By Rick Orford Originally published on The Financially Independent Millennial and repubished with permission It’s common knowledge that millionaires handle their money differently than many, but what’s their secret? Does education have anything to do with it? Some say that you have to work hard, and others suggest saving every penny. But, which one is right for you? In this article, I interviewed these 25 millionaires and asked them a very basic question: “As a millionaire, … [Read more...]
Famous buildings don’t just document the past, they also tell the future
Originally published on Ethical Economics -- Shepheard-Walwyn Publishers Republished with permission. It’s a well-known fact that the world’s most renowned construction projects, monuments and buildings have historically been built to celebrate something. To commemorate the past, in other words. Whether they are ancient works, like the Great Pyramids of Giza being used to celebrate the glory of the Egyptians pharaohs, or more recent creations like Gateway Arch in St. Louis, Missouri, … [Read more...]
US Fed chairman Jerome Powell’s take on inflation doesn’t matter! Find out why!
By Darren Wilson Originally published on Property Sharemarket Economics. Republished with permission. Canberra, Australia, 9 August 2021 - I recently hosted a webinar for subscribers to Boom Bust Bulletin. I was joined by Property Sharemarket Economics Director, Akhil Patel. During the webinar we encouraged attendees to ask questions for Akhil and me to answer. And there was a recurring theme to these: people wanted to know about debt, inflation, and interest rates both now and for the … [Read more...]
Why Is Facebook Stock Surging?
Originally published on investing.com Not too long ago, Facebook (NASDAQ:FB) was mired in scandal, but considering the stock’s powerful rally this year, one can only concluded that investors have very short memories. Beginning in early 2018 the Menlo Park, California-based company's outlook became bleak, as politicians and regulators began scrutinizing Facebook after news of a massive data breach raised concerns regarding user privacy. As well, there were allegations of manipulation of its … [Read more...]
U.S. Dollar Tanks As Traders Worry About More Job Losses
By Kathy Lien Originally published on investing.com The U.S. dollar traded lower against all of the major currencies today after jobless claims topped 3.2 million. We’ve never seen weekly jobless claims at these levels before. They are more than four times greater than the prior high set in October 1982 and double the 1.5-million forecast. In anticipation of this blowout report, Federal Reserve Chairman Jerome Powell gave a rare broadcast interview on NBC’s Todayshow this morning to … [Read more...]
Gold Prices Fall as Uncertainty Over Sino-U.S. Trade Progress Continues
Originally published on investing.com Prices of the safe-haven gold fell on Friday in Asia as traders continued to monitor Sino-U.S. trade news. The U.S. Gold Futures fell 0.4% to $1,477.45 by 1:42 AM ET (05:42 GMT). On Thursday, U.S. President Donald Trump said trade talks were "moving right along", pushing global equities higher. Uncertainties over a deal remained, as the president’s comments this week sent mixed signals regarding the trade talk progress. Trump said overnight that … [Read more...]
Why trading forex is similar to owning your business
Originally published on Cascade Business News Trading Forex has never been so popular ever before. This year, the global foreign exchange market has reached the highest level it has ever had before at $6.6 trillion traded every day, according to the Bank for International Settlements. It is, perhaps, the most popular way to make a living these days for over 43% of millennial Forex traders and 15% of over 45 traders. Moreover, the Forex market has also experienced a rise in the number of … [Read more...]
Staying Optimistic
By Felicia Yulianti Writer at ALVEO Despite the current fluctuated world economy, Nguyen Ngoc Minh is confident about the future of the capital market in the archipelago. As Business Development Manager of Cyber Futures, Nguyen Ngoc Minh is aware of the potentials that Indonesia as the largest market in Southeast Asia has to offer. The following is an excerpt of the interview where he talks about his career and more. Could you tell us a bit about your career? I started to embark … [Read more...]
Cashing in from ‘sunrise property’ attractive option
By Aulia R. Sungkar. Originally published in The Jakarta Post, on January 9, 2015. Sunrise property' is the current trend in property development, especially in commercially immature areas. If you live in a city, chances are that you have seen promotional material offering what has recently been referred to as 'sunrise property', a phrase used to describe properties sold in lucrative areas capable of generating huge profits. Currently, a number of mass media, textbooks and brochures … [Read more...]
Sotheby’s finest & rarest wines achieve high prices
Sotheby’s two wine auctions achieved a combined total of HK$35.2 million / US$4.5 million, exceeding the combined pre-sale estimate (HK$26 million / US$3.4 million). The top lots for each sale were Romanée-Conti 1989 (1 methuselah - 6 liters) which sold for HK$875,000 / US$112,179 (Est. HK$500,000 - 800,000 / US$65,000 – 100,000), and Hermitage La Chapelle, Paul Jaboulet Aîné 1961 (6 bottles) which fetched HK$735,000 / US$94,231 (Est. HK$280,000 – 380,000 / 35,000 – 50,000) … [Read more...]