Blog Posts

The last few months have demonstrated the risk of investing in an altcoin. The collapse of Luna, UST, and Celcius has shown us that even large altcoins, stablecoins and seemingly collateral-based altcoins can collapse at any time. This does not mean that you should avoid investing in altcoins. Altcoin trading can bring large profits, and […]

Short Sale Basics A short sale in real estate is when a homeowner sells their property for less than the mortgage balance owed on the home. The lender agrees to release the lien on the property and accepts the payoff amount as full payment on the loan. This can be a viable option for homeowners […]

What Is Cost Cutting? Cost cutting generally refers to measures implemented by a company to reduce its expenses and improve its financial performance. The goal of cost cutting is usually to increase profits or free up cash flow so that the company can invest in other areas of the business. There are a variety of […]

What Is Straight Line Depreciation? Straight line depreciation, also known as straight line basis, is the simplest method of calculating depreciation under generally accepted accounting principles (GAAP). In general, businesses depreciate their capital assets over the life of the asset. The Internal Revenue Service (IRS) requires businesses to use one of several approved methods when […]

What Is Cost Basis? Your cost basis is the original value of an asset for tax purposes. When you sell an asset, your capital gain or loss is calculated by subtracting your cost basis from the proceeds of the sale. If you have held the asset for more than one year, you may be eligible […]

What Is Triple Net Lease? At its core, a triple net lease is an agreement between a tenant and a landlord in which the tenant agrees to pay all of the operating expenses associated with owning and maintaining the property. These expenses can include things like insurance, taxes, and repairs. The term “triple net” refers […]

What Is 401(a)? 401(a) is a type of savings plan that is sponsored by an employer, typically offered by government agencies, educational institutions, and nonprofit organizations rather than by companies in the private sector. This type of plan allows employees to save for retirement on a tax-deferred basis. Employers may also make contributions to employees’ […]

What Is the Cash Conversion Cycle? The cash conversion cycle (CCC) is a metric that expresses the time between a company’s purchase of inventory and the collection of receivables from customers minus any payments due. In other words, it measures how long it takes for a company to turn its investments in inventory and other […]

What Is An Indemnity? An indemnity is a financial compensation arrangement in which one party agrees to reimburse the other party for any losses that may be incurred as a result of a specific event. The purpose of an indemnity is to protect one party from any potential financial damages that may arise from the […]

What Is Indexed Universal Life Insurance (IUL)? Indexed universal life insurance (IUL) is a type of permanent life insurance that offers death benefit protection and the potential for cash value accumulation. The cash value growth of IUL policies is tied to one or more stock market indexes, providing the policyholder with the potential to participate […]