EDU Articles
Learn about investing, trading, retirement, banking, personal finance and more.
How Much Will Long-Term Care Insurance Cost?
The cost of long-term care insurance varies depending on the policy and the age of the insured. Generally speaking, however, the insured can expect to pay between a hundred to several hundred dollars a month. Typically the total cost adds up to at least a few thousand dollars per year.
Furthermore, you will be required to continue paying the premium through your retirement (until you begin using the insurance), and if you fail to pay the annual fee, you might lose some or all of your coverage (regardless of how much you have paid up to that point).
Therefore, it is important to make sure that your financial plan accounts for the need to consistently make payments from now until you need the benefits, if you ever do.
How Much will Life Insurance Cost Me?
Do I Need a Financial Advisor?
What is a Good Financial Advisor?
What is a long position in options trading?
To be “long” means to own a security, and to essentially be bullish on it. When people buy stocks, they are "long"
What are futures contracts?
Futures contracts constitute a binding agreement to trade a commodity or share at a future date at an agreed-upon price
What is defined as a market correction?
A market correction is typically a sharp, sudden decline in stock prices, where they fall in value by around 10% - 20%
Should I Hold an Annuity Within My IRA?
An IRA already provides the investor with tax-deferred growth, so an annuity will not provide any additional tax benefits
How Can I Establish a SEP IRA?
SEP IRAs do not have to be established until taxes are filed for the year, and it can be done quickly
What does Ticker Mean?
A ticker symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security
What is Private Equity?
In the world of finance, private equity is a relatively new industry whereby private companies finance other businesses
What is Margin?
The act of “going on margin” means borrowing money from the custodian of your account, in order to purchase...
Who is a Bill Collector?
Bill Collectors jobs are to extract as much payment from those who are past-due on payment obligations
What is the Federal Energy Regulatory Commission?
The FERC oversees the interstate commerce surrounding oil, energy, and natural gas