Hi! My name is Wayne I am a financial services consultant who has been educating parents, just like you, in attaining thousands of dollars for their college bound student. They've revealed how to avoid making the biggest errors that most others make... and how to get their hands on extra money they never before believed existed!If you are like most other parents I've met, you are filled with worry and strain as you try to figure out a magic...more
People are increasingly aware of the importance of education and are willing to do all the sacrifices required to earn a degree. In this effort, distance learning colleges and universities have been a great help. In fact, because of a handful of colleges / universities have started offering online courses, today has become a global phenomenon.The financial angle of the courses offered by Distance Learning CollegesPeople love the fact that they...more
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 Interest and Tax this is the most common measure of what we normally call profit. It is total revenues minus total costs, but excluding the costs of paying interest on borrowings or paying tax. Interest and tax are excluded to basically show the net profit achieved before taking into consideration taxes and finance costs. We exclude interest and tax as these costs are not directly related to how profitable or well performing the operation is. They are more like costs of doing business rather than directly telling us how well we are going. EBIT is the most common form of measuring operational profit. Earnings Before Interest, Tax, Depreciation and Amortization another measure of profit. This time it is revenues minus costs, again excluding the...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...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...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 of rapidly changing technology." The staff goes on to make the following observations.General ObservationsThe staff notes that firms vary in their compliance program approaches to financial social media, and that many firms currently have multiple overlapping procedures that may generally apply to the use of financial social media, rather than a single, unified social media policy. The staff expressed concern that these overlapping procedures (covering, for example, advertisements, client communications or electronic communications) may create confusion regarding their application to the use of financial social media by investment advisory personnel and the types of social networking activity that are permitted or prohibited by an investment adviser.Factors for Investment Advisers to ConsiderThe Alert sets forth a non-exhaustive list of...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...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...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 asset...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