25 Amazing Facts You Should Know About Finance | Amazing Facts 4U
- The Word’s first bank was Monte Dei Paschi Di Siena founded in 1472 headquartered in Tuscany Italy. The amazing thing is it is still operating.
- Amazingly the New York Stock Exchange started as a coffee shop!
- Fact is until the U.S. federal reserve was created in 1908 , individual banks could print their own money.
- Before 1913, the U.S. had no income tax which came after the 16th Amendment.
- Amazing fact is the Bank of America was originally the Bank of Italy until the founder Amedeo Giannini changed it in 1930.
- All banks in the U.S. were closed during the week of March 5th – 12th, 1933. This was to keep scared people from taking all their money out.
- The first credit card, issued in 1950, was Diner’s Club.
- Frank X. McNamara started the Diner’s club with 200 cardholders.
- Until the nineteenth century, solid blocks of tea were amazingly used as money in Siberia.
- Due to staggering inflation in the 1920’s, 4,000,000,000,000,000,000 German marks were worth 1 US dollar.
- Zimbabwe has experienced the most amazing inflation in the World in November 2008: 6,500,000,000,000,000,000,000 Percent.
- The Amazing Finance fact is that the three wealthiest families in the world have more assets than the combined wealth of the forty-eight poorest nations.
- To sell your home faster, and for more money, paint it yellow.
- The Amazing Finance fact is one-fourth of the World’s population lives on less than $ 200 a year. Ninety million survive on less than $75 a year.
- Adjusted for inflation, a first-class ticket on the Titanic would cost amazing $90,000 today.
- An ATM in Abu Dhabi amazingly dispenses gold in exchange for regular currency.
- The Amazing Finance fact is Norway’s income tax is halved in November to give everyone more money for the holidays!
- If you divide their net worths by their age, Carlos Slim and Bill Gates have amazingly accumulated more than $100,000 in net worth for every hour they’ve been alive.
- Start with a dollar. Double it every day. Amazingly in 48 days you’ll own every financial asset that exists on the planet, about $200 trillion.
- The Amazing Finance fact is if you have no debts and $10 in your pocket, you have more wealth than 25% of Americans .
- According to a study by Harvard professor , 46 % of Americans die with less than $10,000 in assets.
- Amazingly US debt is 12 times larger than all the US $ in circulation.
- Fortune magazine published an article titled “10 Stocks To Last the Decade” in August, 2000. By December 2012, the portfolio had amazingly lost 74.3% of its value.
- In Russia, 0.00007% of the population (100 people) controls 20% of the wealth.
- According to a study, earnings up to $ 75000 a year make people happy. Beyond it, it doesn’t increase your happiness.
If you desire further simple wisdom to help center your thoughts, go and subscribe to our blog: www.wisdomhealingcenter.com
