This monday is one of the worst mondays since great depression. Stocks posted big losses in markets across much of the globe as investors absorbed bankruptcy plans at Lehman and Merrill Lynch’s forced sale to Bank of America for $50 billion in stock. And perhaps most ominously, American International Group Inc. is asking the Federal [...]
If you invest your money on fixed interest rate you may want to know, how long it will take to DOUBLE your investment. You may ask this question also everywhere, where the term growth appears (debt, gdp growth…).
There is very easy way, how to answer this question. So, let’s start.
Federal Open Market Committee (FOMC) of American central bank decided to cut the main interest rate in amount of 75 points to level of 2.25%.
FED in Tuesday again released the monetary politics to protect the US economy before further negative impact of mortgage crisis with menaces of recession. Federal Open Market Committee (FOMC) [...]
Do you know those situations, when you are spending five dollars or less for unimportant things just because you can afford it and you say to yourself: this amount of money is very small.. It doesn’t matter.
If yes, you are WRONG! Every one dollar spent is important!
WHY?
Assume, that you can invest into bonds with maturity [...]
Stumble it!