10000 cruzados to USD?
I have a 10000 cruzados bill and i want to know what it would be worth within USD.Answers: "In the 1980s and early 1990s, Brazil saw massively high inflation. For a time the currency or money used within Brazil was call Cruzeiros (until 1986) and then changed to Cruzado. Only a couple of years subsequently a new currency be introduced to Brazilians called the Cruzados Novos ("topical cruzados"). In 1990 another twist to the Brazilian money saga when the Cruzados Novos be stopped and the Cruzeiros returned!
Yet the story did not end near; in 1993, the Cruzeiros have three zeros shaved bad them and were turned into Cruzeiros Reais. Finally surrounded by 1994, after the development of a unsullied monetary plan, the new currency, the one we know today be born called the Real."
Considering they shaved 3 zero off its currency effectiveness at MOST it is worth $6.
Unless it is worth something to a collector.
Short and REIT?
This question goest to the Financial gurus:- Shorting expect to guess what the price of a stock would be, right. Now say if I want to short IBM stock: do I grasp to select how long would the shorting period should be (lik a daylight?) - Do I have to retribution upfront I short a stock (I guess number of units that I will buy surrounded by this circumstance) - and my profit will be amount that the IBM stock will go down times number of unit that I have?
REIT: would it be one and only used for retired people (over 65 yrs. old)?
Answers: Yes and no. Shorting ability you are betting the stock price will go DOWN. There is no time time for shorting. When you short, you are hoping that stock will go down surrounded by price. You pay zilch up front and you arent buying anything. You are taking out a loan. Therefore, you need a outside edge account to do this. You are trading on outside edge. If you choose to short 100 share of IBM and its currently at $65, if it goes down to $40, and you buy put a bet on once it hits $40, $6500 - $4000 = $2500. You made $2500. So you take the amount the stock go down by and multiply it by the number of share you shorted and subtract that number from your loan, and thats your profit. However, if the stock goes up instead, you will owe money.
Going short routine selling stock you don't own. You borrow the shares from someone else and sell them. Eventually, you hold to buy back and replace the shares. The lender can ask for the shares put money on at any time...although this doesn't usually happen except within the most shorted names. You enjoy to have 150% of the amount of the transaction contained by your account (and not margining something else) to trade shares short...but that includes the proceeds from the short sale. So within effect, you have to put up 50% of the public sale price as margin. Your picture needs to verbs to have 25% fringe. For instance, if you sell 100 shares of XYZ at $100/share, you are short $10,000 worth of stock. You have need of to keep $15K surrounded by your account...the $10K from the mart, and $5K of margin. If XYZ go to $12/share, you are still okay marginwise because you have $12,000 short, beside $15,000 in your description. $3,000 excess / $12,000 short = 25%. However, if XYZ goes to $13, you would lone have $2,000 excess vs. $13,000 surrounded by stock short or a little more than 15%. You would grasp a margin call upon from your broker, and would have to deposit another $1,250 to save the position, or would have to buy it put money on. The $1,250 comes from $13,000 * 25% = $3,250 excess required - $2,000 actual excess = $1,250.
REIT stands for Real Estate Investment Trust. It is a special type of corporation that doesn't have to compensate corporate taxes on its earnings. However, surrounded by return for that tax-free status, it has to recompense all of its yield out in the form of dividends. The minimum is 90% of adjectives earnings, but they enjoy to pay corporate taxes on the portion they don't settle out, so most pay out 100%. They can single hold real estate assets. REITs can be owned by anyone regardless of age.
Short-Selling:
Is the practice of selling financial securities the dealer does not then own, contained by the hope of repurchasing them later at a lower price. This is done within an attempt to profit from an expected decline in price of a surety, such as a stock or a bond, in contrast to the humdrum investment practice, where an investor "go long," purchasing a security within the hope the price will rise.
REIT: Real Estate Investment Trust.
A REIT is a tax designation for a corporation investing contained by real estate that reduce or eliminates corporate income taxes. In return, REITs are required to distribute 90% of their income, which may be taxable contained by the hands of the investors. The REIT structure be designed to provide a similar structure for investment in indisputable estate as mutual funds provide for investment in stocks.
Like other corporations, REITs can be publicly or privately held. Public REITs may be timetabled on public stock exchanges like shares of adjectives stock in other firms.
REITs can be classified as equity, mortgage or hybrid.
How do bond funds make more profit per share than what I can earn on bonds?
Answers: They probably have better research which helps to select the best bonds but you're missing the point. A bond fund provides diversification across issuers, maturities, ratings, etc. You could never achieve this level of diversification in your own account unless you had millions of dollars to invest across an array of bonds.
The types of investments and risks of investments by the bond funds will determine the profit which may result in more profit per share. If you were willing to buy high risk bonds, you would also earn more per share. You should discuss this with the broker who sold you the bond you own.