Tag Archive for Investment

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Here’s One More Reason to Get that Chanel Bag

For years, Birkin by Hermès has been the go-to investment item for luxury fashion enthusiasts. It had the reputation of not only being able to hold its value year after year but also surpassing its original price on the secondary market, especially during the 2020 lockdown. Now, however, Chanel s…

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Got LEGOs? You Could be Sitting on a Pile of Cash

For years, analysts have listed Birkins, wines and spirits, vintage autos and timepieces amongst others as the best performing alternative assets available. However, new research has uncovered a worthy yet largely ignored player: LEGOs. According to researchers at the Higher School of Economics i…

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Bitcoin takes its Place on the NYSE… As an ETF

For the first time ever, Bitcoin will begin trading on the New York Stock Exchange (NYSE) as an exchange-traded fund (ETF) following the approval of Proshares’ ETF which will operate under the ticker symbol ‘BITO’. The ETF will invest primarily in bitcoin futures contracts and will not directly i…

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Dual Citizenship? Consider Investments in the Caribbean

Professional Wealth Management Magazine, a publication from the Financial Times, released the fourth edition of its annual report- A Guide to Global Citizenship: the 2020 CBI Index. It evaluates all active citizenship by investment (CBI) programmes in the world and ranks them against nine pillars…

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Scam or Nay? TikTok-Inspired Dogecoin Surge

The world of bitcoin and cryptocurrencies was set alight last week by the sudden surge of dogecoin—a “joke” cryptocurrency that’s doubled in value in the last two days thanks to videos posted on controversial China-based app TikTok. Dogecoin, a tongue-in-cheek bitcoin rival name…

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Where the World’s Wealthiest Invest Their Billions

Being part of the global billionaire class is beyond the imagination of most people. At the threshold of $1 billion, a 5 percent return would yield an annual interest payment of $50 million — without ever touching the principal. But how billionaires, from those in the single digits to near the to…