The US Global Jets exchange-traded fund, ticker JETS, notched its 64th day of inflows Tuesday, bringing total assets to more than $US1 billion, according to Bloomberg data. That’s a surge of nearly 3,000% in just three months – in early March, the fund had only $US33 million. The boost has […]
President Donald Trump's financial disclosure...
A $16 billion asset sale in Western Australia has been cancelled following Labor’s win at the state election at the weekend. The sale included the state’s electricity generator Western Power for about $12 billion and Horizon Power’s transmission and distribution assets in the Pilbara. The sales were announced at the […]
Anyone can get rich ... for a little while...
Phone towers and landline business up for grabs.
Gwyneth Paltrow, 41, and Chris Martin, 37...
US assets are popular again
Its diverse asset portfolio is paying off.
While the rich got richer.
Economic and financial market bubbles are scary things.
[credit provider=”www.cbsnews.com” url=”http://www.cbsnews.com/8301-505383_162-57373393/person-to-person-warren-buffett/”] Month after month, many individuals look at their bank and credit statements and are surprised that they spent more than they thought they did. To avoid this problem, one simple method of accounting for income and expenditures is to have personal financial statements. Just like […]
[credit provider=”Meetup.com “] Remember Anthony “A.J.” Klatch II?In case you don’t, he’s the possibly bi-polar 28-year-old with a “genius IQ” who defrauded investors out of $2.3 million and then bought himself a bunch of fancy cars and a condo.
[credit provider=”Flickr/Vassilis Online” url=”http://www.flickr.com/photos/vassilisonline/7226787168/”] Asset allocation is the centrepiece of any investment plan, whether it’s for an individual or an organisation.People typically set their asset allocation based on traditional assumptions — many of which may be badly out of date in today’s unusual financial environment.
[credit provider=”Camilla Webster ” url=”http://www.camillawebster.com/”] Excerpt with permission from The Seven Pearls of Financial Wisdom.There are millions of articles on the Webencouraging investors to buy the same stocks as Bill Gates, Warren Buffett, or Carlos Slim, the world’s wealthiest billionaires.
[credit provider=”Dailymotion/CN24″] Italian police have confiscated assets worth 330 million euros ($419 million) and more than 200 properties from jailed mob businessman Gioacchino Campolo, AFP reports.Campolo, 72, was dubbed the “King of Videopoker” after he made his fortune from a decade of running tampered slot machines. In 2011, he was […]
Amid elevated market uncertainty, investors have been clamoring to get their hands on so-called “safe assets,” privately and publicly issued securities with little risk used to hedge against more volatile investments.