An Argentine opinion on the Global Financial Crisis, describing the whole Global Financial System as one vast Ponzi Scheme. Like a pyramid, it has four sides and is a predictable model. The four sides are: (1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode.
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Technorati Tags: Collapse, Conspiracy, financial, Global, Government, New, Order, World
I would like to get into financial dealings -specifically financial planning, tax planning, and college planning. Currently, I have no formal education in business or finance. I saw a job I could potentially put my eye on in a few years – but I would need a minimum of FINRA series 7 and 63 to be considered. I am in preliminary stages of research, can anyone "school" me? Thanks.
You would have to be sponsored by a firm to take the exams from my understanding. Since you would have to fill out the U4 or the U 10. You may or may not need a life insurance license depending on what products you offer. It is a very lucrative industry to get into, if you look at the baby boomer generation. I would say just start any where and get the experience to show for. Depending on the firm some look at whether or not you have a college education plus experience.
I have been in the insurance industry for almost a year and I just recently applied for my tax certification and am working on my Series 6/63. The sweetest part is I got my feet wet and I haven’t even gradauted college. By the time I do (couple of months) I may have a better resume then the others.
Good luck!
ps if you wnat more info email me.
How is non-financial information used to calculate financial information? What advantages does the inclusion of non-financial information have in communicating tactics to make the financial goals?
Every financial assumption is based on non-financial data. For example, how many employees are on the payroll? What is an average percentage raise you will give this year? Are you going to hire anybody new? If so, at what rate? When are you expecting to get that big insurance refund? When do you pay your property taxes? How much will they be? What will the management bonus be this year? When will it be paid? What interest rate is associated with your loan? Can you get a better rate from another financial institution? If you don’t know, how soon do you intend to shop that?
A budget is nothing more than quantifying your operational business plan for the year. Any fool that says "the accountants don’t need to know that" is going to end up with an inaccurate budget.
Financial Accounting ACG2021 SFCC Spring 2008 Chapter 1 Crosson
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Having difficulty understanding the 2008 US Financial Crisis? Here’s a short animated video that explains – visually!
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Technorati Tags: bailout, banking, banks, Bernanke, Common Craft, Congress, credit, economics, financial, Global, investments, market, mortgages, Paulson, stocks, Street, Wall
I’m interested in becoming a Certified Financial Planner, but I’m facing something of a “Catch 22.” In order to complete the requirements for the formal certification as a financial planner, a person has to have 3 years of financial work experience. I’m currently a full-time high school social studies teacher, and would like to make the transition to the new career as quickly as possible after I retire from teaching (in about 10 years). What can I do while I’m still a full-time teacher to get the financial work experience I need so that I can make the transition to a Certified Financial Planner without having to spend 3 years getting this experience after I retire from teaching? Thanks in advance for your time, ideas, and information.
That’s tough, since I’m sure you have a busy schedule. Contact Life/ Health insurance agents and financial planners in your area and see if any of them have summer positions open. Maybe some of them are open on Satudays? (Long shot.) Maybe you’ll find someone who will take you under their wing in a mentor/ mentoree relationship.
You could always get your life and health insurance license and start selling annuities (considered a financial product). From there you can get your Series 6/63 and/or 7 licenses so you can sell variable interest products. You can do all of this on your own, working for yourself.
Perhaps you can ask other financial planners how they got their start?
Best wishes.