I’m a big fan of Andy Haldane. He is a ranking member of the Bank Of England, and a key member of the BOE financial stability committee. Over the weekend he gave a speech in London, which many regard as the first official “salute” to the Occupy Movement. Haldane has a unique writing style, he […]
If you ever talk to MBA’s (especially those into finance) you will hear them wax eloquent about a company’s capital structure. Capital structure is nothing but how a firm finances itself. Firms need money to operate. How do they get that money? They have a couple of choices – just rely on the profit they […]
Myth 1: Interest and taxes are deductible. You are getting paid by the government to own a house Lets walk through an example. You make $100K a year. Pay $6K in real estate taxes and $10K in mortgage interest. There are two types of deductions available when you file your tax returns, a standard deduction […]