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Tip of the Day Set Concrete Goals

Set Concrete Goals - One of the best ways to help you set a budge and live within your means is to set realistic, but concrete, goals for things like...

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Interstate Commerce

Interstate Commerce – Interstate commerce is the transportation, purchase, and selling of goods and services between different states.  Commercial transactions between states are regulated by the U.S. Congress.  There have been many cases before the U.S. Supreme Court challenging the scope and breadth of the Commerce Act.  It has been questioned on race, racketeering, and other issues.  However, in most cases, the Justices of the Supreme Court abided by the decisions of the legislative branch, even if they had differing opinions. If there was a rational reason for any Congress regulated commerce activities, these were supported by the Judges.

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Definition of the Day Compound Annual Growth Rate (CAGR)

CAGR Term category: Finance/Accounting In 10 words or less: The compounding rate of return over a period. Definition: The compound annual growth rate (CAGR) is the rate at which an investment grows annually to reach a given end value.  It's calculated by the following: CAGR = [(Ending Value/Beginning Value)^(1/# of years)] -1 Advice: CAGR is a...

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