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Q: do you know what "average return" is?

Category: glossary , Asked by: O. Lambert from United Kingdom

A: an "average return " is The simple mathematical average of a series of returns generated over a period of time. An average return is calculated the same way a simple average is calculated for any set of numbers; the numbers are added together into a single sum, and then the sum is divided by the count of the numbers in the set. For example, suppose an investment had returned the following annual returns over a period of five full years: 10%, 15%, 10%, 0% and 5%. To calculate the average return for the investment over this five-year period, the five annual returns would be added together and then divided by five. This produces an annual average return of 8%. Visit Saxo Bank

  1. Q: please tell me what an "errors and omissions insurance" is

    Category: glossary , Asked by: Mckayla R. From Dublin, Ireland

    A: the "errors and omissions insurance " is A professional liability insurance that protects companies and individuals against claims made by clients for inadequate work or negligent actions. Errors and omissions insurance often covers both court costs and any settlements up to the amount specified on the insurance contract. E&O insurance can be obtained by insurance brokers/dealers, registered investment advisors and financial planners, among others. It is often required by regulatory bodies such as FINRA or company investors. In the financial industry, lawsuits will happen, regardless on how baseless the claims may be. Clients sometimes sue an advisor or broker after an investment goes sour, even if the risks were well known and within the guidelines established by the client. In these cases, even if a court or arbitration panel finds in favor of a broker or investment advisor, the legal fees can be very high and E&O insurance is vital in these situations. A person or company that has had numerous litigation problems has a higher underwriting risk and will find E&O insurance to be more expensive or less favorable in its terms as a result.

  2. Q: Which forex site offers many currencies for trading, to your recommendation?

    Category: money , Asked by: R. X. From Monaco-Ville, Monaco

    A: We think "EToro USA" is exactly the place for that. This forex platform is completely magnificent, and it'll fit your request. The attainable currencies in "EToro USA" are: AUD/EUR, GBP/MXN or CYP/HKD (or and any other option from an endless variety of currencies).

  3. Q: Will you advice me of a forex site that's known for its reliable being around?

    Category: general , Asked by: V. R. From Leverkusen, Germany

    A: "AVA FX" is exactly the forex site for you if you want forex site with the oldest history in the area. The retail self investing foreign exchange expert AVA FX works out of Euro American Trust Building, Road Town, Tortola, BVI, and was established on 2006. After a nervous start a few years back, it's slowly staking it's ground one of the most active platforms around.

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