What is Phishing? Phishing… fishing for information We live in a world where people buy more online, are consistently online doing e-banking, e-bills payment, e-shopping, and sharing personal information. The result is that they leave a digital footprint behind. A digital footprint that allows cyber thieves to get to your personal financial information – and,…
Risk is the probability an investment would not give you the outcomes you want. For example, you may expect your investment to grow but its value falls or is lost entirely. In another scenario, you may expect regular interest of 10% but interest payments fall to 5%. Or you may expect to be able to…
This part of the research looks at how Maltese and Gozitans make a choice with regard to a financial product or service; and the choice they made.
Below is a list of terms that are frequently used in investment together with their significance TermDescriptionAnnual Management ChargeAdministration charge to cover the services provided. The charge Is usually a percentage of the total fund value.AnnuityAn annuity uses a member’s accumulated pension fund to provide payments at regular scheduled intervals upon retirement.Annual Percentage RateAn annual…
Senior Citizen Grant, also known as SCG The €300 allowance was first introduced in 2012 to those aged 80 and over. In 2013, age was decreased to 78 years. In 2014, the age group was widened again and the age was set to 75, allowing more elderly persons to benefit from such a grant. It…
This part of the research looks at how Maltese and Gozitans plan for their retirement – to complement their social security pension income in order to enjoy during retirement a quality of life that is equal to that enjoyed whilst in employment.
Whether you are in your young adulthood ranging in age from late teens / early twenties up to mid-thirties, in your adulthood from thirty-five years of age up to pre-retirement stage, whether you are working as an employee or a self-employed / self-occupied person, it is never too early nor too late to plan for…
Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living, over time, are often reflected in a cost of living index. In Malta, cost of living calculations are based on the prices of 40 products including food, water and electricity, clothing, etc. which are monitored to…
Our new Investment menu … a truly comprehensive, educational, interesting, and enjoyable reference tool. We welcome you to explore Gemma’s resources and reading and we hope that each journey will prompt you to question, learn, explore more and share that knowledge with others. Investing: your introductory guide When do you start investing? What to ask a…
Initial coin offerings (ICOs) are a way for developers of Blockchain technology to raise development funds. ICOs have been used to raise hundreds of millions of dollars for blockchain-related projects, often with limited information about their goals. ICOs sound similar to initial public offerings (IPOs); however, they are not the same and usually do not…
