The high-yield leveraged bond and loan market (“junk bonds”) is now valued at $3+ trillion in North America, €1 trillion in Europe, and another $1 trillion in emerging markets. What’s more, based on the maturity schedules of current debt, it’s poised for massive growth. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. Now, for the first time, there’s a complete, practical, and expert tutorial and workbook covering all facets of modern leveraged finance analysis. In A Pragmatist’s Guide to Leveraged Finance, Credit Suisse managing director Bob Kricheff explains why conventional analysis techniques are inadequate for leveraged instruments, clearly defines the unique challenges sellers and buyers face, walks step-by-step through deriving essential data for pricing and decision-making, and demonstrates how to apply it. Using practical examples, sample documents, Excel worksheets, and graphs, Kricheff covers all this, and much more: yields, spreads, and total return; ratio analysis of liquidity and asset value; business trend analysis; modeling and scenarios; potential interest rate impacts; evaluating and potentially escaping leveraged finance covenants; how to assess equity (and why it matters); investing on news and events; early stage credit; and creating accurate credit snapshots. This book is an indispensable resource for all investment and underwriting professionals, money managers, consultants, accountants, advisors, and lawyers working in leveraged finance. In fact, it teaches credit analysis skills that will be valuable in analyzing a wide variety of higher-risk investments, including growth stocks.
Article by Irving Fisher (1936), Professor Emeritus of Economics, Yale University, urges Congress to take back the Constitutional money power, redeem the national debt, require banks’ demand deposit to be 100% liquid, to avoiding an inelastic loan structure that bursts, leaving frozen loans behind, and avoid ‘Global Financial Crises’. Includes a brief biography of Irving Fisher.
College students are facing many issues today and the main one being student loan debt! Student loan debt is at $1.2 trillion and growing! Debt Sucks! is for the college student who is looking to win with money so they can pursue their dreams! Ja’Net Adams shows the reader step by step how she paid off nearly $50,000 of debt in 2 1/2 years! In Debt Sucks! there are tips on how pay off student loans and other debt quickly while in college and after. The book also encourages college students to stand out from the crowd so that they can land internships while they are in school and valuable careers once they graduate.
If you will live like no one else, later you can live like no one else.
Build up your money muscles with America’s favorite finance coach.
Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. There’s one sure way to whip your finances into shape, and that’s with The Total Money Makeover.
By now, you’ve heard all the nutty get-rich-quick schemes, the fiscal diet fads that leave you with a lot of kooky ideas but not a penny in your pocket. Hey, if you’re tired of the lies and sick of the false promises, take a look at this—it’s the simplest, most straightforward game plan for completely making over your money habits. And it’s based on results, not pie-in-the-sky fantasies. With The Total Money Makeover: Classic Edition, you’ll be able to:
•Design a sure-fire plan for paying off all debt—meaning cars, houses, everything
•Recognize the 10 most dangerous money myths (these will kill you)
•Secure a big, fat nest egg for emergencies and retirement!
Fifth Book in the New York Times Bestselling Series.
“We’d won. We’d cut through the lies and treachery and promised an alliance that would free us both. But even as we won, we lost. We didn’t see what was coming. We didn’t know we had to plan a resurrection.”
Nila Weaver fell in love. She gifted her entire soul to a man she believed was worthy. And in the process, she destroyed herself. Three debts paid, the fourth only days away. The Debt Inheritance has almost claimed another victim.
Jethro Hawk fell in love. He let down his walls to a woman he believed was his cure. For a moment, he was free. But then he paid the ultimate price.
There is no more love. Only war. Hope is dead. Now, there is only death all around them.
**Only suitable for Dark Romance lovers.
Full length book. Six in series.
Popular personal finance blogger and money-management expert shows how to overcome financial stress with straightforward advice when debt-reduction programs and budgets fail to help.
There are ?financial experts” who advise people to take out their credits cards and cut them up. And that may be a good plan for someone who is financially irresponsible, it’s not great advice for someone who wants to build wealth and become financially free. Cutting up your credit cards won’t make you rich; learning to leverage and manage debt will.
If a person has a solid financial education they will know that there are two kinds of debt: good debt and bad debt. A person who understands debt will know how to use good debt to make them richer faster. And when we take control and learn to manage bad debt, seeing it for what it is and understanding the toll it can take if abused, we are on the road to financial freedom.
Learn how to make your money work hard for you? instead of you working hard for money all your life. Understanding debt and how to use and leverage it is an important first step.
Preparing for college is an exciting time of life, but I know it can be dampened by the mountain-sized financial obstacles standing between you and the college experience of your dreams.
The many parents and student athletes I speak with today are in the exact same boat. They want to know what to expect throughout their college journey. They crave more knowledge, they want to know they’re on the right track, and they want an amazing college tenure that doesn’t leave them high and dry financially.
Well hindsight is 20/20, and I’m excited to share insights with you to ensure you have the best college experience possible. By the end of our time together you will have the training you’ll need to graduate completely debt-free. That means no student-loans, no parent-loans, and freedom after graduation to live your calling and change the world.
See you inside!
Jack Winchester is a drifter. A ghost to those who pursue him and a danger to those who confront him. Once a notorious hitman for a New Jersey crime family, Jack is now a fugitive trying to right his wrongs. Wanted by the FBI and hunted by one of the Sicilian Mafia’s top assassins, he travels to New Orleans to reconnect with an old flame. But things aren’t what they seem. Not only must he cross paths with a ruthless drug lord just as Hurricane Danielle makes landfall, but he’s about to discover that he may be the only one that can save his ex and daughter.