Month: June 2018

Last year, the housing industry reached an 11-year high for residential construction in the United States. In fact, recent reports show that the inventory on the housing markets reached all-time lows. For this reason, prospective homebuyers are considering more now to build a new home due to the limited availability of residential homes and higher
0 Comments
A Target Date Fund (TDF) combines a variety of investment strategies into one mutual fund. The concept is that investors, based on their target date of retirement, can simply select one mutual fund that will be managed for them during their entire life. This is because the asset allocation and investments inside the TDF will
0 Comments
Medicine is expensive. From family physician visits to consultations with specialists to prescription drugs, long life is a major investment. But what if there was a free wonder drug that warded off everything from dementia and high blood pressure to diabetes and osteoporosis? Well, doctors and scientists say there is. It’s exercise. And they’re finding
0 Comments
Hilda Bacardi yesterday sold her Coral Gables home for $19 million. Hilda Maria Bacardi, whose family owns the world’s largest privately held liquor company, sold her 12-bedroom mansion on the water in Florida’s Coral Gables yesterday to an undisclosed buyer for $19 million. The Mediterranean-style house has a multi-lane lap pool and separate quarters for live-in
0 Comments
Tesla may start turning a profit as early as this year, automotive analyst Jamie Albertine told CNBC. “Based on what we’re seeing in the trajectory of production, we think they will be profitable on a non-gap basis later this year,” Albertine said Friday on “Power Lunch.” “We think we’ll be testing $385 [price target], on
0 Comments
While mostly tallying overall gains, the majority of Berkshire Hathaway Chairman and CEO Warren Buffett (Trades, Portfolio)’s largest portfolio holdings, which represent more than half of assets, have underperformed the year-to-date return of the S&P 500. Versus a 1% increase in the index, Wells Fargo & Co. has declined 10.7%, Bank of America Corp. 5.9%, The Kraft Heinz
0 Comments
U.S. stock investors aren’t the only ones suffering from anxiety over the Trump administration’s trade policies. China’s Shanghai composite is tracking for its worst year in seven after falling 8 percent in June, amid escalating trade tensions and Beijing’s efforts to reduce reliance on high debt levels. A relentless six-week selling streak has sent the
0 Comments
AP Photo/Victor R. Caivano On July 9th, Argentina will celebrate its 202nd birthday. The biggest spoiler during the festivities will be the beleaguered peso. It’s not the first time the peso has been a spoiler. Since its founding, Argentina has been burdened with numerous economic crises. Most can be laid at the feet of domestic
0 Comments
Domino’s Pizza CEO Patrick Doyle will step down from his post this weekend but analyst Matthew DiFrisco told CNBC that the company has the right recipe for continued success. “Personalized marketing is the key,” DiFrisco, managing director at Guggenheim Securities, said on “Power Lunch” Friday. “They’re combining the digital investment with value proposition and also
0 Comments