Bad debt is debt that makes you poor. Bad debts are expenses or liabilities that do not put any money in your pocket each month. Bad debt is, in every case we could think of, consumer debt. Most of the items you would consider putting on your credit card would fall into this catagory. Good debt, when understood and managed properly, is debt that makes you wealthy. Wealthy … [Read more...]
The benefits of secured loans
Borrowing money has become more and more popular over recent years, and this is partly due to the fact that it has become far easier to borrow money. Secured loans have become very popular with those that own property, and this type of finance deal offers affordability and excellent value for money. Secured loans are available from a wide pool of lenders, which means that … [Read more...]
What are the Types of Corporate Stock?
Stocks is an instrument that signifies an ownership position (called equity) in a corporation, and represents a claim on its proportional share in the corporation's assets and profits.It represent shares of ownership in a company. A company can issue several classes of stock, and they are grouped into either the common stock class or preferred stock class. Each class has its … [Read more...]
What is Return on Equity?
Return on Equity (ROE, Return on average common equity, return on net worth, Return on ordinary shareholders' funds) (requity) measures the rate of return on the ownership interest (shareholders' equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus … [Read more...]