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How Financial Advisors Manage Small Business Assets Areas of Asset Management Tasks Optimizing Cash Flow: Track income and expenses. Forecast cash flow to anticipate shortfalls and surpluses. Strategize over ways to improve cash flow, such as negotiating better payment terms with suppliers or offering discounts for early customer payments. Investment Management: Identify investment…
Healthcare coverage reduces out-of-pocket costs when you need medical treatment. However, health insurance is never one-size-fits-all. The main types of health insurance plans are: Health maintenance organization (HMO) Preferred provider organization (PPO) Point-of-service (POS) Exclusive provider organization (EPO) The federal Health Insurance Marketplace further categorizes plans by metal levels: Platinum, Gold, Silver, or Bronze. Your…
What Is Insourcing? Insourcing is the assignment of a project to a person or department within a company rather than to a third party. Insourcing is the opposite of outsourcing. How Insourcing Works In practice, insourcing is used to describe a task or function that a company could have outsourced to a third party. As…
The rules for unemployment insurance (UI) have largely returned to what they were before the COVID-19 pandemic when special programs were created to help those whose work was affected by the national emergency. If you’re applying for it now, it’s important to understand how UI works. Key Takeaways Unemployment insurance is available to eligible workers…
On March 11, 2020, the Dow Jones Industrial Average (DJIA) entered a bear market for the first time in 11 years amid the economic impacts of the COVID-19 pandemic. The Dow Jones Average fell from nearly 30,000 to under 19,000. The S&P 500 and the Nasdaq followed suit shortly after. The Dow rebounded after barely…
Keep an Eye on These Coins The cryptocurrency market is holding steady at its current levels after experiencing a brief upward blip late last week. Overall sentiment about the crypto market’s prices is positive, with investors optimistic about the medium-term future. Some tokens, in particular, are outperforming the market. This week, we examine Render Token…
A bear market refers to a widespread decline in asset prices of at least 20% from recent highs. Clearly, these times are nothing to look forward to, but fighting back can be dangerous. Here we will walk you through eight important investment strategies and mindsets to help you stay calm and play dead when the stock market…
A home equity loan is a way of borrowing money against the value of your home. These loans are a type of consumer debt in which a lender (normally a bank or a credit union) will lend you money at low interest rates in exchange for you offering your house as collateral. Home equity loans…
What Is Equity Risk Premium? Equity risk premium is the excess return that investing in the stock market provides over a risk-free rate. This excess return compensates investors for taking on the relatively higher risk of equity investing. The size of the premium varies and depends on the level of risk in a particular portfolio….