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Tip of the Day

Tip of the Day Insure Yourself Against Financial Ruin

Insure Yourself Against Financial Ruin - One of the things most often left until last on the must have list is health insurance, which is exactly the wrong thing to...

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Current Ratio

Definition: The current ratio measures a company's ability to meet its current financial obligations by dividing its current assets (such as cash, accounts receivable, etc.) by its current liabilities.

Advice: The current ratio is a good way to determine a company's current financial health.  If a company's balance sheet looks kinda nasty and the current ratio is low, the company may have to default on its debt in the near future.  When that happens, the company will go bankrupt.

 

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Daily Definition

Definition of the Day Savings Bonds

Definition: Savings bonds are issued by the federal government to average investors.  They are non-marketable, interest-bearing securities. Advice: Savings...

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