Wise Investing

  What Is The Credit Suisse Crisis? Who is Credit Suisse •        Credit Suisse has a domestic Swiss bank plus Wealth management investment banking & asset management  operations the Swiss National Bank has designated it one of the Switzerland global Systemically important banks  whose failure would cause “ Significant harm to the Swiss economy & financial system   Who controls the Swiss banking system? •        Credit Suisse is one of the oldest and most influential banks around the globe. While the bank is widely acclaimed and known for its influence and robustness, it has touched an all-time low. •         Ever since the ongoing year started, Credit Suisse’s share price has seen a 60 percent decline. Meanwhile, the credit default swaps (CDS) spreads on Credit Suisse debt have jumped to a 14-year high. •        The CDS spr...

  There are rules for making money, losing money, holding on to money, and growing money. There are principles for practicing medicine or law and a framework of rules for success, the same applies to finance. There are strategies for winning at sports or in business and there are also ways to win at money. Here are a set of definitive principles governing the behavior of money. 1. Money is neutral Money is neither good nor bad, its user is what determines its value. Money just makes a person more of what they already are, greedy people become more greedy, and generous people become more generous. The love of money can lead to greed but money itself has no emotions. 2. If you hate money you will stay broke You will never have money if you think it’s bad or evil and hate it. People that think money is bad will immediately spend it as they will have the subconscious desire to get rid of what they think is bad. The love of money can lead to immoral behavior to get it but the hatred of ...