If you have 50
dollars of assets for every dollar of equity, it doesn't take much of a decline in your asset values to wipe out your equity.
What's more, Graham's goal was to get
a dollar of assets for less than 50 cents, purchasing only companies that were on sale.
Not exact matches
«
For more than six months,
dollar - liability flows have outstripped
dollar -
asset flows but that is now reversing which is helping the
dollar,» said Hans Redeker, head
of global FX strategy at Morgan Stanley based in London.
Hannah Anderson
of J.P. Morgan
Asset Management says the near - term focus is on oil prices ahead
of an important meeting in June on OPEC - led oil curbs, but the weak
dollar is the longer - term variable
for markets.
As Marx foresaw, this process leads to monopoly and cartels as a few strong players drive weaker ones out
of business or acquire their
assets for pennies on the
dollar.
Noble is pursuing a $ 3.4 billion debt restructuring - crucial
for the survival
of the company - which has sold billions
of dollars of assets, taken hefty writedowns and cut hundreds
of jobs over the past three years to cut debt.
Embattled Noble has been negotiating a $ 3.4 billion debt -
for - equity swap — crucial to its survival — after selling billions
of dollars of assets, taking hefty writedowns and cutting hundreds
of jobs over the past three years.
TORONTO — The 2013 - 14 financial year was an unusually strong one
for the Canada Pension Plan Investment Board, which earned a 16.5 per cent annual return on the billions
of dollars in
assets it manages
for the national retirement system, but its CEO cautions that level
of growth likely won't soon be repeated.
We're talking about Cowtown's other notable Brian Hunter, the oil industry engineer who forced Bay Street to stop ignoring the average folks who collectively and unwittingly dumped hundreds
of millions
of dollars into the now frozen market
for asset - backed commercial paper (ABCP).
It's calculated annually by dividing operating expenses by the average
dollar value
of the fund's
assets — lowering returns
for investors, which is why it's important to know.
Together, countless everyday folks unwittingly dumped hundreds
of millions
of investment
dollars into the now - defunct market
for asset - backed commercial paper.
At close to half a billion
dollars, it was well beyond the outer limits
of what investors had ever paid
for a publishing company
of Wired's size — never mind one whose operations were on track to lose $ 11 million that year (not even counting a onetime $ 20.5 - million write - off to put the company's disparate
assets under one corporate umbrella).
We've already invested the lion's share
of our funds» original equity commitments to acquire about $ 1.8 billion
of assets, based on unpaid principal balance,
for less than $ 0.40 on the
dollar.
We also expect SolarCity to immediately account
for 40 %
of the
assets of the combined company on a historical cost basis, to contribute $ 1 + billion in revenue in 2017, and to add more than half a billion
dollars in cash to Tesla's balance sheet over the next 3 years.
For example, consider the set
of assets comprised
of the 10 - year U.S. Treasury, U.S. equities, international equities, oil, the VIX, a trade - weighted
dollar index and the BAA credit spread.
By reinvesting dividends, interest income, and capital gains
for an entire working career
of 40 + years, it would be a virtual certainty, or as much as such a thing is possible in a non-certain world, that the portfolio owner would retire with millions
of dollars in
assets due to the power
of compounding.
It makes no sense
for you to have all
of your money here, in
assets denominated in
dollars, if you have a portfolio worth at least $ 100,000 or more.
Uber has sold its China
assets to Didi Chuxing
for a 17.7 percent economic interest in the new enterprise, putting a stop to a rivalry that cost both companies billions
of dollars to dominate the country.
thanks, and yes, a pittance
of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch
of service)-- along the way, frugal living, along with
dollar - cost averaging,
asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed
for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
As shown in the chart below, signs
of economic stabilization in China combined with recovering commodity prices and a weaker U.S.
dollar created short - term tailwinds
for EM
assets.
The decision by the U.S. Federal Reserve to move away from its quantitative easing policy — in which the central bank creates billions
of dollars to buy financial
assets each month — comes amid signs the American economy is beginning to heat up, which would boost demand
for Canadian imports.
The market implications: A slower expected pace
of Fed tightening is pausing the
dollar's rise, and this bodes well
for risk
assets and emerging markets in particular.
Invested
assets, an important indicator
of the size
of client funds managed by the bank, dropped
for the first time since June as currency swings from a weaker
dollar left their mark.
As my colleague, Richard Turnill, notes in a recent blog post, the US
dollar has been steadily weakening because
of an improved outlook
for investment activity globally and a reduced need
for precautionary savings to be tucked away in US
dollar safe - haven
assets.
A Fed on hold and weaker
dollar are good news
for the
asset class (see the chart below), and there are signs
of progress on structural reforms in certain EM countries.
But there's more to it than that, because the size
of the Fed's footprint is ultimately determined, not by the
dollar - value
of the Fed's
assets, but by the real demand
for its liabilities.
San Francisco, CA, May 3, 2018 — Codex, a cryptocurrency and decentralized title registry
for the $ 2 trillion
dollar arts & collectibles (A&C)
asset class, has unveiled a distinguished catalogue
of crypto - themed artwork that will be made available at the live Codex Charity Art Auction at Ethereal Summit on May 12, 2018.
Another stalwart in our global treasury and cash management awards categories is J.P. Morgan
Asset Management, which boasts a wide range
of highly rated US
dollar, sterling and euro money market funds (MMFs)
for treasurers to invest in.
Over the past couple
of years, speculators have also used short sales
of gold to obtain low cost funds to invest in other
assets —
for example, by shorting gold (borrowing it and selling it in the spot market), market participants have been able to obtain US
dollars at between 1 and 2 per cent, well below the rate
of return available on US
assets.
The US
Dollar is the «grand unifying theory
asset»
for nearly any and all «profile» global macro or thematic equities trades in the marketplace right now, as it represents investors being long this «new» version
of «economic growth.»
One
of the headwinds
for WIP, and foreign
assets generally after conversion into US
dollars: a rally in the greenback.
May 3 - Rising costs start to squeeze American businesse CNN Money May 3 - Home Prices Jump Again And «$ 3 Gas Is Coming»
Dollar Collapse May 3 - Gold price claws its way higher on Fed meeting and geopolitics Gold - Eagle May 2 - Q&A on SS Central America Gold Coins CoinWeek May 2 - Goldman says case
for owning commodities has «rarely been stronger» than it is now CNBC May 2 - Gold, Silver See Corrective Bounces Ahead
Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise
of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin
of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era
of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold:
Asset, Commodity, Currency Or Collectible?
What's really unfortunate with the whole situation is that the men and women who do exactly what history has proven works, that is, continue to
dollar cost average, reinvest dividends, and focus on strong quality
assets, were punished
for the stupidity
of others.
Dollar - denominated assets such as gold are sensitive to moves in the dollar — a fall in the dollar makes gold less expensive for holders of foreign currency and thus increases demand for the precious
Dollar - denominated
assets such as gold are sensitive to moves in the
dollar — a fall in the dollar makes gold less expensive for holders of foreign currency and thus increases demand for the precious
dollar — a fall in the
dollar makes gold less expensive for holders of foreign currency and thus increases demand for the precious
dollar makes gold less expensive
for holders
of foreign currency and thus increases demand
for the precious metal.
Then the housing crash happened and the Fed cut interest rates to actual zero, keep them there
for 7 years and does something like 3 trillion
dollars in quantitative easing, which is basically printing money and then using that new money to buy
assets from the banks which is the kind
of backdoor bailout essentially the Fed doing a kind
of cash
for trash
for the Wall Street banks.
For the seventh consecutive year, there was growth in all key metrics — number
of individual donor - advised funds, total grant
dollars from them, total contributions to them and total charitable
assets in them.
Strategies
for Reducing Risk —
Asset Allocation — The Importance
of Diversification — Small Caps versus Large Caps —
Dollar Cost Averaging
An additional factor which has, at the margin, increased the demand
for Australian -
dollar assets is demand from other central banks to hold Australian
dollars as part
of their international reserves.
As we stated in our last article,
for reasons we presented in our charts, we are quite confident that the real major move in gold and silver prices in this current bull are ahead
of us, not behind us, and that this current price drop in gold and silver
assets will eventually provide a solid point to get on board
for the second rise
of gold and silver in US
dollar denominated
assets.
In addition, if an ETF that buys futures contracts is very large (
assets in the tens
of billions
of dollars), it might be possible
for other investors to trade ahead
of the fund when it's time to roll its contracts each month.
For purposes
of the category definition, up to 30 %
of a Fund's
assets may be held in Foreign Fixed Income products which will be treated as Canadian content provided that the currency exposure on those holdings is hedged into Canadian
Dollars.
Analysts say that ETFs could spark an even bigger rally
for an
asset class that has already added hundreds
of billions
of dollars to its value this year alone.
Unfortunately, those billions
of dollars in revenue and
assets are primarily used
for the carnal comforts and conveniences
of man — not the scriptural directives
of Christ and the Apostles
for the church.
They are in control
of and spending millions upon millions
of dollars of assets, donated in good
for faithful Catholic good works, and using those
assets to tear down and distort the real faith as their orders are decimated
of new vocations.
Apparently we have no money to spend despite making a 20mil profit this window and over 100 mill
of cash reserves kroenke is trying to get a 1 billion
dollar loan to fund his new NFL stadium no wonder he's trying to show that his other
assets can make money We're not signing anyone
for the rest
of the window Gazidis is a pushover interested in making as much profit as possible and wenger lost it can't keep up with all these younger managers
We live in the era
of NBA teams trading superstars
for pennies on the
dollar, and the Cavs just managed to use the
assets from the Kyrie trade to turn over half their roster.
«It's the most reasonable thing in the world
for a park district that is spending hundreds
of thousands
of dollars on an
asset to want ownership decided,» said Bill Franz, the park board's attorney.
State Assemblymember Robert Rodriguez, a Democrat from East Harlem running
for the City Council, has a second job at an
asset management and financial consulting firm that has earned him hundreds
of thousands
of dollars over the last few years.
The Singhs and their companies have been sued
for millions
of dollars by their creditors and federal prosecutors are seeking forfeiture
of assets including their Laurel Hollow home.
The probe is also exploring other cases involving investigations into Robert Stricoff, Donald Rodgers and Justin Meyers — figures associated with the administration
of Suffolk County Executive Steve Bellone — and whether the distribution by the district attorney's office
of millions
of dollars in
asset forfeiture money was improperly used by the DA's office as a reward
for favorites or
for the office's own political benefit.