Author: patfinxpd

Year-over-year (YOY), also written as year-on-year, is a standard method of comparing two or more measurable events annually in finance. The growth or decline of a company’s bottom line can be estimated by comparing results from one year to the next. For instance, the third-quarter revenues of a specific company may have increased year over year for the preceding three years, as reported in the company’s financial reports. List of ContentsGaining an Understanding of Annualized Development (YOY)Examples of Year-Over-Year (YOY)How to Calculate YoY Growth (Step-by-Step)YOY Growth Calculation ExampleHow to Interpret YOY Variance (Percent Change)Benefits of YOYCommon YOY Financial MetricsCommon YOY…

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A challenging year for financial markets is approaching its conclusion. However, will 2023 be a good year for investment? Are there any stock market predictions? Stocks, bonds, and cryptocurrencies all fared poorly as inflation skyrocketed and the Federal Reserve repeatedly raised interest rates to slow the rise in consumer prices. Since the beginning of the year, both the Dow Jones Industrial Average and the Standard & Poor’s 500 indices have lost roughly 19%. The Nasdaq Composite, which technology companies heavily weigh, has suffered the most significant percentage drop among major benchmarks since the beginning of the year, falling by more…

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Throughout a lifetime, a person’s taste in gifts evolves. A toddler’s favorite is probably a stuffed animal, while a preteens is perhaps sports gear. The recipient could be anyone, from a teenager to an adult who enjoys playing with the newest gadget. These material presents have a limited shelf life and usually stop being useful or look nice after a couple of years. On the other hand, if you want a gift guide that has a more permanent effect on the recipient’s life, a digital asset could be a good investment. Gifts of digital assets, whether conventional investments like stocks…

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Everyone, from those just out of college to those who have been working in their field for years, can gain something from putting some thought into their professional future. Empowering employees to choose their career planning is also an excellent way for managers and team leaders to increase employee engagement and loyalty. The core issue of career planning is settling on a field and location that you’re passionate about working in. The remaining steps can be completed with the help of this detailed manual. List of ContentsWhat Is Career Planning?When Is the Ideal Time to Start Thinking About Your Future…

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You’ve probably heard of Nasdaq if you keep up with the financial news or have started a retirement account. Tech powerhouses like Apple, Google, and Amazon all call the Nasdaq their home, making it the second-largest stock market in the world behind the New York Stock Exchange (NYSE). More than four thousand companies, including many of today’s largest organizations, are now listed on the Nasdaq exchange since its establishment in 1971. Any portfolio containing Nasdaq-listed companies will rise and fall in value following the economy. “Nasdaq is known for being progressive, which is why many technology companies choose to list…

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Foreign-exchange traders of all experience levels, from novices merely gaining experience in the financial markets to professionally trained traders with years of trading experience, are drawn to the global forex market because of the opportunity it presents to make money. Since the Forex market is open around the clock, offers high levels of leverage, and requires only a small initial investment, many traders jump in only to leave quickly after suffering losses. If you want to succeed in the cutthroat world of foreign exchange trading, here are the 10 forex tips that are the most useful strategies for minimizing financial…

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Do you have a great handle on personal finance but no credit history to back it up? With Citizens Bank student loans, it’s possible to refinance your student loans to a more affordable interest rate.Citizens Bank provides qualified borrowers with a unique student loan product at competitive interest rates. When it comes to private student loans, Citizens Bank is far and away the most innovative option.What follows are the essentials for understanding Citizens Bank’s student loan refinancing options. List of Contents Citizens Bank Student Loans Citizens Bank Student Loans​ Website Variable APR: 4.40% to 12.72%Fixed Rates: 4.74% to 12.18%Loan Amounts: $1,000 minimumCitizens Bank,…

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Savings accounts are a great way to keep your money safe while working toward your financial goals. However, not every savings account is created equal. The advantages and services offered by stores can vary. Quontic is an option for those seeking a high-yield savings account. Quontic is an innovative digital bank with a fresh take on traditional banking services. Its high-yield savings accounts offer annual percentage yields (APY) that are competitive with those offered by other financial institutions. Is Quontic Bank’s high-yield savings account a good fit for your needs? Read this Quontic evaluation before making any hasty choices. List…

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With the launch of Marcus by Goldman Sachs in 2016, one of Wall Street’s most recognizable investment banks, Goldman Sachs, began catering to individual customers. Marcus is an internet bank that provides no-fee personal loans, no-interest savings accounts, and high-yield CDs. Marcus had $110 billion in deposits in March of 2022. When compared to competing for online banks, Marcus’ selection of financial services is limited. The products it does carry, however, are consistently well-reviewed. Marcus offers competitive interest rates on CDs and a convenient online savings account. In 2019 and 2022, JD Power expects its loans to rank first in…

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With more than 18 million policyholders, Progressive is a major player in the auto insurance industry and is widely recognized for its humorous spokesperson, Flo. Auto, home, business, and life insurance are just some of the options available from Progressive. Saving with Snapshot is just one example of how Progressive stands out from the crowd with its one-of-a-kind discounts. List of Contents Progressive Auto Insurance Progressive Auto Insurance​ Website Average annual premium: $2,036Market share: 13%Premiums written: $33.2 bnJ.D. Power Customer Satisfaction Score: 862 Company’s Overview The Mayfield Village, Ohio, headquarters of Progressive Insurance, dates back to 1937. This insurance provider…

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