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The Safest Assets in the World
#There's another reason banks have been moving a lot of cash into thesesafe havens.You see, when a bank stores money in an "invisible account," it becomeswhat's called "Tier 1" capital.
"Tier 1" capital is the designation given by regulators to the "safest" money on the planet.Other types of Tier 1 Capital include gold, cash, and money borrowed from the Federal Government.In other words, arguably the safest assets in the world.That's why over 200 of America's biggest corporations (including Nike, Wal-Mart, and General Electric) are quietly funneling their money into "Invisible Accounts" too...Panera Bread, for instance, profited to the tune of $3 million in 2001.
#And Johnson & Johnson added $23million to their "invisible accounts" over the past two years. That's morethan what they've added to both their stock and bond holdings...But these accounts are much more than just a safe place to keep your money...
#There's another reason banks have been moving a lot of cash into thesesafe havens.You see, when a bank stores money in an "invisible account," it becomeswhat's called "Tier 1" capital.
"Tier 1" capital is the designation given by regulators to the "safest" money on the planet.Other types of Tier 1 Capital include gold, cash, and money borrowed from the Federal Government.In other words, arguably the safest assets in the world.That's why over 200 of America's biggest corporations (including Nike, Wal-Mart, and General Electric) are quietly funneling their money into "Invisible Accounts" too...Panera Bread, for instance, profited to the tune of $3 million in 2001.
#And Johnson & Johnson added $23million to their "invisible accounts" over the past two years. That's morethan what they've added to both their stock and bond holdings...But these accounts are much more than just a safe place to keep your money...
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