Imagine standing atop a rollercoaster and peering into the abyss: that's the feeling many of us have after Jerome Powell's recent announcement. As the Chair of the Federal Reserve, Powell has signaled the potential onset of a severe economic recession, and this news has...
It's been a hectic few days in the tech world, thanks to the collapse of Silicon Valley Bank (SVB). Everyone seems to have an opinion on what happened, and there's a lot of information to sift through. So, we've put together this article to...
What Caused the Bank Runs and Bank Failures?
The collapse of both Silicon Valley Bank and Signature Bank was caused by bank runs. A bank run is when depositors rush to withdraw their money from a bank, usually because they fear the bank may become...
Real estate has long been considered an excellent long-term investment due to its potential for higher returns and tax advantages. Here are some reasons why savvy investors prefer investing in real estate over equities:
Long-term Investment Opportunity
Real estate investments require a long-term commitment and are...
Real estate has been a lucrative investment option for building wealth for centuries, and some of the world's wealthiest individuals know this well. Currently, three out of the five wealthiest individuals globally are making distinctive moves within the real estate sector.
Warren Buffett's Bet on...
Bill Gates, the co-founder of Microsoft Corp and a renowned philanthropist, still remains in the list of the world's top ten richest people. Although Gates had previously announced his intention to eventually withdraw from the list, he appears to be losing significant amounts of...