Life Insurance: Is it Right for You?
Though Life Insurance is neither an investment plan nor a savings scheme, it still plays a significant role in the financial portfolio of most individuals
Why Buy Stocks on Margin?
Buying on margin means that you are buying your stocks with borrowed money.
The Credit Card Issuer (The Bank) And Associated Costs
Banks which offer credit card services have overall remained very profitable; however the risk is very high, because the credit card business is all about giving unsecured (uncollateralized) loans. The bank is dependant on the borrower not to default in large numbers. Banks incur several costs, some of which are given below:
1. Interest Expenses: Banks generally borrow the money from other forms at very low interest rates from other firms. They borrow the amount the custom...