Nishad Singh was FTX’s Director of Engineering and had a 7.8% stake in the crypto exchange. The 27-year-old has been out of the public eye even as other top execs make headlines for their role in FTX’s collapse. Singh received a $543 million loan from Alameda Research, per bankruptcy filings. Loading Something is loading. Thanks… Continue reading Everything we know about Nishad Singh, the 27-year-old former FTX exec who had an 8% stake in the crypto exchange
Warren Buffett’s daughter-in-law was stumped by what to get the investor for Christmas – so she shared her company’s finances with him
Warren Buffett’s daughter-in-law showed the investor her company’s finances as a Christmas gift. Mary Buffett couldn’t think of anything else to give the billionaire businessman. “I put together our music company’s balance sheet to show him that we were making money,” she said. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Warren Buffett’s daughter-in-law was stumped by what to get the investor for Christmas – so she shared her company’s finances with him
A real estate investor and wholesaler who profited over $500,000 in 2021 shares 4 pieces of investing advice for 2023, including what not to do: ‘Stay away from flipping’
Ludomir Wanot, who is financially independent thanks to real estate, gave his top advice for 2023. For starters, avoid flipping properties right now. He also recommends having cash on hand and looking into seller financing. Ludomir Wanot started investing in real estate in his early 20s. He and his brother bought a $138,000 fixer-upper in… Continue reading A real estate investor and wholesaler who profited over $500,000 in 2021 shares 4 pieces of investing advice for 2023, including what not to do: ‘Stay away from flipping’
US stocks rise in choppy session after new economic data but S&P 500 logs 3rd-straight weekly loss
Carla Mozée Thomson Reuters US stocks ended Friday’s session higher, closing out the final full trading week of 2022. The day’s data deluge included the Fed’s preferred inflation gauge, which was slightly higher than expected. The S&P 500 and the Nasdaq Composite marked their third straight weekly declines. Loading Something is loading. Thanks for signing… Continue reading US stocks rise in choppy session after new economic data but S&P 500 logs 3rd-straight weekly loss
Big investors warm to bonds after historic 2022 selloff boosts yields
Investors are overweight bonds relative to other asset classes in their portfolios for the first time since 2009 Author of the article: Financial Times Tommy Stubbington in London and Kate Duguid in New York Published Dec 23, 2022 • 4 minute read Join the conversation Signage is seen at the New York Stock Exchange in… Continue reading Big investors warm to bonds after historic 2022 selloff boosts yields
Canada’s economy is holding up better than expected — and that’s not all good news
Signs of resilience bolster the case for the Bank of Canada to increase interest rates again Author of the article: Bloomberg News Randy Thanthong-Knight Published Dec 23, 2022 • Last updated 3 hours ago • 2 minute read 17 Comments Shoppers in Toronto’s Eaton Centre in October. The economy is on track to expand at an… Continue reading Canada’s economy is holding up better than expected — and that’s not all good news
Hiring for holiday season ‘chaotic’ as applicants ghost retailers in tight labour market
‘One day I had six interviews. Nobody came’ The retail sector has been particularly hard hit by labour shortages in the aftermath of the pandemic. Photo by Spencer Platt/Getty Images Hiring retail sales associates for this year’s holiday shopping season hasn’t been easy for Ana Gamboa. In fact, the associate manager at a Montreal store… Continue reading Hiring for holiday season ‘chaotic’ as applicants ghost retailers in tight labour market
The pros and cons of investing in commercial real estate
Investing in commercial real estate can be an effective way to mitigate a rising interest rate environment Condo and office towers fill the downtown skyline in Vancouver. Photo by Darryl Dyck/The Canadian Press files Diversification is a key strategy for all investment portfolios, but it’s especially important for larger portfolios since the bigger a portfolio… Continue reading The pros and cons of investing in commercial real estate
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