Author: Harper Cole
Harper Cole is an experienced financial professional with more than 9 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Highlights from his career in the securities industry include implementing firm-wide technology migrations, conducting education for financial planners, becoming a subject matter expert on regulatory changes, and trading a variety of derivatives. Chartered Leadership Fellow at the American College of Financial Services, he coached and supervised financial planners on making suitable recommendations of complex financial products.
IntroductionCertified Financial Planner (CFP) is a professional designation given to individuals who have met the education, examination, experience, and ethics requirements set by the Certified Financial Planner Board of Standards. CFPs are qualified to provide financial advice to individuals and businesses on a wide range of topics, including investments, retirement planning, estate planning, insurance, and tax planning. To become a CFP, individuals must complete a bachelor’s degree, complete a CFP Board-approved financial planning education program, pass the CFP Certification Examination, and meet the CFP Board’s experience requirements. The CFP Board also requires CFPs to adhere to a strict code of…
IntroductionA Certificate of Deposit (CD) is a type of savings account that offers a fixed rate of return over a predetermined period of time. CDs are offered by banks and other financial institutions and are generally considered to be a safe and secure way to save money. The rate of return on a CD is usually higher than a regular savings account, but the money is locked in for the duration of the term. When the term ends, the money can be withdrawn or reinvested in another CD. CDs are a great way to save for retirement, college tuition, or…
IntroductionThe CBOE Volatility Index (VIX) is an index that measures the market’s expectation of 30-day volatility implied by S&P 500 index options. It is a widely used measure of market risk and is often referred to as the “fear index” or the “fear gauge”. The VIX is used by traders to gauge the level of fear or complacency in the market. It is also used by investors to help make investment decisions and to hedge against market volatility. The VIX is calculated and disseminated by the Chicago Board Options Exchange (CBOE).What is the CBOE Volatility Index (VIX) and How Does…
IntroductionA cashier’s check is a type of check issued by a financial institution and signed by a cashier or teller. It is a form of payment that is guaranteed by the issuing bank, meaning that the bank promises to pay the full amount of the check to the recipient. Cashier’s checks are often used in large transactions, such as real estate purchases, and are considered to be a secure form of payment. They are also used to pay bills, such as rent or utilities, and to make large purchases, such as cars or furniture. Cashier’s checks are also used to…
IntroductionCash flow is an important financial metric that measures the amount of money coming in and out of a business. It is a key indicator of a company’s financial health and can be used to analyze the company’s ability to generate profits, pay its bills, and make investments. Cash flow can be calculated by subtracting the total amount of cash outflows from the total amount of cash inflows. Cash flow can be further broken down into operating cash flow, investing cash flow, and financing cash flow. By analyzing cash flow, investors and business owners can gain insight into the company’s…
IntroductionCash advance is a type of short-term loan that allows individuals to borrow money against their next paycheck. It is a convenient way to access funds quickly, but it can also have a negative impact on credit. Cash advances are typically more expensive than other types of loans, and they can lead to a cycle of debt if not managed responsibly. Additionally, cash advances can have a negative impact on credit scores if the borrower fails to make payments on time. It is important to understand the risks associated with cash advances before taking one out.What is a Cash Advance…
IntroductionA cash account is a type of brokerage account in which the investor must pay the full amount for securities purchased. This is in contrast to a margin account, which allows investors to borrow money from the broker to purchase securities. Cash accounts are commonly used by individual investors and traders for the purchase of stocks, bonds, mutual funds, and other securities. Cash accounts are also used by professional traders for day trading and other short-term strategies. Cash accounts are subject to certain restrictions, such as the inability to use margin or short sell securities.What is a Cash Account and…
IntroductionCarry trade is a type of investment strategy that involves borrowing money at a low interest rate and investing it in an asset that yields a higher return. This strategy is popular among investors because it can generate higher returns than traditional investments. However, it also carries certain risks that investors should be aware of before engaging in this type of trading. This article will provide an overview of carry trade, its definition, and the risks associated with it.What is Carry Trade and How Can It Help You Make Money?Carry trade is a trading strategy that involves borrowing money at…
IntroductionCapped rate is a type of interest rate that is limited to a certain maximum amount. This type of rate is often used in loan agreements to protect the borrower from excessive interest charges. Capped rates can be beneficial to both the lender and the borrower, as they provide a degree of certainty and stability to the loan agreement. The capped rate can help to ensure that the borrower does not pay too much in interest, while also providing the lender with a guaranteed return on their investment. The impact of capped rates on loans can be significant, as they…
