CAT | Misc
I came across a very interesting article on “Stumble!” called, “Everything You Ever Really Needed to Know About Personal Finance on the Back of Five Business Cards”. It explains the basics of personal money management in a very simple and coherent manner. Very often in life and in our careers, we lose sight of [...]
UBS today announced that it was writing down its sub-prime holdings by a further US$ 10 billion. This brings the total write-down in UBS’s sub-prime holdings to about US$ 13.5 billion making it the biggest loser from the sub-prime crisis. The Swiss banking giant however, managed to raise CHF 13 billion (about US$ 11.5 billion) [...]
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The Basics of Investing:Commodities and Commodity Exchanges
0 Comments | Posted by Ash in Misc
Commodities and Commodity Exchanges
Firstly, let us start off by understanding what commodities are. Commodities are, well commodities – Anything that can be bought and sold relatively easily, something that can physically be moved or stored. In the financial world, it could mean something as simple as gold,silver,oil,timber,sugar,wheat,cotton etc. It could also mean something as complex [...]
