Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts
Friday, April 8, 2016
Top Lesser-Known Destinations in Italy
Jeffrey Bracchitta, a banking professional with over 14 years of experience at one of the world’s largest banks, enjoys traveling around the world. One of his favorite countries to visit is Italy. Jeffrey Bracchitta has visited Italy twice, spending time in several cities along the coast and in both the northern and southern areas of the country.
Many people are familiar with some of Italy’s larger cities, such as Rome and Venice. However, the country has several lesser-known locations that offer just as interesting experiences. Following are just a few of Italy’s best, little-known destinations:
- Treviso: located on the Sile River, Treviso is an ancient walled city only 30-minutes away from Venice. Despite its well-known annual wine crawl and local rugby team, the city continues to be overlooked by many tourists.
- Fiumicino: a small town along Italy’s coast, Fiumicino is most often visited by Italians in the know. It is a great place for tourists looking to practice Italian and is also popular for its warm weather, small crowds, and fishing port.
- Baiardo: reaching this small town requires a 45-minute hike from San Remo, but tourists who complete the endeavor are greeted with fresh air and gorgeous panoramic views. Baiardo is home to just a few hundred people, some of whom have never left the mountain.
- Liguria: offering a wide range of activities from truffle-hunting to soaking in thermal pools, the Liguria region is located in northwest Italy. The area features protected forests and Italian Riviera towns along with plenty of castles, campsites, and five-star resorts.
Friday, March 11, 2016
What to Know About High-Yield Bonds
A financial professional with more than a decade of experience, Jeffrey Bracchitta possesses expertise in mergers and acquisitions. Jeffrey Bracchitta also honed his skills in high-yield bonds as a banker.
Unlike investment bonds (also known as municipal or corporate bonds), which have a low risk of default, high-yield bonds pay a higher yield due to increased risk. A majority of investors use mutual funds or exchange-traded funds to diversify their investment in high-yield bonds, thus reducing risk.
Individuals interested in placing funds into high-risk bonds must consider the amount of return he or she expects to earn as well as liquidity. In addition, he or she should evaluate personal risk tolerance and the ability to accept changes in interest rates due to a volatile market. For example, a recession can increase the potential for default, which may leave an investor with little or no yield. However, if an investor correctly predicts a slow and steady increase in rates for a particular high-yield bond, the investment can be a rewarding.
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