Thank you very much for these thoughtful articles on the state of Banking.
I have different concerns that don't seem to be addressed. It has me thinking perhaps I should try to start a Bank of my own.
I have an economic Theory that if a process of Compound Investing daily at a minimum of 5.5% Interest could be offered for Basic Savings Accounts as well as other Investment Instruments, with the Principle Investment more varied at the minimum level and the Terms Written more conducive to the Investor especially those starting out in Savings and Investments. This process would accumulate more clients, lending confidence and create more vehicles to savings and wealth accumulation.
As the playing field is leveled, I hope it will be leveled with thinkers who want to make positive monetary difference..
Thank you very much for these thoughtful articles on the state of Banking.
I have different concerns that don't seem to be addressed.
It has me thinking perhaps I should try to start a Bank of my own.
I have an economic Theory that if a process of Compound Investing daily at a minimum of 5.5% Interest could be offered for Basic Savings Accounts as well as other Investment Instruments, with the Principle Investment more varied at the minimum level and the Terms Written more conducive to the Investor especially those starting out in Savings and Investments. This process would accumulate more clients, lending confidence and create more vehicles to savings and wealth accumulation.
As the playing field is leveled, I hope it will be leveled with thinkers who want to make positive monetary difference..
Sincerely,
Helena H. Ashby