Month: June 2020

MOUNTAIN VIEW, CA – DECEMBER 03: Actors Ashton Kutcher (L) and Mila Kunis attend the 2018 … [+] Breakthrough Prize at NASA Ames Research Center on December 3, 2017 in Mountain View, California. (Photo by C Flanigan/FilmMagic) FilmMagic The first home Ashton Kutcher and Mila Kunis bought together is now for sale asking $13.99 million
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Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and … read more.
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The Puerto Rico Oversight Board approved a fiscal plan expected to increase property tax revenues to the island’s municipal governments by 26%. The governments have been struggling financially. The move Friday afternoon is an attempt by the board to free localities from depending on central government subsidies. Puerto Rico Executive Director Natalie Jaresko said improving
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Investors face substantial risks with all leveraged investment vehicles. However, 3x exchange traded funds (ETFs) are especially risky because they utilize more leverage in an attempt to achieve higher returns. Leveraged ETFs may be useful for short-term trading purposes, but they have significant risks in the long run. Key Takeaways Triple-leveraged (3x) exchange traded funds
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Like many things during the pandemic, continuing education credits have gone virtual. Advisors looking to maintain their CIMA, CFA or CPA certification will find an increasing number of online options as certifying organizations move in-person events into the digital domain. One organization has taken a Netflix-like approach to continuing education. Another is leaning into webinars.
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by Patrick Watson The US economy entered recession at the end of February, according to the economists who officially define such things. But will it get even worse? In some ways, this is already beyond the 1930s Great Depression. Mass unemployment happened much faster this time and it looks like millions will be jobless for
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Might the flexibility and adaptability of brand new office buildings, such as Zero Irving in New … [+] York City, help make them safer environments for employees returning from COVID-19 lockdowns? Davis Brody Bond Lockdowns are ending and Americans are slowly returning to their old workday haunts, aka their offices. It’d be great if they
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US lawmakers have introduced the Lawful Access to Encrypted Data Act to ensure law enforcement can access encrypted information. This bill is “a full-frontal nuclear assault on encryption in the United States,” one expert says. It requires manufacturers of encrypted devices and operating systems to have the ability to decrypt data upon request, creating a
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While there are financial benefits to investing in rental property, there are risks—tenants who don’t pay their rent and the headache of being a landlord—as well. You’ll need to weigh taxes, real estate appreciation, mortgage, and maintenance costs, and your desire to be a landlord when deciding if owning a rental is a wise financial move.  Key Takeaways There
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CNBC’s Jim Cramer said Thursday that he’s grown worried about the stock market’s ability to continue its robust rally from the coronavirus-driven bottom. “I’m feeling uncertain here after a very big run, fourth-quarter 1999-like,” Cramer said on “Squawk Box,” a reference to the run-up in equity prices that preceded the 2000 dot-com bubble bust. Cramer’s comments came after
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