A certified check represents a guaranteed payment. It is a safe way to ensure payment in a transaction when a payer’s creditworthiness is not known to the buyer or payee. Read this article to learn more about certified checks.
If you need help when it comes to banking and money related transactions such as money orders, debit cards, and even PayPal, this is the place to be. You'll find help on choosing the right bank and accounts, choosing the right online payment processor, tracking money orders, and even how to set up your banking to match your personal finance goals.
The question of can you go to jail for writing bad checks is yes. In most cases, a bounced check could be turned over to police for criminal prosecution.
If you’ve written bad checks and had your name entered in a bad check database it may affect your ability to write checks at a store or even open a bank account. However, there are legal ways to get around these in some cases.
Not every person has a checking account or a debit card. For people who wish to deal only in cash, the money order is the safest option. Once you send out that money order, how can you tell if the “order” has been cashed?
With all of the taxes we are required to pay, you may ask yourself what transactions do banks report to the IRS. This is a valid concern. Some transactions are reported because of taxes, but some are also reported to stop money laundering and crime. Learn about which transactions banks report.
For various reasons, it is not uncommon for corporations to split stocks. Investors must be aware of the effects a stock split has on a firm’s value.
The Dow Jones Industrial Average is an often-cited phrase in business and trade publications. Many new investors are unaware of its significance to trading securities.
Buying and selling securities such as stocks and bonds takes place in one of two markets. Learn about the difference between primary and secondary markets from the perspective of an investor.
Investing in stocks takes several parties working together so corporations can sell shares of ownership to investors. Learn how brokers, dealers, and other people make trading stocks possible on stock exchanges such as NYSE.
The present value of an annuity formula assumes equal cash flows at each time period. However, sometimes cash flows are not even. Learn how to use a formula to calculate the present value of uneven future cash flows.
The future value of an annuity formula is not adequate when the future cash flows of an asset are not regular. In this case, each cash flow must be calculated separately and added to the total future value of the asset. Learn how to use a formula to calculate the future value of uneven cash flows.
Some investments pay a regular cash flow over a period of time such as with dividend payments to common stock holders. These annuities can be valued by calculating their present and future values.
When the present value and future cash flows of an asset are known, an interest rate can be calculated by rearranging the present value formula. Learn how to calculate a discount rate on an asset or security.
Stocks and bonds represent two very different securities. Stocks are equity in a corporation while bonds are debt.
In Capital Markets, Derivatives are securities that literally derive their value from other securities. Options and Futures are the two most common Derivatives.