News 

This startup just unlocked a $8.5 trillion new investment opportunity

“The company has been around since 2010 and has invested nearly $250 million in more than $1.2 billion of real estate” writes unknown author for businessinsider.com. Neither Fundrise nor any of its affiliates assume responsibility for the tax consequences for any investor of any investment.What if you found out that almost every major institutional investor earned higher returns than you by following a totally different investment strategy?. The problem with this traditional allocation model is that it assumes the only investment opportunities available are publicly traded stocks and bonds. Source: businessinsider.com…

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News Platforms 

Investment platform Gambitious is now called Good Shepherd Entertainment

“Gambitious, the hybrid indie game publisher and investment platform, is changing its name to Good Shepherd Entertainment” writes Aug Edt for polygon.com. Unlike other platforms, like Fig or Kickstarter, that sum is guaranteed by Good Shepherd.It’s also staffing up with a complement of full-time hires thanks to a new round of investment from Advance/Newhouse.Shares in each project are then sold as an investment opportunity to a small group of accredited investors. Source: polygon.com Share This:

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Markets News Stocks 

6 ways you may be sabotaging your relationship — with your investments

“I have always believed that you must treat your investments in the stock market as you would treat a personal relationship” writes Jeffrey S for marketwatch.com. How can you hope to change your relationship with money if you don’t tackle the factors that are undermining it?. But it may never happen, and the resulting cost of waiting for that extra small bit can be huge in both the stock market and in life.The list of potentially perilous stock market beliefs is lengthy.If you’re determined to retain that long-term family investment,…

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News 

Deutsche Bank just named a new CEO for the US

“Patrick replaces Bill Woodley, a Deutsche Bank veteran who joined in 1998, who is leaving the bank” writes Matt Turner for businessinsider.com.au. Deutsche Bank finished the first half ranked eighth globally for investment banking fees, according to Thomson Reuters, with a 3.1% market share.The US business has been a key focus for Deutsche Bank, with Cryan taking personal responsibility for the US business in March this year.It has since gone on a hiring spree in investment banking in particular, adding more than 15 managing directors in corporate finance. Source: businessinsider.com.au Share…

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News 

Hargreaves Lansdown full-year profit jumps 20%

“LONDON–Investment management products provider Hargreaves Lansdown PLC (HL.LN) Tuesday reported a rise in full-year net profit as it benefited from winning new clients and higher assets under management” writes Rory Gallivan for marketwatch.com. It scrapped the special dividend due to plans by the U.K. financial regulator to increase capital requirements. “There are considerable challenges for people in the current saving and investment environment but there are also opportunities, and Hargreaves Lansdown is ideally placed to help people make their investment decisions with confidence,” said Chief Executive Chris Hill.Net profit for…

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News 

The U.S. trade deficit is a good thing. Really.

“But setting up additional barriers and taxes on imports to reduce the trade deficit should not be the focus of our trade policy” writes James Lankford for washingtonpost.com. Similarly, when the Mexican government buys U.S. Treasury bonds (as most of the world does), the likelihood of an American trade deficit increases.For starters, a powerful economy such as ours often runs a trade deficit because of the immense buying power of its people.When a Canadian company decides to invest in a U.S.-based company, it increases our trade deficit.This surplus of investment…

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Crypto News 

Investment firm VanEck calls bitcoin a ‘fad,’ then files for bitcoin ETF

“Bitcoin and other digital currencies are a fad that has attracted the attention of programmers, speculators, and early adaptors,” Foster said” writes Evelyn Cheng for cnbc.com. “At best, digital currencies may eventually occupy some middle ground as a niche product,” he said.Many digital currency enthusiasts have called bitcoin “digital gold” and predict that a small percentage of gold’s roughly $7.5 trillion market value will flow into bitcoin, sending the digital currency’s price many multiples higher.”It is my opinion that governments will not allow digital currencies to reach the critical mass…

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News 

Pandora appoints Roger Lynch as new CEO

“Roger Lynch, who has held leadership roles at companies like Sling TV and Dish, will be CEO of the music streaming company” writes Anita Balakrishnan for cnbc.com. “Roger brings a stellar leadership reputation, a wealth of consumer experience, and a lifelong passion for music to Pandora – all of which are critical ingredients in the continued evolution of our company,” chairman Roger Faxon said in a statement. Source: cnbc.com Share This:

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News 

Trump is celebrating the Foxconn deal. The people paying for it aren’t so sure.

“Wisconsin lawmakers are set to vote Monday on a $3 billion deal to bring a Foxconn factory the size of seven football fields to the state’s southeastern edge” writes Danielle Paquette Is for washingtonpost.com. Scott Walker (R) and President Trump celebrated a tentative agreement with Foxconn, a Taiwanese company that makes gadgets for Apple, Google and Amazon, to bring a flat-screen-display plant to the state.Expanding the local infrastructure could be costly, Wiser said, and there’s no guarantee the jobs would go to Wisconsin residents.And if the company really did hire 3,000…

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Markets News 

Robust China Economic Growth Shows Signs of Fading in July

“Property investment, in particular, showed signs of fatigue after local governments were forced into repeated rounds of cooling measures to curb soaring home prices” writes Elias Glenn for reuters.com. But the strength in these areas likely won’t last given that policy tightening is set to further weigh on infrastructure and property investment in coming months.”. The statistic bureau said the overheated property market has cooled “somewhat”, but it still expected China’s economic performance to be steady in the second half.”As for the property market, it will continue to face downward…

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