay for…
Key Takeaway: Return on Investment (ROI) is a measure of the profitability of an investment, expressed as a percentage of the initial investment. By understanding ROI, investors can evaluate the effectiveness of their investments and make informed decisions on where to allocate their resources. Tracking ROI is important for businesses as it helps to identify…
Key Takeaway: Choosing the appropriate software: When calculating investment growth in Excel, it is important to choose the appropriate software version. Depending on the complexity of the calculation, the Standard or Professional edition may be needed. Calculating compound interest: In order to accurately calculate investment growth, it is important to understand how to calculate compound…
Key Takeaway: Credit investment refers to the act of investing in different types of bonds, such as corporate bonds, municipal bonds, and treasury bonds, with the goal of generating income and potential capital appreciation. The benefits of credit investment include diversification of investment portfolio, steady income generation, and potential for capital appreciation. However, it involves…
Key Takeaway: Understanding gross pension contribution is important for individuals who want to plan their retirement savings. It is the total amount of money contributed toward an employee’s pension plan, including both employee and employer contributions. To calculate gross pension contribution, individuals should know the contribution rate, which is a percentage of their total earnings…
Key Takeaways: Return on Investment (ROI) is a measure of the profitability of an investment and is calculated using a simple formula: (Gain from Investment – Cost of Investment) / Cost of Investment. Understanding ROI is crucial for businesses and investors as it allows them to assess the return on their investment and make informed…
Key Takeaway: IMA stands for “Indexed Monthly Earnings” and is used to determine the amount of social security benefits an individual will receive in retirement. IMA is calculated by taking the average of a person’s 35 highest-earning years, adjusted for inflation using the Social Security Administration’s Wage Index. Increasing your income in your highest-earning years…
Key Takeaways: Investment products are financial instruments that individuals can invest in to grow their money and achieve their investment goals. There are different types of investment products such as stocks, bonds, mutual funds, ETFs, and REITs. Risk and return are important factors to consider when investing in any investment product. Understanding the risks associated…
Key Takeaway: Variable life policy investment accounts grow through investment performance, premium payments, and the types of investment options selected. Understanding these factors is key to maximizing account growth. Investment performance, fees and charges, and premium payment amounts all affect how quickly an account grows. It is important to choose investment options carefully and periodically…
Key Takeaway: Criteria for UAE Citizenship by Investment include investing in any of the approved investment programs, meeting the financial thresholds, and passing the background checks conducted by the authorities. The types of investment programs for UAE Citizenship include the Real Estate Investment Scheme, Business Investment Scheme, and Deposit Scheme. Each program has its own…