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Lädt ... Financial Literacy: Finding Your Way in the Financial Markets (2013. Auflage)von Connel Fullenkamp (Autor), The Great Courses (Creator)
Werk-InformationenFinancial Literacy: Finding Your Way in the Financial Markets von Connel Fullenkamp
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Business.
Finance.
Nonfiction.
HTML: With record-breaking highs one minute and economy-rocking lows the next, it can seem as if there's no way to feel truly comfortable in the mysterious world of finance. But there is, and it's more accessible than you might think. Financial Literacy: Finding Your Way in the Financial Markets is an essential primer on this domain, from its functions, strengths, and possibilities to its weaknesses and vulnerabilities. In 24 eye-opening lectures, an award-winning Duke University professor reveals the interconnected workings of the financial markets and how society's financial strength -and your own - depend on money flowing through these channels. You'll not only gain a new appreciation for the variety of financial products and services available to you, but also for how crucial we as individuals are to the functioning of the entire system. You'll clearly see how these markets affect you - and vice versa - any time you're involved in a financial transaction, whether you're financing a car; Applying for a mortgage Receiving a preapproved credit card offer Participating in your company's 401K plan or Making a deposit at your local bank.This course provides the concepts and tools you need to draw connections between headlines made globally and what's happening to your bottom line locally. By the final lecture, you'll understand just how interdependent the world's markets have become; feel newly at ease in the realm of stocks, bonds, derivatives, and credit; and be better able to make informed decisions for your financial future. .Keine Bibliotheksbeschreibungen gefunden. |
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 Google Books — Lädt ...GenresMelvil Decimal System (DDC)332.024Social sciences Economics Finance Miscellany And Personal Finance Personal FinanceBewertungDurchschnitt: (3)
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Lecture I: Feeling at Home in the Financial Markets
You may feel that financial markets are just a boondoggle to help make the oligarchs even more oligarchical, but they actually do serve a purpose. Here are the purposes:
1. The transfer of money in time and space. This is the essence of a respectable loan, e.g., a mortgage. You get money to buy a house now, and you get the house, but then money you earn later has to go to paying off the mortgage.
2. Pooling of resources. Well, there's a lot of ways to do this actually, but this is certainly one of them. Bonds are loans, stocks are ownership, at least in theory.
3. Discovery of value or prices. This is the most debatable, really. The idea is that the prices of the securities are the value of the securities, and that these prices stand in for the value of the things the securities are tied to.
Of course, if there are no things, think Bernie Madoff, then the securities have no value, but as in the above example, people will still buy them like crazy. And of course, we've seen stock market crashes, yeah.