Recent content by robertwilliam

Magic Formula Investing is a strategy that was invented by Joel Greenblatt that allows investors to select good stock based on two variables: high returns on capital and low valuation. It concentrates on the purchase of good companies at low prices and hence it is a simple, rules based, long...

Macro manager is an expert who takes investment decisions according to the macro trends in the economy such as interest rates, inflation, and world processes. They do not look at individual firms but rather the economy as a whole so that they can make decisions on where to invest in hopes of...

Keurig Dr Pepper, a large beverage company, owns Dr Pepper, and it was created in 2018 as a result of the merger between Keurig Green Mountain and Dr Pepper Snapple Group. It has a diversified portfolio of well-known brands of drinks and is primarily based in North America.

The Walton-Penner Family Ownership Group owns the Denver Broncos. Rob Walton is the leader of the group, with Greg Penner and Carrie Walton Penner. In 2022, they acquired the team, which until that time was owned by the Pat Bowlen Trust.

FOB is an abbreviation that means Free On Board; it is a term in business. It dictates the time of transfer of ownership and responsibility of goods between the seller and the buyer. An example is FOB shipping point in which the buyer takes over the responsibility of goods after they have been...

Debt snowball is a debt repayment technique where the smallest debts are tackled initially. You pay minimum amounts on all your debts and additional amounts on the smallest debt. When it is paid off, you proceed to the next. This is a way of creating motivation by quick wins.

An ex post facto law refers to a law that prosecutes a person who has committed a crime, which was not an offense at the time it was committed, or adds onto an existing punishment. It is deemed unjust and is not allowed in most legal systems as it goes against the concept of justice and legal...

Accountancy is a process of recording, organization as well as analysis of financial transactions of any business or of an individual. It assists in monitoring revenues, costs, and financial wellness. Accountancy is also used to enable compliance with laws and help in making decisions that are...

It is not difficult to file old taxes provided you take the right steps. Take previous income records (salary slips or Form 16), and download the appropriate tax forms for the year, and upload them via the income tax portal. Penalties or interest may be required. In case of doubt, one can...

On Zillow, active refers to the house being up for sale, and it is accessible to potential buyers. The listing hasn’t been sold, canceled, or taken off the market. When it is still listed as active, you can schedule a viewing, make an offer, or contact the agent.

The bookkeeping system in which all the financial transactions are captured in a debit and a credit account is called double-entry accounting. This makes the accounting equation remain balanced. It assists businesses in managing finances effectively, lessens errors, and ensures clean financial...

Market share is the percentage of total sales in a market that a business has control over. It demonstrates the performance of a business against its competitors. As an illustration, an example of a company that sells 20 products out of 100 sold in a market will have a market share of 20%.

The exemption of GST is based on your turnover and type of business. In India, GST does not require small businesses with a yearly turnover of less than 40 lakh (20 lakh in case of services) to be registered. States of special category have lower limits. Voluntary registration is however...

A financial planner assists the beginner to spend money wisely by designing a clear roadmap to save, invest, budget and goal accomplishment such as purchasing a home or a retirement. They evaluate your income, spending, and risk profile and provide options to increase wealth, amass less debt...

A deficit in trade happens when a nation is importing more goods and services than it is exporting. This implies that money is spent out of the nation to import goods. Although it is a possible sign of high consumer demand, a long-term trade deficit can affect local industries and economic...