All posts in "Personal Finance"
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Definition of the Norwegian krone (NOK)

By Mark Holland / 24 minutes ago

What is the Norwegian krone (NOK)? The Norwegian Krone (NOK) is the official currency of Norway. NOK is short for currency transactions in pairs, such as USD / NOK for trading US dollars against the Norwegian krone. Key takeaways The Norwegian Krone (NOK) is the national currency of Norway. The crown has been the main […]

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When can you lose the rights to your 401 (k)?

By Mark Holland / 40 minutes ago

Most people who have 401 (k) plans know the basics, your employer withholds pre-tax dollars from your paycheck and deposits the money in an account where you can invest it. You can decide how much of your paycheck goes to your 401 (k), and your employer may make matching contributions. The money grows tax-deferred until […]

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Definition of the industrial goods sector

By Mark Holland / 43 minutes ago

What is the industrial goods sector? The industrial goods sector includes shares of companies that primarily produce capital goods used in manufacturing, resource extraction, and construction. Companies in the industrial goods sector manufacture and sell machinery, equipment and supplies that are used to produce other goods rather than selling them directly to consumers. Key takeaways […]

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How Much Should I Save for Retirement?

By Mark Holland / 52 minutes ago

Aaron Amat / Shutterstock.com Editor’s Note: This story originally appeared on Personal Capital. It might be the most common question asked by retirement savers: How much money do I need to save for retirement? There‚Äôs no one-size-fits-all answer to this question. It will be different for everyone based on a number of factors including time […]

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Definition of transaction

By Mark Holland / an hour ago

What is a transaction? A transaction is an entire agreement between a buyer and a seller to exchange goods, services, or financial assets. But in business accounting, this simple definition can get complicated. A transaction will be posted sooner or later, depending on whether the business uses accrual (or accrual) accounting rather than cash accounting. […]

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Should You Buy Property On Leased Land?

By Mark Holland / an hour ago

The most traditional form of home ownership is owning a house and the land on which it is built. Those who wish to avoid the costs of outdoor maintenance and upkeep can purchase a condo or townhouse. There is another homeownership option: buying just the home and leasing the land it occupies. Buying a home […]

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Qualifications Every Financial Advisor Needs

By Mark Holland / an hour ago

A financial advisor is a professional who works independently or is employed by a financial firm who provides guidance to clients on investments and monetary decisions. Advisors make money by charging clients a commission for operations or an advisory fee for managed accounts. In recent years, the financial advisory industry has moved from a typical […]

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