UNDERSTANDING THE STOCK MARKET

Have you ever wondered why the stock market is called a market? Well, a market is a place where goods are bought and sold. The stock market is where people buy and sell one type of product. That unique product is shares of ownership in a company, which are also known as stocks. Potential investors [...]

Money Manager Account

The earnings potential of a brokerage account combined with the access and convenience of a checking account. You can enjoy both with the Money Manager Account 1, with a checking account from Bank of America, N.A. and a brokerage account from Banc of America Investment Services, Inc.® – a powerful combination of banking and investment services [...]

Stressed investors flee money market funds

n an extraordinarily unusual development, Putnam Investments shut its $12.3 billion Prime Money Market Fund on Thursday as the typically risk-averse industry continued its struggle to reassure skittish investors that their cash is safe.
Many Putnam investors wanted out. The firm, which is for institutional investors, said in a statement that it will pay everyone at [...]

A sucker’s born every minute

European investors are extraordinary creatures. Usually investors try to make money for themselves or their clients. But, when it comes to the US, European investors never tire of losing money. While this has benefits for those of us who live in the US, it is nonetheless hard to understand.
The penchant of Europeans to throw money away on [...]

Smart Money:Investors That Bring More than Cash to the Table

Securing initial investments for a new venture is an early hurdle for entrepreneurs. While most executives are delighted to receive a cash injection from any legitimate investor, a few executives have the privilege of receiving more than cash for equity. For them, the investor will bring not just money, but Smart Money.
When I first heard [...]