Rental real estate is a pain, but can be very lucrative if done right. Here’s a whole bunch of things you might need to consider.

by HauntingArmadillo5 EDIT: Alrighty, I’m wrong about depreciation. Depreciation is still a thing, still affects your personal income taxes, but I’m heading right back to google to correct my own information. Guys, I wrote this whole thing off the top of my head based on what I have personally learned, and I sincerely apologize, I don’t … Read more

If you’re looking to get into value investing (similar to that of Warren Buffett), these would be my beginner book recommendations:

by resubleu Invested by Danielle Town Talks about the journey of a daughter and her adventures towards learning how to value invest. This goes over concepts, how-to’s, and the emotions involved with it. In my opinion, this is probably the best intro book for those looking to pick up after Warren Buffett or Charlie Munger. The … Read more

Hasn’t GE failed?

by dvdmovie1 16 years of mediocrity (and that’s being generous) from Immelt. GE was the worst stock in the Dow during his time there (https://www.marketwatch.com/story/ges-stock-is-the-worst-dow-performer-since-immelt-took-charge-2017-06-12) and now it’s no longer in the Dow. I think there was not appreciation of the view that I’ve had on GE that bad/mediocre management, left for long enough, starts to … Read more

Chinese Tesla Rival Launches U.S. IPO

https://www.youtube.com/watch?v=eZ83JPIdZqA&t=307s&pbjreload=10 “The company claims its cars have similar performances as Tesla’s, but at half the sticker price. The ES8 sells at a base price of 448,000 yuan (about US$66,000), while Tesla’s Model X has a base price of about 920,000 yuan in China.” – https://www.scmp.com/business/companies/article/2161816/chinese-ev-maker-nio-steps-accelerator-seek-us132-billion-us-ipo

Surges & Plunges: Update on Rents in the Top 100 US Cities

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Rents plunge in Chicago, Honolulu, New York, Washington DC, and others, but surge in many markets. Across the US in August, the median asking rent for 1-bedroom apartments rose 2.2% from a year ago, to $1,209. For two-bedroom apartments, it rose 3.2% to $1,447. But national numbers average away the often-double-digit drama, up and … Read more

Why Is Productivity Dead in the Water?

by Charles Hugh-Smith The only possible output of this system is extortion as a way of life. As the accompanying chart shows, productivity in the U.S. has been declining since the early 2000s. This trend mystifies economists, as the tremendous investments in software, robotics, networks and mobile computing would be expected to boost productivity, as these … Read more

The Price of Cheap Dollar-Debt: Argentina’s Peso Collapses 24% in 2 Days as Government Begs for Faster IMF Bailout

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Peso collapses despite the $50-billion IMF bailout and the central bank’s 45% interest rate. Just when you think Argentina’s financial crisis can’t get worse, it gets a whole lot worse. In order to halt the peso from collapsing further, the IMF, after some serious begging from the government, had agreed to … Read more

The PayPal Mafia

The original group of PayPal founders and employees who have gone on to become one of the most successful groups of individuals in the world. The portfolio of companies they’ve founded includes; Tesla, Youtube, Space X, Linkedin, Yelp, and Founders Fund, to name a few.   “PayPal Mafia” is a term used to indicate a … Read more

Economic Doom Returns: Emerging Market Currencies Collapse To Record Lows As Global Financial Chaos Accelerates

by Michael Snyder After a little bit of a lull, the international currency crisis is back with a vengeance.  Currencies are collapsing in Argentina, Brazil, India, Turkey and other emerging markets, and central banks are springing into action.  It is being hoped that the financial chaos can be confined to emerging markets so that it … Read more

Trump Drops the Hammer on Big Tech, Says Google, Facebook are In “Very Antitrust Situation”

by Chris Black   Well, that didn’t take long. Following the global uproar in the aftermath of the Masters of the Universe banning and censoring conservatives left and right on their social media platforms (Alex Jones comes to mind, but there are many unsung heroes in the alternative media wars), President Trump dropped the hammer … Read more

John Rubino: Many emerging market currencies are collapsing. These crises have the potential to spread across the globe, and could lead to the ultimate demise of the U.S. Dollar.

https://www.youtube.com/watch?v=DGgVqvj8f2I&feature=youtu.be Many emerging market currencies are collapsing. John Rubino says these crises have the potential to spread across the globe, and could lead to the ultimate demise of the U.S. Dollar. Venezuela, Argentina, Turkey, and Pakistan all have currencies that are in crisis. These currency crises could be the catalyst for the crash of the … Read more

Trump: Clinton Emails Hacked By Chinese, Cost Lives Of US Spies In China

649-thousand Clinton Emails Discovered On Huma Abedin/Anthony Weiner’s Laptop By Hero FBI Agent Working Weiner Sex Crimes Against Children Case Had Already Been Transmitted To The Chinese Government. US Spies In China Were Assassinated As A Result. Donald Trump Slams Google, Facebook, And Twitter. Warns There Will Be Consequences For Silencing Of Conservative Voices On … Read more

FACE OFF between Trump and Obama this Fall

Thousands of People would be alive today if it weren’t for the Open Border Policy of Obama – President Donald Trump Well Trump said blah blah blah blah blah blah. – Barack Obama Former (possibly)Illegal President of the USA. I don’t need to hear any more for the Establishment and their destruction of America. Piers … Read more