ch1 - The Investment Objective Summary of chapter 1:...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Slide 1- 1 The Investment Objective Summary of chapter 1: General overview of the investment environment A. Short History of Investing B. The Investment Objective C. Financial System: Clients and their Needs D. Agency Theory
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Slide 1- 2 A. Short history of investing Stock Market The Crash of 1929 (and the Great Depression that followed) One-day panic in 1987 The ‘technology bubble’ in the nineties The ‘bear market’ of the new millennium The financial crisis of 2007-9
Background image of page 2
Slide 1- 3 B. Investment objective Essential nature of investment Reduced current consumption Planned later consumption Real Assets Assets used to produce goods and services Financial Assets Claims on real assets
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Slide 1- 4 Financial system: clients and their needs Business Sector Primary need: raise funds (Borrowers) Government Sector Primary need: raise funds (Borrowers) Household Sector Invest savings and raise funds Foreign Sector Net investors in Canada
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/21/2010 for the course FINE FINE6200 taught by Professor Mark during the Fall '10 term at York University.

Page1 / 14

ch1 - The Investment Objective Summary of chapter 1:...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online