10 Sep 2009 @ 8:04 PM 

Multi Task Your Money by Under­stand­ing Core Bank­ing Principals

and Tier One Assets

It seems to me that what we are con­stantly being taught to do with our money is exactly what is best for the finan­cial insti­tu­tions. They have their prof­its in the fore­front of their advice to their cus­tomers. You and only you have your own best inter­est at heart and so it is imper­a­tive for you to make the effort to under­stand bank­ing prin­ci­pals and con­cepts so you can do what the banks do, not what they tell you to do. We seem to be con­stantly advised to put our money here and put our money there which is divid­ing up our money and hav­ing it per­form one action/advantage at a time. We are taught to UNI-TASK our money and are sold mul­ti­ple prod­ucts to ser­vice this the­ory instead of solutions.

Look at the fol­low­ing finan­cial vehi­cles with two ques­tions in your mind — Who has the most use and con­trol of my money and how liq­uid is my money to me in this vehicle?

 

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