Goldman Sachs is reportedly raising $1.5 billion for Facebook. Goldman Sachs has sent out a Facebook offer document to it’s list of wealthy clients. Other investors targeted are hedge funds and private equity funds. Goldman Sachs partners have also been given the opportunity to buy Facebook stock. According to Goldman Sachs Facebook offer, investors must promise to invest at least $2 million and not sell shares until 2013.
Choosing a checking account is part of good personal finance management. It is important to check what every bank in your area is promising. Checking accounts should be evaluated in the following criteria. Checking Account Fees. Know every fee that you are going to incur during normal usage of the account. Stay away from banks that charge maintenance fees, they are an absolute no-no, as they’ll eat all interest you might earn. Free Online Banking In this day and age their is no point in visiting your bank to make simple transactions. It saves time and money.Some banks charge for online transaction so look for banks that offer free online banking. Customer Service A good bank should provide support in form of email, telephone and chat. Even in this age a good bank should be able to provide a customer with an opportunity for a face to face chat with a customer advisor at a local branch. The best way to evaluate a banks customer service is ask current customers. FDIC Insurance Just make sure that your account is FDIC insured before putting your money in. Interest Rates A good checking account should provide a competitive interest rate. Be wary of banks with high interest rates because most of them have hidden fees that eats up the interest earn. Read the paper work slowly and mindfully. Whatever checking account you choose, choose wisely and carefully and do your own thorough research.
A good credit score is necessary if you want to get cheap loans. It is important you do your best to put your credit history in order to protect your credit score. A credit score is determined by assessing a persons payment history, outstanding debt, number of years as a borrow and number of recent new accounts. The following four credit tips will help you protect your credit score. Start Borrowing Early Start borrowing as early as possible. A person who starts borrowing money in college has an opportunity to develop a good credit history. By the time this person is applying for his/her first morgage he will show experience in his / her ability to borrow and pay bakc money. The important thing is to borrow small amounts that you can service comfortably. Pay All Your debts In Time. 35% of your credit score is determined by how well you service your debt. Always pay your debt on time. Dont Over Borrow. 30% of your credit score is determined by your level of debt. The more debt you are carrying the lower your credit score. Never borrwo more than you need. Dont run away from your debts If you are carry many credit cards this could indicate you are use one credit card to pay off another credit card. A sign you might be in financial trouble. Deal with all your debts at a time. When you borrow money to pay off an old debt you are only increasing the size of your debt. Asking for more trouble!
Another word for financial crisis is making money. Because during financial crisis clever investors roam like vultures looking for opportunity to make money. History of Making Money In a Financial Crisis Back in the early 1990? George Soros pounced on British financial crisis, shorting the British pound and walking away with a cool US$ 1 Billion in the process. In the late 90′s he rode the Asian crisis all the way to the bank. The then malaysian Prime Minister referred Soros as “A Criminal” When the US housing market crashed back in 2007 many sub prime moergage borrowers were crying but one hedge fund manager was having a laugh. John Paulson a hedge fund manager in New York had bet against the sub prime market and made billions. The two above investors made money by shorting the market. Talk to your financial advisor and see how you to can profit from fianancial crisis. |
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