In your interest.
Online Personal Finance Magazine
No beating about the bush.
Among the concepts taught in finance classes, and subsequently practised zealously, are market-to-market (MTM) and capital adequacy of financial institutions. All financial institutions invest in securities for their trading portfolio and, if the price of the securities declines, the institution is obliged to mark the security down to its new lower value. This is called mark to market. Marking...
In the next 6-12 months, there would be many opportunities to buy quality stocks at reasonable prices
The nightmare has begun. The big-name banks of the US, till recently called ‘Masters of the Universe’, are getting buried. They leave behind one big mess that the world will have to clean up. It is going to be a long and painful process and it could well take more than a year (on a very...
When war began in Europe in 1939, Sir John Marks Templeton borrowed money to buy 100 shares each in 104 companies selling at one dollar per share or less, including 34 companies that were facing bankruptcy. Through the ravages of the war, he held on to them. Only four turned out to be worthless. Over the next few years, he raked in large profits on the others after holding them for an average...