How Local Private Investment in Cullowhee, NC Yields High Returns
By Allen Lomax, WNC Mountain Homes & Horse Farms Specialists
(Steed Talker Realty is with two hours of Tryon International Equestrian Center and we offer the best properties in the area.)
How Local Private Investment in Cullowhee, NC Yields High Returns To understand how local Private Investment in Cullowhee, NC yields high returns for the local Private Investors while also building economic strength for the community, we need to understand a little about how commercial banks operate. How Do Banks Operate? This example is an over simplification but in a nutshell this is the basics of commercial banking as we know it today. Primarily banks make their profits by taking deposited funds and turning around and lending these funds to borrowers. The deposits they taken in are liabilities because they pay depositors interest to use their money. The commercial bank makes money by making loans, on which, they charge a higher rate of interest than they pay the depositor for the...
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