Share to Twitter Share to Linkedin Here’s a scorecard on eight ways to own crypto. The most intriguing: a low-cost coin trust available at a nice discount. Are you interested in virtual currency, now trading at half the price it had last fall? Shop around. Among the many ways to get a piece of the action, there are wide differences in ownership costs. My favorite: a somewhat obscure bitcoin trust to be found in Fairfield, Connecticut. There are pros and cons to every means of getting cryptocurrency exposure, including the little outfit in Fairfield. This survey covers eight bitcoin bets in descending order of my views on their desirability. You may have a different ranking, especially if you are speculating on a quick turnaround. #1. Osprey Bitcoin Trust This quasi-fund (ticker: OBTC), created a little over a year ago, is a knockoff of the much better-known Grayscale Bitcoin Trust. Both trusts are closed-end, in that investors have no right … [Read more...] about How To Buy Bitcoin At 26% Off The Regular Price
Konga buy now pay later
These families buy about half of infant formula nationwide. Here’s how the Biden administration is trying to help them
(CNN) The Biden administration is seeking to make it easier for low-income families to buy whatever baby formula is available on store shelves amid a nationwide shortage . About half of the infant formula in the US is purchased by those using federal WIC benefits, which allow them to obtain the formula for free but restrict what type, size and brand they can select. Some 1.2 million infants are in the WIC program, formally known as the Special Supplemental Nutrition Program for Women, Infants, and Children. Each state has a contract with a single manufacturer. Abbott Nutrition , which is contending with a massive recall of its formula , is the exclusive provider to about half of infants in WIC. The February recall has exacerbated shortages caused by ongoing supply chain issues, leaving all parents with fewer choices in many stores. President Joe Biden has come under fire for not addressing the problem sooner and for taking limited action . … [Read more...] about These families buy about half of infant formula nationwide. Here’s how the Biden administration is trying to help them
Student Loan Forgiveness Makes Blue-Collar Workers Pay For ‘Worthless Gender Study Degrees,’ According To Donald Trump, Jr.
Share to Twitter Share to Linkedin Donald Trump, Jr. has weighed in on student loan forgiveness — and here’s what he said. Here’s what you need to know. Student Loans Trump sharply criticized President Joe Biden’s potential plan to cancel student loans for millions of Americans. “Biden essentially wants blue-collar workers like truck drivers — who didn't have the luxury of going to college to get drunk for four years — to bail out a bunch of upper-middle-class kids who chose to spend tens of thousands of dollars that they didn't have on worthless gender study degrees,” Trump told The Washington Post. Trump is referring to one major criticism of wide-scale student loan cancellation . As many Republicans have argued, Americans who didn’t go to college or who couldn’t afford to go to college would pay student loan debt for the select few who could. According to the latest student loan debt statistics , approximately 80% of adult Americans don’t … [Read more...] about Student Loan Forgiveness Makes Blue-Collar Workers Pay For ‘Worthless Gender Study Degrees,’ According To Donald Trump, Jr.
Europe is still confused about how to pay its Russian gas bills
London (CNN Business) Europe can't make up its mind on how to pay for Russia natural gas imports that continue to fuel homes, businesses and power stations. The confusion centers on the logistics of the payments themselves. Several European gas buyers have been preparing to work around the Kremlin's demand that gas bills be paid in rubles, rather than the euros or dollars stipulated in contracts. According to Russia's new payment mechanism, buyers in "unfriendly" countries must open two accounts at Gazprombank — one in euros and the second in rubles, from which payments for the gas would be made. But on Tuesday, the European Commission said companies opening an account in Russia's Gazprombank to allow their payments to be converted into rubles would fall foul of EU sanctions. That statement appeared to contradict guidance the Commission gave just four days earlier, which led some of Europe's biggest energy companies to assume they could get … [Read more...] about Europe is still confused about how to pay its Russian gas bills
PetChem buys Swedish specialty chemicals group Perstorp for €1.5b
- A + A KUALA LUMPUR (May 17): Petronas Chemicals Group Bhd (PetChem) is acquiring the entire equity interest in leading specialty chemicals group Perstorp Holding AB from Financière Forêt SARL for a base purchase of €1.538 billion (approximately RM7.018 billion) cash. The acquisition marks the creation of a significant specialty chemicals portfolio, while enhancing its overall earnings, said PetChem, which together with its wholly-owned unit Petronas Chemicals International BV (PCIBV), had entered into a conditional securities purchase agreement with the seller for the proposed acquisition. The Perstorp group currently derives more than 80% of its revenue from the 18 preferred chemical segments identified by PetChem, including surfactants, specialty polymers, specialty films, plastic additives, coatings, preservatives and biocides, and pre/pro biotics. Perstorp has also developed a number of solutions such as the game-changing production of sustainable methanol … [Read more...] about PetChem buys Swedish specialty chemicals group Perstorp for €1.5b
Y-Combinator-backed BharatX raises $4.5 million in seed round
Eeshan Sharma, COO & Co-Founder, Mehul Nath Jindal, CEO & Co-Founder, Shyam Murugan, CTO & Co-Founder Bengaluru-based fintech startup BharatX raised $4.5 million in seed round from Y Combinator , 8i Ventures, Multiply Ventures, Soma Capital and others investors to enable embedded credit in the Indian market, the company said on May 12. The Y-Combinator-backed startup plans to use the funds to build and expand its team, work on products and expand footprint. Existing investor Java Capital also participated in the round, which also saw participation of several marquee angels including Arash Ferdowsi, Co-founder, Dropbox, Harshil Mathur, CEO & Co-Founder of Razorpay, Shashank Kumar, Founder of Razorpay, Varun Alagh, Co-founder & CEO of Mamaearth, Kunal Shah, Founder and CEO of CRED, Ankur Aggarwal, Co-founder of Dunzo, and Vikas Choudhury, President of Reliance Jio. ''We want to give the middle class of India easy access to credit products that they … [Read more...] about Y-Combinator-backed BharatX raises $4.5 million in seed round
Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency
LedgerX co-founder Paul Chou is building on the sale of the company he created by raising capital for a new kind of cryptocurrency that can be spent on Earth, the Moon, Mars and beyond. I t’s just before midnight on a rainy autumn Friday. Paul Chou and his entourage dodge puddles on the runway of the Teterboro Airport in New Jersey as they board a Gulfstream private jet bound for Las Vegas. The flight attendant cracks open a bottle of champagne and with a nod welcomes the passengers aboard. The girls disappear into the back and emerge minutes later wearing sequined cocktail dresses and feather boas. Sensing she’s in for a party, the attendant offers a round of tequila shots just as the inertia from the plane taking off to the Bellagio Hotel & Casino forces her laughing into her seat. Ostensibly, Chou, 38, is celebrating not only his birthday but the sale for an undisclosed amount of LedgerX, the ground-breaking bitcoin derivatives firm he co-founded with his wife in … [Read more...] about Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency
What are the 5 best features of the Bajaj Finserv Insta EMI Card?
Modern appliances and gadgets are costly items and you may struggle at times to pay for them upfront. With the Bajaj Finserv Insta EMI Card , you can shop for the latest products on No Cost EMIs and pay for them in easy monthly instalments without burdening your other financial obligations. Being able to buy all your favourite products without having to pay the entire price in one go is a blessing. But the Bajaj Finserv Insta EMI Card accords you many other benefits such as online and offline shopping, convenient repayment tenors and a high spending limit. Instant application approvals and nil foreclosure charges add to the convenience of having a Bajaj Finserv Insta EMI Card. You can apply for one right away and get access to over 1 million products at the best rates and discounts. Here are the 5 best features of the Bajaj Finserv Insta EMI Card : 1. Digital card with minimal documentation Getting a Bajaj Finserv Insta EMI Card involves a smooth and … [Read more...] about What are the 5 best features of the Bajaj Finserv Insta EMI Card?
This 9.2% Monthly Dividend Portfolio Is In The Bargain Bin
Share to Twitter Share to Linkedin Every legendary investor worth their salt has some sort of phrase to describe what investors should be doing right this very minute. “Be fearful when others are greedy, be greedy when others are fearful.” “Buy when there’s blood in the streets.” Largely speaking, most stocks on the market are on sale to some extent. And sure, we could go out and make a few targeted bets on these bargains. But I’d prefer to squeeze even more value out of the stock market. Enter closed-end funds (CEFs). Why CEFs Are Our Best Option Now If we were to go out and buy an exchange-traded fund (ETF) that invests in, say, the Nasdaq Composite or Russell 2000, or really any area of the market you felt was underpriced, you’d be able to enjoy in the collective discounts of all their holdings. No more, no less. But with CEFs , we can do even better. My mom, to this day, refuses to pay the sticker price. If there’s a … [Read more...] about This 9.2% Monthly Dividend Portfolio Is In The Bargain Bin
Key info for those planning to retire in Thailand
If you are planning to retire in the beautiful and tropical country of Thailand, there are many places which will suit your interests. From up north in Chiang Mai where the air is cooler (during winter), to a tropical oasis in the southern islands, Thailand has it all. Of course, with all things, you will need to get sorted before you come and we are right here to help. Things to think about How much money will I need to retire in Thailand? For example, a retired couple should be able to live quite comfortably on £1,600 (71,000 THB, 2,100 USD) a month, but of course, it depends on your lifestyle. While the cost of living is low in Thailand, it is still important to have a savings of at least £20,000 (890,000 THB, 26,500USD), probably more, depending if you’re getting anything paid to you from outside the kingdom. This can help in the event of unexpected expenses, such as health insurance premiums, purchasing a car, or home repairs. For those in the UK with pensions, … [Read more...] about Key info for those planning to retire in Thailand