Tracy Bond

Similar kinds of backdoor derivatives deals resulted in some U.S. cities and counties filing for bankruptcy as well. In 2011, Jefferson County, Alabama entered into the largest municipal bankruptcy at that time with $4 billion in debt. Remember the example with the treasurer of Orange County, CA who relied upon psychic advisors? In that instance, Merrill Lynch representatives roped him in with a derivatives contract. On the other hand, JPMorgan Chase took the ethical high road by refusing to…

Investment Strategy Diversify two stocks per industry to dampen effects of industry specific crashes, while still maintaining a substantial amount of capital within each market to benefit from industry specific rises. Our investment strategy would focus solely on capital growth, as such, the three industries would be the Financial, Telecom Services, and Utilities sector as they are currently the top performing sectors with around +60% companies up 0% - 2%. TELECOM SERVICES 1. Fusion…

Wealthfront: Since its launch in 2011, Wealthfront has built trust with its unique service that designs a personalized portfolio of globally diversified investments for each client. Wealthfront, created in December 2011, is one of the biggest players in the space, trusted with more than $5.5 billion in assets under management as of the end of March 2017. This makes it the second-largest platform of the independent launches, just behind Betterment. Getting started with Wealthfront is a simple…

Isolate Prices Project My program runs as follows first displays the local start time, which would be the current time and would work as almost like the starting point of stopwatch. We than have a vector which is where all the input files information is stored. After, the vector is created we have to fill the vector with the information from the input files. Then we read all the data from the vector and output into 2 files. Lastly the end time is display with the elapsed time. I created a Stock…

During the early 20th century general business conditions were favorable so this lead bonds to increase. What this caused was the higher prices for the bonds, but in return, this lowered the yields of the bonds. Then the Great Depression hit, in the early 1930’s. This caused businesses to go out of business, as there was a loss of profit. This also cause the yield of bonds to be depressed and the bonds cost even more during this time. In the 1970’s, we began to see inflation. With the…

Investment Philosophy My investment philosophy and strategy was not just investing in a single industry. Instead, I wanted to have a variety of stocks in my portfolio, with investing in multiple different companies from different industries. I tended to gear more towards larger companies that are growing relatively fast. These companies were ones that I was personally familiar with and liked as a whole. Amazon, for example, being the largest ecommerce retailer, I believed would be a pretty good…

In the first week of doing stocks I started with American Express and bought all the stocks that I thought would gain the most money. All of those stocks included products that I knew would have good business and wouldn’t be likely to lose a major amount of money these stocks included Imax, Mcgraw, Microsoft, and took a chance with both Coach and Go pro. Go Pro was probably the worst one to pick as they lost a lot of money the first few weeks a lot more money than I thought they would. I also…

THE HOMEVOTER HYPOTHESIS Name University Course Instructor Date The Homevoter Hypothesis William Fischel, in the Homevoter Hypothesis, argues that just like investors want the companies they have invested in to perform well, homeowners share a financial interest in the success and achievement of their communities. The rise in the principal asset of the home owner; his or her home, is dependent on the conditions existing in the wider community including levels of crime rates and property tax,…

In the case of Webb Resolutions Ltd v E-Surv Ltd, negligence did rise in terms of valuation, and concerned two properties. In November 2006, E-Surv valued a two bedroom flat at £227,995 for mortgage purposes. The true value was held to be £204,658, showing that there was an over valuation of 11.4%. In July 2007, E-Surv provided a valuation for the re-mortgage of a house, which was valued at £295,000, but the true value was found to be £260,000, therefore the over valuation was at 13.5% (Clarke…

Bonds are IOU loans that grants more risk to the investors than the company selling the bonds. Bonds is the safest option to raising money for your company because the investors are taking the risk. The investors buying the bonds have a sense of comfort knowing they will get a steady income until the fulfilment of the bond. Bonds with the most length tends to pay the most yield. For example a 5 year bond pays a lower yield to a 10 year bond. Investors can purchase bonds from the company…