In every country,the largest investment banks are located in the same city where the stock exchange is located.Why? And how does the stock exchange help investment banks?What advantages do investment banks have by keeping their headquarters close to the stock exchange?
When do big investment banks want the new college graduates they accepted to start their work at the firm ?
Right after graduation ?
I want gold in my portfolio but I manage it from my IRA. Is investing in a gold ETF a good option? In this economic climate and with inflationary fears I’d like to move 25%-30% of my IRA into a gold ETF. On the other hand, a Gold ETF is trade-able for nothing but cash in the event of monetary failure? So does this negate the point?
Why are they always trying to sell gold to the paranoiacs who listen to right-wing talk radio? There seems to be some attraction in this crowd to the idea of having a hoard of gold when civilization collapses. Well, if civilization collapses, a pile of shiny metal will not mean much. What will matter is food, medicine, communications, and weapons. Gold is not very useful as any of these.
So why is the bunker-building set so interested in gold?
@ Stanley: whatever else I may be, I am not diluted.
Maybe tell me how much money gold was per ounce or gram? Please tell me how much money gold was worth in the currency system they had back then, when a candy bar only costed a nickel.
I have lots of unwanted & broken gold. And want to sell some old gold pieces. And I know that the places to sell gold is endless….And, know that gold is trading at an all time high, I think its over $ 920.00 an ounce. How much can I expect to get from a dealer if I have an ounce of gold? Should I take it to a pawn shop or an independent dealer? OR should I sell them online?? Thanks!
Coin collecting is a fascinating hobby, and it is indeed a hobby that has enthralled many people for years. One aspect of the hobby is gold coin collecting. But why is the hobby so popular? Why are so many people intrigued by it?
One major aspect is value. Gold coins are, of course, made of gold, and that in itself makes them valuable. But many gold coins also have fancy and intricate designs, sometimes unique to only one or perhaps few coins. An item’s value always increases with its rarity, and gold coins are definitely no exception.
Sometimes the value is almost guaranteed. Take, for example, the American Eagle gold coin from the United States. It comes backed by the government of the United States, in that they warrant that the weight and purity of the coin is as described. Too often, gold coins are the subject of controversy when it comes to value. Here is a coin that is backed by the government of one of the largest gold-producing countries in the world.
Of course, there are gold coins originating from countries all across the globe, and these coins can carry historic and sentimental value, both of which can affect the seller’s asking price. A coin collector who enjoys collecting historic coins can make quite a hobby out of it by searching for and acquiring these coins. A lot of the thrill is in the hunt, and of course in the acquisition.
One example of a historic gold coin is the Dahlonega, which dates back to 1849 and up to 1861. Coins that old are of much value to collectors, but they are not the only historic coins that collectors hunt. Another coin of value is the Quarter Eagle series, which dates back to 1796.
Of course, the coins from the 1700′s are extremely rare, which make them not only valuable, but an item to be hunted, and therein lies the fun. Hunting down the coins, especially the older and rarer ones, is a hobby in itself, a hobby which can consume one’s free time, but which can also provide much joy and satisfaction if they are successful in obtaining such a coin.
Collecting gold coins can also create a social opportunity. Collectors like to have conventions and gatherings, and this allows a collector to connect with like-minded people, resulting in new and potentially long-lasting friendships. Indeed, gold coin collecting is not only a hobby, but an industry. Even so, it’s still “underground” enough that fellow collectors can bond with one another, and even help each other find the coins they desire. Collectors can also teach each other various aspects of the trade, so that they will have an opportunity to better themselves, and learn in the process.
There are so many things that make gold coin collecting a unique and enjoyable hobby: the necessity to hunt for and obtain coins, the opportunity for socialization, or simply something to occupy one’s time. Like stamp collecting, though, this hobby creates a portfolio for the hobbyist which can possibly be used in times of financial peril. With that in mind, gold coin collecting is not only a hobby, but a potential method of self-preservation down the road.
Hi,
Ive just recently added investment banker to one of my future jobs. I had a talk about it with my Dad’s friend. Apparently a investment banker advises companies where and when to spend their money, on gold, shares etc… If you make the company gain money, you’ll get a cut off it.
Is that what a investment banker does? If so, or not, can you please extend on what a investment banker does fully?
Thank you, so much!
For example, an vice president in the securities division of Goldman Sachs, how much would he earn in comparison to a vice president in the investment banking division? Do traders earn equal pay to those in the investment banking division? Or can they earn more?
If an investment banker underwrote the securities for an acquisition, would he actually work in the buying and selling of them? Or would he pass them off to the sales and trading division?