Managing Family Wealth

Dimitris N. Chorafas

Chapter 6 in Household Finance, 2013, pp 131-153 from Palgrave Macmillan

Abstract: Abstract Chapter 5 brought to the reader’s attention that a household has assets and liabilities. Its assets may be the house where it lives, other houses bought for rent (or speculation), cars, appliances and financial investments — such as money in the bank (savings and time deposits), equities and bonds. Some households have invested in derivative financial instruments (see section 6.4), the so-called “alternative investments”, which is very unwise.1

Keywords: Cash Flow; Mutual Fund; Credit Rating; Hedge Fund; Future Price (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-29945-1_6

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DOI: 10.1057/9781137299451_6

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