By Steve Selengut | August 30, 2018 Several years ago, while fielding questions at an AAII (American Association of Individual Investors) meeting in Northeast NJ, a comparison was made between a professionally directed “Market Cycle Investment Management” (MCIM) portfolio and any of several “High Dividend Select” equity ETFs. My response was: what’s better for retirement… Read More »
By Erik Gordon | August 28, 2018 Elon Musk shocked the world – including his own car company’s board – on Aug. 7 when he tweeted that he had the “funding secured” to take Tesla private. A little more than two weeks of uncertainty, confusion and a wildly fluctuating stock price later, the billionaire entrepreneur… Read More »
The national flags of Canada, from left, the U.S. and Mexico, are lit by stage lights before a news conference at the start of North American Free Trade Agreement renegotiations in Washington. But Canada’s status is now unsure after the U.S. and Mexico announced progress on a bilateral deal. AP Photo/Jacquelyn Martin Drew Fagan |… Read More »
By Greg Williams | August 28, 2018 “Wow! That was a fantastic negotiation! It’s almost like you had him dancing on a string. How did you learn to become such a powerful negotiator?” Those were the admiring sentiments bestowed on a senior member of a negotiation team by his junior. Do you know how to be… Read More »
CAPITALISM: You have two cows. You sell one and buy a bull. FASCISM: You have two cows. The State takes both of them and sells you the milk, and you cannot refuse to buy. SOCIALISM: You have two cows. The state takes one and gives it to someone else. COMMUNISM: You have two cows. The… Read More »
By Benjamin J. Cohen | August 22, 2018 Venezuela recently announced one of the most dramatic currency reforms in history in a move that essentially devalues the bolivar by about 95 percent. Its ironically named bolivar fuerte, meaning “strong,” first introduced 10 years ago, will be replaced by a new “sovereign” version at a conversion… Read More »
In 138 BC China took its first step towards global connectivity with the establishment of the historical Silk Road. Zhang Qian was sent by Emperor Wudi to Central Asia to establish trade relationships. His historic missions enabled China to make contact with the outposts of Hellenic civilisation established by Alexander the Great. These efforts enabled… Read More »
Greece nearly crashed out of the eurozone in 2015. Bill Anastasiou / Shutterstock.com By Dimitrios Syrrakos | August 20, 2018 After nine years of unprecedented peacetime economic hardship, Greece exits its IMF bailout programme on August 20. So ends a series of three bailouts organised by the so-called troika of the IMF, European Central Bank… Read More »
By Daniel Joelson | August 20, 2018 Emergency financial situations can happen to anybody and any financial arrangement exercise is not ideal without planning for such occasions. The whole idea of having an emergency fund is to offer a cushion against any unexpected expense. This will ensure it does not have any negative impact on… Read More »