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Government programs rolled out during the coronavirus pandemic may impact the divorce process for some individuals. During the pandemic, the federal government provided financial assistance to businesses and individuals/families. As a business owner, you may have received a loan from the Paycheck Protection Program. As a taxpayer, you may have received stimulus checks. As a […]
Today’s topic is Inflation and how does it affect your financial goals. Inflation is represented by the Consumer Price Index (CPI) which measures current and past prices of a sample “market basket” of goods from several categories such as housing, food, transportation and clothing and other discretionary and non-discretionary goods. Inflation (rising prices) affects […]
Today’s topic is market capitalization and enterprise value. Market capitalization (market-cap) is the market value of a publicly traded company’s outstanding shares. It is calculated by multiplying number of shares outstanding by the current share price. Enterprise value adds the outstanding debt to the market cap. Why is it important? Because it can show […]
Today’s topic is compound interest. When you deposit funds in your bank saving account, you earn intereston your principal. The bank pays interest each month on the original principal and on the interest from the prior month. Compound interes tis the result of reinvesting interest, rather than paying it out, so that interest compounds upon […]