May 30th 10pm

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PD News Excerpts & Highlights Tuesday  5-30-17

Post From Peoples Dinar
PD Member News Excerpts & Highlights Tuesday  5-30-17
Mt2840:  Hi Gang,  I made my first Dinar purchase in October, 2004 and have read many posts over the years with opinions, far and wide. Some have suggested an initial rate of .10 cents, .50 cents, etc. Others maintain $1 - $1 with USD. 

​Steve had stated years ago that he felt $3.42 or so was the number.
Has anyone heard him reiterate that belief lately? Or has his opinion changed?  Thanks in advance for your thoughts.

Private Banking Vs. Wealth Management: Not Quite the Same

Reposted for our newest readers: 

Private Banking Vs. Wealth Management: Not quite the same.

Private banking and wealth management are terms that overlap. However, the financial services offered through private banking and through wealth management differ slightly.

Wealth management is a broader category that involves dealing with the optimization of a client's portfolio, taking into account his aversion to, or comfort with, risk and investing assets according to his plans and financial goals.

Private banking typically refers to an envelope solution for high-net-worth-individuals(HNWIs) wherein a public or private financial institution employs staff members to offer high-net-worth clients personalized care and management of their finances.

The primary difference between private banking and wealth management is that private banking does not always deal with investing clients' assets. Private bank staff may offer clients guidance on certain investment options, but not all banks will be involved in the actual process of investing assets for their clients.