Category Archives: Financial Advice

David Giertz: The Fault with Financial Advisers

Having social security is very important especially for employees who are bound to retire. Social security is being deducted from the salary of a particular employee and this amount would accumulate over time, in order for them to have financial support later in life. However, according to David Giertz, the American people are facing big problems with their social security.



David Giertz stated that the American people have a growing concern over the reliability of their financial advisers. Today’s financial advisers are failing miserably because they could not even properly advise their clients what to do with regards to their social security. A small percentage of Americans do not know what benefits social securities have, and a larger percentage does not have any idea on how social security can support them once they retire. The financial advisers that are being hired by individuals are having a problem digesting the rules concerning social security because it has thousands of it. Taking up this information at once seems like a daunting task for them; however, without properly reading the rules, their clients are the ones who would suffer the consequences.



David Giertz added that because of these issues between the financial advisers and the public, the profession is being tainted with unreliability and untrustworthiness. Reports are surfacing that some people who have financial advisers tend to lose money or become bankrupt, for the sole reason of not being advised properly by their hired professionals. David Giertz suggested that the financial advisers should be more open with their clients, and that they should read the rules thoroughly.



David Giertz is an American entrepreneur who is also serving as a corporate executive. His skills with finances had made him one of the most sought after people in the market, being able to produce profits that are beyond expectation.


Role of Investment Banking Through the Eyes of Martin Lustgarten

One may be wondering what investment banking is, but it refers to a private company offering financial-related and other services to people, organizations, and corporations among others. Investment banking ensures that these parties can lay their hands on capital as well as assist in the formulation of mergers. Businesses and individuals can rely on investment banking for their market making and selling of their securities.

In the process of acquiring capital for the firms, the investment banking acts as a bridge and link between the company and the wider public. Besides, the bank helps companies that want to merge with the costs-benefits analysis, negotiation, valuation of the merger as well as all the necessary procedures.

Investment banking does not accept deposits from people and businesses. This is a feature of investment banking differentiates it from other commercial banks. In the US, investment banking has no mandate of taking deposits as it is against the law. However, this is not usually the case in some of other nations outside America.

In the recent years, there has been an adjustment on the Act that restricted investment banks from taking deposits. This has allowed them to provide fully fledge services similar to those found in commercial banks.

As an investor, you will also access back office services by having an account with the investment banking. Some of these services include risk management, corporate strategy, operations and financial control among others.

The investment banking industry is doing well despite the 2008 financial setback. Notably, the sector is still recovering.

Martin Lustgarten is a popular and famous name in the US as an expert in the investment banking. He is 57 years old. He lives and works in Florida. Martin has several citizenships including Austria, USA, and Venezuela. This allows him to access and help his clients with their investment issues. He is a fun of beautiful and vintage things.

Lustgarten is extremely passionate about investment as he invests his wealth in different countries across the world. He perceives this as the best way of reducing the risks facing his business.

He is intelligent and quick to notice investment opportunities as well as predicting the market trends. Therefore, he is a role model to many young and inexperienced investors.

George Soros Predicts Financial Issues Similar to 2008

In today’s troubled times, the worldwide markets face several monetary crises, which means that investors should be extremely careful. So says George Soros, billionaire, philanthropist and founder and chair of the Soros Fund Management and the Open Society Foundations. George Soros has a hedge fund worth over $27 billion that is listed in the Bloomberg Billionaires Index.

He recently spoke on the topic in Sri Lanka at an economic forum. According to Soros, China is trying hard to discover a new model of growth, while its money has been devalued and that is affecting the rest of the world. This, along with rising interest rates, is becoming a challenge for the world, especially since it reminds financial people of things that happened in 2008.

There are sinking money values with the yuan on, and things like stocks and commodities are in trouble as well. China has lost trillions as losses worsen in Asia and things like Greece’s debt in Europe make Soros worry that a problem like the financial issues in 2008 will occur again. In fact, he thinks it could be worse.

For instance, the Chicago Board Options Exchange Volatility Index, otherwise known as a fear gauge, has gone up 13 percent. Plus, The Nikkei Stock Average Volatility Index went up 43 percent and Merrill Lynch showed that Treasury bonds went up almost six percent. All of these heights in numbers worries people like Soros about the world’s financial future.

China itself is trying to change their monetary problem. The Communist Party has vowed to increase the convertibility of their yuan by 2020 and to progressively disassemble capital controls. They are the second biggest world economy and they are very weak, even though the People’s Bank of China cut interest rates to record lows and specialists put hundreds of billions of dollars into their economy. Still yet, recent information showed the market was remaining slow and sluggish.

So, it’s time for experts in finance to be very concerned about worldwide economy and how it might be helped. As such, Soros works with a network of one hundred nations to run the Open Society Foundation and to use it to help others learn the truth. Soros uses the Open Society to help undermine communism, promote critical thinking, and do philanthropy overseas and in the US via giving money for schools, machines, etc. to help with world’s resources and make things more even for others in today’s financial troubled world.

So, with that knowledge and experience, if george Soros says there could be even more financial issues in the coming future, he is a man that people around the world should listen to very closely and take heed.