The Motley Fool

JULY 16, 2023

Traditional sources of retirement income Here are the usual suspects: Social Security You can see the latest estimates of your future benefits by setting up and visiting your My Social Security account. Tax-advantaged retirement accounts These include IRAs and 401(k)s , which come in two main varieties: traditional and Roth.

Exchange-Traded Funds 233

Exchange-Traded Funds Collateral Taxes Accounting 233

PE Hub

JULY 11, 2023

The facility will be collateralized by certain accounts receivables originated by a subsidiary of Bausch Health. The post KKR provides $600m facility to Bausch Health Companies appeared first on PE Hub.

Collateral 149

Collateral Companies Accounting 149

The Motley Fool

MAY 9, 2024

If you plan to apply for a business loan, how much will you borrow and what will you need as collateral? Top accounting software might help you to map out your financial needs. It's a good idea to open a business checking account to keep your personal and company money separate.

Collateral 246

Collateral Liabilities Accounting Financing 246

The Motley Fool

JUNE 18, 2023

Plus, you don't need to provide collateral for some loans. The SBA negotiates with the government to ensure that a specific amount of money will end up in the checking accounts of small businesses owned by disadvantaged individuals, service-disabled veterans, and women. There are more than half a dozen loan types from which to choose.

Education 246

Education Collateral Banks Prospects 246

The Motley Fool

JANUARY 24, 2024

Make good use of tax-advantaged retirement accounts : These include IRAs and 401(k)s , and both come in two main varieties -- traditional and Roth. You contribute money to a traditional account on a pre-tax basis, shrinking your taxable income and therefore your tax bill for the year of the contribution.

Taxes 246

Taxes Consulting Consultants Collateral 246

The Motley Fool

JULY 12, 2023

Here's why I'm going to be paying for an appraisal despite my distrust With my most recent home purchase , I paid for the property out of my savings account and I did not get an appraisal. See, lenders require appraisals because they want to make sure the home is valued highly enough to serve as collateral for the loan.

Collateral 246

Collateral Banks Accounting 246

The Motley Fool

FEBRUARY 26, 2024

In 2021, for example, savings accounts were paying close to 0%. Yes, the average rate for accounts with a minimum of $2,500 is only around 0.23%, but rates close to 5% and higher can be found. It involves receiving a lump sum or regular income from a lender via a loan with your home as collateral.

Collateral 246

Collateral Accounting Funds Portfolios 246

The Motley Fool

JANUARY 12, 2024

In particular, KBW's Perito worries that with the market expecting as many as six cuts to the central bank's federal funds rate in 2024, SoFi's earnings and revenue could take a hit due to the company's fair value accounting methods. As of the end of October 2023, SoFi had sold over $14.5 billion and securitized over $13.7

Resale 245

Resale Collateral Banks Accounting 245

The Motley Fool

SEPTEMBER 7, 2023

Secured loans are those where you pledge collateral, while unsecured loans are those guaranteed only by your word. You can use these assets to get a secured personal loan When you get a secured personal loan , you must pledge collateral to gain approval. If you pay as promised, you keep the collateral.

Assets 130

Assets Collateral Debt Accounting 130

The Motley Fool

JANUARY 15, 2024

You can take a loan from your policy's cash value (while owing interest), or use your policy's cash value as collateral for a bank loan. Think of universal life insurance as a flexible savings and investment account that also provides life insurance coverage.

Collateral 246

Collateral Financing Finance Taxes 246

The Motley Fool

FEBRUARY 17, 2024

As you might have guessed, the ALI is concerned with retirement income, and it has offered some sobering statistics for those in around the Peak Zone: "When the Peak 65 generation entered the labor market in 1980, about 60% of private sector workers relied on [pensions] as their only retirement account, as compared to 4% in 2020."

Collateral 246

Collateral Accounting Investing Companies 246

The Motley Fool

DECEMBER 28, 2023

Just be mindful of this new cost if you go from renting to owning, and note that it'll likely be easier to pay them via your mortgage escrow account, if you're given this option. Your lender will want to know that its collateral is protected, after all. Otherwise, you'll have to remember to save ahead of time.

Taxes 242

Taxes Collateral Accounting Funds 242

The Motley Fool

SEPTEMBER 3, 2023

The former accounts for the cash and coins in circulation, as well as the demand deposits within an individual's checking account. Meanwhile, M2 factors in everything in M1 and adds money market accounts, savings accounts, and certificates of deposit (CDs) below $100,000.

Banks 264

Banks Collateral Consulting Consultants 264

The Motley Fool

JULY 10, 2023

Vacation time as loan collateral A tiny financial services company in Minnesota is letting people use PTO for a unique purpose. As reported by the Star Tribune , LLFS has a program where personal loan borrowers can use their vacation time as collateral. But is it a good idea to use PTO for anything other than a much-needed rest?

Collateral 130

Collateral Startups Debt Financial Services 130

The Motley Fool

OCTOBER 28, 2024

This will often mean either one of two things: Collateral: Some small business loans will require collateral, such as equipment loans that are secured by the equipment purchased. So, business credit accounts won't typically help you build your personal credit.

Collateral 130

Collateral Financing Finance Startups 130

The Motley Fool

AUGUST 20, 2023

C&I loans are usually collateralized short-term loans that businesses from all walks use to fund working capital, major projects, and acquisitions. The former factors in cash and coins in circulation, as well as demand deposits in checking accounts. Gray areas denote U.S. recessions.

Banks 246

Banks Collateral Consulting Consultants 246

The Motley Fool

JUNE 30, 2023

The business owner needs to have "skin in the game" by providing collateral. Collateral consists of any business inventory related to exports and, if the borrower owns 20% or more of the business, a personal guarantee must be made.

Collateral 130

Collateral Capital Financing Finance 130

The Motley Fool

JULY 14, 2023

Bonus offer: score up to $600 when you open this brokerage account Read more: best online stock brokers for beginners There are a few big benefits with this type of line of credit, so it's worth considering if you have enough in your brokerage account. If you don't pay, it has your investments as collateral.

Collateral 130

Collateral Investing Accounting Portfolios 130

The Motley Fool

JULY 9, 2023

Check your credit before a lender does Most personal loans are unsecured, which means they aren't tied to a piece of collateral. This is a type of loan where you put up collateral (such as the contents of your savings account, your business proceeds, or your car) to secure the loan.

Collateral 130

Collateral Accounting Debt Banks 130

Private Equity Insights

JULY 11, 2023

and KKR have announced that Bausch Receivables Funding LP, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, has entered into a US $600m non-recourse financing facility with KKR and its credit funds and accounts. Bausch Health Companies Inc. FS KKR Capital Corp., FS KKR Capital Corp., Houlihan Lokey, Inc.

Financing 100

Financing Finance Collateral Private Equity Firms 100

The Motley Fool

AUGUST 13, 2023

These are typically collateralized, short-term loans that businesses use for working capital, major projects, and acquisitions. While there are a number of differing loan types, the one of interest is commercial and industrial loans , which are commonly known as C&I loans. When the U.S. US M2 Money Supply data by YCharts.

Banks 246

Banks Collateral Stock Market Stock Market 246

The Motley Fool

DECEMBER 7, 2023

Put a REIT into a tax-advantaged Roth account and you can avoid taxes altogether. A mortgage REIT like AGNC buys mortgages that have been pooled into bond-like securities, often referred to as something like a collateralized mortgage obligation (CMO). AGNC Investment is structured as a real estate investment trust (REIT).

Collateral 130

Collateral Mutual Funds Pension Funds Depreciation 130

The Motley Fool

JANUARY 5, 2024

Mortgage lenders have liens on properties because the house is the collateral securing the loan -- but that's not a big issue since the homeowner just repays the mortgage balance from the proceeds of the sale. A lien is a legal claim against the property owner. So homeowners need to deal with their liens to sell a property.

Collateral 130

Collateral Legal Taxes Debt 130

The Motley Fool

DECEMBER 6, 2024

If you have someone in your life with exemplary credit, you can ask nicely to be added as an authorized user on one of their credit accounts. You may or may not get a credit card of your own that's tied to their account, but if you use it to make purchases, be sure to pay the account holder back so you don't ruin that relationship.

Collateral 130

Collateral Education Legal Accounting 130

Mish Talk

NOVEMBER 22, 2022

to Cash Out Intermingled Accounts and Betting Books 3AC, Celsius, Finblox, GBTC, UST, LUNC, BlockFi, Deribit (a derivitaves exchange), and 8 Blocks Capital are all involved in this mess. I am also amused by BlockFi's statement "We fully accelerated the loan and fully liquidated or hedged all the associated collateral.”

Collateral 133

Collateral Assets Accounting Capital 133

The Motley Fool

SEPTEMBER 30, 2023

In fact, I'm happy to have the extra money come out of my bank account. Unless the costs associated with a loss could easily be covered without emptying a bank account, get the insurance needed to transfer the risk to the insurer that can cover it. I did the same for my auto insurance. Here's why.

Liabilities 130

Liabilities Collateral Banks Assets 130

The Motley Fool

AUGUST 26, 2024

When you don't have an emergency fund in a high-yield savings account , you may be tempted to find the fastest way to cover the cost or you might resign yourself to high-interest debt. Personal loans Personal loans charge interest, and rates can sometimes be quite high since these loans don't have collateral.

Collateral 130

Collateral Funds Debt Financing 130

The Motley Fool

NOVEMBER 25, 2024

And not only can that be stressful, it can lead to wage garnishment, meaning you'll have less money in your bank account. Or opting for a secured loan may help, as long as you're confident that you won't miss payments, which would mean losing the collateral, such as a savings account or car.

Debt 130

Debt Collateral Assets Accounting 130

The Motley Fool

AUGUST 17, 2023

But the money in your savings account might eventually run out on you. Personal loans are unsecured, so they're not tied to a specific asset that can be used as collateral. Image source: Getty Images Having an emergency fund could spare you the cost and stress of racking up debt when a need for money arises out of the blue.

Collateral 130

Collateral Debt Assets Funds 130

The Motley Fool

JULY 24, 2023

Both new and used cars are expensive, and many people need to borrow for them rather than paying for them directly from their savings account. See, car loans are secured by the car, which acts as collateral. Image source: Getty Images The average price of a new car was $48,008 in March 2023, which is a pretty substantial sum of money.

Collateral 130

Collateral Banks Assets Accounting 130

The Motley Fool

MARCH 18, 2024

These loans don't have collateral, which means you'll pay a bit more in interest than you would for a mortgage or auto loan. It's totally fine -- encouraged, actually -- to save a little extra money for emergencies in your retirement accounts. But it doesn't hurt to have contingency plans.

Collateral 130

Collateral Legal Accounting Funds 130

The Motley Fool

FEBRUARY 25, 2024

Personal loans are unsecured, which means that there's no specific asset that's used as collateral for them. It's kind of like when you tap your $10,000 savings account to the tune of $4,000, thereby leaving yourself with only $6,000 left. The reason? That tends to give lenders more reassurance.

Collateral 130

Collateral Financing Finance Banks 130

The Motley Fool

JULY 4, 2023

The car acts as collateral so the lender takes less risk with an auto loan because it can repossess the vehicle to make itself whole if you fail to pay back the loan. In fact, as of 2022, the average interest rate on a new car loan was as low as 4.07%, while the average rate on a loan for a used vehicle was 8.62%.

Collateral 130

Collateral Debt Financing Finance 130

The Motley Fool

JUNE 22, 2023

Bonus Offer: Score up to $600 when you open this brokerage account Discover: Best online stock brokers for beginners Not repaying a 401(k) loan is a big deal If you take out a short-term 401(k) loan and pay all of that money back, then it may not hurt you too much in the long run. But taking out a 401(k) loan is a very risky move.

Collateral 130

Collateral Accounting Stock Market Stock Market 130

The Motley Fool

AUGUST 30, 2023

There are different uses for the funds you're sending out of your bank account. Instead, this money is collected in an escrow account and used to pay the tax and insurance bills when they come due. When you pay your mortgage, though, the money you're sending in doesn't just go to one place.

Taxes 130

Taxes Collateral Debt Banks 130

The Motley Fool

DECEMBER 21, 2023

billion worth of personal loans, accounting for the vast majority of total lending activity since the start of 2022. However, personal loans are riskier for lenders, and they aren't secured by any collateral. But payments have resumed, which could provide a near-term boost to the business. economy isn't out of the woods yet.

Collateral 130

Collateral Debt Banks Accounting 130

The Motley Fool

AUGUST 18, 2023

Moreover, not only did management raise its full-year guidance, but it also thinks the business can reach profitability on a GAAP ( generally accepted accounting principles ) basis in the fourth quarter this year. These loans are unsecured, making them riskier because the business doesn't have any collateral to protect the downside.

Collateral 130

Collateral Education Banks Financing 130