The Apotheosis of Real Bills
In my article ‘Interest vs. Discount’, we saw that the formation of the discount rate is radically different from the formation of the interest rate. To clarify this, and to examine the importance of this difference, we first follow a very simple, indeed embryonic example of a Real Bill used to clear credit.Is 24Option a Reliable Service?
Binary Option Trading is catching up fast and there are many traders picking this option. It is faster trading with Binary options and returns are good. Knowing more about Binary Options before trading is always better. This article provides bird’s eye view of the concept.After Losing Your Job
Losing your job can be one of the scariest things that can happen in a person’s life. It can take a toll on your mental well being. If you have a family this will make it even more difficult to deal with.Property Buyers Delayed by HSBC’s Panel of Solicitors
Many mortgage lenders in the UK now require borrowers to use their own approved panel of solicitors in order to handle property transactions. This change is aimed at reducing mortgage fraud but is having a knock-on effect slowing down the house purchase process for genuine buyers.The Benefits of Getting Your Mortgage Through a Broker
As probably the biggest financial commitment that most people make, a mortgage should perfectly suit the requirements of the borrower. That is why, more than ever, borrowers are seeking advice and guidance from professionally qualified mortgage brokers who offer individual service.Charlie Munger’s Iconoclastic Musings
Some of you may have heard of Charlie Munger, Warren Buffett’s lesser known investment partner at Berkshire Hathaway. Munger is now almost 90 years old and about two-years back gave a talk in California, right on the heels of the financial crisis.Creating Income Through Dividends [Canada Preferred Stock Funds]
When thinking of effective diversification of your investment portfolio, betting your money on Canada preference stock funds is indeed a smart play. It may generate stability in cash flows due to Dividend pay-outs and reduces the downside risk as compared to investments done directly in equity.