Archive for May 7th, 2008
The Credit Crunch Explained
‘Credit Crunch’ is the name given to the global crisis that has been affecting the financial markets for the past year. The crisis is causing many people to get further into debt – the only winners appear to be the debt management companies. The crisis affects everyone – not just those working in the financial […]
No Final Salary Pension Scheme?
Over the past few years, final salary pension schemes have witnessed volatility in equity markets and a retired workforce that is living longer. Add the two together, and what was once a healthy pension scheme became a huge liability, carrying significant deficits.
To reduce the liability, one by one, companies closed their final salary schemes to […]
The Simple Way To Understand Forex Trading
So what is forex trading?
It is simply the trading of a variety of different foreign currency types. Foreign exchange trading used to be constrained to the bigger banks and institutional traders, but due to advances in technology, small traders can reap the rewards available in the forex markets by using trading platforms online.
The forex markets […]
Should You Bother Getting Cruise Ship Travel Insurance?
Going on a cruise…ah…what a wonderful way to relax and enjoy life. You have nothing else to do in life. Your only obligation is to enjoy the trip by choosing to visit the ports of call, explore the different parts of the ship, eat delicious food and pamper yourself. Then suddenly, you get physically hurt […]
Are Savings Bonds Still Viable?
Let’s be honest with ourselves, saving bonds are not as risky or as exciting as stocks, but, isn’t that basically the point? While there’s pretty much no such thing as a no-risk investment, chances are, a savings bond is about as risk-free as your going to get, especially US savings bonds. Chances are, you or […]