4 Cs of Credit You Need to Know Before Applying for Credit

What is 4 Cs of credit? Are you planning to apply for credit very soon? Definitely you will like to put things in order before you apply so that your application will not be rejected. Whether you are applying for personal loans or credit card, no financial institution will just grant you the loan or credit without assessing your credit worthiness. No matter your relationship with a bank, it is not automatic that your application for loan will be granted. Before your application is granted, the bank or credit card company will like to look at certain criteria. The criteria Continue Reading4 Cs of Credit You Need to Know Before Applying for Credit

Understanding Mutual Funds Investing

What are Mutual Funds? Mutual Funds serve as alternative to stock investing especially for those who don’t have expertise or time to analyse or monitor stocks by themselves. By definition, a mutual fund is a company that usually pool money together from different investors to purchase stocks, bonds, short term money market instruments and other securities. The combination of these securities and assting in mutual funds is similar but quite different from stocks investing. When you invest in mutual funds, you are buying the shares of the mutual fund company. The mutual fund in turn uses the money you invested Continue ReadingUnderstanding Mutual Funds Investing

Penny Stocks and How to Profit from Them

What are Penny Stocks? Penny stocks are stocks that are traded below $5 in the market. You must have held or read stories of how some people started investing in penny stocks with just a very little amount. And within some months, they achieved more than double on their investment. This could be real as it is practicable. But I don’t want you to be carried away with these success stories. Instead, I would enjoin you to first understand the rudiments of penny stocks before you dive into it. The truth is that, if you invest blindly in penny stocks Continue ReadingPenny Stocks and How to Profit from Them