High yield (or “junk”) bonds are corporate bonds issued by companies that have been given low credit ratings (BB or lower) by a credit rating agency. These companies are deemed…
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Small business cash flow
…day-to-day operations and allow you to pay your employees, suppliers and creditors on time. Cash flow is an important measure of the financial health of your business. Banks and investors…
Your home as an investment
…it can have a positive impact on your credit history — you will be considered credit-worthy. Before taking on a mortgage or another kind of loan, consider these questions to…
Service expectations of financial advisors
…“gold star service” for each. Use this list when working with a financial advisor to ensure you get a level of service you deserve and are satisfied with. Service: Providing…
Indices and index funds
…a passive investment strategy. Funds that use passive investment strategies generally have lower costs than funds that use active investment strategies, because the passive fund’s portfolio manager doesn’t have to…
How power of attorney works
…attorney by either: Making a written statement called a ‘revocation’ or a Notice of Revocation. There is no special form you need to use. Or, Working with a lawyer who…
Financial statement basics
…step to informed investment decision-making. In general, the financial statements provide historical financial information about a company that is useful to existing and potential investors, lenders and other creditors in…
IOSCO C8 Report on Senior Investor Vulnerability
…best practice, and to act as a foundation for developing toolkits and work-streams for different regulators to use. The FCA, together with FINRA, have managed this project. The report signposts…
Planning for long-term care
…important to think about saving and identifying funds that could be used for your future care. If possible, talk to a financial advisor who can help you create a financial plan for…
Investing in the exempt market
…exemptions. The exempt market allows you to invest in prospectus exempt securities. Prospectus exemptions can help businesses because it lets them raise money without the time and expense of preparing…