Several key U.S. allies around the globe have “defected” to China in less than six months… Business Insider reports China’s new international development bank—the Asian Infrastructure Investment Bank (AIIB)—is gaining support from America’s traditional allies at a rapid clip. [China formed the AIIB as part of its “New Silk Road” initiative. Its goal is to […]
From Lindsey Hough, managing editor, the Wealth Builders Club: Americans had $886 billion in outstanding auto loans in the fourth quarter of 2014. That’s up nearly 23% from the same period two years ago, according to recent data from credit agency Experian. We all need a place to live, and most people need a car […]
Jordan Menzel just made one of the wisest moves of his life… The 30-something single father decided to downsize his living situation to a 30-foot 1976 Airstream trailer. He says he bought it off Craigslist for “a steal” at under $4,000. Then he spent time renovating it in cheap, clever ways… like using old forklift […]
Tens of thousands of homeowners just discovered the fastest way to a free house: Just stop paying for it… The New York Times reports those who stopped paying their mortgages during the housing bust (but kept living in their homes) may be in for a surprise: a free house. That’s because states with “judicial” foreclosure […]
From Phyllis R.: Jeff Remsburg, your response to Ken’s letter about peer-to-peer (P2P) lending (from March’s issue of The Palm Beach Letter) was a model of courtesy and clarity. You dealt specifically with each of his concerns and with great politeness, whereas you could have been nasty and/or sarcastic. Well done. Very gentlemanly. From Bryan […]
Last week, PBRG’s friend and best-selling entrepreneurship author James Altucher was in town. He dropped by to interview Mark for the oft-No. 1 podcast on iTunes, The James Altucher Show. Folks, there’s some incredible content in store for you here… as Mark walks James through his seamless steps to go from basic employee… to invaluable […]
From Greg Wilson, chief analyst, the Legacy Portfolio: “Superinvestor” Warren Buffett’s holding company, Berkshire Hathaway, released its annual report last month. Serious investors are always excited to read the Chairman’s letter. That’s because Buffett passes on invaluable insight into his investment style in each letter. Some have said you’ll learn more about business from Buffett’s […]