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 Demand Deposits .Vs. Time Deposits   If you are active in the field of banking and finance, then you need to be aware of difference between demand deposits and time deposits. Here's what you need to know. Bank deposits have always been amongst the preferred ways of investment for investors across the world. On the bank deposits, you can get fixed interest which can help you satisfy your liquidity needs. Also, the risk associated with such bank deposits is much less as compared to that prevalent in stock markets and mutual funds. Time deposits with banks are suggested by many investment advisers and so are demand deposits. This comparison of time deposits vs. demand deposits will guide you in the right manner. Time Deposits Time deposits are also known as term deposits or fixed deposits in some countries, are deposits in banks or financial institutions for pre-decided or fixed period of time. The depositor is promised a fixed rate of interest for the said period by the fina

Time Deposits Types Time deposits are preferred types of investments for several investors. The interests for all 3 forms of time deposits are quite impressive as compared to several other kinds of deposits. In this article, we shall know more about the advantages of time deposits. Depositing money in banks is considered to be one of the safest ways of investment in today's uncertain times. Investors in stock markets and real estate have learned this the hard way during the phase of economic recession. The losses in such risky asset classes can be heavy, and can really affect the confidence of an investor. On the other hand, time deposits and demand deposits have yielded steady and consistent returns. In case of demand deposits, a depositor is free to withdraw his money whenever he wants without giving any notice to the bank/financial institution with whom the deposit was made. Thus, these are flexible forms of investment. Time Deposits These, as against demand deposits, a

Joint Checking Accounts Pros and Cons Marriages are made in heaven but when it comes to money matters, it becomes a touchy subject. Because of this issue, lot of fights ensue resulting in divorces too. Of course every couple wants to make their marriage work and wants to avoid these petty matters. Therefore, joint checking accounts are operated. Let's find out about the plus and the minus side to this favorable alternative. Defining joint checking account, it usually involves two people operating the account for saving or for specific projects. It is also called a safe haven for people who are less risk prone. With such an account, people find it easy to manage their money by getting to know about each other's expenditure. While managing this type of account couples or friends can set up a clear cut budget, target on how much money should be saved every month and can also opt for certificate of deposit in order to gain interest on the savings. Many banks have a variety of

Notable Bank Failures The Bankruptcy of Lehmann Brothers The biggest case of leveraging gone wrong in US history is credited to the Lehmann Brothers. a subprime mortgage crisis, forcing the Lehmann Brothers to file for bankruptcy. As a result, Dow Jones dropped (-4.4%) on September 15th, 2008 and again (-7%) on September 29th, 2008. Northern Rock Following a liquidity crisis in 2007, the Northern Trust's stock fell by 32%. Although this was not a classic bank run, the effects were similar and it all ended up with the bank being declared as a national bank. A bank run can be the most lethal thing to happen to any financial organization, be it private or Government. What remains to be understood is the reactions between the common investors and the trust that a bank can shell out. In the words of J.P. Morgan during the Pujo Committee: "A man's character comes before money or anything else. Money cannot buy it. A man I do not trust could not get money from me on a

History Most Famous Bank Runs Retrospect can make things look a lot simpler; fear breeds panic, panic breeds chaos and if things are not controlled, ends up as eventual downfall. The principle is self-destruction cannot be better explained without the help of a bank run. So you finally get a job, work hard, get your first salary, work harder, climb the ladder up and start saving up a decent chunk of cash in 'this very trusted bank used by everybody'. One day, you hear that this bank is about to shut down because of financial reasons. You panic, rush to the bank and take out all the money you have, every last cent. Now, imagine all the customers of that bank rushing in to safeguard their money. This is called a bank run. Now, the thing about a bank run is that whichever bank it is, if they even try to joke about losing money, theirs will not be ones of a good sense of humor. People will take any means necessary to protect their well-earned money, and when they find out it&

Essential Things For Opening A Bank Account A bank account should be opened after some careful thought process. Here is what you need to check before opening a bank account. Saving your hard-earned money in a bank account is one of the best exercises. However, such decisions are not to be randomly taken. There are several competing banks in the market that may try to entice you with schemes and offers for opening a new account with them. You need to be a smart prospective customer and scrutinize certain things before completing the account opening formalities and signing on the dotted line. Considerations While Opening a Bank Account Go through the below points in order to find the perfect bank for saving your money. Bank's Trustworthiness One of the foremost points to look out for is the bank's trustworthiness. Since you plan to deposit your hard-earned savings with the bank, it is essential to know that your money is safe and secure with the institution you plan

 To Share or Not Joint Bank Accounts If you're entering a committed relationship, you might be wondering if joint bank accounts are right for you. One of the first things any committed partners need to discuss is how to handle the joint finances. When you move in with someone or marry someone, it is impossible to think that you will be keeping your finances totally separate, especially when so much of your financial lives will be tied up together. Of course, you'll be paying bills together and planning vacations together, etc. Also, if a mortgage is in both of your names or if unexpected needs like medical bills or a new appliance comes up, it's safe to assume you'll probably be sharing those expenses. However, with more women continuing to work outside the home after marriage and earning their own benefits and assets, sometimes it is difficult to think of sharing that with another person, especially with divorce rates on the rise as well. Having a joint bank accou

China is one in every of the quickest growing economies within the world and attracts immense foreign investment and international trade. Doing business with success in China needs you to figure closely together with your Chinese counterparts and data concerning their business prescript will facilitate in guaranteeing that you just maximize the potential of your business venture. China is touted to become one in every of the most important economic superpowers within the close to future. Improvement in peacekeeping and a number of other government reforms have created China a good place to try to to business. Chinese have a fashionable culture and ar extraordinarily happy with their historical background. These factors have a large influence on the means Chinese conduct their business. you will be stunned to grasp that the Chinese read business as warfare and infrequently discuss with their ancient texts once unable to search out solutions to a business downside. So, if you're

Taking business acquaintances out for a meal will be disagreeable, as a result of you're ne'er positive prior to that your guest can just like the place you decide on. a nasty feeding expertise may replicate poorly on you, albeit it had been the restaurant’s fault. Follow the information during this article, and you’ll be nearly absolute to avoid this negative outcome. Why the eating house choice Matters If you've got to require a business acquaintance out for lunch or dinner, it can be vital to settle on AN applicable eating house. albeit the aim of the outing isn't strictly business, showing your guest an honest time may pay dividends within the future. If folks relish themselves in your company, they'll keep in mind you lovingly within the future. If folks keep in mind you lovingly, they'll be additional seemingly to think about you after they have one thing smart to supply. in addition, if you wish a favor at some purpose down the road, somebody Worl

In any setting, following a correct business prescript is imperative because it will create or break a viable account. Conducting business with the French may be a completely different ball game altogether, and you ought to find out about their business prescript before you head of to conduct business with them. Conducting business deals with the French needs you to follow some important protocol. Business communication and relationships aren't as casual in nature as they'll be within the u.  s.. Specific ways of communication along side behavior ar expected from any traveler. it's vital that you just learn slightly regarding French business prescript before you go there to try and do your business with them, despite however huge or tiny it's going to be. Here may be a tiny guide that's seemingly to assist you in your effort to be told additional regarding the method the French conduct their business, and the way you'll match into this culture. French Bu

Following the proper business prescript is crucial in today's skilled world. Not solely will it place you in smart light-weight, however helps your business in addition. during this following article we'll offer you some vital business prescript tips by that you'll learn to infuse a similar. Business has ceased to be an easy affair. it's not simply restricted to the creating and breaking of a trade or a deal any longer find it irresistible accustomed be within the earlier times. it's gone method on the far side that. along side the fundamentals of trade, it currently includes the total 9 yards - however you speak, walk, gift yourself, what you wear, what to talk, the way to speak, even to the purpose of however you eat. of these factors can have a bearing on your business. in truth they may fine be the deciding factors of whether or not you get a deal or behave. the fundamentals of business prescript have come back to play and remain. And if living during this c

China is one among the quickest growing economies within the world and attracts vast foreign investment and world trade. Doing business with success in China needs you to figure closely together with your Chinese counterparts and data regarding their business prescript will facilitate in making certain that you just maximize the potential of your business venture. China is touted to become one among the most important economic superpowers within the close to future. Improvement in diplomacy and several other government reforms have created China a good place to try and do business. Chinese have a chic culture and ar very pleased with their historical background. These factors have a large influence on the method Chinese conduct their business. you'll be stunned to understand that the Chinese read business as warfare and sometimes ask their ancient texts once unable to search out solutions to a business drawback. So, if you're somebody World Health Organization desires to w

Taking business acquaintances out for a meal can be stressful, because you are never sure in advance that your guest will like the place you choose. A bad dining experience could reflect poorly on you, even if it was the restaurant’s fault. Follow the tips in this article, and you’ll be almost certain to avoid this negative outcome. Why the Restaurant Selection Matters If you have to take a business acquaintance out for lunch or dinner, it could be important to choose an appropriate restaurant. Even if the purpose of the outing is not strictly business, showing your guest a good time could pay dividends in the future. If people enjoy themselves in your company, they will remember you fondly in the future. If people remember you fondly, they will be more likely to think of you when they have something good to offer. Additionally, if you need a favor at some point down the line, someone who has a pleasant memory of you will probably be happy to help you out. Be Aware of Dietary

In any setting, following a proper business etiquette is imperative as it can make or break a viable business relationship. Conducting business with the French is a different ball game altogether, and you should learn about their business etiquette before you head of to conduct business with them. Conducting business deals with the French requires you to follow some very important protocol. Business communication and relationships are not as casual in nature as they may be in the United States. Specific methods of communication along with behavior are expected from any visitor. It is important that you learn a little about French business etiquette before you go there to do your business with them, no matter how big or small it may be. Here is a small guide that is likely to help you in your effort to learn more about the way the French conduct their business, and how you can fit into this culture. French Business Culture All business relationships in the French culture are h

Many times, business deals fall through because of an action that might have been unintentional, but which was perceived as a breach of the expected or proper behavior. Which is what we look to prevent by understanding the basics of these rules. In this following section we will concentrate on the important rules of proper business etiquette that need to be followed and will give you the basics of how to make these work in different scenarios. The Co-workers and your Boss With so many people working around you, you have to understand one thing - these are the elements you need to care for. Never underestimate, bad mouth or insult anyone. Be respectful and courteous and ready to apologize for any mistake that you make. Be diplomatic where required and try not to let personal biases influence your decisions. Be respectful of your boss and make sure that you always inform him/her of any changes in your project. Never surprise your boss. Be Social and Polite This one goes without

Following the correct business etiquette is essential in today's professional world. Not only does it put you in good light, but helps your business as well. In this following article we will give you some important business etiquette tips by which you can learn to inculcate the same. Business has ceased to be a simple affair. It is not merely limited to the making and breaking of a trade or a deal anymore like it used to be in the earlier times. It has gone way beyond that. Along with the basics of trade, it now includes the whole nine yards - How you talk, walk, present yourself, what you wear, what to speak, how to speak, even to the point of how you eat. All these factors will have an impact on your business. In fact they could very well be the deciding factors of whether you get a deal or lose it. The basics of business etiquette have come to play and stay on. And if surviving in this competitive world is important to you, you need to know the basics of this practice and

China is one of the fastest growing economies in the world and attracts huge foreign investment and global trade. Doing business successfully in China requires you to work closely with your Chinese counterparts and knowledge about their business etiquette can help in ensuring that you maximize the potential of your business venture. China is touted to become one of the biggest economic superpowers in the near future. Improvement in international relations and several government reforms have made China a great place to do business. Chinese have a rich culture and are extremely proud of their historical background. These factors have a huge influence on the way Chinese conduct their business. You may be surprised to know that the Chinese view business as warfare and often refer to their ancient texts when unable to find solutions to a business problem. So, if you are someone who wants to successfully conduct business in China, a bit of knowledge about Chinese business etiquette can p