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Book : The Wall Street Journal. Complete Personal Finance...

Modelo 0733600X
Fabricante o sello Currency
Peso 0.25 Kg.
Precio:   $53,139.00
Si compra hoy, este producto se despachara y/o entregara entre el 26-05-2025 y el 03-06-2025
Descripción
-Titulo Original : The Wall Street Journal. Complete Personal Finance Guidebook (wall Street Journal Guidebooks)

-Fabricante :

Currency

-Descripcion Original:

From America’s most authoritative source: the quintessential primer on understanding and managing your moneyMoney courses through just about every corner of our lives and has an impact on the way we live today and how we’ll be able to live in the future. Understanding your money, and getting it to work for you, has never been more important than it is today, as more and more of us are called upon to manage every aspect of our financial lives, from managing day-to-day living expenses to planning a college savings fund and, ultimately, retirement. From The Wall Street Journal, the most trusted name in financial and money matters, this indispensable book takes the mystery out of personal finance. Start with the basics, learn how they work, and you’ll become a better steward of your own money, today and in the future. Consider The Wall Street Journal Complete Personal Finance Guidebook your cheat sheet to the finances of your life. This book will help you:* Understand the nuts and bolts of managing your money: banking, investing, borrowing, insurance, credit cards, taxes, and more* Establish realistic budgets and savings plans* Develop an investment strategy that makes sense for you* Make the right financial decisions about real estate* Plan for retirement intelligentlyAlso available-the companion to this guidebook: The Wall Street Journal Personal Finance Workbook, by Jeff D. OpdykeGet your financial life in order with help from The Wall Street Journal. Look for:* The Wall Street Journal Complete Money and Investing Guidebook * The Wall Street Journal Complete Identity Theft Guidebook* The Wall Street Journal Complete Real Estate Investing Guidebook About the Author Jeff D. Opdyke is a financial reporter who has covered investing and personal finance for The Wall Street Journal for the past twelve years. He is the author of Love and Money: A Life Guide to Financial Success. He lives in Baton Rouge, Louisiana, with his wife, Amy, and their two kids. Excerpt. © Reprinted by permission. All rights reserved. CHAPTER 1 Banking Banks don’t come in thirty-one flavors, but numerous varieties exist for what consumers call “banks”: nationally and state chartered, commercial, community, federal, merchant, thrifts, savings and loans, building and loans, bank and trusts, credit unions-the list goes on. Whatever they’re called, the basic business of banking is universal: Banks take in your deposits and, in return, pay you some rate of interest. They then turn around and take the very same money you deposited, combine it with deposits from other folks, and lend the money to your neighbor, charging that borrower a higher rate of interest than the bank charges you. The difference between those two interest rates-the so-called spread-is where banks generally make their money. Businesses deal with commercial banks; consumers deal with retail banks, though in practice many banks service both clients. In 2005 the nation’s largest bank was New York-based Citigroup Inc., which provides both commercial and retail banking services and which had total assets of nearly $1.5 trillion. Seattle-based Washington Mutual Inc. was the largest thrift, a consumer operation, with $308 billion in assets, three times larger than its nearest competitor. Retail banks exist to provide an assortment of products that represent some of the first and most basic personal finance tools for consumers. In the past, savers could stop by just about any local bank and sign up for services that weren’t terribly different from the bank down the street. Today, the savviest consumers shop around-both locally and online-since all banks offer different rates and fees for the various savings, lending and credit products they offer. Not every bank peddles the same line-up of products, while others, though they might feature some particular service, aren’t trying to make a big business in that arena and, thus, price the service so that it’s not
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