And now, for a few more moments with Warren Buffett
Even as the major stock indices head toward all time highs despite the geopolitical issues that are hitting the news almost everyday, there is one person who appears to be taking a more sanguine approach. The sage - Warren Buffett, who rarely ever reveals what his...
Damage tariffs have done to Emerging Markets
Ever since Trump started the rhetoric around tariffs, emerging markets stocks, bonds and currencies have been selling off with issues ranging from global political uncertainty to currency headwinds. Two popular emerging market ETFs - Vanguard (VWO) and iShares (EEM)...
Smells fishy!
Dozens of meal-kit options are now on the market, but none of them are profitable and many are teetering on the brink of bankruptcy. The pressure is growing for the larger players - Blue Apron Holdings Inc., HelloFresh and others. Earlier this month, one of them -...
Gone Truckin’?
Even as Amazon continues its dominance, the stock is up 55% year to date compared to just 4.8% for the S&P 500, starting in mid June, some of its Prime members received an unexpected shock. Their Prime Membership annual fee had increased by 20% to $119 from $99....
Who’s Watching?
Helios & Matheson was a sleepy data analytics company when it acquired MoviePass, a service with just 20,000 subscribers. The MoviePass business model was simple. Members pay $9.95 a month to enjoy up to one movie a day. Their pitch is - see a movie every single...
Ready to Invest in Your Financial Portfolio?
At Future Wealth, our philosophy is simple: We believe most investors stay away from investing in Wall Street for two reasons – First, they don’t have enough money and second, they don’t want to lose money. While we at Future Wealth can’t help with the first, our...
Going Bankrupt!
Social Security has been a financial foundation that millions of retirees simply couldn't do without. More than three out of every five retirees count on the program for at least half of their monthly income. But this guaranteed payout is in some serious trouble...
In Search of a Way Out?
Do you get the feeling that you have entered the twilight zone this week? Events certainly appear to point toward that - beginning with unprecedented wide spread tariffs that threaten to destabilize US and other countries, followed by a customer being refused service...
Who is in the Circle?
Earlier this week, President Donald Trump imposed $50 billion in tariffs on Chinese imports. China responded in kind. President Trump is now threatening up to $400 billion in additional tariffs, and China is vowing to retaliate again. He then threatened a 20 percent...