George Soros is a financial wizard, and has made his mark on the world. Soros has an interesting take on life, society, and history. Having escaped the cruelty of the Nazis in his lifetime gives him a unique perspective. He sees oppression springing from the need to push the philosophy of ultimate truth.
Since so-called ultimate truth is beyond mankind’s reach, societies can only push these ideologies by resorting to oppression. People have different views, and in an open society, it is the role of certain institutions to work to help people to live together in peace.
He also believes he has an answer to why no one has access to the ultimate truth. The reason being is that our own perceptions form our individual realities. They also affect the events that we all choose to participate in. Thus, no two people will come to terms with an absolute definition of truth. Their truth is always subject to change. Learn more about his profile at washingtontimes.com.
In an article by Politico in 2016, Politico describes the emergence of Soros as an advocate for Democratic Party principles. As a result, he has donated millions to nonprofits and organizations like the American Bridge 21st Century, and to a host of Democratic Party committees. He has also donated to a super PAC called Immigrant Voters, which hopes to increase voter turnout among Latinos.
Today, Soros believes that democracy is in a crisis. His belief is that the world’s greatest democracy, the United States, elected an administration that may affect the nation’s ability to positively influence democracy initiatives around the world. The weakening of the country will result from a philosophy that wants to make deals rather than defend principles.
George Soros heads up Soros Fund Management. His firm invests in fixed income and public equity markets across the world. He also looks to invest in start-ups and build-ups. Soros Fund Management is based in New York, New York. Not many people could survive what Soros has lived through. His philanthropic and business activities are the result of having lived through one of the most horrific periods in the history of the world. Read his profile at Business Insider.
The alternative lending sector is formed of pioneers such as Equities First who have outpaced the traditional lending sector by just embracing innovation and modern technologies. Equities First is financial leader and a company that has applied technology to lay down practical tools for private organizations. Along these lines, they offer a snappier and more proficient small undertaking crediting knowledge. Business people can apply for funding on the web and get sorted out easily. The specialists can securely get to your information through a cloud database to evaluate your business unwavering quality. In short periods as contrasted to conventional financial institutions, the alternative moneylender offers the best solution and bundle for your business capital.
Equities First has been a leader in the loaning sector since its initiation in 2002, providing both small businesses and people with stock loans. The advanced technology allows loan specialists to get the extensive view which opens business doors for small businesses. Equities First Holdings credits accompany high credit to value proportion with fixed and small loan costs. Something else is variety; Equities First offers business visionaries a lot of ways in supporting their small businesses. Other than financial help, the company is a great help to business sectors whereby customers benefit from various kinds of guidelines.
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The first-loss tranches change to AAA tranches was viewed by regulators as a risk minimization that saw compensation of higher leverage. The involved institutions reported more than $4.1 trillion in debt in 2007 fiscal year, which is approximately 30% of 2007 US nominal GDP. Lehman Brothers became bankrupt and liquidated, while Merrill Lynch and Bear Stearns were traded at fire-sale costs, and on the other hand, Morgan Stanley and Goldman Sachs became commercial banks, thus subjecting them to more strict regulations.
Apart from Lehman, other companies needed government support. Some behaviors nevertheless were viewed as optimal for individuals; for example, saving more in economic circumstances may be detrimental if a lot of people pursue similar behaviors as finally one individual’s consumption is the income of another. Also, many consumers trying to pay debts or save at the same time also referred as a “paradox of deleveraging”. It is said, financial institutions with a lot of leverage, that is debt associated with equity, cannot deleverage simultaneously without major declines in the value of their assets. And as that took place in US, many financial institutions were left in mode of panic in terms of the value of their assets.Visit official website : Click here.
In modern day times, it has become tricky and expensive in securing conventional loans. With many startups left with slim options, many are turning to optional lending services. One method that has become increasingly vital for investors seeking for working capital is acquiring of stock loans. Equities First has turned out to be a king in the sector with the firm sorting out various associations and particularly those cannot meet the minimum requirements of bank loans. Today, the company is offering alternative lending services with its offices opened in all continents. Stock-based loans have lower interest rates in addition to other benefits and at Equities First, borrowers pay within 3 years.
Warren Buffet, one of the world’s most successful investor and stock market analysts, said in an interview recently that the Americans should start considering retirement planning on a priority basis. He recently wagered $1 million on the point he stands by that S&P 500 index fund can generate better returns than most of the funds out there, and he’s not wrong.
He says that many of the smart investors who managed to invest in passive index fund a few decades back are now sitting on millions. However, he also added that there is no way one can guess which investment option is better than the others, especially when it comes to funds. The best way is to diversify the investment and not hatch all your eggs in one basket.
Timothy Armour, Chairman of the Capital Group, one of the largest and most active hedge fund managers in the world, is an expert in the financial world, who seconds what Warren Buffett said about the investments above. He has done his graduation in economics from the Middlebury College and is associated with the financial world for over 34 years.
All through his career, he has worked with the Capital Group, where Tim Armour started on an associate program. He managed to climb the ladder of success due to his sharp business sense and determination to succeed. At Capital Group, he helped the company with global expansion and collaborate with leading investment giants, such as Samsung Asset Management in South Korea. Capital Group helped Samsung Asset Management with providing people of South Korea a wide range of retirement planning options.
Vincent Parascandola is a man of great and expansive experience in offering financial solutions and advice. Currently, he is the senior executive vice president of AXA Advisors LLC. AXA was formed in Paris in 1816 and has changed names and ownership severally. It is an insurance firm with a global presence that offers investment management and financial products and solutions.
The firm has about 6000 financial experts whose primary role is to develop goods and strategies that guarantee their client’s financial security and protection. They also promote investment, college, retirement, and asset collection strategies that should remain relevant throughout their customer’s lives.
Under Vincent alongside other management stakeholders, the firm has grown on a yearly basis and operated in Africa, the Middle East, North America, Asia and Europe.Mr. Vincent graduated from the Pace University, New York, with a Bachelor of Science degree. He gained over 25 years of experience in the financial consulting industry.
- From 1987 to 1990 – Prudential: Vincent kicked off his career as an agent for Prudential. During this period, he earned the title of the National Rookie of the Year.
- In 1990 he joined MONY Life Insurance Company- He held various managerial positions both locally and at regional levels.
- In 2004, Vincent joined AXA Advisors- Vincent Parascandola served as the president of The Advantage Group, a subgroup of AXA, which was formed to pull experienced professionals in financial matters.
He also served as a co-manager of the firm’s branch in New York. At AXA, Mr. Parascandola had the responsibility of growth of new and seasoned financial experts, recruiting, customer retention, productivity, sales, and management.
Awards and achievements
Mr. Vincent Parascandola has been recognized for his exemplary leadership qualities, and this has earned him various awards such as the Master Agency Awards and GAMA’S Career Development.
- Former Florida Chapter president
- Former chairperson of the Field Officers Committee at LIMRA
- He is also a highly popular speaker and has been invited to speak at many industrial and company conferences such as the LIMRA’S distribution conference and the national LAMP meeting of GAMA.