Brad Reifler, the head of Forefront Management Group, an investment bank that also manages money for institutional funds and the wealthy, has published an article giving his 5 tips on investing.
Reifler has been concerned about the ways ordinary people have to invest ever since his 529 college savings plan was worth less than it began with when his two of his daughters needed money to attend college. But the second event shocked him even more. When his father-in-law turned 80, he gave Brad his life’s savings to invest for him. However, most of the techniques and strategies his wife’s father wanted Brad to use for him were not available because he was not an accredited investor.
After that, Reifler began a public fund that would make money like the wealthiest people and yet still be open to ordinary such as his father-in-law.
According to Twitter Reifler’s first tip is to be careful. Consider the risk. Look at all the expenses. Ordinary, actively-managed open-end mutual funds have a lot of expenses people don’t understand. Depending on what they invest in, there may be a lot more risk than the average person realizes. Start out by creating a balance sheet of your personal assets and liabilities. Using that, decide what are good investing goals for you.
The second tip is to care about the safety of your money.
Three: Diversify. There are other places to put your money into besides the stock market. Don’t depend on it alone.
Four: Do your due diligence on the manager of any fund you put your money into. If you don’t trust them, don’t hand your money over to them.
Five: Keep your mind on why you are investing. Remember your goals. And when you find a fund or strategy that works, stick with it.
Reifler adds that he wants his fund to be for the ordinary investor, not like Wall Street. About.me has more on Brad, and his tips. But for the full picture, read the Reuters reports for yourself.
Keith Mann promotes innovation in business through funding the Keith and Keely Mann Scholarship for Professional Achievement. The goal of the award is to identify graduating high school students who will become the next generation of business leaders. The hope is that these students will become business leaders who will initiate cutting edge of business strategies and implement many business innovations.
Uncommon Schools benefits from Keith Mann’s generosity. Keith Mann is a philanthropist who provides the funding for a scholarship program at Uncommon Schools. Uncommon Schools opens and manages urban charter public schools. Currently, Uncommon Schools manages 44 public schools and serve 14,000 students in grades from kindergarten through twelfth grade. The schools are located in New York, Massachusetts and New Jersey.
The challenge for the public schools is to elevate students’ academic achievement. The educational programs in Uncommon Schools attempts to help low-income students prepare for college and ultimately graduate from college. With a college degree, these students are prepared to succeed professionally. Keith Mann helps achieve this challenge through his scholarship program. The students, who apply for this scholarship, are asked to write a 1,000 word paper on how the academic achievement of a college degree will provide the basis for achieving professionally in adulthood. The scholarship is open to graduating seniors studying at the Uncommon Charter School in Brooklyn, New York. The winning scholarship provides the graduating senior with $5,000 in scholarship money towards college tuition.
Keith Mann has worked for 15 years identifying business employees with potential for becoming business leaders. He strives to identify excellence in business potential, and he pairs these individuals with companies that are in need of business leaders. Keith Mann is a dynamic businessman who specializes in hiring strategies and hedge fund compensation. In 2002, he began the Alternative Investment Practice, which is within the Dynamic Executive Search. Between 2006 and 2009, Mann expanded the business and established Dynamics Search Partners (DSP). Currently, he manages DSP, which works with firms to identify excellence in business performance of potential employees throughout the United States, Europe and Asia.
A New Jersey dentist wants to raise money to help people in impoverished nations suffering from dental and facial deformities. Avi Weisfogel has launched a GoFundMe campaign to raise at least $2,000 for Operation Smile. The funds would go to help this international medical charity work with local medical professionals to provide free surgeries for children and young adults afflicted by cleft palate, cleft lips, and other ailments.
Operation Smile was established in 1982 by Bill and Kathy McGee. In the early days, the organization helped children in the Philippines. Today, Operation Smile has grown into a global organization with thousands of volunteers. Operation Smile works in conjunction with various hospitals, medical professionals, and government organizations to provide effective care and treatment to those in need.
Avi Weisfogel, DDS, is based in Old Bridge, a township in northeastern New Jersey located 20 miles from New York City. He established Old Bridge Dental Care in 1999 and is also the owner of Dental Sleep Masters. He has lectured extensively on how dentists can help people suffering from sleep disorders, such as sleep apnea, and on the establishment of sleep labs.
He later received his dental degree from NYU’s College of Dentistry. Weisfogel says his passion for helping others, especially children, led him to set up the GoFundMe campaign for Operation Smile.
Those who wish to donate to Dr. Weisfogel’s GoFundMe campaign for Operation Smile can do so by going to the original article below: http://www.abc6.com/story/31366182/avi-weisfogel-dds-launches-gofundme-campaign-set-up-to-benefit-operation-smile
According to AppBrain, an Android market discovery tool, Video Chat is the current number one communication app in Indonesia, 5th in Japan and 20th in Switzerland. Video Chat has enjoyed this immediate popularity because it is smarter, faster, and compatible with any device including Android, Mac, Apple, Tablet and PC.
Grand Blue Diamond Nancy Burling notes that nothing in the market is like Video Chat, especially with its lovable HD quality. Nancy adds that they use it to communicate all the time around the globe. The success is the beginning point and there is no slowing down for Talk Fusion. The launch of its 30-day free trial was highly anticipated with a great international excitement.
Over the last 90 days, Alexa web ranking from Talk Fusion vaulted over 30,000 positions. This is due to considerable rise in traffic data from both page views and Unique Visitors. Steve Baran and Diamond Susan are feeling a thrill of what the future holds. They are excited about their future with Talk Fusion because of the improvements, new products and the continued perfection of the current products.
Allison Roberts, Talk Fusion’s VP of Training and Development views Video Chat’s success as an indicator of the big impact free trials will have on the market in the near future. One only needs to look at the results of one of Fusion Talk’s product and the energy surrounding it to imagine the impact the other products will have in the market once they are launched. Currently, the Video Chat app is available on Google Play and iTunes free of charge. This information was originally reported in Business For Home.
About Talk Fusion
Talk Fusion is a premier provider of video marketing solutions. It is committed to helping businesses grow and transform lives via proprietary and video technology. Bob Reina who also serves as the CEO created Talk Fusion in 2007. Talk Fusion offers unparalleled video technology for both business and social communication. With independent associates in over 140 countries, Talk Fusion’s bold and innovative products including Instant Pay Compensation Plan are marketed on a person-to-person basis.
The 2008 financial meltdown may be old news to some people, but to the people that lived through the disaster, it will never be old news. Employees of Bear Stearns lived through a nightmare. And for people like David Faber the CNBC reporter, and hedge fund investor Kyle Bass that nightmare will impact their lives forever. Kyle Bass was the Bear Stearns executive that gave Faber the information that Goldman Sachs would not accept counterparty risk for Bear Stearns.
The outcome of the 2008 financial crisis is still causing anguish and stress for people eight years later. But Kyle Bass, the man that predicted and bet that the meltdown would happen, made a fortune because he was in the right place at the right time and saw an opportunity. Bass is a hedge fund manager, and he was called a genius when people discovered that he was one of the few Wall Street mavens that went against the current and told the world the real story. UsefulStooges was first to expose him in their Kyle Bass The Frantic Investments of a Desperate Gambler article.
But the days of Bass being a genius are long gone. Mr. Bass is still a hedge fund manager, and his company, Hayman Capital Management LP, is still betting on risky assets. His track record over the last eight years hasn’t lived up to his image as a genius, however. Bass was an investor and a friend of the former president of Argentina, Cristina Fernández de Kirchner. Cristina Fernández de Kirchner did more to hurt Argentina than to help the economy of the country. When Fernández de Kirchner decided to default on Argentina’s debt bonds Bass and his investors took the huge financial hit.
Argentina wasn’t the only financial debacle Bass has been involved in since he had his five minutes of fame eight years ago. Bass tried to shift the blame away from General Motors to protect his investment when GM faulty airbags and a dysfunctional power steering mechanism caused a number of fatalities. Bass blamed the victims, not GM on national TV.
The most recent legal scam that Bass is championing is shorting pharmaceutical stocks. Bass and his partner contest drug patents, and when that information is made public, the value of stock in the pharmaceutical company that holds the patent drops, and Bass makes a bundle of cash.
Insiders say Bass has lost a lot of money over the last 24 months.
Highland Capital Management is set to invest in the Argentine International Bond Markets, this comes after the company raised over $12 million to facilitate acquisition of this bonds. James Dondero who is the CEO of the asset management firm has indicated the firm’s intention to buy into the Argentina Bonds, an undertaking which is not alien to them. The firm has previously invested in the Argentine Bonds, boasting of being the biggest holder of Argentina’s $4 Billion of notes set to mature in 2033.
The announcement by Highland Capital Management LP is a great relief to Argentina, who are looking to make a return to the international bond market in an attempt to to raise capital to clear their debts. Rumors have emerged about the distressed investors being potential buyers of the bonds, but it remains to be seen if this eventuality will pass.
Highland Capital Management has no intention of selling the original bonds but is looking to add to the original bonds through buying into the new issuance. James Dondero who is seen by many as an authority with regards to international trade is optimistic that the acquisition of the bonds will pay off.
Argentina has announced issuance of $11.68 billion of bonds expected to yield 7.5 to 8 percent in Mid-April, this is according to the finance ministry officials who presented the debt bill to congress. In an attempt to clear the debt of most hold outs the bonds have been categorized in three phases, one maturing at 5, 10 and 30 year. The move by Argentina to make a return to the Bond Market comes through attempts by President Mauricio Macri seeking to propel the country’s economy to the right direction.
The Argentina has faced very hard economic times with the policies of the Former President Fernandez de Kirchner driving the country deeper into debt and economic depression.
U.S District Judge Thomas Griesa lifted the ban which expressly stopped the country from paying its restructured debt. The new administration seems to have it all figured out with regards to growing the country’s economy. Investors like James Dondero of Highland Capital Management LP, has indicated his intention of pursuing further investments in the country.
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Although it is not unusual for the wealthy billionaires to donate towards education and schools, sometimes the size of the donations make headlines. One such example is the Charles Koch Foundation’s donation towards George Mason University.
George Mason University is a public school located outside the nation’s capital. The donations towards the University made the headlines after it was reported that the University had enjoyed nearly $48 million in donations from the Charles Koch Foundation between 2011 and 2014. Although the Foundation donates over $20 million annually towards education, the donation to George Mason University would make about half of the entire donation over the period.
Why all this donation to a single institution? Well, there are several reasons for this. Foremost, over the years, George Mason University has quietly established itself as a conservative powerhouse in economics and law, a field that Charles Koch
, the founder of the Charles Koch Foundation is passionate about. Secondly, George Mason has always had a connection to the Foundation. Currently, Charles Koch himself the Chairman
of the IHS board as well as a member of the Mercatus board.
Charles Koch is not the only link between Koch Industries and George Mason University. Richard Fink, who is an executive vice president of Koch Industries, also serves on the IHS and Mercatus boards. Previously, Nancy Pfotenhauer, the head of Koch Industries’ Washington office also served on the board.
In 2014 alone, George Mason benefited from the Charles Koch Foundation by receiving $16.8 million. This amount accounted for more than a third of the total donation George Mason received from donors. The relationship keeps growing and most recently, Mason’s law school received a $10 million gift from the Koch Foundation.
The Charles Koch Foundation funds mainly go towards the Mercatus Center. The Mercatus Center is a free-market think tank involved in conducting research geared towards educating the federal regulators and Congress staff, who can, later on, influence the direction of government.
Born in 1935, the 80-year-old Koch
is the Chairman and CEO of Koch Industries. With an estimated net worth of $36 billion, Charles Koch has severally been ranked among the top ten richest persons in the world. He is a philanthropist
and a great Republican supporter.
If you look on the “About” page on Marc Sparks’s personal website, you’ll see that Sparks is “the entrepreneurs’ entrepreneur”. After 34 years of entrepreneurialism Sparks decided it was time to write a book so that others might learn from his experiences–the successful ones and the distastrous ones.
Sparks says, “I feel like anyone reading [They Can’t Eat You] will learn much more from my unsuccessful ventures than they will learn from my successful ones. It’s easy for me to say…look at me, I started a software company and sold $200 million dollars a year worth of our product, but it’s much more educational for me to say…look at me, I started an insurance holding company out of my back bedroom and built it to nearly a billion dollar market cap and then lost it all in a ninety-day period of time.”
A couple years ago, an article was published on ireport.cnn.com wherein the writer detailed what a venture capitalist like Sparks wants from a presentation. The article at https://disqus.com/by/marcsparks/ says that while having a meaningful presentation is key to successfully selling a business idea to a venture capitalist, it’s just as important to think about what you’re putting into the presentation and what they can expect to get out of it.
Entrepreneurs’ time is valuable. Don’t waste it by including graphics that serve no purpose other than dressing up your presentation. This is the first step: to make sure that every visual you use makes a point. Secondly, you should outline what your data means and tell a legitimate story with it.
The third step is one we’ve all heard a hundred times: keep it simple. Having an overly-complicated presentation means you risk losing the investors’ attention. The final step is to be proud of product and get your whole team out to present.
Venezuela is now considering to make every Friday a holiday for workers so that they can save money on electricity for the month of April and May. Workers in Venezuela can now stay at home on Friday at least for the next 60 days. According to Venezuela’s President Nicolas Maduro, this decision was made because of the drought that has caused problems in the power plants.
This is really sad to hear for expats like Danilo Diaz Granados, considering here in the United States, this is not something we really worry about as a nation. Already, Venezuelans are suffering from economic turmoils and now this. This news is very heartbreaking and devastating to Diaz Granados.
What I want to know is how come this is something that is not in the mainstream media here in the United States? As neighboring country, I think we should provide our support for our fellow neighbors by possibly providing solar panels for homes or for neighborhoods in order to help decrease the use of water for power.