How To Manage Your Mortgage Payment Normally, banks and financial consultant will advice you to pay extra money into your mortgage With this method, it will help you cut down the huge interest amount and reduce the period over which you pay back the loan For example, if you borrow $200 000 over 30 years at a rate of 5%, your monthly repayments would be around $1074 Over 30 years, you would actually pay $1074 x 360 (months), which is $386 640 That's $186 640 in interest! ...

A Guide to Mutual Funds If you've been thinking about getting into investment but aren't sure what you should invest in, you might want to consider looking into investments in mutual funds These funds are designed to provide a diverse investment opportunity for the shareholders who have purchased shares in the fund They can be used as an easy way to create a diverse investment portfolio, or they can be used to accent your own portfolio with securities that have been chosen by the creator of the ...

The Definition Of Asset Management Many of you have probably heard the term "asset management" Before, but you may not have an idea of what it really is Asset management is a broad term It can be defined as a process that guides the gaining of assets, along with their use and disposal in order to make the most of the assets and their potential throughout the life of the assets While doing this, it also manages and maintains any ...

Understanding The Money Market The money market is one of the safest financial markets available It is commonly used by large corporations, financial institutions and governments to secure their money resources for a short period of time They are often compared to the bond They are secure investments that are specialized The main difference, though, in a bond and a money market is that the money market is usually for a very short period of time, usually under a year ...

ETFs Unplugged Is your financial advisor missing a critical piece to the ETF? Exchange-traded funds (ETFs) are great investment tools but most have a flaw that investors and advisors usually miss LetÂ’s take a look under the hood and introduce some new and innovative ETF products Essentially, ETFs are nothing more than an index fund that trades like a stock Because of their simplicity, flexibility, low cost and tax efficiency they are growing fast Last year the Barclays iShares family of ETFs ...