Ronda What does the CBOE Volatility Index (VIX) measure in investing? Is a high volatility good? There is no simple answer to this question as it depends on the circumstances and goals of the trader. In general, high volatility can be seen as both good and bad for traders. On the one hand, high volatility can … Read more
Proration is an accounting term that refers to the allocation of a financial asset or liability over time according to its schedule of payments. For example, if a company pays its employees on the first of every month, but one employee quits on the 15th of the month, the company would prorate that employee’s salary … Read more
A variable rate mortgage is a type of home loan where the interest rate is not fixed and can fluctuate over time. This means that your monthly repayments can go up or down depending on changes in the market. Variable rate mortgages usually start off with a lower interest rate than fixed rate mortgages, but … Read more
