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Savings/Investments

Savings – Kwacha Cost Averaging

Investopedia describes Dollar-cost averaging an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. It is not a strategy that is exclusive to a mutual fund investment but it can

Insurance

Life Insurance & Zambia

Investopedia describes life insurance as “protection against financial loss that would result from the premature death of an insured. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. The death benefit is paid by a life insurer in consideration for premium payments made by the insured.”

Financial Jargon Made Simple, Loans, Savings/Investments

Financial Jargon Made Simple – Leveraging

According to Investopedia. Leveraging results from using borrowed capital as a funding source when investing to expand the firm’s asset base and generate returns on risk capital. Leverage is an investment strategy of using borrowed money—specifically, the use of various financial instruments or borrowed capital—to increase the potential return of an investment. Leverage can also

Financial Jargon Made Simple, Savings/Investments

Guest Article: Village Banking and Cilimba Groups

Village Banking and Cilimba groups are Rotating Savings and Credit Associations (ROSCAs) which are groups as old as time. They are informal groups where individuals, who are usually friends, colleagues or family come together and decide to save, lend or invest money together. Village Banking Vs Cilimba Similarities: • Both Village banking and Cilimbas are