Leverage (borrowed money) is a powerful investing tool; it can increase yields and capital gains. Leverage can also magnify losses. Use it with caution. What is Leverage? Money borrowed at Read more
Tag: Promissory
Promissory Note or Contract – What’s the Difference?
Promissory Notes are Different from Contracts Avoid Confusion-Understand the Difference Contracts A contract requires two parties to agree to its terms. The parties must exchange “consideration” (something of value) that Read more
Illiquid Assets – Donating and Appraising Promissory Notes, A Tax-Efficient Plan
Get a Tax Deduction for Donating a Non-Cash Asset-Promissory Note Donations Illiquid Financial Asset A financial asset that is difficult to sell because of its expense, lack of interested buyers, Read more