Essays on Personal Finance

1. Canada’s economy is stable and predictable. According to the International Monetary Fund 2011 report, the Canadian economy is fiscally strong due to its low net debt-to-GDP ratio. 2. Canada is the leader in low corporate tax rates among the G-7 nations. As...

Fires and Fire Insurance Fires are risks that are sometimes inevitable and thus business owners are advised to insure their premises. There are several factors in play, especially for insurance company underwriters when determining the fire insurance premium policy for any business structure. Some of these crucial factors include the presence...

1. Company Overview I run a real estate company which is registered by the name Homeland Realtors ltd. It engages in the business of selling and buying commercial, residential and industrial properties. The real estate company has a total of 10 salespersons that are licensed by the Real Estate Commission. They...

ETFs: An Introduction ETFs are funds that track a stock index, bonds, or commodities. In contrast to mutual funds, exchange-traded funds are not actively managed, since their policy is only to reproduce the same diversification of a particular index.[1] Passive Investment Strategy Investors in these open-end funds pursue a passive investment strategy. Banks...

Banks are financial service institutions which accept deposits from the public and private organizations and create credits to individuals and organizations who are in need of finance. The banking industry is a vital sector of the service industry across the globe. Gradually, competition in this industry has been stiff with...

The business contract agreement The business contract agreement between William Smith Company LLC and Capital Edge company LLC aims at ensuring there is the provision of advice as far as William’s company ways of raising additional capital are concerned. Also, the company will be advised on suitable strategies for growth, methods...

Financial Institutions regularly maintain close working relationships with their customers, both with large corporate borrowers and mid-market business borrowers.  It serves the financial institutions and the borrower’s interests as they will both benefit as a result. Borrowers see dramatic reductions in fees for due to the effect of having an...

Portfolio Analysis The study derived the efficient frontier of risky assets for a portfolio consisting of seven companies. It used historical data for monthly stock prices from January 1st, 2012 to December 1st, 2017. All the stock prices were for the first date of every month throughout the period. The study...

Aflac is an insurance business holding which is considered a management company. The agency looks into various operations by providing health-related insurance policies. The company operates through its two main segments – Japan and the US. In Japan, the company has concentrated on death benefits and more so issuance of...

Project Planning and Cost Reduction Project planning or planning a budget can be one costly affair if not handled keenly; especially regarding time and cost. Budget planners need to use cost-effective measures when budgeting to maximize the use of the resources available. There are several ways planners can use to reduce...

Interest rates and their impact Interest rates, in any economy, are controlled by the Central Bank using the monetary policy. Central banks often lower rates during economic recessions mainly to increase investment spending that will later improve economic growth. Reduction of interest rates affects both the consumer and the economy. Effects on...

In America, banks operate in an open market where they are allowed to set their interest rates. In deciding what rates to charge a borrower, the bank considers the credit-worthiness of the customer. Interest rate risks (IRR) occur when banks give long-term loans that are funded by short-term deposits. The...