Financial management is not a new term for all like-minded persons who have entrepreneurial orientation. Ideally, economists stratify people into two major categories; the haves and the have not. But who is there to bridge the ever-widening gap between the haves and the have not? It is the government but not necessarily so.
This concept can be demystified from a financial management point of view. One side of the spectrum has filthy rich people who have more money than they require.
Normally, they take such monies to banks and open saving accounts, and they walk away from banking hall with grins and signs of relief that their money is pretty safe in a savings account and furthermore, the money will attract some interests either quarterly, semi-annually or annually according to seekingalpha.com. On the other side of the spectrum, there exists an entrepreneurial class which is somewhat aggressive. Such a class takes a calculated risk to mobilize resources from an area where they are in plenty to an area where they are scarce.
The ultimate reward of such people is a handsome return on investment according to banyanhill.com. To bridge the gap between these two classes, financial institutions comes in and advance loans; short-term or long-term to this entrepreneurial class who pays back the Principal and interest (thanks to the concept of time value of money). Out of this, financial institutions gain some profits, and the surplus is passed on to the bank clients with the savings account.
This is a financial nugget that rarely will your financial consultant share with you.
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Feeling challenged by such little-known facts to the public about prudence in financial management, Jeff Yastine halted his productive investment in capital and money markets to join Banyan Hill Publishing as an editorial director. For sure, if you are an investor who has fallen in favor of investing in stock markets, you will best understand that it takes something more than a passion for taking such a bold move for relinquishing handsome returns equity that stock markets bring.
Since 2015, Jeff has made enormous contributions to emancipate investors who have little or no grip on financial management and market intelligence which are considered as a pre-requisite in stock markets. Through this platform, JL has successfully made many investors across the globe to comprehend various business processes, operations of both money and capital markets and fiscal policies.
The former Financial Correspondent and Anchor at PBS Nightly has published an array of articles such as “You are a Biased Investor,” “Cyber Security Profits Are Hiding in the Shadows,” “The Entire Oil Sector Is Screaming ‘Buy Me! ’” You can’t afford to miss out on his articles. He has valuable insights to investors.
— Jeff Yastine (@Jeff_Y_Guru) November 21, 2017