“Many people have million-dollar ideas. They’re confident that their new product or service or innovation will make them rich and that all their dreams will come true. The problem is: Most people don’t know how to turn their million-dollar idea into millions of dollars,” says Robert Kiyosaki. Rich Dad Poor Dad Robert Kiyosaki, Kim Kiyosaki …
© Reuters. Crude oil remains supported on more supply cut hopes Investing.com – Crude oil prices continued to climb on Wednesday, amid hopes for additional global supply cuts, while traders eyed the release of weekly U.S. stockpiles data due later in the day. The U.S. West Texas Intermediate crude October contract was at $50.51 a …
I wrote about window dressing last quarter, but the topic merits a closer look now. The third quarter has often been the best quarter to take advantage of window dressing, which is when fund managers buy the hottest stocks near the end of the quarter and sell off the stocks that have been performing poorly. …
On Tuesday, 19th September 2017, Angola’s sovereign wealth fund, Fundo Soberano de Angola (FSDEA), announced its audited results for 2016, which reflects its positive fiscal position and investment activity for the year. “The Fundo Soberano de Angola has achieved financial profitability in less than three years of activity, despite the difficult international investment environment since …
DUBAI, United Arab Emirates Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the deeply conservative kingdom loosens the reins on fun. The kingdom’s Public Investment Fund announced Wednesday it will develop the new company with an initial capitalization of 10 billion riyals ($2.7 billion). Its aim will be to provide investment …
Turmeric prices were trading up by 0.80 per cent to Rs 7,538 per quintal in futures trade today on the back of uptick in domestic and export demand. At the National Commodity and Derivatives Exchange, turmeric for delivery in the October month was trading higher by Rs 60, or 0.80 per cent, to Rs 7,538 …
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (MEASA), has today published the “DIFC Wealth & Asset Management Report 2017: Mapping Opportunities in the MEASA Region” in partnership with Thomson Reuters. The Report explores the latest investment opportunities in the region, while providing a five …
CEOs of U.S. banks are likely “very afraid” of bitcoin, according to a wealth advisor. Some financiers have said the cryptocurrency is an unwise investment because of its volatility or supposedly weak store of value, but bank chiefs have another reason to dislike bitcoin, said Rainer Michael Preiss, executive director at Taurus Wealth Advisors. “Of …
© Reuters. Gold prices move higher as U.S. dollar weakens with Fed in focus Investing.com – Gold prices bounced higher on Wednesday, as the U.S. dollar weakened ahead of the Federal Reserve’s highly-anticipated monthly policy decision due later in the day. Comex were up $4.93 or about 0.39% at $1,315.68 a troy ounce by 03:00 …
Angel Commodities’ commodity report on gold On Tuesday, spot gold prices rose marginally by 0.35 percent to close at $1311.2 per ounce with trading lackluster as Federal Reserve policy makers headed into a two – day meeting that financial markets will watch for clues on the outlook for U.S. monetary tightening. Markets are expecting the …