Banking crisis is no more.

Today banks are out of crisis situation.
Recent developpement has been made concerning banking and, more in general, economical matters. Today, stocks and shares jumped extremely, gaining Bank of America (BAC) an enormous 35% rise in share value. There are still wounds that have to be healed, but the banking industry is no longer in dark times.



Source: Time: More quickly than it began, the banking crisis is over. (By Douglas A. McIntyre)


Aaron De Smet

Tip on investing: stop dripfeeding your money

According to Alliance Bernstein, a leading global investment management firm, it’s more profitable to invest a large sum in one company than put bits and pieces of your money in a whole chart of companies.

This theory is a completely different approach than before, and is very difficult to embrace for those of us who prefer to spread their risks, but A.B. concluded that after examining the U.K. stock market between 1926 and 2008 the market went up 73 per cent of the time and only 27 percent of the time down.
After comparing the two investment-techniques side by side the lump sum-strategy returned an annual average of 12 per cent and the dripfeeding-approach only 9 per cent, which is a pretty significant difference, certainly if you compare it over the years.
But in the end it’s just a question of preferences; if you’re more comfortable dripfeeding, than there’s no reason for that to change now, but now you at least know that spending all your money in one go might be a better move.



Laura Herbert

Australia raises interest rates

Australia became the first OECD nation to raise interest rates on Tuesday when its central bank increased the official cash rate from 3 percent to 3.25 percent.
The raise of the interest rates is a result of the strong raise of the value of the Australian Dollar, one the world’s most actively traded currencies. In fact Israel was the first country that has increased its interest rates but the Australian raise is seen as more significant due to the size of the country’s economy.
This means that the Australian, as well as the global economy is growing and that the very weak economic conditions are stabilizing.



Laurens Driegelinck

Banking crisis is no more

The well known economical banking crisis is over.
Recent developpement has been made concerning banking and, more in general, economical matters. Today, stocks and shares jumped extremely, gaining Bank of America (BAC) an enormous 35% rise in share value. There are still wounds that have to be healed, but the banking industry is no longer in dark times.


Aaron De Smet

Source: More quickly than it began, the banking crisis is over