Andrew Westhead, NS&I Retail Director, said“Celebrating the 30th anniversary of the Premium Bonds £1 million jackpot is testament to the love the nation has for this iconic way of saving, with over £30 billion in prizes of all sizes being paid out since the draw started back in 1957...
Those who invest in taxable premium bonds typically benefit from amortizing the premium, because the amount amortized can be used to offset the interest income from the bond. This, in turn, will reduce the amount oftaxable incomethe bond generates, and thus any income tax due on it as well....
Contrary to traditional porn, cam girls are live performers who stream their sexy performances over the internet and aim to draw viewers in by getting them to tip her for more entertainment in return for their tips. It can be an extremely lucrative career option if one puts in their time an...
The drawback of both of these models is that they do not account for valuation. That is, they assume the stocks' prices are never correct. Since we can observe stock market booms and busts in the past, this drawback is not insignificant. Finally, the risk-free rate of return is usuall...
In this paper, we analyze how tail risk impacts both asset prices and the optimal asset allocation. For this purpose, we consider an equilibrium model with