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1 22 minutes ago
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During the year of 1965, a 17 year old, Fred DeLuca opted to accept a $1,000 loan from, family friend, Peter Buck to create a sandwich shop in Bridgeport, Connecticut. DeLuca figured that starting a restaurant would help pay for his college and medical school fees. The restaurant was named “Pete’s Super Submarines”, later changing to “Pete’s Subways” and by 1968 to just “Subway”. DeLuca and Buck managed to sell 312 sandwiches on their fist day of business, seeing success rather swiftly. The business began franchising in 1974, opening the first Subway franchise in Wallingford, Connecticut. The company’s first international franchise materialised in the year of 1984, when Subway was launched in Bahrain. Due to Subway’s inclusion of fresh veg and exclusion of processes such as frying, the company was able to position itself differently to some of its main competitors. Having a much healthier appeal, it managed to use this to its advantage, tying the brand to athletes when marketing. Subway now generates billions of dollars in sales yearly, being the largest fast food chain. It has over 44,000 franchises across the globe, overtaking the likes of McDonald’s. Seems like that $1,000 loan went pretty far, right?! ...
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0 110 minutes ago
A very important area of the financial services industry is the capital markets. The capital markets are fundamental to the economy of the country. It promotes economic growth by providing corporations and governments access to capital which enables these organizations to invest in businesses, create jobs, and build infrastructure.
On Tuesday Greenback stayed strong while the euro fought to stay even against more signs of more economic pressures in the euro zone.
That happened while GBP was near to a 7-day low before the important Supreme Court decision associated to the postponement of Britain’s parliament. Investors were also watching the China-U.S. trade discussions which is estimated to reopen on October.
The Greenback slightly improved versus the Japanese yen to 107.58 and went higher versus a box of currencies to 98.663.
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2 013 minutes ago
Yesterday we assisted a client to refinance and restructure their home lending to help them purchase a long term investment property on the Northern NSW beaches. #TheDream !
This is a very common scenario and structure we assist with!
The benefits to the client meant:
1️⃣ They were able to finance 100% of the purchase + costs for tax benefits,
2️⃣ They used equity in their home instead of their savings, which they maintain in their offset account,
3️⃣ We got an ever better rate on their home loan!
4️⃣ A quick turnaround on their purchase as they were pre-approved.
If you are working with a financial planner or accountant to assist with your investment strategy, it's also important to work with a broker to ensure the finance complements this!
1 533 minutes ago
I've missed the view from the family home since I moved out 🌅
Lifestyle inflation is real and will kill! Always keep your expenses stable, while growing your income.
34 2,03123 September, 2019
It's all about success in life and earn a lot of income 👌
120 1,17323 September, 2019
There are many times of stocks, blue chip, income, defensive, growth and cyclical.
They range in how they perform in different market conditions, how they grow and pay their dividend, and how they grow their earnings.
What does your portfolio hold the most of? Mine would probably be growth/blue chip.