Month: November 2019

9 Ways You Can Own Famous Landmarks

Private Finance – 9 Ways You Can Own Well-known Landmarks
 

If you’re lucky enough to see the Kentucky Derby – permanent-room tickets for May’s 146th running just sold for $89 online – you can wager a few bucks and perhaps take away a small profit for your memories. But it’s doable to play the Derby another way: as a shareholder. Had you wagered $1,000 a year ago on the owner of Churchill Downs, you’d have $1,487, for a return of nearly 49%. Not terrible.

You also can own a piece of the storied Empire State Construction, deemed one of the Seven Wonders of the Modern World by the American Society of Civil Engineers, which includes marvels such as the Golden Gate Bridge, the Panama Canal and the Chunnel from England to France. Maybe country music’s holy Grand Ole Opry strikes a chord. Or what about the world’s most well loved sports contract?

For investors with a yen for a small history along with their returns, we’ve place collectively a list of investible well-known landmarks and the nine freely traded companies that own them. Overall, the bull market has been so grand for material goods and entertainment investors that if the stock pool below were an equal-biased choice, it would have a one-year return of 20.9% and a five-year gain of 85.1%.

Not all of our picks have been huge winners of late – some are being refurbished as landmarks and as funds, and might be more suited to bargain hunters comfortable with turnarounds. But all of these stocks will give you some conceited rights when you visit the mark in inquiry.

SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Choice

Kiplinger Private Finance – https://www.kiplinger.com/slideshow/investing/T052-S001-9-ways-you-can-own-well-known-landmarks/index.html

Trapped by Capital Gains? Opportunity Zone Funds Provide a Way Out

Private Finance – Trapped by Capital Gains? Chance Zone Funds Provide a Way Out
 Investing in funds to fix up a uneasy locality can do some excellent for the area in inquiry and for your own tax circumstances.
Kiplinger Private Finance – https://www.kiplinger.com/article/investing/T054-C032-S014-chance-zone-funds-can-help-with-capital-gains.html

Drone Delivery Gets Closer to Reality

Private Finance – Drone Manner of language Gets Closer to Reality
 What’s that up in the sky? A bird? A plane? Nah, just your drugstore order.
Kiplinger Private Finance – https://www.kiplinger.com/article/affair/T057-C000-S002-drone-manner of language-gets-closer-to-reality.html

Antony Jenkins and his visible values

Banking News – Antony Jenkins and his visible values
&nbspEx-Barclays’ CEO has tweaked his tagline to: ‘Transformation, Integrity and Impact’
Fiscal Times – Fiscal Air force – https://www.ft.com/content/936c9300-1200-11ea-a225-db2f231cfeae

Is it now or never for AML reform?

Banking News – Is it now or never for AML reform?
&nbspThe 2020 elections and a the makings new chair of the Senate Banking Group in the next House of representatives could place a deadline on passage of a bill to ease a key anti-money-laundering condition for banks.
Union Banking – http://www.americanbanker.com/news/is-it-now-or-never-for-aml-reform

Three Indian brokers restricted after probe

Banking News – Three Indian brokers top secret after probe
&nbspAuthorities reach preliminary findings that brokers misused clients’ assets
Fiscal Times – Fiscal Air force – https://www.ft.com/content/dc56eaa4-11b8-11ea-a7e6-62bf4f9e548a

Virgin Money: risin’ up

Banking News – Virgin Money: risin’ up
&nbspBetter times lie ahead for profitable lending groups, albeit amid Brexit gloom
FT.com – Banks – https://www.ft.com/content/f6274455-780e-4915-b5b2-f496e71331b2