Insights
UAE expats’ retirement funding time bomb – work harder and for longer (The National)
UAE Residents say they do not believe their end of service gratuity will meet the needs of their retirement. That is according to a new poll from the insurer Zurich International Life. Of the 1,000 surveyed, 83 per cent said the bonus they receive, when they end employment with a company here, is inadequate to…
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Retirement ages across the world
A survey conducted by Wells Fargo revealed that 22 percent of the middle class Americans say they prefer an early death to retiring without enough money to help them live a comfortable life. This is just how depressing the situation has been for people not just in America but also at other different countries. After…
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Why Financial Planning Is More Important Than Ever!
From early on people are taught not only how money works but how it impacts people in different societies. Financial planning is extremely important but most people don’t really understand how to financially plan for the future. For instance, in many developed countries minimum wage standards keep people in certain financial categories. In the many…
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The Impact of Greek Parliamentary Elections on Europe
Five years in to the euro crises since 2009, on the 25th of January, general elections were held in Greece for the Greek parliament. The election results clearly show that Greek voters have rejected tax rises and government spending cuts, imposed by Eurozone and have elected the left-wing Syriza party. The Syriza party has won…
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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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