Annual Percentage Rate - Financial IQ by Susie Q

The interest rateThe percentage which, when multiplied by the face amount or principal of a financial instrument, such as a bond, savings account or loan, determines the amount of interest that will be paid to or by t... More adjusted to reflect any associated expenses, such as closing costs, mortgage insurance or loan origination fees. Annual percentage rates are always stated before consideration of the impact of any compounding.

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At What Price Should I Buy a Stock? March 31, 2020

Deciding at what price to buy a stock or other security is almost as hard as deciding whether to buy the security at all. There are many different approaches for deciding at what price to buy a stock. One of the ones I’ve seen discussed most often is dollar-cost averaging. Other strategies include (1) buying […]

Susie Q

Your Bills: Pay Them or Defer Them? March 24, 2020

Many of you are facing difficult financial decisions as your hours are reduced, you have to take an unpaid leave of absence or you are laid off. At the same time, some creditors are offering to help you by waiving or deferring payments. In this post, I’ll provide my thoughts on how you might decide […]

Susie Q

Don’t Panic! Just Plan It. March 15, 2020

Financial markets have been more turbulent in the past few weeks than has been seen in many years, probably more volatile than has happened since many of you started being financially aware. You may be wondering what actions you should take. With the sense of panic and urgency surrounding recent news, it often feels as […]

Susie Q

The Different Types of Life Insurance March 3, 2020

The life insurance landscape is confusing, to put it lightly. One can get lost in the different types of policies and terminologies, such as whole life, term life, cash value, variable life, and a lot more. If you want to purchase life insurance, you need to first understand the different types, how they work, their […]

Baruch Silverman

Mutual Funds and ETFs February 18, 2020

Mutual fund and ETFs (exchange-traded funds) allow you to invest in securities without having to select individual positions. Instead, the fund manager makes the decisions as to when to buy and sell each security. As such, a fund is an easy way for new or busy investors to participate in financial markets. This post will […]

Susie Q