Financial markets

May 14th, 2015
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York University
Course: general
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Many people believe that not investing in a market does not have an impact on an individual.

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Financial marketsMany people believe that not investing in a market does not have an impact on an individual. This is not true because when a market crashes it affects the companies and also the people working in those companies. If I am working in a company, fluctuations in the market could have an effect on my benefits offered to me as an employee like retirement, healthy care and dental plans. Unstable economy could have an effect on my retirement plan because I might not be able to put anymore funds in that plan. It is very common for banks to tighten their lending standards making it hard for people to get a loan. At the time of market clash companies try to lower their expenditure and starts firing people to keep the costs to a minimum hence I could get fired from my company if my company decides to lower its expenditure. [Guaranteed (2015)].At the time of financial crisis th

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