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Mutual funds

Last Updated on Monday, 14 December 2009 10:50 Written by Ο Τσιγκούνης Monday, 23 November 2009 13:24

Seeing the interest rate futures have fallen to very low levels, many are looking to put their savings into more profitable investments. So some people think investing in mutual funds, ignoring perhaps the chance of loss from this investment.

What is the fund?

Fund is the common property created by a group of investors. Depending on the amount contributed by each investor, and is the holder of the corresponding part of such property in the form of shares. O number of shares of a fund is growing as new investors buy shares and reduced shareholders when they leave it. Those syneisferooun the creation of such property, sharing profits and losses that may arise, depending on the share of each. The chapter concentrates shall be managed by a management company Investor Mutual Funds (Anonymous Mutual Fund Management Company).

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The policy banks

Last Updated on Saturday, 09 May 2009 10:10 Written by Ο Τσιγγούνης Saturday, 09 May 2009 09:14

Difficult to understand the policy of many banks.

It seems to not want to disclose interest rates, especially when they are not competitive. It is like the merchants who want to sell a product but does not mention the price.

On the other hand, only some of these banks have a good interest rate, or do something that feels good, dapanaei hundred thousand euros to advertise.

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Transfer of mortgage

Last Updated on Saturday, 13 June 2009 13:49 Written by Ο Τσιγγούνης Saturday, 13 June 2009 12:28

Perhaps now is the time to transfer the mortgage loan us?

Currently the variable rate mortgages have fallen to very low point at around 2%. On the other side of the fixed mortgage is around 6%.

Those who have gotten older home, you should consider what rate you are currently paying to see whether the interest in transfer to another bank.

Even if someone had taken a fixed mortgage, it is advisable to ask the bank as it has done consistently home converted into a variable without the permission or even informing the borrower.

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