Eric

The major inputs are your age, weight, family health history, your health history and pre-existing conditions, tobacco and alcohol use, past surgeries, and other major risk factors for health care costs. The major factors for auto coverage are your age, gender, driving history, marital status, credit score, home zip code, and your car’s make, model, and color. If you are a seventeen year old boy that has had several accidents, lives in a dangerous neighborhood, and drives a cherry red Mustang convertible, your rates are going to be higher than a fifty year old married woman driving a 1980s station wagon. Renter’s policies are rated based on the location of the property, construction and building style, size of the property, type of property (apartment or single family home), and certain policy exceptions.

If you are already working in the field of business, you may want to consider earning an Executive MBA, as this path focuses on the skills required in executive positions and allows you to continue working while you are in school. Whether you enter the workforce before or after earning a graduate degree, it’s important to gain experience in a variety of different positions. Be sure to gain familiarity with a wide range of topics related to finance, such as accounting, risk management, analysis and budgeting. Whether or not this mentor also works at your company, he or she may be able to advise you on the types of positions or learning opportunities you should pursue in order to work towards becoming a CFO.

Investors often have different goals when buying dividend stocks, but each investor must decide whether to reinvest the dividend or take the cash. The Dividend Discount Model is the most popular method to decide the intrinsic value of dividend paying stocks (as opposed to multiple analysis or discounted cash flow analysis). Warren Buffet, the famous investor in charge of Berkshire Hathaway, says he can give investors a better return if he uses the cash rather than pay it back. If an investor can put a $1 million retirement account into dividend stocks averaging 4%, they will walk away with $40,000 in annual pre-tax income without touching their savings.

Due to the long-term nature of the accounts, people most commonly invest in mutual funds like a target date funds, which is a managed mutual fund for people your age, or an S&P 500 index fund. Finally, load fees are charged by some funds when you invest (load-in) or withdraw (load-out) funds from the fund. Trade fees are fees charged by your account’s institution (the companies like Meryl Lynch that I mentioned above) for buying or selling assets on your behalf. Then, from a short list of brokers you like, look at trade fees, no trade fee investment options, and finally fees and performance for those fund families.