Posted on December 23, 2009 with Comments Off
Unlike the banking products that will record all public funds in financial accounting, investment funds in mutual funds are recorded separately from the accounting firm of investment managers and custodian banks. Why?
This happens because the mutual fund is a separate legal form, Establishments conducted by the investment managers and custodian banks based on legal entity deed and must have basic bookkeeping and tax number. In the event of bankruptcy, you will receive back the funds saved in the bank from the payment by the Deposit Insurance Institution up to a particular value or from the liquidation of assets.
While the mutual fund, if the investment manager or custodian banks declared bankrupt, mutual fund investors will receive back their investment funds in accordance with the net asset value / last unit. Alternatively, the management or administration of these funds transferred to the investment manager or other custodian bank based on the approval of the Capital Market Supervisory Agency and Financial Institution.
Posted on October 19, 2009 with Comments Off
Tips from the Citibank name, initial steps to manage finances better is to evaluate your current financial position, namely the re-asset records (whatever you have) and how much debt you have. Good way to manage finances is used to create a budget where you can monitor the income and expenditure.
Based on the survey Financial Intelligence (Financial Quotient) from City Indonesia, only about 29% of people who follow a monthly budget that they create, while 82% had at this stage of trying to create and follow a budget.
For the start of financial management and tidy up after you know the current financial position, and then it is good you set goals and how to achieve your financial goals. Objectives and Financial Plan is SMART (Specific, Measurable, Attainable, Realistic, Tangibles).
Posted on August 4, 2009 with Comments Off
Every time you get a paycheck, what do you do? Immediately set aside money to pay the bills? Or dividing it into the coffers other savings?
Apparently, the women have concerns that they lack enough money set aside for the future. The women feared they would run out of wealth in old age later. It was explained that this was common among women. “Women tend to live longer, need more long-term care as you age, must take care of the family, but they often do not have their own income. This fact should be aware of the importance of saving women from an early age, save more when they earn more. And finally, should be ahead of the financial plan period no longer productive.
Research shows that women often bear a large role for financial decisions, serves as head of the household financially. Women not only manage day-to-day expenses, but also all matters relating to family finances and long-term investment. So, what’s the problem? At least two mistakes in the financial arrangements that are often done by women. This information is needed for reflection and understanding of financial issues so as not to fall into the same hole over and over again.
Posted on April 17, 2009 with Comments Off
Indeed there are two opinions you need to know about Base money sucking techniques, namely by increasing interest rates or the deposit rates are raised. Indications of low bank deposit rates are decreasing in the interest of the community store and savings deposits at the bank.
A. Touching the public justice
People consider that the government was unfair to the people with taxes while raising the basic rights that should be provided by the government to the people such as security, good public services, and so can’t be met. By setting deposit interest tax provisions, interest savings, and discount the new SBI was evident that little was being blackmailed.
B. Taxes should be a bargaining tool against the government of the people.
The tax increase that you can receive should be, if the government can meet two prerequisites. Namely, the government including tax authorities can improve the quality of public services, and accountability of tax collectors apparatus can be improved.