Month: July 2020

Warren Buffett, chairman and CEO of Berkshire Hathaway David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway this week again added to his already-enormous stake in Bank of America at a time when the coronavirus pandemic dampens the economic outlook and interest rates hold near record lows. A Securities and Exchange Commission filing showed Buffett’s
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Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm.  getty There is a broad spectrum of commercial real estate types to consider when investing. When the economy shifts or crises occur, multifamily has consistently proven its resiliency, stability and predictability. Multifamily is doing so again during Covid-19
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People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. U.S. Federal Reserve Chair Jerome Powell on Thursday said the COVID-19-induced economic downturn has inflicted acute pain across the country, noting that the burden is not evenly spread. Ting Shen | Xinhua via Getty Images Some borrowers benefit
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The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal and other uses. Some of
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Donald Trump on Thursday raised the possibility that the upcoming US presidential election in November should be postponed. In a tweet, he said greater use of postal ballots would lead to widespread fraud in the November 3 vote — polls show him trailing Joe Biden, his Democratic challenger — and said: “Delay the Election until
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CNBC’s Jim Cramer urged investors Monday to remain cautious about the length of time it takes to develop a successful coronavirus vaccine, saying that Massachusetts-based biotech firm Moderna may be painting too rosy of a picture.  “It’s not a simple case. You don’t just say, ‘Hey, look at this. These people didn’t get Covid over a couple weeks.’
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Unlikely as it may seem, there are some beneficiaries who prefer not to receive inherited assets. The reasons vary: Often the beneficiary would like the assets—such as a traditional or Roth IRA or other inherited retirement plan—to be given to someone else. Other times the intended beneficiary does not want to be taxed on the assets.
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Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Group. getty Multifamily housing is known as a recession-resilient investment. However, during black swan events like the Covid-19 pandemic, landlords across the country are nervous about the potential for an influx of late payments. It’s estimated that 11% of renters across the country fell behind on
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For most investors, a safe and sound retirement is priority number one. The bulk of many people’s assets go into accounts dedicated to that purpose. However, living off your investments once you finally retire can be as challenging as saving for a comfortable retirement. Most withdrawal methods call for a combination of spending interest income
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