THERE IS NO ALTERNATIVE.
The chairwoman of the Federal Reserve, Janet Yellen, testified on Thursday before the Senate Banking Committee to address their questions and concerns. One key questions which I paid special attention to was in regards to the 3% growth in the next few years. Her response was by expressing the difficulty of the possibility of the
According to the Federal Trade Commission, over 75% of cosigners of finance company loans are eventually asked to pay up. There may also be late charges due to a friend’s or relative’s delinquency. Sometimes even court costs and legal fees. Besides having to pay off the original loan, cosigners may damage their own credit rating
In article, I will help show you that buying and selling stocks is as easy as buying and selling an item from Amazon. Let’s start with the Buying part: Open a brokers account Add money to it from your Bank Account Pick a stock Click Buy You’re Done! If you substitute #3 to “Pick a
I have a love affair with history and the financial markets. From what I’ve learned so far is that, it is easy to become rich in the Stock Market; but it’s nearly impossible to become rich quickly. I learned this when I first understood the difference between an investor and a speculator. Many people believe
Investing can be a great way to earn money and establish financial security for yourself. There are many different ways in which you can invest your money and many different levels of risk and liquidity. For many, the stock market is a great place to start investing. The stock market is a place where your
We’ve all heard about the Federal Reserve saying that they will begin “tapering” Quantitative Easing (QE) later this year. In this article, I will explain what QE means, how it has helped our economy thus far and what tapering will do to the economy in the short and long term. Quantitative Easing is a government
When a company is traded in the Stock Exchange it is known as a “public company” meaning everything and everyone (a.k.a. the public) has access to its information. If they make a statement about the company, they have to make a “public statement”. Of course the company’s executives and directors know where the company is
We’ve all heard the phrase, “Too Big to Fail,” which arose during the 2008 financial crisis. The phrase is used to describe why the government needed to bail out some companies. Before the crisis, these companies had greatly increased their profitability by creating, then selling complicated derivatives and traded risky loans, commodities, currencies and stocks.
Finance is how the world works. Without it there is no trade (you can’t go into a store and buy your new toaster). It is the hidden infrastructure that allows everything to happen. Here is an analogy I really like to use when explaining a business structure and how finance fits in: The arms of
