When the financial crisis hit the US, businesses had to face economic trials. Some businesses survived, while many had to close down to minimize losses. Business closures affected the economy as many people lost their jobs. Businesspeople, in turn, suffered because of income loss. As the economy recovers, many surviving industries are concentrating on sourcing funds to rebuild their business. This step is a necessary preventive measure in case the economy dips again. For some industries, r......
Confusion does rule the roost for many when it comes to investing in the diverse investment products; the Indian stock market is no exception. Have you consulted with your broker on whether you should buy Indian stocks based on the trends? Interaction again depends on the level of experience your SEBI authorized broker has. Your confusion about choosing potential Indian stocks can be cleared at a stock broking portal that is reputed in the market for delivering superlative solutions. Searc......
It is understandable why bank accounts have an allure for retirees, especially in times of financial turmoil. The plight of retired Americans who depend on income from CD’s is a matter of great concern. The old assurance of protection of Federal Deposit Insurance makes for peace of mind for most investor’s. But it does so at the cost of current income sacrificed, and that amount can be quite substantial.
Not only have they seen a reduction in the interest income, there is an ......
Gone are the days when people were content to invest in safe bank deposits and treasury bonds. With increased interest in investing in stock exchange shares, ETFs (Exchange Traded Funds), mutual funds and other types of financial investment instruments, an average investor is faced with a host of choices. Investment decisions can be confusing for an unseasoned investor. An investment advisor can help an individual to make informed investment decisions. By properly following the recommendat......
When making a money transfer it is the aim of most people to lose as little money as possible. There are many ways to seek out the best prices but it can take time so often a currency exchange provider is the best port of call. Here are some tips on finding the best foreign currency rates:
Your own account manager If you are frequently transferring large amounts of money it can make sense to work with a company who will provide you with an account manager who will actively look for the bes......
On Monday,steel giant ArcelorMittal and Nunavut Iron increased their rival takeover bids for Baffinland Iron Mines (BIM:TSX), currently trading three cents off its 52-week high of $1.58.
Also on Monday,HudBay Minerals Inc. (HBM:TSX) announced its purchase of copper producer Norsemont Mining Inc. (NOM:TSX) for just under $400 million. Hudbay shares are currently trading at $17.23, up $1.02 from Monday’s close of $16.21, while Norsemont stock touched a 52-week high of $4.72 on the news......
Whilst the US Dollar will often benefit from turmoil in the markets the US Federal Reserve’s second round of quantitative easing will most likely keep pressure on the Greenback. This is especially true if the Federal Reserve uses most of the $600bn package in order to continue to stimulate the economy. American economic growth showed some signs that it was improving recently: jobless claims were at their lowest point for four months and the international trade gap narrowed. These rep......
Since the beginning of the year the price of gold has been very volatile bouncing between £910 and £870 per ounce without any clear direction or reason for the volatility. This reflects the current market environment quite well as governments are trying to convince investors that they are on top of the situation but the data released by the independent market researchers tells something totally different.
Portugal, Spain and Italy were pretty successful in their bond auction yesterday and ......
The world economy has seen some of the most critical ups and downs of our generation in the last 3 years or so. The most trusted names have sunk to the depths that no one imagined existed, and the economic climate till date is plagued by uncertainty.
However, one thing that has constantly been on an uphill race in these turbulent times has been the price of gold. People who invested their savings in gold slept peacefully as their investments multiplied while believers in bank rates and the......
Obtaining an Eb-5 Green Card can be a tough process if you are unaware of how to do it. Thankfully the steps are not too hard and don’t require a lot of effort on your part. The most important piece is that you follow all of the directions properly and fill out the forms as required. The green card does cost money and the process does take time, but in the end for most people the wait and the price is well worth it. There are several steps you have to complete in order to get an Eb-5......