As an investment advisor to high net worth individuals, I often encourage clients to consider diversifying their portfolios into alternative asset classes such as fine art and antiques. Antiques and fine art can add diversification, not only to a portfolio, but to one’s life, with many benefits including the opportunity for appreciation. Making antiques and fine art a component of a personal financial portfolio offers a three-prong value proposition
Posts Tagged opportunity
The MBA reports: Mortgage Refinance Applications Continue to Increase, Purchase Applications Decline Further The Market Composite Index, a measure of mortgage loan application volume, increased 11.3 percent on a seasonally adjusted basis from one week earlier … The Refinance Index increased 17.0 percent from the previous week. This third consecutive increase marks the highest Refinance Index recorded in the survey since October 2009
From Bloomberg: Most Targeted for Mortgage Relief Don’t Qualify, Official Says A majority of the 3.2 million borrowers targeted by the U.S. Treasury Department for mortgage relief under the administration’s foreclosure prevention program are unlikely to qualify, an agency official said. …
We are seeing more and more waves of secondary offerings continue to hit the street since the stock market has held up. Many stocks are close to near-term highs and it seems they are raising cash in case the opportunity goes away. Allos Therapeutics, Inc.
William Clay Ford, Jr., the company’s CEO since 2001, went outside the industry and he and Ford’s board brought in Boeing executive Alan Mulally to replace him in September 2006. Mulally, in turn, bet the company in order to take advantage of the opportunity to fill its treasury later in 2006 just before the auto market [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Ford’s (F) July sales rose 2.3% to to 165,279. SUV sales were weak, off 36%, so cars and crossovers had to make up for that.
Fed Chairman Ben Bernanke is to provide testimony before the House Committee on Oversight and Government Reform regarding the Bank of America’s acquisition of Merrill Lynch. Might be interesting …
