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Commercial banks and investment banks are capable of holding millions of dollars in deposits.

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AnswerBot

5mo ago

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What is a thrift deposit?

An organization formed for the purpose of holding deposits for individuals; examples include savings banks and savings and loans.


Is it better to invest in shares or dollars?

Investing in shares typically offers the potential for higher returns over the long term compared to holding dollars, which may lose value due to inflation. However, investing in shares also comes with higher risk and volatility. It is important to consider your financial goals, risk tolerance, and time horizon when deciding between investing in shares or holding dollars.


What is a deposits substitutes and meaning and examples and i need your help please?

Deposits are a way of having some institution hold your money. Substitutes include: Borkerage accounts Pre-paid cards Annuities Investment in gold, silver, art, antiques, or other material goods or just holding cash yourself.


What financial institutions does not take customer deposits?

Financial institutions that do not take customer deposits include investment banks, brokerages, and insurance companies. These entities primarily focus on providing services like underwriting, asset management, trading, and risk management rather than holding customer funds. They generate revenue through fees, commissions, and the sale of financial products, rather than through interest earned on deposits.


Is it better to invest in shares or hold onto dollars?

Investing in shares typically offers the potential for higher returns over the long term compared to holding onto dollars, which may lose value due to inflation. However, investing in shares also comes with higher risks and fluctuations in value. It is important to consider your financial goals, risk tolerance, and time horizon when deciding between investing in shares or holding onto dollars.