Monday, December 12, 2011

Cash.....................?

Why is the man who invests all your money called a broker?|||because he was initially broke and you helped him by giving him some or all of your money, and now he is going to help you become broke like he was.|||cause he takes it all|||Because the person investing your money is usually more broke than the person giving him money or that is what my Finance professor and others say.|||The term comes from "brochier". This was a term given to someone who purchased a keg or barrel of wine, would "broche" (break) it open, and then sell smaller units of wine to individuals. A broker is someone who facilitates a transaction. In mortgage terms, lenders don't typically deal directly with the public. A broker's job is to verify your information, and search for a sound lender with godd interest rates for you. They do all of the work. They will order your title commitment, appraisal, and insure that you are getting financingthat you approve of.|||I thinks that the person investing your money is usually more broke


it means that solve the concepts both parties rather than the person giving him money.


Best of luck.

No comments:

Post a Comment