Everything you need to know about interest rates What is interest? Simply put, interest is the “rent” paid for using someone else’s money. When you rent a car or an apartment, you don’t own that car or apartment, someone else does. You pay rent for the right to use...
How do you view your net worth? Do you know your net worth? It’s one of the most important figures in your personal financial picture. It’s the calculation of what you own versus what you owe, or your assets versus your debts. The difference between the two is...
What about Alternative Investments? Given the recent volatility in the stock markets, coupled with high inflation, many interests have turned to alternative investments. Traditional investments – stocks, bonds, mutual funds, and cash – are generally thought of as...
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