The year 1957 saw the re emergence of Ford as the top selling brand with the sale of 1.68 million automobiles and the introduction of the Skyliner model with an all steel hardtop capable of changing into an open convertible at the touch of a button. An automatic folding mechanism retracted the top into the… Read More »
When planning is done for almost everything important things in life, why money be any different? One may argue that money is not an end in itself, so why bother about it. But definitely is an important tool to achieve our goals. For instance, an entrepreneur will be very relieved to realize that his savings… Read More »
The rapidly evolving banking systems have enabled credit cards emerge from a simple tool for cashless transactions to multiple types with different interest rates, fees and reward programs.
Whenever you make a timely payment of the outstanding amount, your credit rating, and consequently your credit score goes up. Similarly any delay or default in the payment, will downgrade your credit score. Your credit score is important as most lenders check out your credit score before approving your loan application. A high score will… Read More »
Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. The term collection agency is usually applied to third-party agencies, called such because they were not a party to the original contract. The creditor assigns accounts directly to such an agency on a contingency-fee… Read More »
The stock market fluctuates, that too when the overall economy is not that stable, it fluctuates a lot. This is true not only for India but across the world. Again this is true not only in our times, but in all known history. To fluctuate is one of the basic characteristics of the stock market.
You can obtain a loan against the surrender value of your life insurance policy from the insurance company or from a bank or obtain a loan from your provident fund account if you have had an employee provident fund account for more than 5 years. The interest rates would definitely be lower compared to the… Read More »
Why should one consider investment in Gold? Let us explore the reasons. The most compelling reason for putting money in Gold is its role as a long-term or strategic asset. Even in situations where currency of a sovereign loses acceptance, gold still retains its value. Second, Gold provides diversification to the portfolio given its lack… Read More »
While hedge funds aim to reduce market volatility, they can still lose money for themselves and their clients, or provide disappointing returns. Hedge fund managers can also charge very high fees, and some funds are not at all transparent, because they do not reveal their trading strategies.
EPS denotes Earnings Per Share. It is a ratio that denotes the net profit or loss credited to the share holders for every share held. It is a widely used ratio that plays a vital role in valuation of the shares of the company. The term “earnings” used here denotes the part of the company’s… Read More »