Cash-out refinance replaces your existing loan with a bigger loan amount and allows converting home equity into cash, potentially reducing your current mortgage interest rate and monthly payments. Additionally, you can use the cash for home renovations, tuition fees, or debt consolidation. With a cash-out refinance, you can access the funds you need when you …
What is a cash-out refinance? Basics you need to know. Read More »
Bonds are essentially debt instruments that corporations and governments use to raise money. When an entity issues a bond, it is essentially borrowing money from investors and agreeing to repay the loan over a specific period with interest. Governments and corporations often issue bonds to raise capital. When a bond is issued, the issuer typically …
What are Bonds in Finance? The basics you need to know. Read More »
Money and capital markets are two significant parts of the global financial structure. The money market is a trade on borrowing and lending short-term funds among governments, banks, corporations and other financial institutions. The lending periods may vary from overnight to year-long. On the other hand, the capital market is the place for trading stocks …
Financial literacy is understanding and using financial information and products to make sound financial decisions. It includes knowledge about various financial topics, such as budgeting, saving, investing, credit, and retirement planning. Financial literacy should also include understanding financial instruments such as bonds, stocks, crypto, and ETFs and apply in the real world to achieve financial success. …
CPI (Consumer Price Index) is a commonly used measure of inflation in the United States. It measures the average change in prices of consumer goods and services purchased by households. CPI data is released monthly by the Bureau of Labor Statistics in the United States. The Consumer Price Index for All Urban Consumers (CPI-U) rose …
A Command Economy is an economic system in which the government controls the production and distribution of goods and services. Command economies are often associated with communist countries but can also be found in other authoritarian regimes. The government makes all economic decisions in a command economy and owns all businesses. This means that there …
Treasury Inflation-Protected Securities, or TIPS, are bonds offered by the U.S. government that protect against inflation. The principal value of a TIPS bond increases with inflation, as measured by the Consumer Price Index, and the interest payments on the bond adjust accordingly. The investor receives the adjusted principal when the bond matures, typically higher than …
Gross National Product (GNP) is the total value of all final goods and services produced within a nation in a given year, plus the net income from abroad. GNP is one of several measures of national income and output. It differs from Gross Domestic Product (GDP), which measures the value of all final goods and …
What is the definition of GDP? GDP stands for Gross Domestic Product. The gross domestic product is the sum of all a nation’s goods and services produced in a given period. GDP is one of the most important measures of economic growth and development. It can help policymakers and economists track the progress of a …
Metaverse Crypto is a new digital or virtual world where users can interact and share content. The term metaverse (also known as metaverse crypto) refers to a computer-based model of a digital world, most often used to describe an alternate reality that is fully immersive and realistic. The concept was popularised by sci-fi author Neal …
Crypto Winter is the term used to refer to a period when the price of cryptocurrencies slumps, causing people to become more cautious. The term crypto winter typically refers to a period in which the price of cryptocurrencies falls significantly and can be caused by technological issues, market manipulation, or other factors. Crypto winter usually does not …
