Ultra-high net-worth individuals are defined as people with investable assets of at least $30 million, usually excluding personal assets and property such as a primary residence, collectibles, and consumer durables. UHNWIs comprise the wealthiest people in the world and control a disproportionate amount of global wealth. Although they constitute only .003% of the world’s total population, they hold approximately 13% of the world's total wealth. Ultra-high net worth is generally quoted in...

Derivative are financial securities with a value that is reliant upon or derived from, an underlying asset or group of assets—a benchmark. The derivative itself is a contract between two or more parties, and the derivative derives its price from fluctuations in the underlying asset. The most common underlying assets for derivatives are stocks, bonds, commodities, currencies, interest rates, and market indexes. These assets are commonly purchased through brokerages. Originally, derivatives...

A restricted stock unit is a form of compensation issued by an employer to an employee in the form of company shares. Restricted stock units, or RSUs, are issued to an employee through a vesting plan and distribution schedule after achieving required performance milestones OR upon remaining with their employer for a particular length of time. RSUs give an employee interest in company stock but they have no tangible value until vesting is complete. The restricted stock units are assigned a...

The Nasdaq is a global electronic marketplace for buying and selling securities. Nasdaq was created by the National Association of Securities Dealers to enable investors trade securities on a computerized, speedy and transparent system. It commenced operations on February 8, 1971. The term, “Nasdaq” is also used to refer to the Nasdaq Composite, which is an index of more than 3,000 stocks listed on the Nasdaq exchange. The stocks include biotech giants such as Apple, Google, Microsoft,...

A tariff is a tax imposed by one country on the goods and services imported from another country. Tariffs are used to restrict imports by increasing the price of goods and services purchased from another country, making them less attractive to domestic consumers. There are two types of tariffs: A specific tariff is levied as a fixed fee based on the type of item, such as a tariff on a car. An ad-valorem tariff is levied based on the item's value, such as 10% of the value of the...

Tax efficiency is an attempt to minimize tax liability when given many different financial decisions. A financial decision is said to be tax-efficient if the tax outcome is lower than an alternative financial structure that achieves the same end. Tax efficiency refers to structuring an investment or a financial plan so that the least possible taxation occurs. A taxpayer can open income-producing accounts that are tax-deferred, such as an Individual Retirement Account (IRA) or a 401(k)...

Monetary policy refers to the actions of a central bank to influence a nation's money supply and economy. Monetary policy is used to influence the employment situation and to manage inflation. Monetary policy can also be described as a policy adopted by the monetary authority of a country that controls either the interest rate payable on very short-term borrowing or the money supply. It is often targeted at inflation or the interest rate to ensure price stability and general trust in the...

The Dow Jones Industrial Average The Dow Jones Industrial Average is an index that tracks 30 large, publicly-owned blue chip companies trading on the New York Stock Exchange and the NASDAQ. The Dow Jones is named after Charles Dow, who created the index back in 1896, along with his business partner Edward Jones. The Dow is one of the oldest, single most-watched indices in the world. To investors, the Dow Jones is defined as a collection of blue-chip companies with consistently stable...

A detailed breakdown of individual credit history, Credit Report --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Investment Term - Systematic Risk. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this episode, David is joined in the studio by The Other News with Okey Bakassi alumnus and Nollywood production assistant Joel Stanley, and My Flatmates actor and stand-up comedian Mo Williams to discuss the economics and politics of Nollywood. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

David sits down with security analyst Kikelomo Shodeko to discuss the future of Francophone West-Central Africa vis-a-vis the CFA Franc and the proposed ECO common currency. Nigeria's current and future prospects for trade integration are also addressed. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

This episode sees David sit down with Liz Okogun, Founder and CEO of Zinovation, a sports management company, to discuss the business and politics of sports as a driver of economic growth and a means of projecting soft power. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this episode of Red Tape Africa, Cash Estates CEO Eleanya Eke sits down with host David Hundeyin to talk about anti-business legislation passed by the Kenyan government and its implication as a microcosm for African government actions. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

On Episode 3 of Red Tape Africa, David welcomes SBM Intelligence Head of Research Cheta Nwanze and SBM Head of Primary Data Stanley Ikechukwu to discuss the implications of Nigeria's total import and export ban for businesses and consumers around the country. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app