Browse posts tag by Interest

Why Traders Use Credit Cards In Forex

Why Traders Use Credit Cards In Forex

Why have traders been using their Credit Cards as the primary payment method to fund their trading accounts? The answer is simple, and it’s a convenience thing. However, recently paying with your Credit Card (CC) for investing in the Forex and other speculative markets has become illegal in the U.S and is a crime the FBI has started to crack down. In other parts of the world, traders use this payment method because again it offers

Why High-Interest Savings Accounts?

Perhaps the main reason anyone opens a bank account is to save money. Every savings accounts will yield you, the account holder, some form of interest on the amount you deposit into the account. The amount of interest depends on the rate of interest that particular financial institution provides.  Why do high-interest savings accounts seem more attractive? Some accounts provide a higher interest rate, which means better or more savings. Especially, in an economy where inflation