Amica Mutual. America’s first auto insurer; founded in 1907, is still one of the highest-rated. Amica was to found to provide the best overall customer service of the companies surveyed.Read more
Goldman Sachs is experimenting with cryptocurrency trading. The bank was laying the groundwork for a cryptocurrency trading desk in December 2017, Bloomberg Markets revealed.
The desk is supposed to be up and running by the end of June, Bloomberg Markets speculated. Note: Bloomberg’s reporting is unreliable because the sources of the information were identified only as “people.” That means the article was based largely on hearsay.
Fortunately, Lo may have figured out how to finance healthcare research and the war on cancer without raising taxes.
His suggestion is for Uncle Sam to issue CancerCures bonds similar to the war bonds the US government issued to finance World War II. The bonds would finance biomedical research into a cancer cure.Read more
If you are looking for an income stock that’s likely to be around a few years from now Chase, BoA, and Wells Fargo would be far better investments. It will be a miracle if Bank of Internet is around next year.
Those seeking a next-generation financial solution would be better served by PayPal Holdings (NASDAQ: PYPL). PayPal reported assets of $32.65 billion, $13.047 billion in cash and short-term investments, revenues of $3.744 billion, a net income of $620 million, and a gross profit of $2.072 million for 4th Quarter 2017.Read more
Musk is cutting administrative fat in preparation for a sale or a merger with another automaker. At least 63 people were laid off at Tesla’s head offices in Roseville, California. If there is a buyout or merger, I would rank India’s Tata Motors (NYSE: TTM), which owns Jaguar and Land Rover as the probable candidate.Read more
In most cases, if you have been working for someone else, and have become injured while at work, then you can very likely claim workers compensation. Another condition under which workers are entitled to compensation is when they are being paid a wage for the work they are doing when they get injured.Read more
The moral of the story is to stay away from bubbles but never read too much into them. Always remember that at the end of the day, a bubble is nothing but a bunch of fools wasting their money on an overpriced asset. A bubble is simply normal human behavior not necessarily a sign of the apocalypse.Read more
This certainly looks like a bubble that is being driven by fears of inflation. A great many people in the market are afraid the dollar is about to collapse so they’re looking for a hedge.
Bitcoin in particular is great hedge, because it is almost instantly convertible into other currencies, unlike gold. That makes it the perfect alternative for average people who are scared of the dollar.Read more
If you want to understand the origins of the retail apocalypse; and the rise of Amazon (NASDAQ: AMZN), read this book. Does a good job of explaining who Jeff Bezos is and exposing his thought processes.Read more
Select is likely to increase expenses for a lot of Airbnb hosts; because they will have to add expense new amenities such as maid services and toiletries. This will put pressure on hosts with limited financial resources, because there is no evidence Airbnb is planning to speed up payment for bookings.Read more