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  • Showing only topics in ~finance with the tag "ask.experts". Back to normal view / Search all groups
    1. What is the importance of management jobs when applying for bank products?

      I live in the EU. I recently applied for a credit card, and the banker asked me (about my job): "Is it a management role?" I realized that it is a question I have been asked several times in the...

      I live in the EU. I recently applied for a credit card, and the banker asked me (about my job): "Is it a management role?"

      I realized that it is a question I have been asked several times in the past by banks. I tried a cursory google & Reddit search, but I haven't found anyone being curious about this.

      I'll try here then. Does anyone know why bankers ask this question? How does it matter? Are "individual contributors" seen as worse/riskier customers than managers?

      I have my own informal, anecdotal opinion, but I'm hoping to hear some more informed answer.

      26 votes
    2. Canadian interest rate increases = stave off the housing bubble (or create a spectacular burst?)

      Do you guys think they're using rate increases to kill off all the overleveraged homeowners in an effort to create a sell-off and thereby lower housing costs? Could someone smarter than I please...

      Do you guys think they're using rate increases to kill off all the overleveraged homeowners in an effort to create a sell-off and thereby lower housing costs?

      Could someone smarter than I please explain what is going on... or is our inflation that bad? Seems like some of the inflation might be what I've read as greedflation. I didn't realize we jumped almost 3.75% in less than a year last year...

      20 votes
    3. Could someone explain accumulating bond ETFs

      I understand how distributing bond etfs could work, you get part of the coupons when the etf distributes profits, which compensates somewhat for the price changes of the etf. Interest rates would...

      I understand how distributing bond etfs could work, you get part of the coupons when the etf distributes profits, which compensates somewhat for the price changes of the etf. Interest rates would affect the price of the etf but that would be partly compensated by the distribution.

      But how does this work on accumulating etfs? If the profits are always reinvested in the fund, shouldn't the price of the fund always go up? Assuming all/most bonds dont default, interest rates would affect the price but that would be compensated by the reinvested profits?

      I am missing something here, dont see the point of a bond etf if the price can change so much.

      13 votes
    4. What exactly is an NFT and why is it suddenly all over the news?

      What is an NFT and what makes them valuable? I know I can just Google this, but Tilders are smart and will provide an accessible, nuanced and complete comment on the technology that I won't get...

      What is an NFT and what makes them valuable?

      I know I can just Google this, but Tilders are smart and will provide an accessible, nuanced and complete comment on the technology that I won't get elsewhere.

      Besides the technology itself, I'm interested in knowing why it drew so much attention recently. What prompted NFT's sudden notoriety?

      29 votes