Personal Finance | Money Management  

Personal Finance 02 التمويل الشخصي

There are conflicting reports that Muslim and Jewish merchants in Cairo were the first to establish a stock market while the traditionalists maintain the oldest ones were actually in Italy and these are usually the starting point when considering a brief history of stock market trading. The 13th Century Italians almost certainly had the closest share trading markets to what we would recognize today. 

We need to know which types of investment they are considering when they ask "what is the first step to investing?" Many newcomers to the world of investments think only of stocks and shares but there are of course many more options out there. Some of which are possibly far better for beginners. 

As a result the market crashed spectacularly into freefall. If you had blindly followed them because you didn't know what you were doing but thought it was safe to do so because others were following them you could have finished up bankrupt. A second important point to keep in mind is to match the risk to the reward regardless of the type of investment. 

But you have to see if you can really afford to keep this minimum deposit with the bank because if your total deposited amount goes less than this, you will have to pay an additional charge. (iv) There may also be a limit on the number and the amount of withdrawals that you make from the savings account. 

Understanding The Stock Market 101 If you are looking to get started with investing in stocks and shares you really need to get to grips with understanding the stock market. While you don't need to become an expert or have an in depth knowledge you certainly need at the very least a basic understanding. 

Some, not all, but some companies will freeze the interest, especially if you've always had a triple A credit rating in the past. Let take a worst case scenario here and assume your creditors aren't helpful. If you find that is the case then start to look at some of the options. Do you have a family member that can lend you the cash to pay off what you owe?