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John Jacob Astor, a fur trader, was the first recorded millionaire in America.
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FDI in China surpassed $100 billion in 2010, certain key factors drive foreign direct investment.
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Goldman Sachs alumni have an unprecedented history of seamlessly moving from private to public service. Here's a short list of a few notable examples.
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Protect what you have while shifting risk is the motto of the rich. Find out how a life insurance policy can help you do the same.
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New York Airway launches the first passenger helicopter air service in New York City.
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The right CEO can make all the difference in a company's market position.
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There are many ways to hit the million-dollar mark, but the faster you try to get there, the harder it becomes.
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Freelance work is a way to escape the daily grind - but don't ignore the added responsibility that comes with freedom.
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Banks' shrinking reserves and careless handling of customers' money are tarnishing the system's once-sterling reputation.
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Millionaires think differently. Not just about money, about everything.
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There's a lot that the average person can learn from celebrity financial failures.
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On June 22, 1984, Virgin Atlantic Airways launches its inaugural flight from London to Newark.
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Cheerios and the Hula Hoop were both created on this day. Coincidence?
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Though not as well-remembered as some of his contemporaries, Andrew Carnegie's legacy is strong and moralistic.
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The most successful people have more in common than just money. Find out what you can learn.
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Find out how the Tier 1 capital ratio can be used to tell if your bank is going under.
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From lawn care to summer fairs, expenses can skyrocket if you're not paying attention.
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On this day in 1947, the association of investment professionals was formed.
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The successes of these three CEOs can be linked back to one common factor: customer service.
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On this day in 1880, Bell transmitted the first wireless telephone message.
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Make your daily commute more efficient with these simple tips. Find out how much you could save just by going to and from work.
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Learn how global warming is starting to heat up America's corporate climate.
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Herbert Henry Dow, a Canadian by birth, was a remarkable man. A chemist and an entrepreneur, Dow was one of the first people to realize that brine, an abundant mixture of chemicals that often hampers oil drilling, could be broken down into more useful components.
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These wacky inventions didn't look like the money machines they became for their creators.
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Working nine months a year and earning a six-digit salary might seem like the high life, but these jobs are not easy to come by.
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Having a million-dollar portfolio is a retirement dream for many people but making that dream come true requires some serious effort.
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Frank Quattrone was one of the most powerful figures during the dotcom bubble. He was one of the first investment bankers to recognize the potential of the fledgling companies in Silicon Valley and established himself on the ground floor long before venture capital flooded in.
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Don't overlook the details when starting up a business. It's the small expenses that have the potential to make or break a great idea.
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Adam Smith's 1776 classic may have had the largest global impact on economic thought.
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Business owners have many financial tools at their disposal. Should a credit card be one of them?
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A. NoneB. $1,000C. $1,500D. $2,000
Correct answer: DExplanation: The account is in restriction since the equity is less than 50% of the market value. [MV – DR = EQ --$18,000 - $10,000 = $8,000]. 50% of $18,000 = $9,000. The account is in restriction by $1,000.
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Banks are no longer the only option for a loan - the P2P lending system operates without them.
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Julius Caesar was emperor of Rome for a scant five months, but in that short time he changed the course of financial history. A lifelong debtor himself, Julius Caesar gave the world bankruptcy laws. The world's earliest bankruptcy laws were discovered on the obelisk containing Hammurabi's code, but Caesar's ...
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This thriving country was brought to its knees by the rapid growth - and subsequent decline - of its banking industry.
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Not everyone can land the glamour jobs, but the world of finance has a lot more to offer.
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William Durant, the founder of General Motors, lost control of his company due to his aggressive expansion plans. Going wholeheartedly from a carriage manufacturer to an automotive force, Durant used debt to finance his takeovers and mergers with other auto startups.
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This investment vehicle attracts wealthy investors to increase the value of portfolio companies.
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If you're going into business, you must have a plan. Find out how to put this important document together.
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Ace your interview by learning how to break down the most common questions asked.
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Generally, a leased employee is the employee of an outside organization from which you lease the employee's services. For instance, you may use the services of a payroll clerk who is really employed by another organization; the other organization (the leasing organization) leases the services of its ...
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Do you have what it takes to be a top entrepreneur? Learn tips on what to do to make it happen.
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This easy but essential process helps owners ensure that their businesses can stay afloat.
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Interested in non-traditional investing? Make sure you follow the rules to avoid prohibited transactions.
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Find out what options are available when it comes to borrowing money.
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Few careers match the opportunity for as quick and large a paycheck as does being a life insurance agent.
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The SBO-401(k) can only be adopted by businesses in which only the business's owners are eligible participants in the plan. The ideal candidate for the SBO-401(k) is an employer who has employees, they do not satisfy both criteria for being included in the plan.
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Stay calm, play dead and keep your eyes open for attractive valuations.
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Use these seven steps to discover a takeover before the rest of the market catches on.
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These unique investments provide significant tax advantages.
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In Germany, there are two types of companies: publicly traded and privately held. The acronym 'GmbH', which is written after the name of the company, designates a company as private in Germany. The letters stand for Gesellschaft mit beschränkter Haftung which, translated literally, means a 'company ...