Financial Planning
Action in the Eurozone
It is expected that the ECB (European Central Bank) is going to announce its plan to add €1 trillion into the eurozone economy to overcome the its ailing economy. he idea is to reduce the cost of borrowing by QE (Quantitative Easing) or generating new money in order to pay off government debt. Therefore it…
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Key Considerations of Behavioral Finance
The central issue in behavioral finance is explaining why market participants make systematic errors contrary to the assumption of rational market participants. Such errors affect prices and returns, creating market inefficiencies. It also investigates how other participants take advantage (arbitrage) of such market inefficiencies. Some of the following traits, knows as heuristics follow. Psychology concepts…
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A look at FATCA (Foreign Account Tax Compliance Act)
The United States global tax law; Foreign Account Tax Compliance Act (FATCA), came into effect on 1st July 2014. The FATCA is at last here after a period of 4 years, initially developed in 2010 as an approach to make America’s corporations and private individuals stop evading America’s taxes by depositing their money into their…
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