Investing

The Bursting Asset Bubbles

The recent implosion of the global equity markets – from Hong Kong to New York – engendered yet another round of the semipternal debate: should central banks contemplate abrupt adjustments in the prices of assets – such as stocks or real estate – as they do changes in the consumer price indices? Are asset bubbles indeed inflationary and their bursting…

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Credit

Pre Approved Credit Cards Advantage Or Evil

In the century of plastic money and ‘buy-before-you-earn’ principle of living banks and card companies fight to the bitter end to get hold of another bite of consumers’ loyalty. But at the same time they won’t lend their money as simply as it may seem. Generally, the bank accepts a list of potential credit card applicants. After a bit of…

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Finance

Piggy Banks For Grown Ups How To Help Yourself Save

We encourage our kids to use piggy banks to save up for special purchases like bicycles and sneakers, but then we never consider taking our own good advice and employing the same means to save for ourselves as adults. But if anyone needs to save, it’s the grown-ups, even more than the children, because we are the ones with the…

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Wealth Building

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…

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Web Hosting

Managing A Small Business Can Be Tough

Running a small business is tough because the buck stops at you for absolutely everything. The difference between success and failure can be a fine line. A small mistake in the first two years can knock a small business owner for six whilst a large new customer can propel you very quickly to new horizons. Small business owners need to…

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Wealth Building

Banks Charges And How They Affect You

Anyone who has had the pleasure of owning a bank account knows that it is not always a fun experience. One big pain is the understanding of your bank’s special charges and under which circumstances they may be levied against you. The basic principle behind bank charges is simple. It is the way for banks to charge you for all…

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Finance

Do You Bank Online

If you haven’t made it to the world of options offered in bank-online fields, the fact is that you should be. Yes, there are many opportunities for you to walk into a teller and get your information taken care of. But when do you pay bills? Do you do it in the middle of the night, usually the night before…

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