In the final part of our Mining Financial Basics series, we briefly cover ten common financial terms you might hear around the mine site. This is the final post in the series, and I hope youve enjoyed the series and learnt a little about the financial concepts youre likely to encounter around a mining operation or mining company head office. To finish off, heres a brief list of some other common financial terms you might hear: Earnings Before...more
If you do not want you see lying in the quagmire of finances, you must require looking for a good investment strategy. Any bad ones can lead you financial hellhole and most often, people tend to get tempted to make investment planning as per their lifestyle. But, the crucial point is people confuse over their lifestyle and investment strategy. A good investment strategy does never grow out of an extravagant lifestyle. Most often, it begets...more
An Asset Finance Leasing and Loan Strategy ? Most Canadian business owners and financial managers realize they can either purchase fixed assets out of equity, or finance those same assets on a long term lease.Business owners need to focus heavily on the use of the asset. Any company that acquires assets has either a long term view of the asset or a short term view. Lease financing is an excellent method of financing long term assets.From the company perspective a long term lease on the asset - typically 3-5 years, and sometimes longer, is simply a method of purchasing the equipment via a ' loan '. The company simply decides on which asset or assets they wish to acquire, and then negotiates a price with the vendor or manufacturer. Typically the company is either dealing with the vendor/mfr. or the captive finance firm related to that manufacturer.Business owners are barraged with claims that ' leasing provides 100% financing ' or that it ' conserves capital '. More sophisticated business owners and financial executives know that long term leasing is in fact a solid mechanism for tax avoidance. Some people maintain that if corporate taxes disappeared...more
Recently the SEC issued an Alert as to financial social media. In the Alert, the staff notes that the "use of social media by the financial services industry is rapidly accelerating" and encourages firms using financial social media to "adopt, and periodically review the effectiveness of, policies and procedures regarding social media in the face...more
Understanding finances and taxes is not everyones forte as most of us are unable to get the gist of figures and complexities that come along without knocking... Many a time, financial assistance has to be sought from professionals who have the required training and experience in managing money for third party in the form of insurance, investments...more
When becoming an adult, it's absolutely essential that you understand how to properly handle the money you have in a responsible manner. Do you have no knowledge about how to handle your finances? Do you want to improve your money handling skills? If the answer is yes, keep reading. You can always learn more about personal finances. Here are some of the ways in which you can do it.If you eat less fast food or eat out less in general, you can save a lot of money. Saving money is easier when the ingredients are bought and cooked at home; there is also appreciation for effort taken to create a home-cooked meal.Younger people looking to stay out in front of their finances would do well to discover the wonders of compounding interest. Save a little from what you earn in a savings account.Mix your investment portfolio up with some foreign interests. Instead of doing painstaking research on foreign stocks, check out no-load mutual funds, which bundle a bunch of stocks together so that you only have to research their performance as a unit.You may want to consider getting a checking account that has no fees. Check out the banks in your community, and don't forget to also look for...more
The sale leaseback transaction in Canada. It's back. Let's examine the resurgence of this unique financing transaction via a lease finance company or other financial firm.Canadian business owners and financial managers, as owners of certain...more
Thanks to the large number of obtainable loan offers nowadays, the average folk can lose the thread pretty quickly.The secured and the unsecured loan are the two main loan groups. Even if you already know well these terms, below you can interpret a...more
One of the major considerations anybody would have when about to go in for that new car or second-hand car purchase is the arrangement of car finance. Not many would have the luxury of making full cash or credit card payment and when you consider the...more
The financial markets have always been a place where several people try their hand at understanding stocks and shares and making the most of their money. While some have been prudent about the way they have gone about it, others have allowed...more
Sometimes people even do not have time to go through formalities for taking up a cash support. Instant 100 loans are for those people who do not have time because of their busy life schedule, but, require cash in urgent basis to sort out short-term...more
Have you been looking for information about refinance? To help you learn what you need to learn it is important for you to first find out about the different types of mortgage rates that can be found with lenders.Knowing the differences between the...more