A bird in hand is worth
two in the bush.Welcome to
An Introduction to....You have probably heard
the old adage that A bird in hand is worth
two in the bush.
This old axiom reminds us
that there is a difference in the value of something we can hold in our hand today vs. the
same thing we might receive tomorrow.
When money and investments are involved, this concept is known as the Time Value of Money, a fundamental financial concept which
forms
the basis for the valuation of every kind of investment.
Whether you are a financial planner, an accountant, a real estate professional, a mortgage broker or a private investor, knowing how to value the cashflows flowing from an investment is the basic skill required for investment success and is also at the core of professional competency for financial advisors.
Our text, An
Introduction to Cashflow Analysis, introduces you to these basic concepts
and skills in a way which is relevant, challenging and rewarding.
The text is one of the Referenced
Texts of the Certified Financial Planners Board of Standards, and is in wide use on a number of
university campuses offering training for financial planners and investors. Through it,
you can master the financial skills needed to evaluate a wide variety of investments
and mortgages.
Thanks for visiting our
site. Click on the Menu Bar at the left for additional information, links to sources of
financial and investment information, and even a few problems to test your skill.
We welcome your comments and questions.
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