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Are building societies safer than banks? |
In view of the current Banking problems are Building Societies more secure than banks for investments ? I guess that you are referring to the current credit crunch (resulting from the sub-prime mortgage problem in the USA). no probably just the same.it`s the lending of too much money that is causing the main problem What problems....no problems at all....building societies can generally give a better deal to investors, as they do not have shareholders, only members....but they are all as safe as each other. |
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Papa Johns has some serious problems... good short ...well...its a good question as well as a difficult question to answer.. if i have to say about the security of your investment u need not worry coz...investing in a nationalized bank is the best an... At heart they are all ways of making capital available. Banks take the money of their depositors and pool that into a great big pile for loaning money out. You essentially loan your money to t... You can walk into any bank and open a certificate of deposit. Or I'm sure you can call any insurance agent and find your self an annuity or whole life insurance policy. If you want to make y... Like just about every one else in the world, banks and legitimate lenders "want to have their cake and eat it, too." One of the few drawbacks: Banks and legitimate lenders HATE foreclo... Actually it's simple. They're more likely to collect on a car than on a house. If you file bankruptcy the bank will get the car back. However, the bank will NOT get the house back. ...It depends on where you live, but have you considered working with Capital Research & Management Company, the investment advisor to the American Funds? The American Funds have about $900 Billi... Yes, there is a service fee or penalty involved from the bank that you are transferring out of. (since they are the ones losing your business) These range from anywhere from $10-$50 and sometimes e... |
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