Archive for the ‘Finance’ Category

Better Alternative to Refund Anticipation Loan for your IRS Refund

Sunday, February 1, 2009 13:28 2 Comments

Refund Anticipation Loan or RAL is nothing but a loan that you take out against your federal IRS refund. Almost all national tax preparation chains allow you to apply for RAL and then give you the money within 24-48 hours. The problem with RAL is that the extra money (APR) you pay for the convenience [...]

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Economy in the Tank but CEOs get a Pay Raise

Tuesday, June 24, 2008 20:50 No Comments

If you were the CEO of Merrill Lynch, you made $83 Million joining a company that has been badly hit by the worsening U.S Economy. AP did a survey on the salaries and signing bonuses given to CEOs and found out that even though the economy is in the tank, CEOs seem to be doing [...]

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AccountingBLOCK.com – Accounting Forums

Monday, March 17, 2008 9:33 32 Comments

Even though I had been working on AccountingBLOCK for a while, today I announce its launch. Accounting is very near and dear to my heart as I am pursuing my Bachelors in Accounting. I always wanted to start a website related to accounting and finally I decided that the best way I can contribute to [...]

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David Walker on CBS 60 Minutes

Wednesday, January 16, 2008 15:33 14 Comments

This video is little old but I think I am right when I say that we have started to see the affects of everything he is talking about in the stock market these days. Credit crunch is the result of fiscal irresponsibility and someone has to pay for it.
David Walker, the US Comptroller General of [...]

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Evaluating Stocks using Dividend Discount Model

Friday, January 4, 2008 16:10 7 Comments

Dividend discount model is a widely accepted financial tool used to evaluate stocks based on the net present value of the future dividends. It works by analyzing and making assumptions related to growth in dividends and interest rates. It’s a tool that is heavily based on speculation but what sets it apart from other financial [...]

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