Month: January 2019

Super-wealthy investors are making some changes to their portfolios for 2019. They are increasing their cash holdings and reducing their equity exposure. They are also cutting back on some of their real estate investments and finding a “short-term solution” in fixed income, according to Michael Sonnenfeldt, founder of investment club Tiger 21. “There’s a lot
0 Comments
HumanityPexels.com The next big tech trend is humanity, was a big theme coming out of the World Government Summit in Dubai in February 2018, delivered by an all-star cast including Narendra Modi, Christine Lagard, Malcolm Gladwell and will.i.am. I found it very refreshing despite being the only “adult supervision” on a cryptocurrency panel talking about
0 Comments
Home flipping has increased over 63% in Raleigh, North CarolinaGetty Here’s the latest news on flipping homes for quick profits. The heady days of the home flippers in major cities are winding down as market fundamentals flip themselves. During real estate’s halcyon days flippers seem just to appear. These include long time and experienced developers,
0 Comments
The rise in virtual doorman apps are making life a lot easier for those living in non-service buildings.Getty Missed package deliveries and broken entryway buzzers have been universal problems for New Yorkers who don’t have a doorman for ages. Thanks to some clever new tech ventures, however, relief is spreading throughout the Big Apple’s non-service buildings. The
0 Comments
Economist Larry Summers has advised Democratic presidents, but he’s not ready to jump behind Democratic Sen. Elizabeth Warren’s proposed wealth tax. Warren, of Massachusetts, is a prominent voice in the party’s liberal wing and is exploring a run for president. Her proposal, which she is calling an ultra-millionaire tax, would apply to Americans with more
0 Comments
Wheels Up has hired bankers for “strategic initiatives” that could include acquisitions, the company’s CEO told CNBC. “We have hired advisors to assist us with our pursuit of strategic initiatives that include exploring acquisition opportunities and expansion of our digital platform,” Wheels Up CEO Kenny Dichter told CNBC in a statement Wednesday evening. “Our plan
0 Comments
Potential borrowers should ask lenders to provide a range of options to consider around different variations for up-front costs and lender’s margins.Retirement Researcher The discussion of reverse-mortgage costs has several moving parts. Which type of cost combination to choose depends on how you plan to use the line of credit during retirement. Let me reveal
0 Comments
Photo Credit: GettyGetty You’ve read the headlines: 99.5% of people were rejected for student loan forgiveness. Here’s what to do about it so you never get rejected for student loan forgiveness again. Student Loan Forgiveness When it comes to Public Service Loan Forgiveness, it’s not as simple as saying you “work” in public service. The
0 Comments
PNC Financial sees signs that January’s market rally could go bust. According to its co-chief investment strategist, one of the firm’s key short-term indicators is flashing a sell-off signal. “Ninety percent of stocks are now above their one-month highs. Typically, that leads to a little bit of a slowdown,” Jeffrey Mills said Tuesday on CNBC’s
0 Comments