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. To be clear it is not a way to just write off your outstanding credit or to walk away scot free from your financial obligations. No, it is a service offered by some companies to reduce the amount of your overall credit bill. Consolidation service is the name used by many of these companies to describe a service where by they will negotiate with your creditors. In fact it was November of 1954 before share prices reached the level they were at on that first day of the crash. So what caused such an economic disaster? There are many different views on the cause as you would imagine but the general consensus of opinion is that there was a misplaced belief that high share prices could be sustained indefinitely. Whatever type of investment you decide on ensure that it suits your personality in terms of risk. If you hate anything risky then ultra high risk bond markets are definitely not for you! Go for something that will get you the returns you are after but which also let you sleep at night. The next point we need to look at is whether you will be making your own decisions on where to invest or getting a professional in to do the job for you. Will it be a worth while saving that you make each month on your existing repayments over how much you pay in the long term. Of course if you are consolidating bills from credit cards you will probably find that the lower interest rate will make a huge saving in both the monthly repayment and the overall cost of the loan. You can either make your own decisions on where to place your investment money or alternatively get a professional to do it on your behalf. Whichever one you decide on it is always a good idea to paper trade first. That is where you decide on a particular stock and only place the order on paper. This will help you to see if you are happy with the market fluctuations as well as with the types of choices either you or your adviser made.