Dostadning is a Swedish word that means decluttering that begins as people age. Death is inevitable and many families fail to prepare for this eventuality which could lead to financial and emotional implications due to the loss of the breadwinner. Organizing our financial lives serves as protection for the survivors. The purpose of this article …
Understanding Bonds – Beginners’ Guide
I assume you are familiar with borrowing money from family members, friends, cooperative societies, banks, etc. In borrowing these funds, you either promise your friends with words of mouth or a collateral in the case of a bank. This is similar to how a bond works. A bond is an instrument used by governments or …
Alternative Investments; Part 2: Categories of Alternative Investments (Part 1)
Sequel to the article published last week which covers the general overview of alternative investments, this article is to explain the categories of alternative investments. As previously established, alternative investments are less regulated and less transparent than the traditional investments. Also, they have relatively low correlation of returns with the traditional investments. Alternative investments comprise …
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The History Of Broad Street
Named in the 1860's by the then governor of the Lagos colony Sir John Hawley Glover G.C.M.G of the Royal Navy (Governor Glover), Broadstreet was home to her majesty's Broad street prison which has now ironically become an icon of financial freedom centuries after. A broad street just like the name implies, it occupies an …
How S&P 500 market index works (Part 2); Index divisor
Both formulae use an index divisor. An index divisor is a number chosen at the inception of a price-weighted stock market index. An index divisor is a standardization number used to calculate the nominal value of the price weighted market index. A price weighted market index is a stock index in which each company included …
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