The Science of Getting Rich
"Wallace Wattles explains, in simple, straightforward language, how ANYONE, regardless of their background or circumstances, can attract wealth into their lives." - Rhonda Byrne, author of The Secret The Science of Getting Rich is considered one of the most influential and acclaimed self-help books in the last 100 years, helping readers achieve financial success through the power of positive thinking. This turn of the century classic championed a philosophy now referred to as the 'law of attraction', inspiring such works as Napoleon Hill's Think and Grow Rich and Rhonda Byrne's The Secret. Wallace D. Wattles presents a step-by-step guide to both financial and spiritual empowerment which he believed could be attained by transforming attitudes and harnessing opportunities. Written to inspire anyone looking for financial and spiritual betterment, this book tells you how easy it is to acquire wisdom and wealth...if only you know how. This handsome jacketed hardback edition contains the original and unabridged text, with a new introduction by respected personal development writer Tania Ahsan. See for yourself why this perennial bestseller remains so popular ninety years after it was first published. ABOUT THE SERIES: Arcturus Classics for Financial Freedom brings together handsome jacketed hardback editions of some of the most renowned personal finance books of all time, featuring classic and unabridged text.
Fundamentals of Financial Stability
Do you want to learn how to control your money better? Look no further; this book is for you. Money management is currently one of the most taboo topics. Still, if one desires financial freedom, it needs to be addressed. The writer has compiled his knowledge and experience into this book with the hopes of helping the reader avoid financial pitfalls. Having this book in your hand at present is not a coincidence. Now is the time to take control and learn how to improve your financial situation with these simple and easy steps. Are you ready to break free? This book will help you: Learn how to Budget.Manage your expenses.Help you get rid of debt.Think of new ways to earn income.........And much more!
An assessment on the efficacy of delivery channels in group savings and loan scheme in Malawi
Bachelor Thesis from the year 2021 in the subject Economics - Finance, course: BSc in Community Development, language: English, abstract: Group savings and loan scheme is a time-bound accumulating savings and credit activity. It is an informal microfinance where there are no financial intermediaries. Self-selected persons in a group of at least 15 to 30 people form a group to mobilize their own savings regularly in a pool and borrow from the pool fund and repay back the borrowed funds hereby referred to as loans with interest, after a period usually between one and three months. On a date chosen by the members, usually after about a year, all the financial assets are divided among the members in proportion to each one's savings. This pay-out is called the "action audit". The groups normally reform immediately and start a new cycle of savings and lending. Non-governmental organisations normally build the capacity of these groups to operate efficiently by training them on financial education especially on savings and loan management. More recently, the significance of Savings and loan services reaching financially excluded populations with low cost, easily accessible financial services has attracted interest of many stakeholders globally. There has been a move by nongovernmental organisations to improve the outreach to reach the very poor in remote areas of Malawi and Africa as a whole. Use of different delivery channels have been employed to achieve this objective. One of the key failures of the conventional microfinance has been its limited outreach to remote areas and poorer people in them, especially in rural areas of Malawi. The study aimed at assessing the efficacy of the delivery channels in group savings and loan scheme outreach in Nkhata bay district in specific areas of Traditional Authority Mbwana. Four aspects of savings and loan outreach were assessed: people reached with the group savings and loan, members' satisfaction with the savings and loan
Development, Social Change and Environmental Sustainability
Nowadays, the concept of SDGs (Sustainable Development Goals) is starting to replace the concept of MDGs (Millennium Developmental Goals). It is a global goal adopted by all United Nations member states. It emphasizes the idea that the development of every country can only be achieved by balancing other factors such as social, economic, and environmental sustainability. It is already clear how sustainable development works with environmental ethics and management. However, there are still issues regarding the sustainable development and human well-being. Sustainable development should focus on finding a way for society to meet their present needs for the long term without sacrificing the ability of future generations to meet their needs. This international seminar provides research results and literature regarding the topic of sustainable development concept, the dynamics of sustainable development and social change, and environmental sustainability. The international seminar, entitled 1st International Conference on Contemporary Sociology and Educational Transformation, listed speakers from several countries providing an overview on human and environmental resilience. This book contains a selection of papers presented at the conference.
The European Corporation
The product of a long-standing collaboration and recent collective research effort by members of the CGEUI network, The European Corporation makes an important contribution to the ongoing debate over convergence to the Anglo-Saxon model of corporate governance and persistence in corporate governance and law in Europe. This book fills the gap in the debate, and literature's lack of country-specific evidence on the evolution of ownership and control which has proven to be a serious impediment to both legal and economic analysis and evidence-based policymaking. It provides systematic and comparable accounts of ownership and control structure change (respectively persistence) in large firms across Europe over the decades following the 'global corporate governance revolution' in the 1990s. Focusing on countries in Europe's four main regions, this volume presents and discusses the net effects of the interplay between the 'global corporate governance revolution' and of its main countervailing forces in Europe.
The development, determinants and valuation of cash holdings of Japanese companies
Seminar paper from the year 2022 in the subject Business economics - Investment and Finance, grade: 1,3, University of Hamburg, language: English, abstract: Why would companies hold cash in their bank accounts, when cash itself does not produce any further value like an investment in a machine does? The academic literature finds different concepts for the reasons of corporate cash holdings. While Keynes (1936) proposes a transaction- and precautionary-motive to hold cash, Jensen (1986) states that managers have a vested interest to accumulate cash, because it exempts them from capital market disciplining. However, country-specific factors and reforms in Japan might also induce the companies to save up liquid assets. The aim of this paper is to study the development, determinants and valuation of Japanese corporate cash holdings in the period from 1988 to 2021, based on the approach of Bates et al. (2009). Furthermore, I want to study how the roles of theoretical cash holding motives and corporate governance (reforms) in Japan are reflected in the three objects of research from above. Since the variables only proxy the theoretical motives, the object of this paper is not to create clear boundaries but to give an insight in the possible forms of their appearing. Therefore the next chapter gives a comprehensive overview about the academic literature regarding the theoretical background for corporate cash holdings and the current state of research of the interaction between corporate governance and cash holdings in Japan. The motives and findings from this section are revisited when explaining the results of the empirical part in this paper. The empirical part is divided in three main parts. The first part discusses the development of corporate cash holdings in general and for different kinds of companies. In the subsequent part, I put a focus on the factors that determine the cash holdings and how they serve as proxies for the theoretical motives, as discussed befo
You, Me and A.I
-Are you ready for a mind-blowing journey that will forever change the way you perceive the world? "You, Me and A.I: A Journey into the Future" is an extraordinary, unmissable exploration of how artificial intelligence is poised to revolutionize every aspect of our lives. This groundbreaking work will captivate, inform, and inspire readers from all walks of life, making it the only AI book you'll ever need.With a unique blend of expert insights, cutting-edge research, and powerful storytelling, the author - one of the world's top 30 motivational speakers and a leading AI authority - brings to life the transformative potential of AI, making even the most complex concepts accessible and engaging. This is not just another book on AI; it is a riveting and immersive experience that will leave you awestruck and eager for more.Each chapter delves into a different facet of AI's impact on society, from healthcare and education to creativity and the environment. There's something for everyone in this compelling and wide-ranging work, making it the perfect choice for anyone seeking to understand the future of AI and its implications on a personal level."You, Me and A.I: A Journey into the Future" is more than just a book - it's a wake-up call, an invitation to join the AI revolution, and a roadmap to navigate the uncharted territory that lies ahead. You simply cannot afford to miss this book if you want to be prepared for the extraordinary transformations AI is set to bring about.As you stand in the bookstore, ask yourself: are you ready to embrace the future and unlock the full potential of AI in your life? If the answer is yes, then "AI and Us: A Journey into the Future" is the essential read you've been waiting for. Don't hesitate - pick up your copy now, and embark on the life-changing adventure that lies within its pages.
The Book on Money Management for Kids
The time to start training your child is now! Before you know it, they will be leaving home to face a challenging world!The Book on Money Management for Kids: A Beginners Investing, Saving, and Finance book for ChildrenBy Thomas TurnerThis book is all about money and is written for children as well as their parents. It is designed to encourage young people to keep track of their money and develop good personal finance habits that will last a lifetime! Discover....* Money Management for Kids complete overview* Saving vs Spending... How to save money as a kid* How to open your first bank account* Getting your first credit card* How to get started investing your money: Stocks * Stock Funds * CDs * Real Estate * Compound Interest-earning* How can I pay for college with tax savings* Expert Tips for Parents & Financial TerminologyHelp protect children for a lifetime by helping them discover how to manage the most important asset they will handle. Their money."An investment in knowledge pays the best interest." Benjamin Franklin
The Simple Step By Step System Anyone Can Use to Create Generational Wealth
Imagine if someone you trusted gave you a simple system to create generational wealth when you were in your late teens. And imagine if the system worked and you followed the simple steps. Would you be in a better place now? Would you be able to help the people you love more and support the projects and causes that are dear to you more? The Simple Step By Step System Anyone Can Use to Create Generational Wealth provides the system and framework you can use to create generational wealth. And it includes a step by step guide you can use to teach your kids and everyone else you love how to create and maintain generational wealth. It doesn't matter where you start. What matters is where you're going on your journey. This book can help anyone start their journey to creating generational wealth. Learn a proven system that others have used to create generational wealth. Includes a free 7 day companion course so you can start on the right foot. - The Step By Step Generational Wealth System - Page 25- How to Make Creating Generational Wealth Inevitable - Page 21- How I Developed the Generational Wealth System - Page 33- Make the World a Better Place - Page 57- How to Overcome Generational Wealth Challenges - Page 71- Teach Your Kids How to Create Generational Wealth - Page 87- What Generational Wealth Is Not - Page 91- How to Get a 7 Day Generational Wealth Course for Free - Page 97- Why I Want You to Create Generational Wealth - Page 11- The Big Promise - Page 17- Use Money to Make Money - Page 41- Invest in the Future - Page 51
Growth and Developmental Aspects of Credit Allocation
Growth and Developmental Aspects of Credit Allocation: An Inquiry for Leading Countries and the Indian States focuses on bank credit and deposit within a variety of economies and specifically examines Indian states to demonstrate how these two financial components are linked to their income growths and levels of development. Examining the world economy on both macro and micro levels, Ramesh Chandra Das highlights the increase in current world output as well as its implications for financial indicators and human development across selected countries. Focusing on credit-deposit ratios, trends of credit, NPA, GDP, security investments, and the interconnections of credit with GDP and HDI, Das further locates the link between the financial and real sectors of the economy that amplifies their overall progress. Undertaking a micro level study of these indicators across different states in India, chapters also provide insight into credit concentration, including security investment by banks and the inequality in credit allocation, within an Indian context. Incorporating and applying modern economic theory, Growth and Developmental Aspects of Credit Allocation: An Inquiry for Leading Countries and the Indian States presents a ground-breaking perspective for those interested in banking, finance, macro- and microeconomics, as well as human development on a global scale.
Firedom
Are you an underdog, outsider, expat, nomad, minority, or immigrant looking to achieve financial independence?In Firedom, Olumide Ogunsanwo and Achani Samon Biaou share their life stories as African immigrants moving to America and Europe to gain financial independence in their 20s and 30s. Firedom goes beyond investing and managing money, and offers insights into childhood psychology, environmental influences and nurturing principles such as self-belief, curiosity, and goal-setting. Olumide and Samon share their personal experiences and strategies to help you take control of your financial future and live a more intentional life. Whether you're just starting out on your journey to financial independence or looking for new ways to build wealth and personal freedom, Firedom is a must-read for anyone who wants to achieve independence and success on their own terms.
Tokenization of Private Equity Funds in Germany. Direct and Indirect Participation and Feasibility
Master's Thesis from the year 2023 in the subject Business economics - Investment and Finance, grade: 1,0, International School Of Management, Campus Frankfurt, language: English, abstract: The aim of the master thesis is to examine whether private equity is suitable for tokenization. After analyzing different characteristics of private equity, such as the illiquidity or mechanisms like capital calls, the master thesis concluded that the asset class is suitable. Private equity shares in the form of security tokens can help to reduce illiquidity and cashflows like the capital calls can be automated by the use of smart contracts. For the tokenization, the master thesis recommends to use existing standards, such as the Ethereum blockchain or the ERC-1400 token. Furthermore, different structures for issuing private equity tokens were elaborated. These include a structure for an indirect participation via a special purpose vehicle which issues tokens and simultaneously invests into a fund, but also a direct participation where the fund itself can issue tokens. During the description of possible structures, all relevant laws were included. These include the German Electronic Securities Act (eWpG), German Banking Act (KWG), Security Prospectus Act (WpPG), Capital Investment Act (VermAnlG), Securities Trading Act (WpHG) and the German Investment Code (KAGB). All structures were evaluated from the perspective of private equity funds, institutional investors, private investors or other relevant intermediaries. Also, benefits and challenges for the different structures and participants were discussed. The benefits include an increase in efficiency of several processes, potential cost savings, the possibility for funds to reach more investors or the possibility for investors to diversify their portfolio more. Still, these benefits could only be made use of, if major challenges are mastered by the market participants. These include an insufficient legal framework, different
Real Estate Price Bubbles as Irrational Exuberance. A Critical Analysis of the German Real Estate Market
Bachelor Thesis from the year 2022 in the subject Economy - Real estate industry, grade: 1,3, Hamburg University of Applied Sciences, language: English, abstract: The development of real estate prices is of extraordinary importance for the financial and economic system, as undesirable developments could endanger financial stability, as seen in the subprime crisis, which eventually evolved into a global financial crisis. The same month the dot-com bubble burst, the Nobel Prize winner and current book author Robert J. Shiller published the non-fictional, bestselling first edition of his book, named "Irrational Exuberance", in which he explains his research on the occurrences and the causes of historical financial crises, while supplementing the conclusions with aspects of behavioural finance and social studies. As Shiller's assertions are mainly based on the US market, research has been conducted to clarify whether his housing index and the concept of irrational exuberance can be applied to the German real estate market. By the detailed consideration of selected aspects of the book in connection with the conception of academic literature, this thesis finds that his ideas can principally be transferred to assess whether the German real estate market currently exhibits bubbly tendencies. This assessment is conducted, however, there are limitations in the sole consideration as an indicator as well as in the critical evaluation of the German real estate market.
Fundamentals of International Finance
This textbook aims to provide a complehensive and understadable analytical framework of international finance in terms of theory and practice. The book covers three main areas - The International Financial Environment, Determinants of Exchange Rate and Exchange Rate Policy, and Foreign Exchange Derivatives.
Financial Systems
This book delves into the world of financial systems, exploring a wide range of topics from money laundering and cryptocurrency to home lending and the symbolism of currency. In the first chapter, "Money Laundering," the book examines the process of disguising the proceeds of crime and integrating them into the legitimate financial system. It provides an in-depth look at the techniques used to conceal the origin, ownership, and destination of money and the challenges faced by regulators in detecting and preventing it. The second chapter, "Crypto Currency: Ethereum," examines one of the most popular decentralized digital currencies and blockchain platforms, Ethereum. It explores how Ethereum enables the creation of smart contracts and decentralized applications and how it compares to other cryptocurrencies such as Bitcoin. The third chapter, "Dynamics of Home Lending in Relation to the Broader Financial System," takes a closer look at the home lending process and how it affects the availability of credit for households and the stability of the housing market. The chapter also examines the factors that influence home lending and its impact on the broader financial system. In "Symbolism on Currency," the fourth chapter, the book delves into the cultural, historical, and political meaning of the designs, images, and inscriptions on paper money and coins. The book then takes a look at the innate risks of the North American financial systems and economy in "Chapter 5: Innate Risks of North American financial systems and economy" and the development of financial institutions through history in "Chapter 6: The History of Financial Institutions." "Chapter 7: Fintech and the Democratization of Financial Systems" discusses the impact of rapidly growing industry of Fintech on financial services and how it aims to improve and democratize it. Crowdfunding, which allows individuals and organizations to raise money from a large number of people, is discussed in "Chapter 8: Crowdfunding" In "Chapter 9: Public-Private Partnerships: The Intersection of financial systems and healthcare" the book examines how collaboration between public sector and private sector can achieve a shared goal, such as the delivery of public services or the financing of infrastructure projects, specifically in the field of healthcare. Finally, "Chapter 10: Post-pandemic inflation and its impact on the North American financial systems and economy" examines the expected rise in prices of goods and se
The European Capital Markets Union. A Systematic Literature Review
Seminar paper from the year 2020 in the subject Business economics - Investment and Finance, grade: 1.3, Hamburg University of Applied Sciences, language: English, abstract: This systematic literature review (SLR) aims to explore the perception of the establishment of the European Capital Markets Union (CMU) in literature. After the Global Financial Crisis (GFC) and the Euro debt crisis lead to a recession, the task of the CMU is to stimulate the European economy, strengthen European financial integration while presenting the EU as a competitive counterpart to other global financial markets. Being part of the financial markets, Capital Markets (CMs) play an important role for financial market-oriented economies. Therefore, this paper will discuss what benefits the CMU can offer in particular for small and medium sized companies (SMEs) in terms of diversifying their funding sources in other words an increase of market-based financing.
Economics of Economy Pricing
The economy of the industrialized countries in the 21st century has already moved to a new level of mass production and technology never seen before, thanks in part to globalization, advanced technologies, new organization management methods, and innovative supply chain. A relatively large number of mass-produced commodities (characterized as non-premium) and services in Western economies are somehow sold at discounts rather than regular prices at a much higher frequency that was never seen before. This phenomenon has completely changed how we look at the theory of the firm in microeconomics. This book is indented to introduce new ideas and theories by challenging the current modern micro-and-macro economic theories. In a globalized world, the economies of advanced countries have entered a new phase called "economy pricing," where most of the mass commodities are sold at a low price during certain periods of the year, called 'sales events'. In addition to low prices, most industrialized countries have had record low inflation, low-interest rates, low growth, and low unemployment rates. This book will contend how the "Economy Pricing System" is about to revolutionize how people look at a real economy's micro and macro effects.
Financial Interdependence, Digitalization and Technological Rivalries
This Palgrave Pivot investigates how the Chinese and United States financial systems are becoming increasingly interdependent, in spite of a simultaneous technological rivalry and 'decoupling' between the two nations. The book offers a comparative analysis of Sino-US financial systems before and after the global financial crisis of 2008-2009, demonstrating the deepening integration of China into global financial markets and its move from an indirect bank-based system towards a direct market-oriented system. It discusses the economic and technological competition that has arisen between the US and China, the two largest financial centers based on financial technology, and demonstrates the differences in national interest driving processes of digitalization and FinTech applications. At the same time, the book points to ways in which a market-oriented global financial system and the rapid international growth of financial technology make future cooperation inevitable and necessary. This book places Sino-US financial relations in a broader financial-economic perspective and will be of interest to academics, consultants and students working in banking and finance, international financial markets, comparative economics, monetary theory and Chinese business studies.
Why Should White Guys Have All the Wealth?
Why haven't other books made you a millionaire? Why Should White Guys Have All the Wealth? digs into why you find it hard to do what you need to do with your money to become a millionaire and shows you how to push past it.Yes, there's tons of information on personal finance, but Nash's M$M wealth-building system integrates the steps you need to develop the right mindset, adopt the right values, and make the right money moves. Designed to make you a millionaire, it will mobilize your financial state even if you're starting from the bottom.Learn how to take what you have and earn more so you can invest in securities, real estate, entrepreneurship, and alternative investments that will build real wealth and lifelong income for yourself and future generations.Through stories, humor, and real-world grit, you'll feel like you're spending a casual afternoon with your favorite uncle or mentor who happens to be a multi-millionaire and wants to help you become one too.It doesn't matter where you're starting from today!Start here. Start now. Build wealth. Close the racial gap.
Financialization of the Economy, Business, and Household Inequality in the United States
This volume on the political and social economy of financialization in the US focuses on the unexpected consequences of the rise of finance for the American macroeconomy, the financialization of household inequality, and the hollowing out of nonfinancial business enterprises.
Political Economy of Financialization in the United States
Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960-2018.
The Digitalization of Financial Markets
The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets.
Financialization, Financial Literacy, and Social Education
Prompts a re-examination of financial literacy, its social foundations, and its relationship to citizenship education. Includes topics concerning indigenous people's perspectives, critical race theory and transdisciplinary perspectives, which invite a dialogue about the ideologies that drive traditional and critical perspectives.
The Digital Disruption of Financial Services
This book contributes to the present state of knowledge, offering the reader broad evidence on how new digital technologies impact financial systems. It focuses on both macro- and micro-perspectives of ICT influence on financial markets.
Illicit Financial Flows from South Africa
This book examines the detrimental impact of illicit financial flows on South Africa's development, political economy and transformation in the twenty-first century. It will be of interest to researchers across African Studies, Global Development, Political Science, Law and Corruption Studies.
Contemporary Issues in Islamic Social Finance
This book examines the recent developments in Islamic banking and finance, particularly in the context of Islamic social finance instruments, such as Islamic microfinance, Halal education, Takaful, mutual funds and Waqf.
SoaringME The Ultimate Guide to Successful Banking Job Interviewing
Introducing SoaringME The Ultimate Guide to Successful Banking Job Interviewing - your go-to resource for learning the skills and techniques that lead to a more successful job interview. Compiled by successful headhunter, M.L. Miller, this guide is based on his extensive experience working with hundreds of client companies, from Fortune 100 large companies to startups. Miller has conducted over 20,000 job interviews, received feedback from thousands of hiring managers, trained interviewers, and designed interviewing processes. This guide contains all of the advice found in SoaringME The Ultimate Guide to Successful Job Interviewing, alongside supplementary insights specifically for those pursuing jobs in banking. If you want to increase your chances of success in a banking job interview, this guide is a must-read. Here's what you can expect to find in it: - Better understanding of what the interviewers are looking for.- Tips and insights on how to best prepare for behavioral-based interview questions.- Common difficult interview questions with examples of good answers.- Advice on technical interviews beyond solving the problems.- Techniques to stand out successfully from other candidates.- Pitfalls to avoid that cause many job candidates to fail in their interview process.- Best questions that candidates can ask during interviews. Preparing for your interviews with this guide will allow you to gain confidence as you gain knowledge. Delivering the information that the interviewer is looking for with confidence is how the most successful candidates get more job offers. Whether you're just starting your career in banking or you're a seasoned professional, this guide will help you develop or maintain strong interview techniques. Don't leave your future to chance. Order SoaringME The Ultimate Guide to Successful Banking Job Interviewing now and take the first step towards a more successful career.
The Squirrel Method
Do you want to get rich?People learn through stories and analogies. If they can imagine the scenario, they can understand the concept.The Squirrel Method takes the reader through the concepts of money through the eyes of a squirrel. Money can be natural and plentiful if we know the fundamental ideas of money.Do you know how to make money?Do you know how to multiply it?Do you know how to use it to live the life of your dreams?The Squirrel Method can help you realize the power of money and what it can do for you.Learn it and go get your nuts!Grab your copy now!
Understanding CBDC Money and Blockchain
Understanding CBDCs, Money and Blockchain is a book for anyone who wants to understand the technological advances that are shaping the future of finance. In accessible and clear language, the author explains the basic concepts of Central Bank Digital Currencies (CBDCs) and Blockchain technology that are already transforming the financial world. This book is not only informative, but also relevant to understanding how these innovations represent a serious risk to freedom, and how they could change the way we interact with money, as well as the implications of these changes for geopolitics and the global economy. If you are looking for an easy-to-understand guide to navigating this new financial world, "Understanding CBDCs, Money and Blockchain" is the book for you.
Contemporary Studies of Risks in Emerging Technology
With the rapid development of technologies, it becomes increasingly important for us to remain up-to-date on new and emerging technologies. This series, therefore, aims to deliver content on current and future technologies and how the young generation benefits from this. The global financial crisis has highlighted major weaknesses in financial records, information, and data. These weaknesses have led to inadequacies in the access to financial records and information, higher operational risks, flawed bankruptcies, and foreclosure proceedings. The Lockdown due to the ongoing pandemic COVID-19 has increased the scope for criminals to exploit vulnerabilities and commit financial crimes. The increased online presence and homeworking have significantly expanded the attack surface for cybercriminals. Criminals are exploiting vulnerabilities, increasing the risks of cyber-attacks, money laundering and terrorist financing. Research is therefore needed to identify trends, tools and applications that will provide the needed records, information, and data to support more effective financial analysis and risk management. Financial Technology (FinTech) has become one of the most pioneering and cost-effective disruptive technologies. Initial adaptation of FinTech solutions has permitted several start-ups, financial service providers, and other assorted sectors to accomplish an augmented pace of growth. Contemporary Studies of Risks in Emerging Technology: Part B also highlights how emerging technologies are altering the subtleties of doing business for financial services benefactors, possibility of emerging technologies, advantages and disadvantages, technology linked issues/challenges in financial services, and also highlights drivers of this revolution.
Banking in the Age of the Platform Economy
The 2008 global financial crisis and the concurrent rise of the platform economy have had profound effects on the banking sector. Over the past decade and a half, banking leaders have had to contend with rapidly evolving regulatory, technological, and competitive forces. The pace of technological change has been formidable with advances in artificial intelligence, cloud computing, and blockchain technology. These forces have brought to the forefront new managerial imperatives that banking leaders have to make sense of as they strategise in light of these unfolding new realities. Banking in the Age of the Platform Economy explores the strategies that managers and leaders at banks and other financial institutions have adopted in response to the rise of the platform economy, the new forces of interdependence that it entails, and the risks/opportunities involved in cocreating value with external stakeholders. With its discussion of the strategies of interdependence and value cocreation that the top twenty banks in Europe adopted between 2008 and 2019, this book is essential reading for academics, banking and fintech professionals, and management consultants that advise banks and fintechs.
Deal Sourcing in Venture Capital. Overview of Common and Emerging Approaches
Seminar paper from the year 2022 in the subject Business economics - Investment and Finance, grade: 1,3, Pforzheim University, language: English, abstract: There are different approaches to deal sourcing - some are tried and tested over decades, others are based on the latest technologies and trends. Therefore, the aim of this paper is to provide an orderly overview of the common as well as emerging approaches of deal sourcing, to critically appreciate the approaches as well as to compare them with each other. In order to do justice to the rapidly changing and very practice-oriented world of venture capital, both science and practice will be considered in the following. On the one hand, reference is made to academic studies, monographs, and papers, while in addition individual voices from the industry, VC firms or otherwise involved institutions are included. Chapter 2 starts with several general definitions and delimitations on the topic to ensure unambiguous use of terms. The following two subsections first deal with the position of deal sourcing in the investment process, and then present the connection and importance of deal flow. Subsequently, the third chapter starts with an overview of the following chapter structure, ensued by a discussion of several traditional and modern approaches to deal sourcing, before comparing them at the end of this chapter. Finally, the work ends with a conclusion, in order to summarize the main results and give a brief outlook for the future.
How to Use Roth and IRA Accounts to Provide a Secure Retirement 2023 Edition
IMAGINE HAVING AN INCOME TAX-FREE RETIREMENT INCOME! It's possible with a Roth IRA or Roth 401(k) account! In this compact explanation updated for the Proposed IRS Regulations for the SECURE Act and for SECURE 2.0 Act (enacted December 29, 2022, ) Michael Gray, CPA gives the highlights of what you need to know to build a big, tax-deferred or tax-free retirement account and get the maximum benefits from it. * How do the advantages and disadvantages of a Roth account compare to those of an IRA account? * How can you use a rollover from a 401(k) or other employee retirement account to create a big Roth or IRA account? * Many people have become disenchanted with the stock market. How can you use a self-directed Roth or IRA account to make alternative investments, such as in real estate or private mortgages? * What are the prohibited transactions that can result in disqualification (treated as instant distribution) of your Roth or IRA account? * When can a Roth or IRA be required to pay income taxes? Should you go ahead with an investment that generates income taxes for the Roth or IRA anyway? And much more!
Going Infinite
When Michael Lewis first met him, Sam Bankman-Fried was the world's youngest billionaire and crypto's Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side?In Going Infinite Lewis sets out to answer this question, taking readers into the mind of Bankman-Fried, whose rise and fall offers an education in high-frequency trading, cryptocurrencies, philanthropy, bankruptcy, and the justice system. Both psychological portrait and financial roller-coaster ride, Going Infinite is Michael Lewis at the top of his game, tracing the mind-bending trajectory of a character who never liked the rules and was allowed to live by his own--until it all came undone.
Blockchain and Artificial Intelligence
Blockchain and artificial intelligence are perhaps the two most significant disruptive technologies this century and both will significantly rewire the world of global financial markets and the world in which we live. While blockchain offers a number of significant advantages over traditional forms of finance including lower cost and massive increases in operational efficiencies of traded markets, property records and a whole host of transaction processes, artificial intelligence is moving fast from basic structured machine learning doing menial yet important big data tasks like credit card fraud detection to predictive analysis and real-time real-world risk management and investment decision making. There is still a lot of confusion in the market about cryptocurrencies, bitcoin and the underlying blockchain technology. Blockchain and Artificial Intelligence highlights the underlying technologies of blockchain and the differences between cryptocurrencies and blockchain financial applications. It explores the current AI offerings and gives a vision of the fast-moving developments in this area including the many solutions that are expected to revolutionize the way financial and commodity markets will operate in the future.
Nonlife Actuarial Models
Actuaries must pass exams, but more than that: they must put knowledge into practice. This coherent book supports the Society of Actuaries' short-term actuarial mathematics syllabus while emphasizing the concepts and practical application of nonlife actuarial models. A class-tested textbook for undergraduate courses in actuarial science, it is also ideal for those approaching their professional exams. Key topics covered include loss modelling, risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. Revised and updated to reflect curriculum changes, this second edition includes two brand new chapters on loss reserving and ratemaking. R replaces Excel as the computation tool used throughout - the featured R code is available on the book's webpage, as are lecture slides. Numerous examples and exercises are provided, with many questions adapted from past Society of Actuaries exams.
Dental Wealth Nation
You Deserve To Thrive Amidst An Uncertain World!In Dental Wealth Nation you will learn: The truth about investment consulting - Page 23How to improve your cash flow and leverage tax mitigation strategies - Page 31How to protect your wealth from unjust means - Page 68How charitable gifting will actually make you money, and feel good too - Page 85The Relationship Management Formula - Page 105The Importance of Stress Testing - Page 147
The Book of Crypto
This book provides a thorough overview of Bitcoin, cryptocurrencies, and digital assets and their impact on the future of money and finance. It provides a 360-degree practical, concise, and engaging overview of all the topics that one interested about digital assets needs to know including how Bitcoin and Ethereum work, an overview of the most important digital assets in the market, and deep dives into the various types of digital assets including cryptocurrencies, stable coins, CBDCs, utility tokens, security tokens, NFTs, and many others. The book also covers all the essentials including DeFi, crypto mining, crypto regulations, crypto investors, crypto exchanges, and other ecosystem players as well as some of the latest global crypto trends from Web 3.0 and the Metaverse to DAOs and quantum computing. Written by a leading industry expert and thought leader who advises some of the leading organisations in the digital assets space globally, this book is ideal foranyone looking to acquire a solid foundational knowledge base of this fast-growing field and understand its potential impact on the future of money.
Commitment to Equity Handbook
Edited by Nora Lustig, the Commitment to Equity Handbook: Estimating the Impact of Fiscal Policy on Inequality and Poverty (Brookings Institution Press and CEQ Institute-Tulane University, 2nd edition, 2022) is a unique manual on the theory and practical methods to estimate the impact of taxation and public spending on inequality and poverty. In addition, the second edition covers frontier topics such as alternative approaches to measure the redistributive effect of education, health, and infrastructure spending. Policymakers, social planners, and economists are provided with a step-by-step guide to applying fiscal incidence analysis, illustrated by country studies. The 2nd edition of the Handbook has two volumes. Volume 1 is comprised of Part I, Methodology, describes what a CEQ Assessment(c) is and presents the theoretical underpinnings of fiscal incidence analysis and the indicators used to assess the distributive impact and effectiveness of fiscal policy. Part II, Implementation, presents the methodology on how taxes, subsidies, and social spending should be allocated. It includes a step-by step guide to completing the CEQ Master Workbook(c), a multi-sheet Excel file that houses detailed information on the country's fiscal system and the results used as inputs for policy discussions, academic papers, and policy reports. Part III, "Applications," presents applications of the CEQ framework to low- and middle-income countries and includes simulations of policy reforms. In this 2nd edition, chapters 1, 6, and 8 have been significantly updated and two new country studies have been added to Part III. Parts IV (updated), V (new), and VI (new) are available online only. Part IV contains the CEQ Assessment's main tools. Part V includes the databases housed in the CEQ Data Center on Fiscal Redistribution. Part VI contains the CEQ Institute's microsimulation tools. Volume 2 (new) includes a collection of chapters whose purpose is to expand the knowledge and methodological frontiers to sharpen even further the analysis of fiscal policy's redistributive impact. Topics include: alternative approaches to value in-kind education and health services; alternative methods to evaluate spending on infrastructure; corporate taxes and taxation on capital incomes; inter-temporal fiscal incidence and the redistributive consequences of social insurance pensions; fiscal redistribution, macroeconomic stability and growth; and, the political economy of fiscal redistribution.
The Algebra of Wealth
AN INSTANT #1 NEW YORK TIMES BESTSELLER A must-have guide to optimizing your life for wealth and success, from bestselling author, NYU professor, and cohost of the Pivot podcast Scott Galloway. Today's workers have more opportunities and mobility than any generation before. They also face unprecedented challenges, including inflation, labor and housing shortages, and climate volatility. Even the notion of retirement is undergoing a profound rethink, as our lifespans extend and our relationship with work evolves. In this environment, the tried-and-true financial advice our parents followed is no longer enough. It's time for a new playbook. In The Algebra of Wealth, Scott Galloway lays bare the rules of financial success in today's economy. In his characteristic unvarnished, no-BS style, he explains what you need to know in order to better your chances for economic security no matter what. You'll learn: How to find and follow your talent, not your passion, when making career decisionsHow to ride and optimize big economic waves (hard truth: market dynamics always trump individual achievement)What small steps you can take that pay big returns later, including diversification and tax planningHow stoicism can help you minimize spending and develop better financial habitsBrimming with wise, game-changing advice from one of the world's most popular business school professors, The Algebra of Wealth offers a powerful framework for making the most of what opportunities come your way.
Grim Fallacies
This book was written to contain the information that is difficult or impossible to find online. You will learn what usually either takes years of working in the industry, or even more years of painstakingly learning these lessons for yourself. The book contains all the necessary information to start trading and be sure not to lose money but succeed.
Paper Pencil Eraser
Paper Pencil Eraser is a self-development book that doesn't take itself too seriously, yet delivers a serious message. The author's stories about his children and his friend Gene are particularly heartwarming. This book should appeal to anyone who seriously wants to keep their life and their family's lives moving in the right direction.
Lombard Street
Lombard Street: A Description of the Money Market, has been considered important throughout human history. In an effort to ensure that this work is never lost, we have taken steps to secure its preservation by republishing this book in a modern format for both current and future generations. This complete book has been retyped, redesigned, and reformatted. Since these books are not scans of the authors' original publications, the text is readable and clear.
THE CEO X FACTOR - Secrets for Success from South Africa's Top Money Makers
'A fantastic opportunity to drink from the pool of excellence.' - Bonang Mohale, President of Business Unity SACEOs can build up a business from nothing or turn around a company that is on the verge of bankruptcy. Inspiring with their relentless drive, strong leadership and innovation that can turn whole industries on their heads, they are the dynamos of our economy.What is the X factor that ensures a CEO's success?KC Rottok Chesaina seeks to uncover the unique personality traits, business acumen and leadership values that have turned CEOs into captains of industry. Based on extensive research and focused interviews with the leaders of some of South Africa's top companies, including Vodacom, Bidvest, Capitec Bank, RMB, Dis-Chem, Discovery Health, Nedbank, Sanlam, Momentum, Curro, Exxaro, Harmony Gold and MTN, Chesaina's book takes you to the heart of corporate South Africa.With real-life examples, The CEO X factor shows that reaching the top is about much more than money - it requires a very specifi c kind of character, straightforward strategies, a true focus on people and a value-driven approach.
The Mars Hypothesis
The Mars Hypothesis presents the idea that the Federal Reserve can set interest rates based on the movements of the planet Mars. In this book, data going back to 1896 shows that as of April 2020, percentage-wise, the Dow Jones rose 857%. When Mars was within 30 degrees of the lunar node since 1896, the Dow rose 136%. When Mars was not within 30 degrees of the lunar node, the Dow rose 721%. Mars retrograde phases during the time Mars was within 30 degrees of the lunar node was not counted in that data as Mars being within 30 degrees of the lunar node. The purpose of the book is to not only hypothesize that the Federal Reserve can set interest rates based on the movements of the planet Mars, but to also demonstrate exactly how and at the same time, formulate a system that would enable the Federal Reserve to carry out its application in real time. Using the observation of the planet Mars, the book contains a strategy for controlling inflation, interest rate setting recommendations and the predicted dates of future bear market time periods all the way thru the year 2098.
Fintech and the Future of Finance
Fintech-the application of digital technology to financial services-is reshaping the future of finance. Digital technologies are revolutionizing payments, lending, investment, insurance, and other financial products and services-and the COVID-19 pandemic has accelerated this process. Digitalization of financial services and money is helping to bridge gaps in access to financial services for households and firms and is promoting economic development. Improved access to basic financial services translates into better firm productivity and growth for micro and small businesses, as well as higher incomes and resilience to improve the lives of the poor. Technology can lower transaction costs by overcoming geographical access barriers; increasing the speed, security, and transparency of transactions; and allowing for more tailored financial services that better serve consumers, including the poor. Women can especially benefit. Yet too many people and firms still lack access to essential financial services that could help them thrive. It is time for policy makers to embrace fintech opportunities and implement policies that enable and encourage safe financial innovation and adoption. Fintech and the Future of Finance: Market and Policy Implications explores the implications of fintech and the digital transformation of financial services for market outcomes, on the one hand, and regulation and supervision, on the other hand-and how these interact. The report, which provides a high-level perspective for senior policy makers, is accompanied by notes that focus on salient issues for a more technical audience. As the financial sector continues to transform itself, policy trade-offs will evolve, and regulators will need to ensure that market outcomes remain aligned with core policy objectives. Several policy implications emerge. 1.Manage risks, while fostering beneficial innovation and competition. 2.Broaden monitoring horizons and reassess regulatory perimeters. 3.Review regulatory, supervisory, and oversight frameworks. 4.Be mindful of evolving policy trade-offs as fintech adoption deepens. 5.Monitor market structure and conduct to maintain competition. 6.Modernize and open financial infrastructures. 7.Ensure public money remains fit for the digital world. 8.Pursue strong cross-border coordination and sharing of information and best practices.
