August 19, 2019
Ray Dalio, founder of one of the world’s most successful hedge funds, cautioned investors against pulling out of China in this time of turmoil. Despite the escalating U.S.-China trade war, Dalio said that not investing in China would be risky. …
August 18, 2019
A comedian once said that death is painful, but it only happens once. Taxes, however, seem to get more painful every time politicians get together. It’s also an annual ritual of mental anguish for many Americans. Who doesn’t dread the annual …
August 17, 2019
There are roughly 700,000 hotels and more than 15 million hotel rooms throughout the world. Some have zero stars and some have five-star ratings in terms of amenities and comfort. However, the number of stars sometimes has no bearing on how well …
August 16, 2019
Real estate investment trusts (REITs) exhibit a bond-like sensitivity to interest rates, yet have a stock-like exposure to the performance of the economy. This year has been a banner year for REIT funds, with the Nareit All Equity REIT index …
August 15, 2019
The CEO of consultancy firm Agecroft Partners, Don Steinbrugge, recently praised Bitcoin as “fantastic technology” while discussing nontraditional investments on CNBC. He believes that it’s one of the best nontraditional investments to have in a …
August 14, 2019
Longtime activist investor Carl Icahn doesn’t think cutting the interest rate will do much for the economy. The Federal Reserve recently lowered rates by a quarter point, though many in the market had expected it to do more, sooner. Speaking on …
August 13, 2019
There is an old adage that applies to every American: No one escapes the taxman. That is, unless you are a Fortune 500 company. According to a report by the Institute on Taxation and Economic Policy, more than 60 companies have paid zero taxes for …
August 12, 2019
More than 5.3 million American homes were sold in 2018? And, 87% of people who sold their homes did it through a real estate agent. That means that less than 13% of people sold their home through various direct advertising methods to attract buyers …
August 11, 2019
When it comes to robbing banks, Brazilians think big. The largest bank robbery in Brazilian history occurred in 2005 in Fortaleza. Incredibly, the bank robbers dug a tunnel leading to the bank and stole more than $67 million in cash. In a 2017, a …
August 10, 2019
President Donald Trump imposed a $200 billion tariff Chinese exports earlier this year. Chinese Premier Xi Jinping then imposed a retaliatory $121 billion tariff on U.S. goods. And the political grandstanding continues between both countries. …
