What are the differences between the products offered by investment banks asopposed to a basic finance company
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I'm wondering how the products offered by investment banks compares to a basic finance company. How and why are they different?
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Answer:
investment banks usually are more conservative, they place your money on a sure thing like government bonds. Fix interest, nothing radical. Finance companies take more chances with your money, they invest on higher rates but less secured, like international stock. The risk is higher but so might be the profit.
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