Who were the richest people in America during 1960?
I know my grandfather edward krock was one of the wealthiest people in America in the 1960's before he fled the country for being audited by Nixon. This was started because of hs close ties with JFK.
Does the repayment of debt destroy money?
Yes, in the sense that money is usually taken from the economy to repay a loan. The accounting entries at the bank show the loan to the debtor being reduced (asset), and the loans account reduced (liability). However, the bank has received money, which increases it's reserves (it's own account with the Bank of England). All banks have these accounts which they use to settle up between themselves at the end of each day. In reality, if the bank is not near it's reserve requirement, it will try to put this money to good use earning interest by lending it out again. The money supply in the UK grew hugely between 1997 and 2008, (by more than £1 trillion) because banks were creating new loans, which became new deposits and money, faster than old loans were being repaid. 40% of the new loans in this time went on property, which increased in price by 3 times, mainly because of all this extra money being created. 40% of the lending went of financial speculation, with only 10% to productive business. Eventually the real economy cannot support the extra interest, debt repayments and rents caused by all the new loans created, so we go from boom to bust. The government is now borrowing more to make up for the shortfall in borrowing in the private sector, where debt is being paid off, and banks are much more cautious with their lending. Bank lending is one of the main drivers of the boom and bust cycle.
Why would treasury bills be a safer investment than buying real estate or common stocks?
Because they are secured by the U.S. government and the government has never defaulted on on its debt.
temporary deposit.
Bank will not pay any interest to you .
Any increase in profit due to economies of scale is lost on increased risky behavior from the company. As companies expand they inturpret risk differently, what used to be a risky endevor, "morgaged backed securities" now seems to have a smaller impact of risk compared to the larger size of the company. The only limitations on domestic geographic diversification that affects profitability are the ones managment creates though changes in policy due to increased market share.
Why do investment bankers buy the stocks?
to sell at a higher profit to their clients....?
They can be buying to collect on dividends, lower cost basis of stock they already own, diversify their portfolios, speculation and of coarse profit in the resale.
What is the full form of utr no in bank?
a unique no. generated for every transaction in RTGS system (Unique Transaction Reference)
UTR is a 16 digit Alpha-Numeric code, the first 4 digits contains the Bank Code in alphabets, 5th one meant for the message code, 6th & 7th mentions the year, 8-10th mentions Julian Date (No. of days in the calendar year are reckoned as the basis to arrive at the date of remittance) and the last 6 digits mentions day's serial no. of the message.
What are the advantages of signing a loan agreement?
Is there any advantages to co-signing for a home loan
What is a company that is publicly trade called?
A publicly traded company is called a "public company" or "publicly held company." These companies have shares that are offered to the general public and are listed on a stock exchange, allowing investors to buy and sell their stock. Public companies are required to disclose financial information and adhere to regulatory standards set by governing bodies, such as the Securities and Exchange Commission (SEC) in the United States.
If one person writes bad checks can they make you pay for them?
It is the responsibility of the person who issued the bad check to pay for it.
What are examples of common stock?
It provides the following information:
What is the Corporate Strategy of HSBC Bank?
From the HSBC website:
'Through loyal and committed employees who make lasting customer relationships and international teamwork easier to achieve, we work to uphold Five Core Business Principles:
We also operate according to certain Key Business Values:
Could you explain all possible approaches for structuring Confederation company passive investment?
In fact, passive investment approach could be under two types which is buy and hold, and index fund
I don't know if there is much approaches , I hope that someone will explain to us this Q
DSRs
What is a Full blown bear market?
Well, its a very nice question but it requires a bit more explanation to explain it to a layman therefore, I will suggest you to visit the following link to know what a "Full blown bear market" actually is.
How do you write an investment plan?
Most investment plans, like business plans, should contain following parts:
* What is it you are investing in?
* What kind of investment type will you use?
* What return on investment do you intend to gain, and how is this realized?
* What risks are there, that might reduce or eliminate your profit?
* What contingencies do you factor in to mitigate those risks?
* How are you prepared to deal with unforseen opportunities?
* Will you need external investors? How will you entice them?
* What legal conditions are applied, how is the investment covered?
How do you describe the various stakeholders and sections of people to address in any business?
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Please summarize the different ways to report the gain or loss on the various types of investments and explain how this treatment is in compliance with GAAP principles.