Hire a wealth manager, and one of their first tasks will be to work out your attitude to risk. If you are not sure exactly what this means, the questions are unlikely to help. They range from the inane (“How do you think a friend who knows you well would describe your attitude to taking […]
Cash News Whether renting or looking to buy, the real estate market gives you plenty of house types to call home. From the ease of apartments and the minimalist styles of tiny homes to condos and single-family homes in every imaginable style, your local geography plays host to a dazzling array of types of homes. […]
It is plagued by counterfeits—and information asymmetries Source link
Cash News Bank account freezes usually happen when you have unpaid credit cards, medical debt, or unsecured loans, and the creditor or collection agency takes legal action to collect the money. If your bank account is frozen, you’ll likely have some funds taken out to cover your debt, but there are ways to potentially reduce […]
In the two years following Vladimir Putin’s invasion of Ukraine, Russia’s economy has repeatedly defied the doomsayers. A financial collapse, widely predicted in the spring of 2022, never came to pass. The economy fell into recession, but it was less severe than expected and passed quickly. Inflation was the most recent scare. Last year prices […]
Cash News Your home is probably your biggest investment — that’s why you have homeowners insurance to protect it. While your policy covers many things, it does not cover absolutely everything bad that could happen to your home. We’ll explain the major things home insurance does — and does not — cover. Zoom out: What […]
Two years ago, pretty much everyone agreed that one of the great bubbles was bursting. An era of rock-bottom interest rates was coming to a close, shaking the foundations of just about every asset class. Share prices were plunging, government bonds were being hammered, crypto markets were in freefall. Wall Street’s prophets of doom were […]
Cash News Homeowners insurance reimburses you when your property or belongings are damaged by a covered disaster. Your payout can vary significantly based on whether you have actual cash value vs. replacement cost coverage. The key difference between the two coverage types is that actual cash value (ACV) insures your property for replacement cost minus […]
Sand is everywhere. Yet only a certain sort can be used to make the ultra-clear glass required for smartphones and solar panels. It must have a silica concentration of more than 99.9%, against less than 80% for construction material. This high-quality sand is scarce: of the 50bn or so tonnes extracted each year, less than […]
About a decade ago, a flashy, deep-pocketed investor made an appearance. Saudi Arabia’s Public Investment Fund (PIF) had a mandate to go big, and was ready to: it picked up a $3.5bn stake in Uber, placed $45bn in the world’s largest technology-investment fund, SoftBank’s Vision Fund, and provided half the capital for a $40bn infrastructure […]