Presentation on theme: "BELL WORK What is the meaning of the cartoon?. VU NGUYEN FINANCIAL INTERMEDIARIES."— Presentation transcript:
BELL WORK What is the meaning of the cartoon?
VU NGUYEN FINANCIAL INTERMEDIARIES
INVESTMENTS Redirecting your resources to create benefits in the future. m/watch?v=pYjTPLuNiok om/watch?v=OjJRwbk otQM
FINANCIAL INTERMEDIARY An institution that acts as an agent or broker by accepting money from people who wish to save money and giving it to those who want to borrow money.
DEPOSITORY INSTITUTIONS Commercial banks. Savings and loans. Credit unions.
WHAT BANKS CAN OFFER Savings (Checkings or savings account). Loans (Lending money to borrowers). Mortgages (Loan for the purchase of real estate). Credit Cards (Allow people to buy goods with a promise to pay later).
SAVINGS AND LOANS
CREDIT UNIONS Specialize in mortgages and car loans. Serve members of a credit union only not general public. Not-for-profit organizations.
SMARTSTOCKS.COM When you are advised to do so, get a computer from the mobile computer lab and go on smartstocks.com. You will buy, sell, or trade stocks and document your progress. &lid= &ID=930127