Browse Category: Finance News

George Soros And His Fight For a Better World

George Soros is a name that has been very popular since the election of President Donald Trump. Soros is the individual who is known as one of the world’s most generous philanthropist. To this date, Soros has given over $12 billion to different funds in different countries. He is an individual who fights for justice in government, freedom of speech and equality. Soros is an individual who was born in Hungary in 1930. He and his family lived through the Nazi occupation, and many Hungarian Jews were murdered during the occupation. Soros and his family were able to survive by getting faults papers that hid their true identity. They not only helped members of their family to escape the Nazis, but they also helped many neighbors and friends do the same. Learn more on Discover the Networks about George Soros.

Soros left Budapest and decided to move to London in search of more opportunities, he worked part-time as a railway Porter, and he also got a second job working as a waiter to support his schooling. Soros attended the London School of Economics, and he got his degree in economics. Soros later moved on to the United States where he got a job working in the stock market. Soros was able to make his billions in investing.

Soros is the individual who is behind the Open Society Foundation. The Open Society Foundation is a network of different foundations all across the world. This is a foundation that fights for truth, democratic governments, freedom of expression and individual rights for all. These are some of the most fundamental ideals that Soros has held all throughout his life; that is the reason why he wanted to be able to create this fund that would encompass all of his passions and beliefs. Visit his site to know more at opensocietyfoundations.org.

Soros is now in his 80s, but he is still a very avid philanthropist and activist. George Soros works through Open Society, and he travels around the world to advocate for positive changes in the world. Soros is an individual who was very against the Trump administration. He believes that President Trump is an individual who does not speak for the majority of Americans, and he believes that his administration is suppressive. Soros is an individual who has used his success and wealth to help other people have a greater degree of independence. He is an individual who has published world renown books, and he is an individual who truly believes that his success in life obligates him to help those individuals who do not have the circumstances to represent themselves.

Read more: http://www.cnbc.com/george-soros/

Ohio Housing Market Experiences Success In Spite Of Nationwide Slowdown

Ohio just closed out it’s busiest year since 2005 in the housing market. Home purchases across the state are up 7.5 percent since last year, some 151,600 houses being sold. Solid price growth in the face of adversity paint an interesting picture for the Ohio housing market. Several conditions contributed to the increasing price growth and home sales; such as steady job creation and lower mortgage rates. However, as mortgage rates increased towards the end of 2016 the housing market mini-boom faced a potential threat. Another potential threat consisted of the lack of overall supply of homes in the area. With the buyer market stronger than ever, a shortage of homes to sell hindered the overall growth of the market. However, despite all this, Ohio still ended the year on their strongest note for quite some time. The average home listing in Ohio last month was $159,531, an increase of 4.8 percent from late 2015.

Tammy Mazzocco began her real-estate career as a secretary with The Edwards Realty Company.  She has since held positions as a condominium manager at Scotland Yard, a Property manager for T&R Properties and personal assistant for RE/MAX agent Joe Armeni.

Working with Joe provided Tammy with the experience of seeing the day-to-day operations of a highly-successful real-estate agent. This inspired Tammy to pursue real estate full-time in 1999. Currently, Tammy focuses on utilizing her extensive experience in the real estate industry to provide the best possible experience for her clients. She currently focuses on selling residential properties in Licking, Franklin, Delaware and Fairfield counties in Central Ohio. View Tammy’s agent profile on trulia.com.

Other Reference: https://in.pinterest.com/mazzacco1/

Capital Group’s New Chairman Has Many Years Of Experience

The world of investing can be highly confusing. Many people today know that they must be prepared to enter this world in order to help maximize their earnings. This is why so many people turn to investment professionals for advice. They know that they can count on people who know about investments in order to help them discover how they can earn large returns that will help them see their capital grow. People today need to have professionals at their side like Timothy Armour. As an investment adviser, he gives them the help they need to learn about complex world capital markets.

Many Years Of Experience

Tim Armour knows the capital markets and knows them well. He has been working in this field for over thirty years. At present, Tim Armour is the chairman of Capital Group Companies, one of the nation’s most respected investment companies. He is also the chairman and the principal executive officer of Capital Research and Management Company, Inc. This company is part of the Capital Group. He began his storied career when he chose to go into the field of equity investment analyst at Capital and become a participants in their highly respected Associates program.

During this time, he worked hard to cover global telecommunications issues and show investors how it would impact their lives to their benefit. His own educational background includes a bachelor’s degree that he earned in economics from Middlebury College in Vermont. He lives in Los Angeles, where he keeps a close eye on the capital markets both in the United States and in other parts of the world.

Appointed To His Present Position

Amour was appointed to his present position under sad circumstances. The previous chairman of the board passed away. His colleagues were saddened to learn of the loss of their admired leader, Jim Rothenberg. Armour stepped forward to assume a leadership role in the company and take it into new markets. He was elected chairman by those who many people who work for the company and know that he can provide the skills they really need to help it offer skilled investment advice that people need today. In taking over from Rothenberg, he hopes to help company officials figure out how to continue to reach out to existing clients and expand into entirely new markets as well. He knows he can led the company’s many workers truly forward today.

Keep Reading: American Funds Flows on Track to Break Even – Executive

A New Perspective of Charles Koch

Though becoming powerful is not easy, it can be expected by the best of the best who have superior knowledge. One individual in particular is the co-owner of a multi-billion dollar company that has put him several times on Forbes’ list of wealthy individuals. This man is Charles Koch and he is the proud owner of Koch Industries. This business has made headlines for finding efficient and least damaging ways in order to refine oil products in order to turn them into first order usable products. Koch Industries is responsible for developing products that are used to make many different popular goods.

Charles Koch is not only a proud business owner, but he is also heavily involved in politics. His belief in politics is more so Republican as he believes in the Libertarian cause. Charles Koch is very much a supporter of Adam Smith when he states that the invisible hand is not in need of government assistance to control the free market. Charles Koch is a firm believer that though the government should be present, the government should not intervene through subsidies, price controls, and through other forms of controlling the market. Mr. Koch states that this does more harm than good as it eliminates the efficiency of what the free market it.

In recent news, Koch sat down to a rare interview in order to disclose how he proceeds through his life. Mr. Koch states that though he is successful, he tries to stay out of the public eye as much as possible. Koch is also the proud author of his book, “Good Profit” which gives a full glimpse of his life of business.  Charles Koch specifically wants reads to see why he does what he does.

The Koch Brothers admittedly never started out poor as they inherited the family company. Though they never started out poor, Charles and his brother always had high expectations of them that, if failed, would never be lived down. This small glimpse into why they do what they do will be a new way to look at the Koch brothers especially through the eyes of anti-Libertarians.

For more information on Charles Koch check out the following links:

https://www.washingtonpost.com/news/the-fix/wp/2014/05/20/17-things-you-didnt-know-about-the-koch-brothers/

http://www.cnn.com/2016/04/24/politics/charles-koch-hillary-clinton-2016/

As Argentina Reemerges

The year 2001 saw a slump period in the Argentinian economy. The problem was debt which seems to be a pattern among modern nations. The country held tightly to a default had of roughly $95 billion: the largest ever recorded.

Here’s where the Argentina government begins to turn the tables. It’s now the year 2016. The financial industry turns its eyes toward the country and its breaking news. The government announces its solution to surmounting debt.

It will manage it by issuing bonds to the public and under New York state law. The country expected to see the purchase of nearly $12 billion by last month in April 2016 alone. This return to the international markets come as bonds that will mature in five, 10 and 15 year policies.

The agenda is President Mauricio Marci’s who’s undergoing a swift maneuver for stabilizing his economy. That economy was hurt badly during Cristina Fernandez de Kirchner’s tenure in office. These events took Argentina out of the world market during 2001.

The largest financier pursuing the investment option is none other than James Dondero’s Highland Capital Management LP. The asset management firm announces it picking up a significant amount of bonds released by Argentina. The firm now manages $19 billion worldwide and has the resources to make its stake secure.

There is no shortage of cash in Highland Capital’s hands. But we don’t know how much its stake will be. It’s obvious that James Dondero is confident of the new venture by Argentinian President Mauricio Marci.

In fact, James is very optimistic.

The firm got its start as Highland Capital Management LP in the year 1993. Dondero co-founded the organization and now operates as President. He had already purchased Argentinian bonds back in 2014. An investment that shows better returns for the firm’s portfolio than did its energy sector holdings.

Highland saw a 20 percent return from those Argentinian bonds. When the competitive average was 3.3.

The forward drive by Dondero is apparent.

The Highland group sees this a great opportunity, and one not to fail. But as a distressed investor, Capital Management is not the only one prepared to exploit the release of more Argentinian bonds.

A big shift is surely underway worldwide.

Follow James on Twitter and LinkedIn today!

Additional Links:

Meet James Dondero; the Highland Capital Management CO founder and President

http://dallasinspections.net/james-dondero-his-company-and-achievements/