How Online Banks Work
The best online banks, sometimes called “direct banks” or “virtual banks,” perform many of the same functions as old-style brick
Read more
Market Wisdom
Is the Canadian National Railway Making Money?
In plain English, that means CN is hauling more freight but making less money from it. Such figures call the Microsoft founder’s faith in CN into serious question.
The infrastructure and the relatively low price; $90.17 on July 26, 2018, make CN a partial value investment.
Adding to the value was a dividend of 35.1¢ paid on June 29, 2018. That was down slightly from 35.2¢ paid on March 29, 2018, but still very respectable. The dividend has also grown significantly in the past year, it was just 30.6¢ on April 25, 2017.
Basic Income for Christians
Christians and other conservatives need to rethink their mindless adherence to the jobs culture and start exploring alternative ideas like basic income. If they do not, the people of faith will see the market destroy everything they value.
A basic income might allow many people to remain in or move to traditional small towns or rural areas. People with a basic income might be able to take time off from work to volunteer at church. A basic income might also allow more families to home school.
Read more
Why Bigger is better for Value Investors
Learning the importance of bigness and understanding its role in success is vital for investors. Investors that understand why “bigger is better” can put themselves in a position to make more money.
Read more
Meet the 25 Best Auto Insurance Companies in the USA
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 rides the Tiger
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.
A Powerful New Idea for Financing Healthcare Research and Curing Cancer
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
The Most Hyped Stock in America: Bank of Internet
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
Is it Layoffs or Union Busting at Tesla?
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
Who Can Get You Your Compensation in Australia?
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