Due diligence questions on alternative investments
Due diligence is critical, crucial and never ending. When it comes to evaluating an alternative investment your own research to understand how the risks affect you is paramount. This is a list of questions to start you off in your investigations.
First Questions
Is this investment too good...
You’ve got the job, you’re managing to make the rent each month (if you’ve escaped the nest) and you’re starting to look to the future. Perhaps you are finding, for the first time, that you have some spare money each month after the bills have been paid and are...
While it might be a good idea to have some debts, repaying some personal debts might not be a smooth-sailing adventure. You might find yourself out of a job with lower pay or bedridden with no source of income. For anyone in such a situation, debt settlement could be...
While a loan and a line of credit or credit lines, allows an individual or a business to borrow money to meet certain expenses, the two terms are quite different. Among the shared similarities between those two terms is that the approval for either will depend on the borrower’s...
Do you have a savings account, but you don't want to invest it in the stock market? There's another way you can make your money work for you, called a high-yield savings account.
A high-yield savings account is a bank account that earns you a higher interest rate than a...
It is hard to know what you want to do in life. Most students people graduate from university and have a plethora of options that await. This is especially true for those that study non-professional degree and business disciplines. A business major could get a job at an oil...
Many people don’t like their corporate jobs and want to do something for themselves. Many other people complain that they are being underpaid for the amount of work they do. Joining another big corporate is an option, but it may not solve the underlying issues. The work may still...
The idea of having an emergency fund is advocated by financial experts who think that having a financial floor is incredibly favorable to cover unexpected situations and emergencies.
Now, is there a chance that you are over-saving for an emergency fund? In fact, there is. If you center too much...
Coping when markets are spiraling out of control can be an overwhelming exercise. For most young investors who did not go through the turmoil during the Great Depression or the financial crisis of 2008, the current trends in the market are overwhelming.
Financial markets all over the world took a...
Financial Skills Toolbox
A toolbox is a dangerous place, it contains hammers, saws and nails. If used eloquently they can build your financial fortress. On the other hand, if those using them do not have the experience or the patience to learn how to use them, they can cause unintentional...
Buying a house is one of the most significant purchases you will ever make. As such, the process needs to be meticulous, so you do not end up hating a property or the financial debt a mortgage leaves. For this to happen, you need to be aware of the...
You may have heard that U.S. President Donald Trump proposed ending a federal student loan forgiveness plan in his 2021 budget.
His proposal would terminate a popular program for federal and nonprofit employees that forgives student loan debt after 10-years of on-time payments. It would also reduce the number of repayment...
Agriculture investments, provide an opportunity to invest in food production.
SWOT Analysis
Strengths:
Food is a key component of human life, in the next decades there will be more human life, and we will need more food. According to the Savills report, Two billion people means we need to increase our output by...
There are many different ways to invest money. They range from super easy and safe (a savings account), to more complex and risky (stocks and bonds). But there are some investments that should be avoided in all situations. Avoiding these kinds of investments will make it more likely you...
If you have started your investment journey, you already have a few investing avenues- like mutual and index funds. Today we will focus on index funds, and are they a good investment choice for a beginner?
To start, index funds are a form of Exchange Traded Funds (ETF) or Mutual...
It’s tax season in the U.S., and the IRS wants to know if you sold or bought any cryptocurrencies in 2019.
For the first time, the IRS will ask if “At any time during 2019, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual...
Investing your money and becoming financially independent begins with one simple step: saving money.
With a little bit of discipline and planning, you can easily save money on a daily basis. There’s no need to wait for your next paycheck or bonus. With these simple tips, you will be well...
Debt consolidation is refinancing your old credits, where a lender merges multiple credits into one loan and repays off the old debts. You will end up with one loan with new terms from one lender only.
While debt consolidation has its advantages, like allowing you to have lower interest and...
While having a mortgage allows you to build equity, the long repayment term can be draining. When the opportunity arises, many borrowers reconsider refinancing their mortgage loans.
Refinancing sometimes comes with better loan terms, especially if you’ve serviced your mortgage loan for several years. However, refinancing doesn’t always work in...
In one way or another, the Coronavirus is affecting lives across the globe. One of the most affected areas during this pandemic is the global economy, with experts expecting the global GDP rate to shrink by 5.2%. According to the World Bank, this is the deepest recession we’re experiencing...
