Admin Balance Transfer Fee – If you have credit card debt that you want to pay off faster and save money on interest, you may consider transferring your balance to another card with a lower or zero interest rate. This can be a smart move, but it may also come with a cost: a balance transfer … Read more
How to Calculate DSO – DSO stands for days sales outstanding, a financial ratio that measures how long it takes a company to collect cash from its customers after making a sale. DSO is an important indicator of a company’s cash flow efficiency and liquidity. A low DSO means that the company can quickly convert … Read more
529 Plan Penalty – A 529 plan is a tax-advantaged savings account that can help you save for your child’s education expenses, such as tuition, fees, books, and room and board. You can invest your money in a variety of options offered by your state’s 529 plan and enjoy tax-free growth and withdrawals as long … Read more
What Is a Clifford Trust and How Does It Work? (UPDATED) – A Clifford trust is a type of trust that allows a person to transfer an income-producing asset to a beneficiary for a fixed period of time, usually between 10 and 20 years. The beneficiary is typically a minor child or grandchild of the … Read more
Straddle vs. Strangle: Options Strategies for Volatility – Straddle vs. Strangle, Options are contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price and time. Options traders can use various strategies to profit from different market scenarios, such as volatility, direction, and time … Read more
Money Wire is a term that refers to the electronic transfer of funds from one bank account to another. Money wire can be used for domestic or international transactions, and it is often a fast and convenient way to send or receive money. Money wire also comes with some costs and risks that you should … Read more
Single Net Lease – A single net lease is a type of commercial real estate lease agreement where the tenant pays rent and property taxes. The landlord pays for insurance and maintenance. The property may be a standalone structure or have multiple tenants. A single net lease is the least common type of net lease. … Read more
SunEdison Semiconductor News – SunEdison was a renewable energy company that went from being a silicon wafer manufacturer to a solar power giant, only to collapse under the weight of its debt and mismanagement. The company’s story is a dramatic example of how the solar industry can be both promising and perilous. READ ALSO What … Read more
What Are Short Dollar ETFs and How Do They Work? – The U.S. dollar (USD) is the world’s most widely used and traded currency. It is the official currency of the United States and many other countries and regions. It is also the main reserve currency held by central banks and governments around the world. … Read more
Annual Percentage Rate (APR) What Is It? – 2023 Overview – APR is a term that you may encounter when you borrow money or invest your savings. But what does it mean and how does it affect your finances? In this article, we will explain the definition, calculation, and types of APR, and provide some … Read more