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How to Increase Value on Your Cayman Investment
Written by: Dreamfinders.com Real estate in Cayman Islands can be some of the most sustainable returns that you can get as an investor. Properties tend to increase in value over time, especially as the area expands, and you can also accrue passive income if you’re able to find renters for your property when you’re not visiting the islands. If you want those investments to grow, you’ll need to keep a few concepts in mind. Cayman is Expanding One of the biggest announcements to come out of September 2015 was that the airport is expanding its ability to handle greater number of passengers, and its parking lot is also receiving a…
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What Did Bernard Madoff Do?
On June 29, 2009, Bernard L. Madoff was sentenced to 150 years in prison. Let’s take a moment to understand how his scheme worked. The end result, of course, is that Madoff created up to an estimated $50 billion of losses for investors — said to be the biggest fraud committed in the history of Wall Street. Too Good to Be True Madoff’s firm offered what most investors seek — low risk and high returns. This should have fallen under the “too good to be true” category, as these concepts are fundamentally at odds. Investors should have seen red flags when they saw that no other investment…
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The Dismal Financial IQ of US Managers
Article Written by: RAC Maghreb Our experience over the years has shown us that the vast majority of managers and leaders in Fortune 1000 companies have deficiencies in their basic financial knowledge. We spend most of our time teaching managers and leaders in corporate America how to read their own financial statements, understand key financial measures, and use financial tools to understand the data. Last year we developed a simple financial literacy test, in part because executives almost always assume their managers and leaders know more about finance than they really do, and in part because it’s a great tool to assess people’s knowledge before we develop a…