Therefore, as a banker dealing with your own money, you VALUE your money
GREATER than a banker.
Not exact matches
Bankers are going to be looking for businesses that have some wiggle room, and you may need to show available cash flow that is three times
greater than your debt payment requirements, Hoeksema says.
Moreover, it is now doubtful whether the efficient market hypothesis makes any kind of sense. Indeed, a
great many economists and
bankers have discovered Minskyâ $ ™ s views on financial fragility and his financial instability hypothesis, according to which banks and financial markets can not be left to themselves: we need regulations even though regulating markets may not succeed in avoiding another crisis once the memory of the current crisis has faded away.As told to me by a law student recently hired by Blackrock, the largest asset manager in the world, with assets totalling more
than 3,500 billion dollars â $ «thatâ $ ™ s one and a half times larger
than UBS and twice as large as PIMCO â $ «many asset managers are now turning away from hiring neoclassical economists and actually prefer hiring engineers, sociologists and even philosophers.
Higher interest rates
than your traditional brick - and - mortars with no maintenance fees, thanks to the lack of expensive branch networks draining the banks» resources (and I say that as a branch
banker, and thus one of the costs in question), make it a
great place to park money that you aren't going to be using.
If you are paying off your mortgage in a biweekly fashion rather
than monthly, then you have a
great deal of leverage when it comes to negotiating a fixed interest rate that is at the bottom of the range that your
banker gives you for your credit score.
Often, you have access to a «private»
banker who can provide more attentiveness and
greater skills
than you'll find lining up at your bank branch.
Mortgage data from the Mortgage
Bankers Association still do not indicate an expansion for home purchase debt, suggesting that home sales are still relying on investors and cash buyers to a
greater degree
than history would suggest is normal.