The backdoor Roth IRA is an indirect loophole that allows high-income earners to contribute to the Roth IRA. Although, the government-sanctioned contribution to the Roth IRA through a backdoor, if you...
This is a term used to describe people who were born between 1946 and 1964. The baby boomer category represents a large portion of the world population and has a significant impact on the world econom...
These are income fixed securities available that are usually sold for smaller dollar rates typically for $500 or less. Baby bond is very popular among average investors as a result of its small invest...
Acceptable Quality Level (AQL) The Acceptable Quality Level (AQL) is an industrial metric that determines the quality level of a good product or service that is the least tolerable. The accep...
One of the effective ways to be up to date with any company you intend to make an investment is to go to the SEC's EDGAR database and check all the forms they are supposed to fill under U.S. Securitie...
This is a tax election that allows startups business owners to pay tax on the total fair market value of vested shares. When shares are subjected to vesting, it means that at every time a portion of t...
The 52 Weeks High/Low is a record on the price of the stock for the past 52 weeks. It is a record of the highest and lowest stock price the previous year that helps stock investors to monitor the curr...
College Education is expensive and that why some parents are starting early to be sure that their children have the funds they will need to pay for tuition when they go to college. For some families, ...
80-20 Rule is also known as the Pareto Principle after its founder Vilfredo Pareto, an Italian economist. It is one of the most important concepts of life which states that 20% of input generates 80% ...
An adhesion contract is an agreement between two parties where one party has more power than the other and the terms and conditions of the contract is not negotiable. Generally, contracts contain ...