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What are the Types of Interest?

September 10, 2021 admin Comments Off on What are the Types of Interest?

No matter which side of a financial transaction you’re on, it’s important to understand the concept of interest. It’s the charged fee for borrowing money—often a percentage of the amount borrowed. For lenders, it’s what they can expect to make from the transaction. For borrowers, it’s the cost of that transaction.
While the concept of interest remains the same, it takes different forms. The type of interest you’re dealing with depends on the nature of the investment, the amount, the term and who’s involved in the transaction. In total, there are seven chief types of interest.

1. Simple Interest
This …read more […]

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List of Oversold Stocks to Buy Today

September 10, 2021 admin Comments Off on List of Oversold Stocks to Buy Today

Oversold stocks can be a great opportunity to make gains. When you buy an oversold stock, you might be investing in a well-known company. It might have a temporary mar on its name, or something similar.
Sometimes investors will run from a company. This might be because of a recent event, bad news with the company or a low outlook for the industry. Investors see that and there is some major selling. This large amount of selling can send the stock price tumbling.
When investors sell so much stock that the price falls below its actual value, it has become oversold. This …read more […]