All my life savings were at risk. I decided to invest it all into UPRO – a stock that performed three times the amount of the S&P 500 index. At the time, everything was set; the market conditions were perfect. However, my heart was still pounding as I felt like vomiting due to my uneasiness. It was the first time I invested money into the stock market. Nevertheless, I told my father to execute the order on my behalf. On December 4th, 2017, I bought 40 shares of UPRO at $172.09. After the first…
1. Why did Ralph Nadar predict in 1996 that financial deregulation would create banks who were "too big to fail"? Ralph Nader predict in the 1996 that financial deregulation would create banks to bring out their lobbyist from both side of the bank and securities industries trying to get a stable financial community to be prepared by getting a pre-packed deregulate legislation. They trying to figure out to gain opportunities to get a new deal for the bank reformation by taking out the consumer…
1. Is Sue behaving in a professional manner by omitting some of the financial statements? Sue is behaving unprofessionally. The bank requires the information to help them make a decision that will hopefully profit both them and Sue, by not submitting the information up from it will probably hurt her chances of getting the loan. A.) What types of information about their businesses would owners be willing to provide bankers? What types of information would owners not be willing to provide. In…
"How many millionaires do you know who have become wealthy by investing? I rest my case." (Robert G. Allen). For the most part, an abundant amount of wealthy people invested at some point in their life during the process of becoming successful. It is a healthy idea to continue investing throughout time to increase wealth or maintain it. Altogether, throughout life there is an importance to invest so that when the stage to retire occurs I can “cash out” with the most money, with this in mind,…
Many external factors can play its part in reasons for home foreclosure, but if it happensto you, you need to be prepared with the best option to get you back on your feet. Your home has just been taken away from you… What will you do to get you and your family back in a home? The most effective option is to Rent-to-own. Renting to own will be one of the quickest options to get you back in a house that could potential become a home with no long-term obligation. Renting to own would be one of the…
Unit 3: Instructor Graded Assignment Interest and Loan Concepts Unit 3 focuses on interest and loan concepts covered in your reading of Chapter 11: “Simple Interest and Simple Discounts.” You must show your work at all times. The steps for solving each problem must be explained. Failure to do so could result in your submission being given a 0 grade. If you have any questions about how much work to show, please contact your instructor. Assignments must be submitted as a Microsoft®…
Venice bonds for $50,000, plus $1,000 brokerage fees. Interest is payable semiannually on April 1 and October 1. | July 1 | | Received a cash dividend of $0.60 per share on the Superior common stock. | Aug. 1 | | Sold 200 shares of Superior common stock at $58 per share less brokerage fees of $200. | Sept. 1 | | Received a $1 per share cash dividend on the Pawlik common stock. | Oct. 1 | | Received the semiannual interest on the Venice bonds. | Oct. 1 | | Sold the Venice bonds for…
that happened. Feb. 1 Purchased 1,200 shares of NJF common stock for $50,600 plus brokerage fees of $1,000. Mar. 1 Purchased 500 shares of SEK common stock for $18,000 plus brokerage fees of $500. Apr. 1 Purchased 70 $1,000, 8% CRT bonds for $70,000 plus $1,200 brokerage fees. Interest is payable semiannually on April 1 and October 1. July 1 Received a cash dividend of $0.80 per share on the NJF common stock. Aug. 1 Sold 200 shares of NJF common stock at $42 per share…
Dynashears manufacturers a complete line of household scissors and industrial shears, and distributes their goods through jobbers to specialty, hardware and department stores. A cyclical business, Dynashears deals with a period of high sales during the months of July to December. By nature, cyclical businesses like Dynashears engage in short-term borring from banks to finance the additional working capital needed to support high sales periods. Dynashears is usually able to pay back its…
Investment is risk. There is no investment that is completely secure and completely safe. Stocks, Bonds, Mutual Funds, Real Estate, every investment option holds the risk of losing money. The objective of investing one’s wealth is to generate income for the future. People fear that investing their wealth is putting their future at risk, a fear is holding down the success of that wealth. Wayne Gretzky, the greatest hockey player of all time, famously said, “ You miss one hundred percent of…