Traders think the decline in oil prices is over.
Read more: http://tinyurl.com/pm2j9s5
Traders think the decline in oil prices is over.
Read more: http://tinyurl.com/pm2j9s5
The MacArthur Foundation gave out its latest batch of “genius grants” yesterday, recognizing “exceptional creativity in their work and the prospect for still more in the future.”
Read more: http://tinyurl.com/ow2tylb
When investing in an asset class, it is very important to determine your exit strategy before taking any action. One school of thought is to buy an investment and hold onto to it forever. This has been made popular by Warren Buffet.
In recent years, stock markets have become much more volatile than say 30 years ago and some have questioned whether this method still works today. I realize that there are two schools of thought here regarding stocks and will leave that for others to debate but I am here to present my thoughts regarding real estate.
If you are constantly flipping properties, you must keep doing it to maintain a cash position as there is no cash flow in flipping. Furthermore, there are commissions, taxes and other unforeseen expenses which can eat into one’s bottom line.
If however, you purchase a property in a strong market with a solid cash flow, this method is probably the simplest and effective way to preserve wealth. A rising tide lifts all boats and your risk is diminished. It is by no means as appealing from an emotional perspective but it has undisputed bottom line results which are proven the world over!
I’m being hyperbolic. A little.
Today is the last–and most major–implementation date for new derivatives trading rules in the U.S.
Read more: http://tinyurl.com/q9x2uf6
TORONTO – The Bank of Canada will have the full attention of traders this week when it makes its next scheduled announcement on interest rates.
Part of the announcement on Wednesday is a foregone conclusion — the bank will leave its key interest rate unchanged at one per cent, the same level it has been for two-and-a-half years because of economic weakness here and around the globe.
Read more: http://tinyurl.com/cvds5k2
The world is increasingly saturated with hitherto scarce high-quality light crude with Europe’s market to join the United States in a surplus, traders say, predicting a scramble to export to Asia and a global shortage of once abundant heavy oil.
The shale oil boom has pushed U.S. production to the highest in more than 15 years and sharply cut its appetite for oil from Nigeria or Algeria as most of its domestically produced barrels are similarly light and low-sulphur, or sweet.
Now, it is Europe’s turn to feel the same impact even without a U.S.-style shale boom.
Read more: http://tinyurl.com/c5f6utc