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 …
This series – Avoiding the rat race - is a very important and significant topic in personal finance. Hence, it is necessary that keen attention is placed on the several areas covered as understanding them will set you up for an amazing journey to financial freedom. It is important for me to state that personally, …
Continue reading "Avoiding the Rat Race Part 3: Multiple Streams of Income"
So, it’s the end of the month and you just got your pay check. You are excited, finally you have some money in the bank. That feeling lasts for five minutes then you realize that you have to pay your rent, you need to fix your car, you have to hang out with your friends …
Commercial Papers (CPs) are money market instruments issued usually by blue chip companies with great credit ratings due to its unsecured nature being an IOU essentially. CPs are issued at a discount (i.e. the face value on a CP is received by the holder upon maturity but a lesser amount is paid by the holder …
The S&P 500 index’s value is computed by using a free-float market capitalization weighted methodology. This involves measuring the performance of a group of stock as a single number. The methodology involves using the number of outstanding stocks of a company as a multiplier of the company’s current share price or market value. For instance, …
The Standard and Poor’s 500 (S&P 500) was introduced in 1957 as a stock market index in the United States of America. The market index measures the movement in the U.S equity market. The S&P 500 tracks the value of 500 corporations listed on the New York Stock Exchange market and the NASDAQ Composite. The …
Broadstreet Financial Review 
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