From Grant Wasylik, chief analyst, The Palm Beach Letter: “Direct lending is going to be the biggest financial innovation since the automatic teller machine (ATM)…” That’s according to former U.S. Treasury Secretary Larry Summers. He spoke at the LendIt USA Conference I attended in NYC last month. The March issue of The Palm Beach Letter […]
RECORD HIGH—It’s the highest price ever paid for a piece of art. Picasso’s 1955 “Women of Algiers” painting just sold for $179.4 million (the previous record was $142.4 million). If you want to invest in art, don’t open your checkbook before reading Mark’s Creating Wealth essay, “Fine Art as a Long-Term Investment.” TRAVEL BOOM—Hotels brought […]
“If you don’t own gold, there’s no sensible reason other than you don’t know history or you don’t know the economics of it…” That’s what investment legend Ray Dalio just reminded the world. Dalio is the founder of hedge fund Bridgewater Associates. He’s the 30th richest American ($15.2 billion). When Dalio talks, smart folks do […]
From Patricia S.: I’ve lived an unusual life. I’m a devotee of a Spiritual Master Santosha Tantra (since 1986), and I love her dearly. I have always felt moved to be generous in gifting her and participating in her life of love to All Beings. Enlightened Masters are precious resources who keep the Heart of […]
Editor’s Note: This is an excerpt of a longer essay by Palm Beach Research Group founder Mark Ford. It ran in the January 2015 issue of Mark’s Creating Wealth newsletter. In the essay, Mark recounts his “interrogation” of Mega Trends Investing Editor Teeka Tiwari… From Mark Ford, editor, Creating Wealth: I’ll be the first to […]
Earth Day and Acorns are back in today’s mailbag… From R. A.: I live in India, and see diseases and death every day. It’s due to industrial effluents from factories. Children less than 10 years old are doing child labor and dying of disease from pollution. Regarding the Earth Day video in the April 22 […]
“She will take away your free will… you will no longer have any control…” Science fiction is becoming just “science” at a breathtaking rate. In the five-minute clip below, neuroscientist Greg Gage demonstrates some cheap “DIY” (do-it-yourself) neurological equipment. He uses some wires, a simple computer “motherboard,” and an iPad to connect two humans together. […]