The Basel II Capital Adequacy requirements have been introduced to encourage banks to improve their management of Credit, Market and Operational Risks. Under the new accord comes a risk based capital requirement specifically for Operational Risk. While capital is important it is only one defense against risk. It is also unlikely that it will be [...]
Do you think adaptation to the realities of the market is the most important thing? Many times in the past I’ve written about the need to adapt, the need to be able to change your behavior relative to the market because the markets are ever changing. I’ve stated that mechanical systems may be workable, but [...]
The butterfly spread is a conservative strategy with both limited profit potential and limited risk. It is actually a combination of a bull spread and a bear spread. It can be constructed using all calls, all puts, or a combination of each. Three strikes are used: one high, one low, and one in the middle. [...]
As of April 14th, 2007 the U.S. national debt – after figuring in all of the Government’s “regular” debt plus all of it’s unfunded “pay later” obligations like Social Security and Medicare – tops 60 trillion dollars. A number so large, most Americans can’t even fathom what it means. If the Government were to start [...]
Nobody loves being ruled by someone else. Each one of us wishes to rule others and become a boss. But, it is not easy. Entrepreneurial skills matched with adequate capital works towards the success of the business. Lack of adequate capital is what stops most of us from realizing our dreams. There is good news [...]
You have heard about secured homeowner loans. You know that being a homeowner; you can apply for these loans. But, you may not be aware of the feature, facility and aspect of these loans properly. In this article, some relevant facts about secured homeowner loans are penned in. What is secured homeowner loans? Generally, secured [...]
In your quest for payday loans you have an option to take into consideration unsecured or secured credit cards for debtors. Credit cards online may have high interest rates and fees on late charges; in spite of that, if you pay back the debt before the grace period, you will pay less than what you [...]
Question: My grandmother, recently deceased, left E, EE, & HH bonds to me, my sister, and mother. The total is approximately $600,000, under the limit to be taxed. However, there is substantial interest accrued on the bonds. What would be the best way to distribute these? Should we have them changed to our names to [...]