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Tag: Practical

Lebanese Banker Seeks Cabinet With Practical Expertise Amid Crisis | Investing News

September 30, 2020
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| business

BEIRUT (Reuters) – Lebanon’s next government needs ministers with practical experience in finance and other areas to restore confidence in the collapsing economy, the head of the banking association said after the latest bid to form a cabinet fell apart last week.

Banks have faced a crisis since last year after political unrest, slowing remittances and a foreign exchange liquidity crunch left the state struggling to finance a mountain of debt. Depositors have been frozen out of their dollar savings.

Adding to Lebanon’s woes, the government quit after a huge port blast on Aug. 4 that devastated a swathe of Beirut. Efforts to form a new cabinet of non-partisan, specialist ministers have stumbled amid sectarian politics.

“The most important step is to reestablish confidence,” Salim Sfeir, chairman of the Association of Banks in Lebanon (ABL), told Reuters on Tuesday at the headquarters of Bank of Beirut, which he also heads.

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New Book Offers Practical Tips for Achieving Financial Security

May 1, 2020
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| finance

In Your Money and You: How to Increase Your Chances of Achieving Financial Security, Deborah Ellis, a longtime Certified Financial Planner (CFP), offers readers a plethora of information about stocks, bonds, saving, investing, allocating your investments, and even individual advice for people in different industries. While the book is full of information, it’s also written in a highly accessible manner. Ellis shares her personal stories of how she began saving money as a child and young woman, how her aunt taught her how to invest and buy stocks, and how things have changed in the decades since she began saving. Her personal experiences then branch into her professional experiences with clients and with years of investing in the market.

I know investing can be scary and confusing, but that’s usually due to a lack of information or the fear that we won’t understand the information. As Ellis shows us, investing … Read More

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