Annual Percentage Yield - Financial IQ by Susie Q

The annual percentage rateThe interest rate 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... More after consideration of the impact of compounding. Annual percentage yieldThe annual percentage rate after consideration of the impact of compounding. Annual percentage yield is the same thing as the effective annual rate. is the same thing as the effective annual rateThe annual percentage rate after consideration of the impact of compounding. Effective annual rate is the same thing as the annual percentage yield..

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What You Need to Know About Stocks November 5, 2019

Stocks are a common choice for many investors. There are two types of stocks – preferred and common. Because most investors buy common stocks, they will be the subject of this post. I’ll talk about what you need to know about stocks before you buy them, including: Stocks and how they work. The price you […]

Susie Q

Recovery from Financial Disaster October 15, 2019

Ever wonder how you’d handle a complete reversal of your finances? I have a friend who had a lifestyle most people would envy and lost everything, including her marriage. I didn’t meet her until after her recovery from her financial disaster. She is one of the most resilient, generous people I know and was kind […]

Susie Q

Top Ten Posts in Our First Year October 8, 2019

Financial IQ by Susie Q celebrated its first birthday last week. In the first year, we published 52 posts on our site, two of which were guest posts from other authors, and published two posts on other blogs. In case you haven’t had time to keep up with reading the posts as they are published, […]

Susie Q

Umbrella Insurance Reduces Your Risk September 26, 2019

Umbrella insurance provides broader coverage and more limits than your auto and homeowners policy for liability claims made against you. In this post, I’ll provide: An explanation of what liability is. A description of what is covered under an umbrella policy. An illustration of how the limits work. Some examples that compare the cost of […]

Susie Q

Annual Retirement Savings Targets September 12, 2019

Once you know how much you want to save for retirement, you need a plan for building that savings. Your annual retirement savings target depends on your total savings target, how many years you have until you want to retire and how much risk you are willing to take in your portfolio. In this post, […]

Susie Q