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Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

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Amortized Value

Amortized Value - The amortized value of any stock exchange security, which is determined by the process of amortization. Amortization is understood to mean the gradual depletion of a liability from the company's portfolio, such as a mortgage, loan, or lien against the company's property. The reduction of the liability occurs when the company makes regularly scheduled payments over a time specified in an agreement or contract. These payments are usually calculated to pay off both the principal owed and any interest that is occurred during the specified period. Just like when you buy a house through a bank?it is amortized to be paid back by a specific date.

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Definition of the Day Inflation

Definition: This is the idea that things will cost more ten years from now than they do today.  When prices are rising, we call it inflation. TeenAnalyst Advice: Inflation is bad for investors because it eats...

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