Author: Fred Imbert

Goldman Sachs explains how investors can hedge against U.S. election uncertainty

Investors seeking protection against an uncertain U.S. election could park their money in the Japanese yen, an analyst from Goldman Sachs said on Tuesday. Markets have increasingly warmed up to a “blue wave” in the U.S. elections this week. That’s an outcome where Joe Biden defeats Donald Trump in the presidential race, and Democrats win…
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Elon Musk’s net worth zooms past Warren Buffett’s, Bloomberg reports

Elon Musk’s net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc (TSLA.O) became the seventh richest person in the world, according to the Bloomberg Billionaires Index. Musk’s fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8% jump in the electric carmaker’s stock. Buffett’s net…
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From Paranthas to shampoos here’s listing the stranger things that attract GST

Odd items that attract GST The inclusion of paan masala under the GST structure has been under discussion for a while. In the 40th meeting of the Council as well, no consensus could be reached. If you think paan masala is a weird item to argue about, take a look at some other oddities in…
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Jim Cramer: Stop buying index funds and buy these ‘Covid winners’

CNBC’s Jim Cramer on Thursday laid out two buckets of stocks that he recommends investors consider adding to their portfolios. In making his case for the stock picks, the “Mad Money” host admonished index investing in this volatile market environment. “Stop circling the wagons around index funds here,” he said. Investing in index funds, a…
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The Psychology of Making Money

Regardless if you need to earn some fast cash or we’re just talking about making money in the grand scheme of things, there’s an important psychology that needs to be mentioned before getting into the strategies. If you study Freud’s model of the mind, you’ll discover the Psychic Apparatus. It’s the three-part construct in your…
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Buffett knocks Elon Musk’s plan for Tesla to sell insurance: ‘It’s not an easy business’

OMAHA, Neb. — Warren Buffett said Elon Musk’s Tesla will probably struggle as it ventures into the insurance business, a field in which Berkshire Hathaway thrives in. “It’s not an easy business,” Buffett told shareholders at the Berkshire Hathaway annual meeting. “The success of the auto companies getting into the insurance business is probably as…
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