Finanzen

Analyzing Mutual Funds for Maximum Return

Analyzing Mutual Funds for Maximum Return

Mutual fund analysis typically consists of an elementary analysis of the fund’s strategy (growth or value), median market cap, rolling returns, standard deviation, and perhaps a breakdown of its portfolio by sector, region and so on. Investors often settle for statistical results without questioning the underlying drivers of those results, …

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Understanding the Cross Elasticity of Demand

Understanding the Cross Elasticity of Demand

What Is Cross Elasticity of Demand? The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes. Also called cross-price elasticity of demand, this measurement is calculated by taking the percentage change in the …

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Fiscal Year (FY) Definition

Fiscal Year (FY) Definition

What Is a Fiscal Year (FY)? A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting. A fiscal year is most commonly used for accounting purposes to prepare financial statements. Although a fiscal year can start on January 1st and end on December 31st, …

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Government Accounting Standards Board (GASB)

Government Accounting Standards Board (GASB)

What Is the Government Accounting Standards Board (GASB)? The Government Accounting Standards Board (GASB) is a private non-governmental organization that creates accounting reporting standards, or generally accepted accounting principles (GAAP), for state and local governments in the United States. Key Takeaways: The Government Accounting Standards Board (GASB) is a private …

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Biden Releases ‘Roadmap to Climate-Resilient Economy’

Biden Releases ‘Roadmap to Climate-Resilient Economy’

The Biden administration has released a 40-page document entitled “A Roadmap to Build a Climate-Resilient Economy.” Dated Oct. 14, 2021, it has been prepared pursuant to Executive Order 14030, U.S. Climate-Related Financial Risk, signed by President Biden on May 20, 2021. The news release and fact sheet accompanying the document …

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What Are Social Security Benefits?

What Are Social Security Benefits?

What Are Social Security Benefits? Social Security benefits are payments made to qualified retirees and disabled people, and to their spouses, children, and survivors. Social Security—officially the Old-Age, Survivors, and Disability Insurance (OASDI) program in the U.S.—is a comprehensive federal benefits program designed to provide partial replacement income for retirees …

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9 Ways to Boost Your Social Security Benefits

9 Ways to Boost Your Social Security Benefits

Workers contribute to the Social Security fund through payroll taxes over a lifetime of work, so you might as well make the most of your benefits. This article contains nine ways you may be able to boost your Social Security benefits. Key Takeaways Retirees can boost their Social Security with …

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