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Federal Reserve - Definition The Federal Reserve Bank, or the "Fed", is the central banking system of the United States. It serves as the primary regulator of the US dollar, as well as the "lender of last resort" for other banks. Regulating Currency The Federal Reserve works to maintain the interest rates that banks use to lend money to each other - and by extension - the interest rate you would get when you take a loan out from… Read More...
Personal Finance
Contracts - Definition A "Contract" is a legally binding agreement between two parties (people, companies, or both). Having a contract means that if one party does not keep their word, the other can sue them in court… Read More...Bankruptcy - If you are severely behind on your bills and all other debt management plans have failed, the last option available is declaring Bankruptcy. What is Bankruptcy? Bankruptcy is a type of forced debt settlement, and… Read More...
Car Insurance - If you drive a car, you need to be covered by some sort of car insurance. You have probably seen dozens of advertisements from insurance companies claiming to help lower your rates, improve your coverage,… Read More...
How to Evaluate a Portfolio Manager - A good way to evaluate a manager is to ask many relevant questions pertaining to your own personal financial situation and your financial goals. Examples of questions to ask are: Read More...