What is a public company? A public company, also called a publicly traded company, is a society whose shareholders are entitled to a share of the company’s assets and profits. Through the free trading of shares on stock exchanges or over-the-counter (OTC) markets, ownership of a public company is distributed among shareholders from the general…
A home equity loan, also known as a home equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the equity in their home. The loan amount is based on the difference between the home’s current market value and the homeowner’s mortgage balance….
What is Temasek Holdings? Temasek Holdings is a sovereign wealth fund (SWF)— a public company — which manages an investment fund on behalf of the Singapore government. Using Federal Reserves, it focuses on investments located in Singapore, China and North America, as well as Europe and some emerging economies. Temasek Holdings holds a portfolio of…
If you’re looking at the investment options available in your 401(k) and you’re overwhelmed by your array of choices, consider yourself lucky. Many 401(k) plans offer very limited investment options and some encourage participants to invest heavily in the shares of their own company. You might not feel lucky, of course, as you scroll through…
What is a Financial Advisor? A Financial Advisor is a professional who deals with informing and educating clients about wealth, investing and other money matters, and sometimes managing these financial affairs as well. It is a generic term that includes stockbrokers, financial planners, investment advisorstax preparers, bankers, insurance agents and estate planners. According to salary…
If your employer offers you a 401(k) planthis can be a very effective way to save for retirement. The money you put into your plan is deferred tax, so you won’t pay income tax for the year you earn it. Instead, you will be taxed on exit from your 401(k) account during your retirement. Since…
The term “suspension account” can have several different meanings, depending on the context. In the general business world, a suspense account is a section of a company’s financial books where it can record ambiguous entries that require further analysis to determine their proper classification. In the mortgage service, the manager can use a suspense account…
What is a haven of peace? A safe haven is a type of investment that is expected to maintain or increase its value during times of market turbulence. Investors look for safe havens to limit their exposure to losses in the event of a market decline. However, the assets that are actually considered safe havens…
If you have never worked or paid Social Security taxes (or haven’t paid them long enough), you won’t be able to claim Social Security retirement benefits on your own. However, you may be able to receive spousal benefits through your spouse’s account. You can file a claim under their account from age 62, provided your…