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Tip of the Day

Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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Gilt-Edged

Gilt-Edged - Gilt-Edged is defined as fixed income or index-linked bonds issued strictly by the government. It is, for investment purposes, the good faith exercise in trusting the government to perform properly in finance. The purchaser or holder of the bond is in effect, lending or extending private sector money into the government in return for a regular interest payment. Holding a gilt-edged bond does not mean it is necessary to hold until redemption. It is like shares of stock securities tradable as instruments. The price fluctuation is accountable to the supply and demand of the main influence on the stock market.

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Definition of the Day Deferred Tax Asset

Definition: A deferred tax asset is created by overpaying taxes during a given time period.  This usually occurs as a result of timing differences based on how the company depreciates its assets.  This deferred tax asset reduces the company's tax liability in the future.Advice: Deferred tax assets are good because...

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