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Tip of the Day

Tip of the Day Spend Less Than You Earn

Spend Less Than You Earn - To spend less than you earn, basically, means to live within your means. In other words, if you don't have the cash to...

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Fixed Maturity Plan

Fixed Maturity Plan - A fixed maturity plan is also known as a FMP. This is a close-ended fund that invests in money market instruments and debt that has the same maturity date, as the stated maturity date in the plan. The main focus of the fixed maturity plan is to guarantee a steady stream on income using interest payments. These payments are provided while exposing the investor to a risk level that is much lower than other investment plans. These are considered to be long-term investments that reap a yield which is expressed as an annual rate.

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Definition of the Day E-Commerce

E-Commerce - This is a form of sales that takes place electronically. The most common means is on the internet or also through computer networks. This type of sale has become increasingly popular over the last few years. Such means has so many benefits to both the seller and the...

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