Ivestment Houses Turning Huge Profits
This year, investment houses, especially those targeted to the “rich” and higher income people, like Goldman Sachs, are turning very high profits, thanks to a booming stocks and bonds market.
Might this mean that we are about to go through a huge economic boom again? It’s possible, especially since these investment companies have not seen this type of activity in a while. So what can it be? New money? Old money?
People maybe are starting to inherit their parent’s money more who have socked away a lot of money for their life savings? Well, it could probably be a lot of things, but rumor has it that the big one in the news, Goldman Sachs, is giving their employees the royal treatment after record profits this year.
They are showering their employees in the most appreciated gift of all from an employer to an employee : CASH.
