“I don’t think it’s ever going to end. It’s going to drive this market forever…” The No. 1 residential real estate agent in America is talking about Silicon Valley. Prices there have doubled over the last two years. They’re now twice as high as the peak of the last housing bubble in 2006. The median […]
From Mark Ford, founder, Palm Beach Research Group: I tried not to like Question of the Day, the new daily podcast by James Altucher and Stephen J. Dubner. For those who don’t know, James is a writer/entrepreneur who’s founded over 20 businesses. He’s well-known for his groundbreaking book, Choose Yourself. I wanted to shun it […]
You can save a lot of cash when your only expense is truck insurance… Business Insider reports a 23-year-old Google software engineer is living in the company’s parking lot. Silicon Valley sports some of the highest rents in the world: the average one-bedroom San Francisco apartment rents for over $3,000 per month. So, the Google […]
In 2013, widow Karen Robinson invested the bulk of her savings in the U.S. shale oil revolution. Today, over half of her $202,000 investment is gone… The Associated Press reports Karen invested in the oil boom through master limited partnerships (MLPs—often called “energy partnerships”). [Energy partnerships have a special tax status under IRS code. They […]
From Mark Ford, founder, Palm Beach Research Group: It’s wonderful to read an essay like this. It’s the crystalized wisdom of someone who’s not only accomplished a great deal in life—but has also spent decades thinking about it. Doug Casey is a rare bird. A highly intelligent and rigorously independent thinker with a huge and […]
From Jake Richards, international liaison, the Wealth Builders Club: It was how you’d imagine a United Nations conference would be… A few weeks ago, I had the chance to attend the inaugural 2015 Brazilian Wealth Builders Conference with Mark in São Paulo. The Wealth Builders Club launched in Brazil in 2014. Demand for the Club […]
The S&P 500 just broke out past a major line of resistance… Over the last three weeks, it’s rocketed past the index’s 50-day moving average (the green line, below). On Friday, it closed above its 200-day moving average (the red line, below). It’s the first time the index has closed above the 200-day moving average […]