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Keyword: investments

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  • How Election Will Really Affect Your Investments

    06/24/2016 6:49:22 AM PDT · by expat_panama · 12 replies
    Money ^ | June 22, 2016 | Taylor Tepper
    Emotions are running high in this campaign. And that—not any candidate’s policies—is the real threat to your portfolio. Here’s how to drown out the noise. Stocks will plunge if Donald Trump is elected President. And the bond market could capsize if Trump goes ahead with plans to renegotiate the national debt. Yeah, but if Hillary Clinton wins the White House, she’ll cripple the economy by hiking taxes by $1 trillion. And oh, by the way, her foreign policy will end up destroying the world. As these are actual statements made by famous investors—like billionaire Mark Cuban and Swiss investment adviser...
  • California pension investment ticks off state engineers’ union

    05/15/2016 12:47:13 AM PDT · by Tolerance Sucks Rocks · 1 replies
    The Sacramento Bee ^ | May 10, 2016 | Jon Ortiz
    Add one more investment to the list of CalPERS’ controversial investments: a privately run state highway. The retirement fund recently purchased 10 percent of Indiana Toll Road Concession Co. The firm runs a 157-mile stretch of highway that runs across northern Indiana from Illinois to Ohio. California’s state engineers’ union says it’s a horrible investment that sinks government employees’ money into a project that, ironically, is hostile to government employees. The toll-road company is the first of what fund managers anticipate will be more investments in infrastructure and transportation projects as the $291 billion system broadens its reach into those...
  • The economy and the stock market have already voted for the next president

    02/10/2016 8:52:48 AM PST · by Eccl 10:2 · 6 replies
    MarketWatch ^ | Feb 10, 2016 | Mark Hulbert
    CHAPEL HILL, N.C. (MarketWatch) ā€” New Hampshireā€™s primary results are a sideshow compared with the most important political poll of all: the stock market. Which is ironic, since ā€” in contrast to the presidential campaign so far, which has confused matters more than clarified them ā€” the stock market is voting loudly and clearly: The Republicans are likely to regain control of the White House this November.
  • Cash is way more popular than stocks or bonds

    02/05/2016 1:03:04 AM PST · by Citizen Zed · 21 replies
    cnn money ^ | 2-5-2016 | Matt Egan
    When investors are nervous, they flee risky assets like stocks for the safety of cash. That's exactly what's been happening lately. Since July 1, cash and money market funds have easily been the world's most popular asset class, attracting $208 billion of inflows, according to Bank of America Merrill Lynch. By comparison, investors have poured a relatively paltry $7 billion into stocks and yanked $46 billion from bonds. It's the latest evidence of the jitters ripping through financial markets amid crashing oil prices, a slowdown in China and soft U.S. economic activity. "The individual investor is scared by the volatility....
  • What is the best and least expensive way to buy gold for an investment?

    12/10/2015 5:23:44 PM PST · by Keli Kilohana · 80 replies
    Vanity | 12/10/15 | Keli
    What is the best and least expensive way to buy gold for an investment?
  • U.S. Producer Prices Stymied by Low Inflation

    11/16/2015 3:19:30 AM PST · by expat_panama · 15 replies
    Wall Street Journal ^ | Nov. 13, 2015 | Jeffrey Sparshott And Kate Davidson
    WASHINGTON --A gauge of U.S. business prices fell in October, the latest sign of low inflation amid cheap gasoline and a strong dollar. The producer-price index, which measures the prices companies receive for goods and services, decreased 0.4% in October, the Labor Department said Friday. Excluding the volatile food and energy categories, so-called core prices were down 0.3% from the prior month. Economists surveyed by The Wall Street Journal had expected overall prices would rise 0.2% and core prices would rise 0.1%. Overall producer prices decreased 1.6% in October from a year earlier, the 10th straight year-over-year decline and the...
  • Paris terror: The potential aftermath for markets

    11/16/2015 3:04:44 AM PST · by expat_panama · 1 replies
    CNBC World Markets ^ | November 15, 2015 | Catherine Boyle
    Friday's tragic events in Paris are set to have repercussions all over the world, and financial markets are no exception. As the dust settles from the attacks which left 129 people dead and hundreds more injured, analysts began to ponder the geopolitical and economic implications. Euronext, France's main securities market, said in a statement that business will proceed as usual --albeit with added precautions. "Markets will open as normal at Euronext on Monday," the exchange said in a statement. "Our priority is the safety of our staff and there will therefore be extra security in place in Paris on Mondayā€ˇ."...
  • Why Owning a House is Financial Suicide

    11/12/2015 11:23:52 PM PST · by Up Yours Marxists · 100 replies
    News.Com (Australia) ^ | November 13, 2015 08:32 GMT | James Altucher
    OWNING your own house is as much the Australian dream as the American dream, and it's one that feels increasingly out of reach for many. But when one user on Quora pondered whether it was ultimately better to rent or own your own home, blogger and investor James Altucher penned this highly controversial response: I am sick of me writing about this. Do you ever get sick of yourself? I am sick of me. But every day I see more propaganda about the American Dream of owning the home. I see codewords a $15 trillion dollar industry uses to hypnotise...
  • Jim Lacamp, Sr. VP of Investments at UBS talks about declining oil prices, trends in 2015.

    09/25/2015 10:10:38 PM PDT · by RaceBannon · 5 replies
    The Jacki Daily Show ^ | 02/05/2015 | Jacki Daily
    This show is from February, was this guest correct? listen in to find out! Jim Lacamp, Sr. VP of Investments at UBS talks about declining oil prices and likely price trends in 2015.
  • Dow up as China admits propping up currency

    08/27/2015 5:52:47 PM PDT · by SkyPilot · 3 replies
    WND ^ | 27 Aug 15 | Jerome R. Corsi
    U.S. stocks rallied again Thursday, with the Dow Jones Industrial Average closing at 16,654.77, up 369.26 points, as the Chinese government admitted intervening in foreign currency markets to prop up the value of the yuan. The communist government also admitted simultaneously intervening in the Chinese stock market to halt further declines. The average investor got a second breather this week as the Dow gained back Wednesday and Thursday the 1,000 points lost in opening trading Monday in a roller-coaster market that shows no signs of stabilizing. Market Watch reported the Treasury market, a comfortable haven for many nervous investors,...
  • The Troubling Decline of Financial Independence in America

    08/28/2015 10:16:19 AM PDT · by SeekAndFind · 2 replies
    Of Two Minds ^ | 08/28/2015 | Charles Hugh-Smith
    If you can't work for yourself and afford health insurance, something is seriously messed up. By financial independence, I don't mean an inherited trust fund--I mean earning an independent living as a self-employed person. Sure, it's nice if you chose the right parents and inherited a fortune. But even without the inherited fortune, financial independence via self-employment has always been an integral part of the American Dream. Indeed, it could be argued that financial independence is the American Dream because it gives us the freedom to say Take This Job And Shove It (Johnny Paycheck). This chart shows the self-employed as a percentage of those with jobs (all nonfarm...
  • Apple announces Sept. 9 event for 'iPhone 6s,' updated Apple TV at massive new venue

    08/27/2015 11:57:12 AM PDT · by Swordmaker · 60 replies
    Apple Insider ^ | Thursday, August 27, 2015 | By Neil Hughes
    Apple on Thursday sent out invitations to members of the media, making official its anticipated Sept. 9 event at San Francisco's Bill Graham Civic Auditorium. It's expected to showcase not only a next-generation "iPhone 6s" handset, but also a new Siri-enabled Apple TV set-top box. via CNBC. This year's event comes with the tagline "Hey Siri, give us a hint," likely alluding to the voice input expected to be a part of this year's revamped Apple TV. The new set-top box is also widely anticipated to feature a redesigned controller with touchpad, as well as a dedicated App Store for...
  • Believing Failed Industry Analysis

    08/27/2015 12:36:52 PM PDT · by Swordmaker · 16 replies
    TechNightOwl ^ | August 27th, 2015 | Gene Steinberg
    If you can believe what some industry analysts have been saying, Apple should now be playing third fiddle in the smartphone wars. Android and Windows Phone would be ahead of iOS. Apple would, I suppose, be destined to fall back into niche status. Have you looked at the Windows Phone and BlackBerry market shares lately? Have you noticed how Microsoft is quickly unraveling the failed Nokia handset division purchase? Have you noticed how thousands of brand new Microsoft employees are being consigned to the unemployment lines? So do you believe those predictions? There’s one more. IDC, part of IDG, which...
  • Wall Street in free-fall as traders ditch stocks amid global rout (Dow Down 921/6%)

    08/24/2015 6:36:42 AM PDT · by C19fan · 94 replies
    Yahoo Finance ^ | August 24, 2015 | Adam Samson
    Wall Street plummeted early Monday as traders aggressively sold stocks and bid-up only the safest asset classes. The Dow Jones Industrial Average tumbled 577 points, or 3.5%, to 15843, the S&P 500 plunged 77.5 points, or 3.9%, to 1884, and the Nasdaq Composite dived 412 points, or 8.7%, to 4295
  • Report: Homeland Security Official Used Improper Influence

    03/24/2015 11:21:00 AM PDT · by E. Pluribus Unum · 15 replies
    ABC News ^ | 03/24/2015 | ALICIA A. CALDWELL
    The No. 2 official at the Homeland Security Department improperly intervened on behalf of foreign investors in three cases involving the U.S. government soliciting investments in exchange for American visas, the agency's inspector general said Tuesday. Investigators said he helped secure the visas, and created the appearance of favoritism and special access. The investigation could not suggest a motive for the official's involvement.
  • Snoop Dogg: Unload Your 401K, Refuse to Invest in Gun Companies

    03/09/2015 3:42:02 PM PDT · by 2ndDivisionVet · 51 replies
    Breitbart's Big Hollywood ^ | March 9, 2015 | AWR Hawkins
    Rapper Snoop Dogg is part of new UnloadYour401K campaign aimed at getting hard-working Americans to call their financial advisers and get rid of any and all investments in gun companies. Snoop Dogg appears in a video for the campaign in which he says, “I’ve been affected by gun violence over the years, just through the deaths of friend and family members, and associates.” In another portion he appears again, this time holding a white sign with “#ImUnloading” emblazoned upon it. He says, “I’m unloading for my love ones that I lost.” Singer/Songwriter Jhene Aiko also appears in the #ImUnloading video....
  • Where the Rich Park Wealth

    12/30/2014 5:38:54 AM PST · by SeekAndFind · 10 replies
    Barron's ^ | 12/30/2014 | Robert Milburn
    Don’t invest in your home, don’t even invest heavily in the stock market, but invest instead in yourself and the fruits of your work. That’s the path to serious riches – and what America’s wealthiest do.That at least is what emerges from the research of Edward Wolff, the economist at New York University. His study, based on Federal Reserve stats, shows that the top 1%— worth $7.8 million or more— keep nearly half of their wealth tied up in their closely-held businesses. This is not an entirely novel revelation. The Wolff study underscores what Penta previously noted in our blog...
  • FORGET GOLD: Here Are 11 Odd Items People Use To Store Their Wealth

    10/22/2014 7:23:19 AM PDT · by blam · 46 replies
    BI ^ | 10-22-2014 | Akin Oyedele
    Akin Oyedele October 22, 2014"Gold gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." That's what Warren Buffett said back in 1998. Gold has long been considered a safe-haven investment. However, the price of gold has performed dismally in recent years. For those who don't trust the conventional financial markets, there are alternative more unorthodox ways to put away wealth. We put together a list of some...
  • The Need to Eliminate FIRPTA

    06/23/2014 10:14:26 AM PDT · by Parmenio · 3 replies
    GlobeSt..com ^ | June 4, 2014 | James Nelson
    In my last two blog posts, I have been critical of the government on New York City property taxes and the proposed reduction of the 1031 exchange. For a change, I wanted to voice my support for a potential tax revision regarding the Foreign Investment in Real Property Tax Act (FIRPTA). This tax would greatly boost foreign investment in US properties, and lead to job creation, stimulation of the economy and further increase property values. On March 29th, President Obama released major proposals to encourage private investment in US infrastructure as part of a proposed Rebuild America Partnership. For international...
  • How to Use This Shockingly Simple Method to Immediately Improve Your Investment Returns

    05/03/2014 10:19:54 AM PDT · by SeekAndFind · 15 replies
    Townhall ^ | 05/01/2014 | Nicholas Vardy
    You may already be familiar with the catchy bit of investment advice to “sell in May and go away.” Historically, the first day of May kicks off a seasonally weak period for stock prices that lasts through October. That also means that most of the gains in the U.S. stock market come from the period between the start of November and the end of April. This implies a shockingly simple strategy: Invest in an index fund during November through April and then switch into money market funds until the next November, and you’ll be much better off than an investor...
  • Get Ready for Regulators to Peer Into Your Portfolio

    05/03/2014 9:08:48 AM PDT · by Innovative · 27 replies
    Wall Street Journal ^ | jason Zweig
    In December, the Financial Industry Regulatory Authority, which oversees how investments are sold, proposed what it calls Cards, an electronic system that would regularly collect data on balances and transactions in brokerage accounts. But some critics think it could endanger the privacy and security of investors’ confidential data. Under Cards (which stands for Comprehensive Automated Risk Data System), Finra would collect—probably weekly—a record of activity at all of the more than 4,100 brokerage firms nationwide.
  • Global super rich eye office blocks over mansions as wealth hits $20 trillion

    03/04/2014 11:27:04 PM PST · by 2ndDivisionVet · 7 replies
    LONDON - The world's super rich are turning from luxury mansions to hotels and office blocks, as they hunt for bigger property deals to preserve their growing fortunes which hit a combined $20 trillion (11.99 trillion pounds) in 2013, data showed on Wednesday. The move into commercial property comes as wealth levels rebound after the financial crisis and home values in London and Monaco soar, prompting the rich to look for riskier investments that offer higher returns than gold or bonds. Wealthy individuals spent $11.2 billion on hotels, offices, warehouses and shops globally in 2013, up from $7 billion in...
  • Vanity: Seeking advice on buying silver

    02/14/2014 6:43:09 PM PST · by Kolath · 68 replies
    Kolath | 02/14/2014 | Kolath
    Looking into buying silver and needed advice (do's and don'ts). Was thinking of both 1oz and fractional coins (1/2, 1/4 and 1/10 an oz). Where can I buy (recommendations) and how can I properly store them? Was looking to spend under 1k.
  • Financial Advice - Vanity

    01/31/2014 8:58:25 PM PST · by Rural_Michigan · 48 replies
    I spend a lot of time browsing FR, and have noticed a lot of FReepers have a lot of knowledge/opinions pertaining to finances. There also appears to be a good number of Freepers who are about retirement age with a good conservative viewpoint. Taking into consideration current events and the steady devaluation of the dollar, my question to the experienced Freepers out there is this: Let's say you're 25, are debt free, make no car payments, earn O-2 pay and are unmarried. You don't have any retirement accounts but are apprehensive of starting an IRA or contributing to a Thrift...
  • New York lawmakers bite hard on Bitcoin: why that's good for investors (+video)

    01/30/2014 8:30:27 AM PST · by Errant · 1 replies
    Christian Science Monitor ^ | 29 January 2014 | Gloria Goodale
    As two days of hearings on the future of digital currencies – think Bitcoin – wrapped up Wednesday in the New York State Legislature, fans of the cyber-cash were getting both bad and good news. Supporters who are drawn to Bitcoin because it largely functions outside governmental control may have been dismayed at the attempt to corral the currency inside state guidelines for the handling of money. But, at the same time, say experts, the simple act of enacting regulations bestows the legitimacy the digital currency needs to become widely used. “Most of the folks in this market who are...
  • ObamaCare Raises Health Insurance Premiums, Especially For The Young [Consequences Happen]

    12/19/2013 2:50:46 PM PST · by SES1066 · 10 replies
    Forbes Magazine ^ | 12/05/2013 | Matthew Herper
    The Affordable Care Act has dramatically increased the cost of buying a health insurance plan on the individual market in California, Texas, Florida, New York, Illinois, Georgia, and North Carolina, states that account for more than half of America’s uninsured adults, according to a study by Sector & Sovereign, a sell-side firm that focuses on advising investors what sectors to put their money in. Worse, the firm argued in a note earlier this week, the increases in cost are most substantial for the young. According to S&S, the average deductible – the amount of money you spend out of pocket...
  • Daily finance & investment thread (3-20-13 edition)

    03/20/2013 7:23:52 AM PDT · by dennisw · 2 replies
    3-20-13
    Daily finance & investment thread (3-20-13 edition) Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals...
  • Daily finance & investment thread (3-8-13 edition)

    03/08/2013 4:14:39 AM PST · by dennisw · 13 replies
    3-8-13
    Daily finance & investment thread (3-8-13 edition) Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals...
  • Daily finance & investment thread (3-7-13 edition)

    03/07/2013 6:37:45 AM PST · by dennisw · 10 replies
    3-7-13
    Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals blogs and sites Apmex.com is a solid...
  • Daily finance & investment thread (3-6-13 edition)

    03/06/2013 2:05:00 AM PST · by dennisw · 13 replies
    3-6-13
    Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals blogs and sites Apmex.com is a solid...
  • Daily finance & investment thread (3-5-13 edition)

    03/04/2013 9:44:26 PM PST · by dennisw · 12 replies
    3-5-13
    Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals blogs and sites Apmex.com is a solid...
  • Daily finance & investment thread (3-2-13 edition)

    03/02/2013 5:39:14 AM PST · by dennisw · 11 replies
    3-2-13
    Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals blogs and sites Apmex.com is a solid...
  • Kerry Has Investments in Companies Accused of Violating Iran Sanctions

    12/21/2012 10:50:39 AM PST · by Sub-Driver · 22 replies
    Kerry Has Investments in Companies Accused of Violating Iran Sanctions Daniel Halper December 21, 2012 12:59 PM John Kerry, who will be nominated later today to be the next secretary of state, is the richest member of the U.S. Senate. His estimated net worth is, at minimum, $198.65 million, according to disclosure forms. Kerry's disclosure forms also reveal that he has invested in companies accused of doing business with Iran. One of the companies Kerry is invested in is called Petroleo Brasileiro SA Petrobras (Petrobras), it's a Brazilian-based oil and gas corporation. Disclosure forms reveal that Kerry has between $150,000...
  • Daily finance & investment thread (2-28-13 edition)

    02/27/2013 11:19:24 PM PST · by dennisw · 14 replies
    2-28-13
    Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals blogs and sites Apmex.com is a solid...
  • Daily finance & investment thread --- edition for 2-27-13

    02/26/2013 9:15:54 PM PST · by dennisw · 30 replies
    2-27-13
    Trying to focus on the markets for today and each day and the economic news A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism. If you see another FR economic thread you like and want to link to it here, please do Post your favorite economic site links. Your favorite precious metals blogs and sites Apmex.com is a solid...
  • The Final Economic Countdown

    02/18/2013 10:16:44 AM PST · by blam · 5 replies
    TMO ^ | 2-18-2013 | Alasdair Macleod
    The Final Economic Countdown Politics / Global EconomyFebruart 18, 2013 - 12:11 PM GMT By: Alasdair Macleod Governments have refused to accept the necessity of a period of economic re-adjustment following the credit-bubble. The bubble burst about five years ago and economic progress has been effectively suspended ever since. The consequences of this refusal to accept reality are at a minimum to make this adjustment unnecessarily drawn out and needlessly painful, without offering a better eventual outcome. Reduced to its bare bones, the choice has been either to accept that unviable businesses and over-extended banks must go bust, or to...
  • Huge Defense Sector Cuts, What This Means for Your Investments

    02/16/2013 10:46:26 AM PST · by blam · 23 replies
    TMO - InvestmentContrarian ^ | 2-13-2013 | Sasha Cekerevac
    Huge Defense Sector Cuts, What This Means For Your Investments Companies / Sector AnalysisFebruary 16, 2013 - 11:44 AM GMT By: InvestmentContrarian Sasha Cekerevac writes: March 1 is a very big day for many people. Unless Obama and the Republicans make a deal prior to that date, billions of dollars in spending cuts will be enacted. Of all the areas that will be hit, I think the defense market sector will bear the brunt of the cutbacks and the future viability of corporate earnings in this sector is certainly in doubt. At this point, Pentagon officials are now planning for...
  • Obama Called Cayman Island Investments 'The Biggest Tax Scam on Record' (2008 video)

    02/11/2013 5:31:26 PM PST · by Nachum · 9 replies
    The Weekly Standard ^ | 2/11/13 | DANIEL HALPER
    In the 2008 presidential campaign, Barack Obama called Cayman Island investments "the biggest tax scam on record." Now, in 2013, President Obama has nominated Jack Lew, who had $56,000 in Cayman Island investments, to be the next secretary of Treasury. Here's Obama making the claim in 2008:
  • I Told You So! Of Course Washington will Steal Your Retirement Benefits

    12/22/2012 6:21:04 AM PST · by Renfield · 48 replies
    The Daily Bell ^ | 12-6-2012 | Ron Holland
    Today the twin fake memes of a "Fiscal Cliff" and "Austerity" are combining to create a contrived excuse to tax and steal far more of your wealth and income, including your retirement benefits. The press is filled with articles and editorials like one recently at CNBC entitled "Amid Tax Talks, a cry of 'Save My 401(k)'." Many retirement, offshore and political experts including Jeff Berwick, Larry Grossman and others are now warning how government revenue needs and austerity measures by the Obama Administration today threaten the private retirement system and benefits of millions of successful Americans. Back on January 28,...
  • Susan Rice’s Enrichment Program...Rice has investments in companies doing business with Iran

    11/29/2012 3:05:04 PM PST · by Beave Meister · 7 replies
    The Washigton Free Beacon ^ | 11/29/2012 | Adam Kredo
    The portfolio of embattled United Nations Ambassador Susan Rice includes investments of hundreds of thousands of dollars in several energy companies known for doing business with Iran, according to financial disclosure forms. Rice, a possible nominee to replace Secretary of State Hillary Clinton when she steps down, has come under criticism for promulgating erroneous information about the September 11, 2012, attacks in Benghazi, Libya, that killed four Americans. Rice has the highest net worth of executive branch members, with a fortune estimated between $24 to $44 million, according to the Center for Responsive Politics. A Free Beacon analysis of Rice’s...
  • Dark Ages Investment Strategies? (Vanity)

    11/09/2012 9:49:38 AM PST · by Springfield Reformer · 20 replies
    self | 11/09/2012 | Springfield Reformer
    Despite the strong emotions of the moment, the reality is that we have to get through this. Whether we are in for a short or a long winter is unknown, and dependent entirely on the mercy of God. Still, it should be the objective of each of us to not merely survive, but to flourish during these dark times. With that in mind, I have a question for our financial experts. I am being given an opportunity to convert a service annuity into a lump sum payment. The lump sum is equal to twelve years of pension payments. I hope...
  • Romney says Obama also has investments in Chinese companies and through a Cayman Islands trust

    10/18/2012 2:08:56 PM PDT · by Beave Meister · 11 replies
    One of the many tense moments in the second presidential debate turned on a new topic in the race: President Barack Obama’s pension account. Here’s how it came up: Early in the face-off, Obama scoffed at Mitt Romney’s pledge to crack down on unfair trading practices by China, saying Romney is currently invested in companies "that are building surveillance equipment for China to spy on its own folks." Romney later explained that, yes, he understands that his blind trust has invested in foreign firms, including companies in China. Then he confronted Obama. Romney: "Mr. President, have you looked at your...
  • SEI Survey: Advisors Gaining Confidence in Romney Victory

    09/20/2012 9:29:41 AM PDT · by 2ndDivisionVet · 10 replies
    Equities ^ | September 20, 2012
    In a surprising shift, the majority of financial advisors (52 percent) now believe Mitt Romney will win the 2012 presidential election, according to an SEI (NASDAQ: SEIC) Quick Poll released today. This is a significant change in sentiment from a similar poll conducted by SEI in May, where nearly 2 in 3 advisors (63 percent) believed President Barack Obama would win. The number of advisors who want Romney to win remained unchanged at 74 percent. The results point to a growing confidence in a Romney victory among financial advisors despite a slight bump in most national polls for Obama following...
  • The Ten Investments That Made Paul Ryan A Millionaire

    09/02/2012 5:35:43 PM PDT · by SeekAndFind · 56 replies
    Business Insider ^ | 09/02/2012 | Walter Hickey
    Thanks to the personal finance disclosure that members of congress are required to submit — and the folks at the Center for Responsive Politics who maintain a database of the documents — we were able to look into the investment decisions of Wisconsin Congressman Paul Ryan, who as of last week, is now the official Republican vice presidential nominee. According to the documents, Ryan has benefited from a number of trusts and inheritances that make up most of his wealth, but his investments over the years have cemented his net worth somwhere between $927,000 and $3.2 million. A brief stint...
  • The Obama Campaign’s ‘Investments’ (Will they pay off down the road?)

    08/30/2012 9:43:00 AM PDT · by SeekAndFind · 3 replies
    National Review ^ | 08/30/2012 | Jonah Goldberg
    I keep hearing defenders and even objective analysts saying that the Obama campaign’s financial “burn rate” isn’t that big a problem because the Obama campaign is making long term “strategic investments” in “infrastructure” that will pay off down the road (Sound familiar?). Here’s Obama campaign press secretary Ben Labolt: “Since we knew from the outset that Republican super PACs would likely outspend us on the air, we made a decision to invest early in building the largest grassroots campaign in history so that our supporters could engage in 500 days of persuasion with their networks.” I have three responses to...
  • Dem. Chair Invested in Swiss Banks, Foreign Drug Companies, and the State Bank of India

    07/10/2012 3:42:05 PM PDT · by BarnacleCenturion · 53 replies
    weeklystandard.com ^ | DANIEL HALPER | JUL 10, 2012
    Disclosure forms reveal that Democratic National Committee chair Debbie Wasserman Schultz, a member of Congress from Florida, previously held funds with investments in Swiss banks, foreign drug companies, and the state bank of India. This revelation comes mere days after the Democratic chair attacked presumptive Republican presidential candidate Mitt Romney for holding money in Swiss bank accounts in the past. "Americans need to ask themselves, why does an American businessman need a Swiss bank account and secretive investments like that?" the DNC chair, a chief surrogate for President Obama's reelection team, said on Fox News Sunday two days ago. "Just...
  • Get Ready for the New Investment Tax

    06/29/2012 1:19:19 PM PDT · by ColdOne · 12 replies
    wsj ^ | 6/29/12 | LAURA SAUNDERS
    It really is happening. Until this week, investors were waiting to see what the Supreme Court would do about the 3.8 percentage-point surtax on investment income, part of President Obama's health-care overhaul. The Internal Revenue Service hasn't yet released guidance on the new tax. So when the court affirmed the law on Thursday, investors—and tax advisers—started scrambling.
  • Chu: I give myself an A-minus on managing taxpayer investments

    03/01/2012 11:07:20 AM PST · by Nachum · 17 replies · 1+ views
    Hot Air ^ | 3/1/12 | Ed Morrissey
    Consider this your spit-take moment of the day. After overruling Department of Energy auditors and losing $535 million on Solyndra, as well as a number of other green-tech flops, Energy Secretary Stephen Chu gives himself a pretty good grade as a steward of public funds. In fact, after Rep. Paul Broun (R-GA) asks him to assign himself a grade, Chu goes one better than Barack Obama’s one-year self-assessment of a “good, solid B-plus”:
  • Uncle Sam’s Fire Sale. Minimum Investment: $1 Billion (Crony Capitalism)

    02/22/2012 4:17:31 PM PST · by blam · 8 replies
    The Daily Reckoning ^ | 2-22-2012 | Addison Wiggin
    Uncle Sam’s Fire Sale. Minimum Investment: $1 Billion By Addison Wiggin 02/22/12 Baltimore, Maryland – In my investment letter, Addison Wiggin’s Apogee Advisory, we spend a great deal of time, money and resources looking for new investment ideas that our subscribers can act on independently. Sometimes what we find instead is outrage.For example, the federal government is about to dump millions of the foreclosed homes at fire-sale prices to hedge funds and private-equity firms with government connections. If you’re an individual investor who might like to get in on the action, forget it! You’re shut out of this deal. Homeowners...
  • Feds OK with leftover campaign money being invested

    02/07/2012 10:40:50 AM PST · by afraidfortherepublic · 3 replies
    Wisconsin Reporter ^ | 2-6-12 | Ryan Ekvall
    MADISON — Candidate committees can rack up cash in a hurry, especially during a high stakes race. And provisions in election law allow campaigns to invest campaign funds, bolstering — or diminishing — contributions. In the 2011-12 election cycle, U.S. Rep. Paul Ryan, R-District 1, raised nearly $2.5 million, according to filings with the Federal Election Commission. At the end of 2011, his candidate committee held $4.6 million. In early 1999, Citizens for Arlen Specter, the campaign for the former U.S. senator from Pennsylvania, sought the opinion of the FEC to determine what could be done with his excess cash,...