10 Feb 2011 @ 11:07 PM
Below is an Example of Velocity at work for a bank.
What do you care about a banks velocity? This portrays what they do with your money and why the financial system is set up to prevent you from doing this for yourself.
04 Oct 2010 @ 12:59 AM
03 Sep 2009 @ 7:01 PM
Interest — Rate vs Cost using 6% Mortgage and 10% HELOC.
1. WHEN CAN YOU BORROW MONEY BUT NOT BE IN MORE DEBT? I am a strong advocate of getting out of debt as soon as possible and staying out as long as possible. The diagram below shows how by borrowing $5,000 from a home equity, personal or business line of credit to use as a principal-only payment to help pay off the balance owing on a mortgage, you aren’t really getting deeper into debt. You are really just repositioning the debt differently. Don’t you still owe the same $200,000 amount but in a different configuration? Why do this? Keep reading.…..
20 Aug 2009 @ 3:15 AM
RATE of RETURN MYTH on MUTUAL FUNDS
Here is some information about rates of return that may interest you, especially if you own mutual funds. After reviewing the illustration below, see what is reported to clients without dollar figures and how the Rate of Return of 25% is allowed to be reported to clients even though they really made a loss.
Tags: arithmetic mean, geometric mean, mutual fund managers, Mutual Funds, RATE of RETURN
Categories: Mutual Fund Myths, RATE of RETURN
Categories: Mutual Fund Myths, RATE of RETURN
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