Future Value is the hypothetical value of an investment at a specific date in the future. The future value (FV) of an investment or business is a calculation used in several types of planning and accounting.
In a Time Value of Money (TVM) calculation, the Future Value is often the starting point, and the interest rate that will be earned in the meantime is called Discount Rate, and is discounted by the number of years of periods back to the present time. This allows investors to see the Present Value (PV), which is a lesser, discounted amount from the future value, and gives us the premise for the Time Value of Money, which is that “a dollar today is worth more than a dollar tomorrow.”
This is partially due to the effects of inflation and the buying power of a unit of currency, and it also has to do with Opportunity Cost, which means that, with a dollar today, you have the opportunity to invest it and earn more money. If that dollar is not present today, or if it is used on something which doesn’t earn interest, the opportunity for a larger slice of Future Value is lost.
Roth IRAs are not subject to RMDs, which means you aren’t forced to make withdrawals
SEPs are funded entirely by employer contributions, and these contributions are immediately vested for the employee
The Russell 2000 index is comprised of the 2,000 smallest companies in the U.S. It's a good small cap domestic benchmark
FINRA stands for Financial Industry Regulatory Authority, and they regulate securities firms in the United States
Stocks in the Healthcare sector are those related to hospital services, medical products and technologies
A PIP is the standard smallest increment of change or precision at which a currency is quoted and tracked in Forex markets
The direct cost of materials and labor are a good example of variable costs that will fluctuate with production levels
An individual can automatically have their tax return due date extended by 6 months by filing a Form 4868
It is becoming increasingly popular today to have an IRA just for bitcoin
The Broadening Wedge Ascending pattern forms when a currency pair price progressively makes higher highs and higher lows