Banks Stopped Investing and Started Speculating

bank vault door %7ERCN1025 Banks Stopped Investing and Started SpeculatingOver Christmas I have had a bit of a chance to catch up on some reading, one of the books I read through was Garrett Gunderson’s Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity. In Gunderson’s book he suggests individuals look at investing in the same way that banks do as they have been so extremely efficient. As Gunderson puts it banks mitigate investment risk in personal loans by doing the following:
bullet Banks Stopped Investing and Started Speculating Read More...

  • Check your credit.
  • Secure their investments with collateral
  • Require a down payment
  • Determine the interest rate
  • Determine the payment

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