About Us
Established in 1913, Guaranty Bank & Trust is one of the oldest and most respected banks in Texas. We have achieved this success by providing the communities we serve with a different kind of bank. One that believes smart banking is about investing in people, not just credit scores; succeeding with the community, not at its expense; and having a plan for your growth, not just our own.
We work hard to attract, retain, and develop the best bankers. This means you will get quality advice from a local expert you can trust.
We encourage our employees to give back to the communities we serve. Volunteering has a positive impact not only on the community but also on our employees.
Finally, we focus on strength and stability so our customers know they can depend on us during difficult times. At Guaranty Bank & Trust, we are “growing because we help you grow."
Banking is a business of people, not decimal points. That’s why we go way beyond a first-name basis to form personal relationships. Every one of our bankers is committed to their customers’ needs, lives, and goals for the long haul.
From laying your financial foundation to building your business, you’d be hard-pressed to find another bank that offers what we do
Among the reasons many individuals fail, also extremely woefully, in the game of investing is that they play it without recognizing the rules that manage it. It is an obvious truth that you can not win a game if you break its policies. However, you should recognize the rules prior to you will certainly be able to avoid breaching them. One more factor people fail in investing is that they play the game without understanding what it is all about. This is why it is very important to unmask the definition of the term, 'investment'. What is an investment? An investment is an income-generating important. It is very vital that you bear in mind of every word in the interpretation because they are very important in understanding the actual meaning of investment.
From the definition above, there are two vital features of an investment. Every possession, belonging or building (of your own) needs to satisfy both problems prior to it can qualify to end up being (or be called) a financial investment. Otherwise, it will certainly be something besides a financial investment. The first function of a financial investment is that it is a beneficial - something that is very beneficial or crucial. Thus, any ownership, belonging or home (of yours) that has no worth is not, as well as can not be, an investment. By the standard of this interpretation, a worthless, pointless or trivial property, belonging or property is not a financial investment. Every financial investment has value that can be quantified monetarily. Simply put, every financial investment has a monetary worth.
Guaranty Bank & Trust - Austin
The 2nd attribute of an investment is that, along with being a valuable, it has to be income-generating. This suggests that it should be able to earn money for the proprietor, or a minimum of, help the proprietor in the economic process. Every financial investment has wealth-creating capacity, obligation, obligation and feature. This is an inalienable feature of a financial investment. Any kind of ownership, belonging or residential or commercial property that can not create income for the proprietor, or at the very least aid the owner in creating revenue, is not, and also can not be, a financial investment, irrespective of how valuable or valuable it might be. In addition, any type of belonging that can not play any one of these financial roles is not a financial investment, irrespective of exactly how expensive or costly it might be.
There is another feature of a financial investment that is really closely pertaining to the 2nd feature explained over which you ought to be very mindful of. This will additionally assist you know if a beneficial is an investment or otherwise. An investment that does not create cash in the strict feeling, or help in producing earnings, saves cash. Such an investment conserves the owner from some expenses he would have been making in its lack, though it might lack the capacity to attract some loan to the pocket of the financier. By so doing, the investment generates loan for the owner, though not in the rigorous feeling. In other words, the financial investment still carries out a wealth-creating function for the owner/investor.
Generally, every beneficial, in addition to being something that is really useful as well as important, should have the capacity to produce income for the proprietor, or conserve money for him, before it can qualify to be called an investment. It is extremely essential to emphasize the second attribute of an investment (i.e. an investment as being income-generating). The factor for this claim is that lots of people take into consideration only the first attribute in their judgments on what comprises a financial investment. They understand a financial investment merely as a beneficial, even if the beneficial is income-devouring. Such a misunderstanding generally has major long-lasting monetary consequences. Such individuals commonly make expensive financial mistakes that cost them lot of money in life.
Possibly, one of the root causes of this false impression is that it is acceptable in the scholastic world. In financial studies in traditional educational institutions and academic publications, financial investments - or else called properties - describe belongings or residential properties. This is why business organisations concern all their valuables and residential properties as their possessions, even if they do not generate any type of earnings for them. This concept of financial investment is undesirable among monetarily literate people because it is not just inaccurate, yet additionally misleading and deceptive. This is why some organisations ignorantly consider their obligations as their properties. This is likewise why some people likewise consider their liabilities as their assets/investments.
It is a pity that many people, specifically monetarily oblivious people, consider valuables that eat their earnings, however do not generate any kind of income for them, as financial investments. Such people record their income-consuming prized possessions on the listing of their financial investments. People who do so are economic illiterates. This is why they have no future in their financial resources. What economically literate people describe as income-consuming valuables are thought about as investments by monetary illiterates. This reveals a distinction in perception, thinking and frame of mind in between economically literate people and financially illiterate and ignorant people. This is why economically literate people have future in their finances while financial illiterates do not.
From the definition above, the first thing you should consider in investing is, "How beneficial is what you wish to acquire with your loan as a financial investment?" The greater the value, all things being equal, the better the financial investment (though the greater the expense of the procurement will likely be). The 2nd variable is, "Just how much can it create for you?" If it is a valuable but non income-generating, then it is not (and can not be) an investment, it goes without saying that it can not be income-generating if it is not an useful. Thus, if you can not respond to both inquiries in the affirmative, after that what you are doing can not be spending and also what you are obtaining can not be an investment. At best, you may be acquiring a responsibility.