– Or –
The total death benefit payable on a policy, upon the Insured's death, which includes basic policy, dividends and riders.
The amount has been adjusted for any outstanding premiums, loans, etc.
Interest from the date of death to the date of disbursement will be added to the death benefit proceeds.
#finterms #NetDeathBenefit #insurance
Total Enterprise Value, or TEV, is valuation metric that quantifies the total value of a company. TEV is often used when evaluating the overall economic worth of a business in the context of a sale or acquisition.
Whereas many public companies are measured on a market capitalization basis (total shares outstanding multiplied by the current stock price) that indicates just the equity value of an entity, TEV incorporates the value of both equity and debt, making it a more comprehensive measurement and comparative tool to evaluate companies with varying capital structures.
TEV is calculated by taking the equity value of a company and adding debt and preferred stock while subtracting cash.
Lastly, TEV is commonly paired with revenue and EBITDA data points to form the market multiplies ‘TEV/Revenue’ and ‘TEV/EBITDA.’ These multiples assist with relative valuation comparisons between companies.
#finterms #TEV #valuation #metric #economicworth #acquisition #EBITDA
An Internal Revenue Service (IRS) regulation that prohibits taxpayers from taking a tax deduction for the loss on the sale of a security that they replace with the same security within 30 days.
#washsale #IRS #security #regulation
Since October 22, 2022, the capital markets in general have trended upward.
Year-to-date US Small Caps are up 8.5%, the Nasdaq is up over 11% and even economically challenged international markets are positive 8.5%.
Furthermore, “growth stocks” have temporarily taken over leadership from “value stocks” across all capitalizations (large, mid and small). Should this latest rally lead us to think that we have entered a new phase in this market?
Perhaps.
While encouraged, BaldwinClarke recognizes further challenges remain in 2023. In other words, we may not be out of the woods yet.
Identifying a true market bottom and the transition between bear to bull markets is never easy. These transitions generally come in fits and starts. Last year for example we experienced 7 different bear market rallies - rallies where the market went up (on average) 9% only to trend back lower.
What is apparent now is that there will be no traditional “V” shape recovery this time around.
Wealth Management Services are offered through Baldwin & Clarke Advisory Services, LLC (BCAS). BCAS is a Registered Investment Adviser with the United States Securities and Exchange Commission (SEC). BCAS’ Form CRS and other disclosure documents can be found here. The information in this website has not been approved or verified by the SEC, or by any state securities authority. Additional information about BCAS is available on the SEC’s website at: www.adviserinfo.sec.gov, using CRD #105666.
Registration does not imply a certain level of skill or training.
