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Measuring the Diamond: Understanding the 4Cs

Measuring the Diamond: Understanding the 4Cs

A diamond value, rarity and beauty are determined by features that are commonly known as the 4 Cs. These refer to colour, clarity, carat and cut. Before deciding on purchasing a diamond or diamond in the jewellery, it is vital to understand why two diamonds that may look exactly the identical are actually valued differently. […]

Filed Under: General, Investment, Life Style

How Can I Start an IRA for My Child?

How Can I Start an IRA for My Child?

In general, people want to have a comfortable life when they retire. Preparation is been made by saving money as early as possible for the retirement fund. This is how IRA plays a role. An Individual Retirement Account (IRA) is a type of savings account that is designed to help you save for retirement and […]

Filed Under: Investment

What are Mortgage-Backed Securities (MBS)?

What are Mortgage-Backed Securities (MBS)?

The quick answer for Mortgage-backed securities or MBS are bonds secured by home and other real estate loans. A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages. This security must also be clustered in one of the top two ratings as determined by an […]

Filed Under: Investment, Loan

What are the Differences between Demand Deposits and Term Deposits?

What are the Differences between Demand Deposits and Term Deposits?

The term of deposits is often used in many financial institutions such as the bank. These are part of their products and services they offered. Bank deposit can be divided into 2 major categories, namely demand deposits and term deposits. In short, a demand deposit is a sum of money or fund given to the […]

Filed Under: General, Investment, Life Style

What is Certificate of Deposits?

What is Certificate of Deposits?

A Certificate of Deposit (CD) is a saving certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirement. CDs are generally issued by commercial banks, credit unions and thrift institutions.  A CD restricts access to the funds until the maturity date of the […]

Filed Under: General, Investment

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