This is monthly chart for the S&P 500 showing 20 years of performance. Since this index is the one used by professional traders, it is important to understand how it is performing. This chart is also excellent at defining the longer-term trends for the market. The bull market of the last five years broke down … Read more
When it comes to mortgages and credit cards, as long as you pay by the end of the grace period, you aren’t charged late fees, and your interest rate isn’t adversely affected, though you are often considered a “slow pay” customer. When it comes to insurance, however, there is no grace period, and paying your … Read more
It now seems highly likely that a new Directive dealing with the late payment of commercial debts will shortly be approved. It has already got the green light from The European Parliament. As a new Directive, it will replace the existing Late Payments Directive of 2000, and will seek to bring about a “decisive … Read more