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Is a branch manager of an savings and loan considered a sophisticated investor?
Wiki User
∙ 15y ago
No, not unless he really is one.
Wiki User
∙ 15y ago
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When a customer opens a bank savings account the bank essentially becomes a(n) .?
borrower
When a customer opens a bank savings account the bank essentially becomes a what?
Borrower ^ correct answer no cap :)
What are the factors that investor keep in consideration while preferring investment in stock over savings?
The higher risk involved in investing in stock. He should also keep in mind the time horizon of investment, as investment in stocks is considered as long term investment.
Are there any banks that offer a high yield savings account?
There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.
Why is a savings account considered a financial investment?
Why is saving considered a financial investment
What would not be part of an investment portfolio?
An investment portfolio is a group of investments in which an investor intends to make a profit on the original invested money. A savings 529 plan would not be included in a investment portfolio as it is an education savings plan not an investment plan.
How does a business man finance his business?
A number of ways, personal savings, a credit card, back loan, SBA loan, angle investor, "boot strapping"
Letter format to the bank manager asking him to convert your salary account into savings account?
The letter format to a bank manager asking them to convert a salary account into a savings account should be formal. Address the bank manager formally and then explain in detail the reason for the request. Include information about the account and when the changes need to be made.
Are savings account card considered debit cards?
no generally a savings account does not come with a card unless it is an ATM
Your husband spent your savings can you still get half?
Maybe not but you can do something about it if the two of you are not sharing bank account. If your husband is not in your savings account, that will be stealing and that is illegal. You can ask the bank manager or even a lawyer.
What savings bank is commonly used by investors?
"Merrill Lynch (BAC owned), Morgan Stanley, and Barclays all hold investor funds and accounts for use in the stock markets or for investors in general ."
What are some of my options besides an IRA when it comes to retirement savings?
Options include investing on your own, provided that you are a savvy investor and have the time, money and patience investing requires. A 401K is another option.
