Is it possible to earn a significant return from a foreign exchange (FX) account? And if so, how are account holders to calculate their returns on a one-year run of outsized returns? Step one is knowing which kind of calculator to use for the job. Fortunately, when figuring year-on-year earnings, a simple compound interest calculator […]

If you are in your early 20s and just starting your career, you might not be too concerned about retirement. It is still decades away, so it might seem that there is no need to worry about it just yet. Even though it might be the farthest thing from your mind, once you understand how

Tax advantaged retirement savings is a long-term prospect, and there are many different resources that people can use to make it easier for themselves. The most costly mistake when it comes to retirement is waiting too late to get started. Even a small trickle of savings when a person is young can make a big

Financial Knowledge Gap: We live in a world of gender gaps; a world where we assume that women are generally better than men in some aspects of life. Even though most of these assumptions are wrong, they become perpetuated through cultural bias until they turn into self-fulfilling prophecies. The latest example of this conundrum comes

Here’s a question that many investing rookies often ponder: If compound interest is such a great financial strategy to follow, why do Wall Street investors even bother to risk their capital on trading equity securities? The answer is not so simple because the bottom lines can be similar for compounding and stock portfolios as long

Do you have a long-term saving strategy? If not, now is the time to begin building one. The good news is that it’s not rocket science. All you need are a few pieces of data and a compound interest calculator to get started. What should everyone know before they set out to develop such a