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Top 5 Trading Strategies
Nov 14, 2023Trading the markets can grow your investment capital, but it can also be risky if done incorrectly. Markets are unpredictable, so you can use a five-step test to find the best trading strategy for you. These actions can improve your ability to make winning trades while lowering risk. The five-step test includes these crucial steps: 1: The Trade Setup 2: The Trade Trigger 3: The Stop Loss 4: The Price Target 5: The Reward to Risk. Read the blog to learn how to apply these steps to determine if the trade is worth making.
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What is Deposit Insurance Fund (DIF)
Nov 14, 2023A (DIF) Deposit Insurance Fund is a private insurance fund that covers all deposits at member banks beyond the (FDIC) Federal Deposit Insurance Corporation limitations. The fund is the government’s guarantee on bank deposits up to $250,000 that are FDIC-insured. The FDIC uses these funds to reimburse customers who had accounts below the limit in case an insured bank fails. Most of the DIF’s funding comes from quarterly assessments of insured banks. The assessment of a bank is determined by dividing the assessment rate by the assessment base.
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What is the Bank Insurance Fund (BIF)
Nov 14, 2023The Bank Insurance Fund (BIF) was a component of the FDIC that protected troubled banks, particularly during the late 1980s savings and loan crisis. The BIF combined with another fund named the Savings Association Insurance Fund (SAIF) in 2006 to form the Deposit Insurance Fund (DIF). This article will highlight the definition of the Bank Insurance Fund (BIF), how it works, and its distinction from DIF and SAIF.
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