INTRODUCTION: This essay seeks to find out that in present day loan transactions what measures can ensure the repayments; and how effective they are. The essay looks at the customary way of protection: the security _ by way of mortgage and charge; the nontraditional and smart ways that have evolved […]
Accounting
Warren Buffett and the Interpretation of Financial Statements by Mary Buffett and David Clark
For those who don’t know who Warren Buffett is, if there are such people left in the world, the book’s first writer Mary Buffett introduces him as, “For twelve years, I was the daughter-in-law of Warren Buffett, the world’s most successful investor and now its greatest philanthropist.” The purpose of […]
Offshore Trust: Protecting You From a Litigious Society
Anyone who has property or assets valued over $300,000 should consider protecting them from a possible lawsuit. Litigation, or “Who can I sue today?,” has become a popular means for the accumulation of wealth. We see it on television every day; people “recover” exaggerated sums of money for just about […]
4 Questions to Ask Before You Hire a Probate Lawyer
For any executive, going through the probate process is quite time-consuming and complicated. If you are the in-charge of fulfilling the last wish of the deceased, you may be looking for ways to make sure that the assets are calculated, liabilities are settled, and the rest of the property is […]
Protect Assets From Unexpected Medical Expenses
Many people face major problems if they have unpaid medical expenses. These expenses can become a threat to your home, savings or income. Without any medical insurance an extended stay at a hospital can become a financial burden amounting to tens of thousands or even hundreds of thousands of dollars. […]
Another Misguided Scramble For Africa? – Nigerian Banks Take Over the Continent
Between 2003 and 2008 the Nigerian banking sector experienced its own boom. Nigerian bank assets (according to BankScope data) went from USD 18.6 bn in 2003 to USD 84.2 bn in 2008, but have since fallen back as a result of the significant debt crisis experienced in 2009 (where the […]
Working Capital Management
Financial management decisions are divided into the management of assets (investments) and liabilities (sources of financing), in the long-term and the short-term. It is common knowledge that a firm’s value cannot be maximized in the long run unless it survives the short run. Firms fail most often because they are […]
Secured Personal Loans – What You Need to Know About?
Each one of us needs money to fulfill our personal needs. It could be to buy a dream car or to go out for a luxurious holiday. Do you know you can use equity in your home to get a loan? Yes, it’s true. Secured personal loans are tailored to […]
