What Exactly Does Financial Services Mean?
Financial Services is a term used to refer to the services provided by the finance market. Financial Services is also the term used to describe organizations that deal with the management of money. Examples are the Banks, investment banks, insurance companies, credit card companies and stock brokerages.
These are the types of firms comprising the market, that provide a variety of money and investment related services. F (more…)
Mutual Funds – An Introduction and Brief History
Each one of us does not have the expertise or the time to build and manage an investment portfolio. There is an excellent alternative available – mutual funds.
A mutual fund is an investment intermediary by which people can pool their money and invest it according to a predetermined objective.
Each investor of the mutual fund gets a share of the pool proportionate to the initial investment that he makes. The capital of the (more…)