Integrated Wealth Management:The New Direction for Portfolio Managers 2nd EditionNewly revised and updated, Jean Brunel's best-selling text on advising high-net-worth portfolio managers is now available. The guru of wealth management provides you with unique insight into how to make strategic, long-term decisions in the best interests of your clients. Includes two new chapters on behavioural finance in the strategic asset allocation process; and...more
Today the economic world is reeling in a state of shell shock and un-surety. Global markets made up of every big hitter like the USA, Germany, Britain, Japan and even China on its path of world domination have all fallen victim to what's known as the 2008-2009 world economy crash. We can't but wonder where the path of quantitative easing will bring us and what the future cost will actually be.During the turmoil that came from the economic crash,...more
Not so long ago, our new daughter lead her new dad up a wide staircase to the place she had called home only days before: a dreary, sixth floor wing devoted to children with special needs. Our little girl toddled excitedly in the direction of her old crib, which was aligned like a freight car in a crowded depot. There my daughters tiny bunkmate lay swaddled and almost invisible in the grey light. She gazed upwards in searching, wordless farewell, apparently aware on some level her friend would be leaving forever. Then her eyes found mine and held on. This went on a long second or two. Maybe three.I found myself uttering a kind of vow at the edge of this little ones crib: I cant bring you back to the States, but I swear Im going to do something to help you. Im going to help you, just as so many people have gone out of their way to help me.I had vowed to do somethingbut what? I was busy running an interior design magazine that had gone from the proverbial kitchen table to several million in revenue with a payroll to match. And I hadnt even met Rob Hartz who was crisscrossing continents for Fidelity Investments. Both of us had famies to support, what could we hope to besides...more
Although we live in this world, the Bible tells us in Romans 12:2 that we should not conform to the ways of the world. As Christians, we are held to different standards, higher standards.Are we useless?If our actions are not aligned with what God wants, we are considered unfit and useless to Him (Titus 1:16). Can you imagine being told that you...more
Debt settlement program settle credit card debt and other unsecured debt for the customers and helps them to lead a debt free life. It has been seen that settlement companies not only negotiate the interest rate at which the debt has to be paid but also the actual debt bill is reduced remarkably by 40-60%. Settlement services are a wise decision...more
In the current financial situation of America the companies are looking forward to the bailout packages sanctioned by the American government. People have currently lost jobs and living off their savings. The next set of people who have jobs have faced job cuts and are unable to make their ends meet.Due to a major cash crunch people resorted to credit card spending to run their day to day expenses. This lead to a major piling of debts as people kept on spending with minimum payments towards their cards. The American government finally intervened to put an end to the debt stressed life of people. The intervention was in the form of1. Stimulus money2. Tax cuts3. Personal Grants for financially affected people.The stimulus money brought back the liquidity in the market. Institutions wrote off debts and settled loans at very low rate of interest. Tax cut again increased the money flow which gave extra capital in the hands of businessmen to invest into the market and create more employment opportunities. Personal grants were given to people who were highly affected financially. They could use the money for any use they had even to pay back their loans.If we summarize the affect of the...more
When facing bankruptcy, most people prefer to negotiate with creditors and reach a settlement of their debts. But this can have both positive and negative effects on your financial health. Although an attractive option, debt settlement has its own...more
Some financial experts say that the current recession in the economy is more serious and dangerous than the depression of the 1930s. A lot of individuals and businesses took large loans and risks believing that good times would last forever. Suddenly...more
In the face of financial ruin and bankruptcy, most people feel helpless. Not having any formal financial training they do not know what to do to avoid financial disaster. But nowadays there is a popular and easy solution for debt management, in the...more
Nowadays, in any industry the relationship between small and big firms is mutually beneficial. Neither of them can exist without the other. The same applies to financial institutions as well. Large money lending institutions and credit card companies...more
Most of us are not properly aware about how to manage finances. Where most people go wrong is credit management. Due to wrong credit management people often end up in difficult financial situations. There are many other reasons why a person may find...more
People are falling in despair because they are up to their eyes in debt and do not pay how to pay it out. In a desperate attempt to come out of the situation people tend to commit mistake which further enhances the problem. People start borrowing...more