Investments

Will High Interest Rates Affect The Local Stocks?

In my road towards financial independence, I decided to invest some of funds to grow my wealth. I encouraged my colleagues to do the same by inviting a reputable insurance agent in the workplace. The insurance agent stressed how one’s risk level play an integral part in his or her actions. For many investors, they are worried about losses and interest rates. Interest rates in Singapore are not set by the central bank or Monetary Authority of Singapore. Instead, the

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Credit & Loan

What Should You Know About Mortgage Refinance?

Millionaire's poor credit rating has caused him a mortgage

An option used in a hurry might just jeopardize you. You must think down the line twice before applying for your next or first loan. You may just finally end up paying more for this home loan than your original mortgage loan. Therefore, compare and contrast the different interest rates offered by the lending company, look up the advantages and disadvantages and then make your final decision. The Variable Rate Loan Vs. A Fixed Rate Loan Are you stuck with

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Credit & Loan

How To Help Your Family Financially

Admit it! Financial conversations can be awkward, but your relatives can save you in the future. Support them and your relationships with the help of these tips: PROVIDING A LOAN One of the most controversial yet clear-cut way to help a family member in need is by providing a loan. The loan is ideally short and straightforward. One must write the terms and conditions that both parties will sign into. This will help ensure a binding financial agreement. Other details

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Investments

Is Forex trading profitable?

Onprofitability: a definition In the business world, an economic activity is profitable if it’s able to generate earnings relative to the associated expenses. In other words, profitability is basically the ability of making monetary gains from a given activity. In the financial world, on the other hand, profitability is often related to the ability of generating a positive risk-adjusted-return at a given point of time, even consistently over time.  Given the first definition, it’s safe to assume that the Foreign

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Credit & Loan

5 Important Queries To Ask Before Getting A Credit Card

1. WHICH ONE DO I NEED TO APPLY FOR? Like a tempting box of chocolates, all credit cards are not made the same. Be sure to shop around and to compare cards of similar types. You must know the necessary requirements, sign-up offers, rewards program, and other perks that come with it. Some cards may offer free airport luggage, while others may offer car rental insurance. Choose the benefits that suit your needs. 2. ARE YOU ELIGIBLE? Applying for a

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