Author: William Steve

Loan 

What Are Loans?

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A loan is a sum of money given by a bank or other lender to an individual or business to fund a particular purpose. These loans can be secured or unsecured, open-end or closed-end, and conventional. The basic concept is to increase the money supply of an economy by giving credit to more people. Many banks make their money from interest on these loans. They also offer other financing options such as credit cards and home equity lines of credit. A credit card is a short-term loan with no fixed…

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Cryptocurrency 

The Benefits of Using a Cryptocurrency

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The use of cryptocurrency is a rapidly growing industry. This form of digital money is primarily used to exchange value. It is called a crypto-currency because it is a form of digital cash. The purpose of the currency is to act as a medium of exchange. You can use it to exchange goods and services. The primary benefit of using a cryptocurrency is its anonymity. A cryptocurrency is not as valuable as cash or other traditional currencies. Cryptocurrencies are not like traditional currencies because they are decentralized. They are not…

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Share Trading 

The Basics of Share Trading

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The concept of share trading is nothing new, but it is still difficult to define. What is it? A stock trader (also known as an equity trader or share trader) is a professional who tries to make money from equity securities, usually by buying and selling them. This can be done through a stockbroker or as a separate entity. There are many different ways to enter this market. To learn more about the process, read on! Market orders are a popular way to buy and sell shares. These orders are…

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Loan 

A Simple Interest Loan

William Steve

In basic economics, a loan is a borrowing of money by one or several people, institutions, or other entities normally for the specific purpose of acquiring material possessions such as tools, raw materials, capital goods and so on. The borrower is then obligated to pay interest on this debt and eventually to repay the total principal sum borrowed as well. Loans are often secured by property such as real estate, which can be repossessed if the debtor fails to meet his obligations. In contrast, unsecured loans are not backed by…

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Share Trading 

Share Trading Vs Investing – How Can One Differentiate Them?

William Steve

A stock trader, equity trader, futures trader, commodity trader, options trader, futures trader, or foreign exchange trader is someone or business involved in buying and selling equity securities, also known as securities, and trying to profit from the sale of these securities. Stock traders can be an individual, an entity, broker, hedge fund manager, or corporation looking to make money by way of such transactions. They are usually investors looking to make money off of the rising and falling of stock prices. Some stock traders are also individual investors who…

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Tax 

What Is a Tax?

William Steve

Taxation is one of the most important subjects for every individual and company. It is vital for all businesses and individuals to know their tax responsibilities. It is mandatory for everyone to pay their share in taxes to the revenue department. Every individual and business has to pay taxes to various government departments like Income Tax, Corporate Tax, Sales Tax etc. A tax is any form of levy or financial charge imposed on a person by a government organization so as to finance various public welfare programs and government spending.…

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Loan 

Types Of Loans Available

William Steve

In economics, a loan is a borrowing of money by one or several persons, companies, institutions, or other organizations to other persons, companies etc. The borrower is then obligated to pay interest on this debt and also to repay the principal amount borrowed and at the same time meet other financial obligations. This sector of the economy constitutes a major part of the total monetary base in most nations. Most loans are unsecured in nature. However, secured loans, which include home mortgages, auto loans, and business loans, are available in…

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Share Trading 

Start Trading Shares

William Steve

A stock trader, often referred to as a stock broker or equity broker, is an individual or firm engaged in trading stocks and trying to maximize the profit from the sale and purchase of these securities. Stock traders can be an individual, institution, hedge fund manager, or public stock broker. They can trade shares of a stock to be sold for cash, called ‘book’, or they can buy shares of stock to be held as ‘bought’ or ‘hold’ until the time they are ready to sell them for cash, known…

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Tax 

Taxation – An Introduction

William Steve

A tax is any financial burden or other sort of levy imposed upon a taxpayer by some governmental body in order to support government spending and various social public needs. A person who has failed to pay, or evasion of or disobedience to tax, is liable to punishment by law. Taxes have many different types, which fall under the heading of personal income tax, sales tax, value-added tax and estate tax. The latter is levied on the assets of individuals and businesses, including real estate. These taxes are collected by…

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Cryptocurrency 

What Is Cryptocurrecny And Why Is It So Popular Among Forex Traders?

William Steve

Cryptocurrecny is a new system that allows users to trade in the currency pairs of EUR/USD and EUR/JPY with ease. This is done through a broker service called Cryptocurrecny. The company Cryptocurrecny claims that they have made the process of buying and selling currencies easy and user friendly. Their main selling points are that you don’t have to deal with brokers, you can trade from any computer and they provide market orders through an instant internet connect. The main goal of Cryptocurrecny is to create an arbitrage program that will…

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