George Soros Has Known The Struggle Against Tyrants Read more

George Soros Has Known The Struggle Against Tyrants

Most people who have managed to acquire large sums of money tend to hoard it for themselves and their families. George Soros is not such a man. George wants to change the world for the better, and he knows that money is often the means to make this happen. George was born in Hungary, and as a boy of only 14 years of age he experienced the invasion of Hitler’s Nazi army. George’s surname at his birth was Schwartz, because he came from a Jewish family. His father was terrified that if the Nazis discovered their Jewish ancestor that they would be murdered, or sent to the death camps as slaves for Hitler’s army. George’s father used what money he had earned from being a hard working attorney, and purchased documents that were falsified to show that his family was Christians. To further try and protect his family, his father split them up and sent them into different locations. To finalize this level of protection, George’s father changed their surname to become Soros. Soros is a word that means “will soar,” to rise above the oppression they were facing. Soros is a word taken from the Esperanto language, which George’s father taught him to speak as a child. Learn more on snopes.com about George.

After Hitler’s army was defeated, George found peace by moving to London, to study economics and philosophy. He came into contact with the famous Karl Popper ideologies, surrounding the concepts of an open and free society, and how only a society that is free from social injustice can ever truly flourish. This eventually became George’s outlook on life. He earned a Master’s degree in philosophy and began to work for a brokerage agency. While there, George began to trade in what is known as venture securities. He would purchase a country’s securities, and then profit from the selling of the securities to another country. This eventually, within 4 years’ time, allowed for George to move to America.

George sailed to New York in the 1950’s, and in time, he became a citizen of America and set out to work for a great many Wall Street companies. In the early 1970’s, George Soros had acquired enough capital to begin his hedge fund business, which he branded the Soros Fund. Sometime later this name was changed to the Quantum Fund, and in time became known as the Quantum Fund Endowment. His company’s success permitted him to begin to use his money to help others who were impoverished. Through his charity work he has donated billions of dollars to help individuals and also companies fight for true change in the world.

Follow George Soros on Twitter.

This One Thing Could Save Taxpayers $105 Million Annually Read more

This One Thing Could Save Taxpayers $105 Million Annually

On December 30, 2015 an interview featuring Philip Diehl, the current president of US Money Reserve, aired on CNBC’s morning show Squawk Box. In this interview Diehl spoke of the benefits of eliminating the U.S. penny from circulation.

He believes the cost of making the penny far outweigh its use. Especially since no one uses the penny anymore to make purchases.

Diehl was quoted as saying, “If you bend over and pick it up in the street, then you’re getting paid less than minimum wage for your trouble.

There are of course those who strongly disagree with Diehl’s position. According to Andrew Ross Sorkin, there are some economists who believe removing the penny from circulation can lead to prices being distorted and inflation sweeping across the nation.

In response, Diehl points out the fact economists have been using that argument for years. In today’s economy, very few transactions are cash based. Close to 80% of all transactions are now done electronically. Based on these facts, its clear to see very few transactions would be affected should the penny no longer be in circulation.

Diehl actually believes such a move would be good for the marketplace as companies would not longer feel the need to constantly raise prices. On top of that, discontinuing the production of the penny has the potential to save American taxpayers $105 million per year.

About U.S. Money Reserve

Based in Austin, Texas, U.S. Money Reserve is one of the largest private distributors of U.S. government-issued gold, silver and platinum in the nation. They have clients all over the country who rely on their services to help them diversify their assets.

One thing that makes U.S. Money Reserve stand out is their highly trained team. They have coin researchers and numismatic professionals who have years of experience and know exactly what products will produce the highest profits for their clients.

When it comes to customer service U.S Money Reserve sets the standard. Their number one goal is to establish a healthy, long term relationship with every client.

To learn more about investing in precious metals visit U.S. Money Reserve online at USMoneyReserve.com.

George Soros Scares Investors Read more

George Soros Scares Investors

George Soros, a billionaire investor says it’s like 2008 all over again. At an economic forum in Sir Lanka, he warned investors to be cautious as financial markets are facing a major crisis.

According to Bloomberg, Soros claimed that one of the reasons is China. The country stock market has declined in recent days to the point where trading halts were implemented.

Chinese yuan’s devaluation and slowing economic growth are major issues, and Soros believes on Bloomberg that China needs to make major adjustments. Meanwhile, China’s problems are spilling into the rest of the world.

Slowdown in China’s huge consumer market is likely to affect exporters of manufactured goods (such as Germany), luxury goods producers (Italy, France), as well as numerous nations relying on commodity exports, and then their trading partners.

At present, China is in a long-term shift from manufacturing and investing to services and consumption. And that adjustment may not be easy.

China’s Communist Party has made a pledge to increase yuan’s convertibility in five years and dismantle capital controls. That may not be bad per se, but adds to the uncertainty over the future of the world’s second economy, and soon-to-be number one.

So far this year, equity investors around the world have lost around $2.5 trillion. And the markets haven’t come down yet. The volatility index (VIX) has risen 13% in recent days.

This has been picked up by the financial media and the investors are running scared. Yet, some advisors claim this may be a good time to pick up some shares.

George Soros had issued similar warnings before. In 2011, we warned of a major crisis coming from Greek default. That crisis has been postponed but not resolved. The Europeans are lending money to Greece as if the issues in Greece have been resolved.

They haven’t. If problems in China, Europe, and the Middle East come to the forefront, then we have a receipt for a perfect disaster.

What Soros says is closely watched by many since his track record is astounding. His hedge funds have averaged 20% return from 1969 to 2011. This performance is only slightly behind another great investor, Warren Buffet.

Another difference between the two is that Soros is more of a speculator type. Nevertheless, the man knows financial markets inside out as his $27-billion-dollar fortune made in the markets testifies.

As the financial turmoil unravels, many investors will surely be watching what Soros and other famous investors have to say.

U.S. Money Reserve Launches Campaign To Feed Hungry Texans Read more

U.S. Money Reserve Launches Campaign To Feed Hungry Texans

 

The Digital Journal recently reported that the U.S. Money Reserve has launched a crowd funding campaign aimed towards supporting the Capital Area Food Bank of Texas in an effort to aid the hungry. The company is no stranger to charity and has been known to fund organizations such as the Make-A-Wish foundation and many others.

Founded by gold market veterans, the U.S. Money reserve recognizes the need for a combination of expert market knowledge and quality customer service when purchasing precious metals. As the nation’s largest source of government issued gold, silver, and platinum coins, the team of 100 trained professionals at the U.S. Money Reserve strive to deliver high-quality coinage and service on a daily basis.

By launching this campaign, the U.S. Money Reserve hopes to bring food to hungry families over a span of 21 counties in Central Texas. In 2010, the Capital Area Food Bank (which has served the community for 30 years) provided a total of 31 million pounds of food to families in need. This year CAFB is working to set the bar higher by feeding even more families this upcoming holiday season.

Remember to give back to your fellow man during the holidays by spreading the wealth. Join the U.S. Money Reserve in the fight against hunger and help the Capital Area Food Bank surpass their previous record of 31 million pounds of food to feed families in need all over Central Texas. To make a contribution, please visit the U.S. Money Reserve’s Crowdrise page.

A Look Into The Fighting Irish of Notre Dame: Men’s Lacrosse Read more

A Look Into The Fighting Irish of Notre Dame: Men’s Lacrosse

The Fighting Irish athletic teams of the world-renowned University of Notre Dame have unprecedented reputations for precision, dedication, and ambition. One of the university’s top Division I competitors, the Men’s Lacrosse Team, has received the ACC Conference title an astounding 22 times since its founding in 1981.

matt landis angry finger

The Fighting Irish Lacrosse Team originated as a club sport until it became a varsity program, an effort spearheaded by a former team player and current VP Director of Athletics Jack Swarbrick. After gaining varsity status, the team competed in the Midwest Lacrosse Association from 1983 to 1993, and later joined the Great Western Lacrosse League (GWLL) from 1994 to 2009.

matt landis angry finger

The lacrosse team’s international notoriety drastically increased in 2010 after it joined the newly-formed Big East Men’s Lacrosse Conference, producing a dozen All-Americans and five Tewaaraton Trophy nominees from 2010 to 2014 including defenseman Matt Landis. The team ranked in the top four in the NCAA from 2007 to 2014, reaching the finals twice. Under the guidance of coach Kevin Corrigan since 1988, the Fighting Irish also maintains a 100% graduation rate and the current season record stands at 12-3 with a #2 position in the Men’s Division I.

matt landis angry finger

Total tournament engagements made by the men’s lacrosse team are as follows:
NCAA Tournament Runner-Up: 2010, 2014
NCAA Tournament Final Four: 2001, 2010, 2012, 2014, 2015
NCAA Tournament Quarterfinals: 1995, 2000, 2001, 2008, 2010-2015
NCAA Tournament Appearances: 1990, 1992-1997, 1999-2001, 2006-2015
GWLL & ACC Conference Tournament Champions: 2008, 2009, 2014
GWLL & ACC Conference Regular Season: 1982, 1984-1986, 1988, 1990, 1992-1997, 1999-2003, 2007-2009, 2012, 2015

The team’s impeccable record has been credited to the nurturing and development of its players both academically and spiritually. Former American football player and coach Lou Holtz succinctly referred to Notre Dame as “…not a place you attend to learn to do something; it is a place you attend to learn to be somebody.”

matt landis angry finger

Brian C. Mulligan: The Making of an Astute Businessman Read more

Brian C. Mulligan: The Making of an Astute Businessman

 

Mr. Brian C. Mulligan Born in 1961 holds a bachelor’s degree from the prestigious University of Southern California (USC). He also has a master’s degree from John E. Anderson Graduate School of Management affiliated with the University of California, Los Angeles. Mulligan considers himself a fortunate man. He believes that his strong work ethics has led him into achieving senior management positions. He has held influential positions as the Chief Financial Officer, Chief Operating Officer, Chief Executive Officer or the Chairman on virtually any media or entertainment company spanning over a thirty-year career.

Mr. Mulligan’s primary areas of interest include; international entertainment, theme parks, video games, Cable Channels, Broadcast, Music Publishing, Recorded Music, and Sports. This portfolio represents a combined $175 billion of media and entertainment transactions.

Mr. Mulligan is the current managing director and vice chairman of Media and Telecommunications investment banking division at Deutsche Bank. Mulligan has previously held plum positions in iconic organizations. In the year 2000 He has worked at Seagram Company as the executive vice president and Chief Financial Officer. In 20004 to 2005 he worked as a senior executive Advisor in Media and entertainment at Cerberus Capital. Between the periods of 2001-2002, he served as an executive chairman with the job responsibility of overseeing Fox television studio, and this included Fox Sports, Fox cable, and news corp.

Other companies that Mr. Mulligan holds senior executive positions include; Napster Incorporate, Ascent Media Group, Pacific Media Capital LLC, Brooknol Advisors LLC, Universal Pictures, and Boston Consulting group.

Mr. Mulligan’s shrewd business tactics have made him a senior board member of at least one organization across four different industries types; this is no mean feat considering today’s competitive job market.

According to Premiere Magazine, Mulligan is considered one of the top 50 most influential individuals in Hollywood. The authoritative Los Angeles Business Journal also ranks him amongst top ten most promising bankers in Hollywood.

Mr. Mulligan is actively involved in philanthropic activities. His most recent charitable initiative being “A better LA” campaign that raised a whopping $90 million dollars for schools. Other charitable activities that Mr. Mulligan is associated with include; USC school of cinema, UCLA Chancellor associates, UCLA Anderson Dean Society, USC marshal Dean Scholarship Fund, Land of the Free Foundation, United Way, MCA charities, and City of Hope among other non-profit making entities.

Mulligan’s love for sports has seen him coach the youth tackle football and travel basketball, and he has even managed to go a step further and served as the commissioner of youth basketball leagues.

Kyle Bass: Investment Houdini or Desperate Gambler? Read more

Kyle Bass: Investment Houdini or Desperate Gambler?

Kyle Bass is a well-known name in the hedge fund management industry due to his quirky investment style that has also made him a controversial figure. As the founder of Hayman Capital Management, Kyle continues to manage billions of dollars for investors who believe in Kyle’s style of exposing shortcomings in the current financial landscape.

Rise to Prominence

Kyle Bass rose to fame by taking advantage of loopholes in the mortgage industry before the onset of great recession in 2007. After investigating potentially lackluster financial performance of otherwise stable companies, Kyle predicted on-coming crisis benefited heavily by purchasing credit default swaps. Consequently, he was able to gain massive returns on investment once the crisis began to take shape. In simple words, credit default swaps are similar to short selling stocks where the investor benefits by selling securities. In Kyle’s case, his hedge fund recorded positive investment returns for his followers when almost all other hedge fund managers were exposed to the crash in financial markets. Perhaps, the success of his unique strategy provided further incentive to generate positive returns amid similar crisis in Europe. For similar reasons, Kyle Bass also attracted media attention when he predicted European sovereign debt crisis. Taking full advantage of such crisis between 2007 and 2013, Kyle rose to prominent position as the proud owner of one of the most talked about hedge funds in the industry. Recently, his expectations about the economies of Japan and Argentina are also generating headlines.

Boom or Bust?

However, experts are beginning to think that time is running out for Kyle Bass because lately his investment strategies are nothing short of a gamble. For instance, Kyle Bass is positive that Argentinian economy will rebound from its sovereign debt crisis. It is the reason why he seems to be the only expert who continues to praise policies implemented by Cristina Fernández de Kirchner even when everyone is adamant that the second sovereign debt crisis in thirteen years is attributed to lacklustre policies of the Argentinian President. To most hedge fund managers, Kyle’s logic doesn’t make any investment sense; therefore it is the time to take off the “Genius” tag from his personality. They also point to the fact that Kyle is waiting for Japanese economy to crash because it is the only way to cash in on his investments. Actually, It is the fifth consecutive year since Kyle predicted Japanese economy to crash. Since 2014, the performance of his fund is negative compared to 30% increase in media appearance. Perhaps, it is time for Kyle to pull another trick from his bag or we may see the demise of one of the most controversial hedge fund managers in US history.

Understanding the investment Banking System Read more

Understanding the investment Banking System

The banking industry is a growing market and just like any other industry it has been experiencing numerous changes as a result of the current complex financial systems. The growth in the industry has benefited a number of the industry players such as Kenneth Griffin whose net worth according to Forbes 2015 is about $6 billion. Griffin is the CEO and also the founder of Citadel a company that specializes in global investments. His company has been ranked among the most profitable and the most popular capital management firms in the world. Being a hedge fund manager, Griffin is said to be one of the highly paid hedge fund manager making it on the list of Forbes top 400.

Going by Griffin’s success, is clear that the financial market is experiencing tremendous growth. This is because opportunities for investments are rising rapidly hence making the market very complex. While investment banking may not be a new system, the current model has changed from the earlier systems that were originally followed. Nonetheless, the function and major characteristics have been maintained. Investment banking as the name suggests is an alternative form of banking where money is not deposited for safekeeping rather it is put into use to produces more. Investment banking is quite different compared to your usual retail banks. Normally, investment banks deal with huge sums of money mostly with corporate client or governments.

Investment banks have a choice when it comes to choosing their preferred clientele. Some investment banks find it easier to deal with a particular industry. As such, the bank only invests or supports investments in a particular industry say insurance or even real-estate. Mostly, this strategy is intended to minimize the risks of investing in many industries. However, most of the big investment banks have no such restrictions meaning they can invest in all industry. This is the main reason why most investment banks do not engage in retail banking. The large amounts of money involved in investment banking in most cases cannot allow such banks to offer retail services.

Investment banks are very useful especially in the current complex financial systems. They offer their clients financial advisory on investment pointing out the risks and benefits of particular investments. Therefore, investment banks operate as the middleman between investors and its clients. Investment banks come in handy for investors seeking to value the risk of investing and the benefits of purchasing securities. They offer such advisory to their clients although at a cost. Important to note though is the fact that investment banks do not deal with deposit or savings. The money collected from clients is all put into investment use in buying securities in order to produce more. Investment banking therefore is a means to make more money using your money.

The Real Estate Markets Of Houston And The Rise In Retail Centers Read more

The Real Estate Markets Of Houston And The Rise In Retail Centers

Houston TX has been the site of tourism, business growth, high traffic and has seen heavy developments within the real estate markets. Some experts projected that with the drop in the oil prices that hit the cuty in 2014, the commercial property demand was going to stagnate leading to too much surplus in the markets. That hasn’t happened and the demand for both housing and retail space has remained constant. If anything, some apartment space has grown in demand as some people have sold off suburbial properties and chosen to rent instead of own. But along with this, retail enterprises have hit a boom in Houston and demand for more space in that category has increased.

A premier commercial development firm, Highland Village has been one of those companies whose developments have reeled in some big business. And the person running Highland Village, Haidar Barbouti a man driven to bring excellence in everything he has built. Since 1990, Highland Village has seen the transformation from just one of your typical gas stops on the outskirts of Houston, to over 500,000 square feet of offices, chain stores, restaurants, and Barbouti manages the portfolio and lease agreements of the shopping center property. Barbouti himself is involved running a business within the shopping center, his own startup restaurant over on the east side as you can see on HaidarBarbouti.net.

Highland Park is not the only real estate firm to roll through the Houston plazas, the Radco Brothers company has also just recently moved into the market. They’ve just bought three residential properties over on the Country Place Dr and Woodforest Blvd roads along with another in San Antonio, and have focused in on renovating the formerly foreclosed properties. In the industrial and manufacturing sector, 6012 Avenue T LLC has decided to step in and redevelop some older abandoned warehouses and shipping centers to revitalize that area.

FreedomPop Snags Investors, Heads to the UK Read more

FreedomPop Snags Investors, Heads to the UK

FreedomPop was first started up in Los Angeles back in 2012. Upon establishment the company attained seed money from the founder of Skype. As a small tech start up in L.A. focusing on the telemarketing world, FreedomPop faced a ton of barriers in front of them as their ultimate goal was competition so engrained in the American culture with networks like Comcast and Samsung. Still, through determination and hard work FreedomPop has slowly carved out a name for themselves and now three years later look to be on the verge of a global expansion that could take their company to the next level.

What FreedomPop offers customers is pretty simple, but it is hard to believe. FreedomPop offers customers a core phone plan package that is completely free. Subscribers to the system get free talk, text, and mobile data with no strings attached. Of course these free services are fairly limited but they will never cost a thing. Users who enjoy the service can opt to upgrade to more expansive plans or purchase other programs to add on to their phone. Being a freemium mobile carrier in the age of expense is tough but FreedomPop has weathered the storm.

In fact, FreedomPop has gotten so popular that for months we assumed they would be engaging in an M&A deal. Instead CEO Stephen Stokols broke the news that the company would pass on the six offers that slid across his table, including a reported $250 million offer. After that was done we saw FreedomPop earn another $30 million from European investors in the Series B and now they are looking overseas to where the next phase of the FreedomPop expansion looks to be heading to.

FreedomPop is aiming at a soft launch in the UK with just their core service on display, at least to start. The core service, which will launch via SIM card to begin, offers 200 minutes, 200 texts, and 200 MB of total data. This package, again completely free, is considered to be the equivalent of a basic phone package in the UK. Stokols told reporters that you “can’t beat free” and that he doesn’t worry too much about the stiff competition in Europe’s most targeted market.

If FreedomPop wants to succeed in the long run as a huge company their work in the UK needs to go strong. In America FreedomPop has already pushed past the 1 million subscriber mark.

Source: http://techcrunch.com/2015/05/12/as-acquisition-rumors-swirl-free-mobile-service-freedompop-goes-live-in-the-uk/