by Penn Credit Corporation | Feb 22, 2023 | Blog, News, Penn Credit Corporation
A hedge fund is similar to a mutual fund. However, a hedge fund is usually involved in investments that carry higher risk and higher returns. While a hedge fund might engage in hedging transactions they do not necessarily do so as they employ other risk management...
by Penn Credit Corporation | Feb 22, 2023 | Blog, News, Penn Credit Corporation
The simplest form of taxation is a percentage surcharge on an item’s sale price. Tax can be charged at different rates for different products; for example, luxury items such as jewelry might be taxed higher than essential household goods like groceries. In some...
by Penn Credit Corporation | Jan 12, 2022 | Accounts Receivable Management, Blog, News, Penn Credit Corporation
The Covid-19 pandemic has brought about significant changes to the way people shop, work, and travel. Banks and other financial institutions have adapted to the new normal as people take precautions against the Covid-19 virus. A key theme of trends in finance...
by Penn Credit Corporation | Nov 12, 2021 | Blog, Penn Credit Corporation
There has been a rise in the number of investing apps available for smartphone users. While some of these apps are legitimate and linked to established investment companies, others are less trustworthy. In choosing an app to use for investing your money, it’s...
by Penn Credit Corporation | Oct 29, 2021 | Accounts Receivable Management, Blog, News, Penn Credit Corporation
Since governments began coining or printing money millennia ago, the phenomenon of inflation has been an aspect of basic economics and commerce. For example, in ancient Rome, coins were minted using 90% silver in the time of Emperor Nero. But the Roman...