Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Wednesday, February 12, 2020

AMAZON CEO - Jeff Bezos Prediction

"Amazon CEO Says His Company 'Will Go Bankrupt'..." by Laila Husain, The Motley Fool 2/11/2020

Jeff Bezos just shocked Amazon investors to the core with this dire statement:

“I predict one day, Amazon will fail.”

In a recent interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.”

What might be even more alarming is that Bezos has been dumping roughly $1 billion worth of Amazon stock every year…

But Bezos isn’t just cashing out, he’s reinvesting his money into a company utilizing a fast-emerging technology that he believes will “improve every business.”

What most people don’t know… is that there is a tiny component powering this tech revolution… a component that Amazon doesn’t produce in-house.

That’s because another company (less than 1/6th the size of Amazon)…is producing a component so powerful that it is absolutely annihilating the competition.

He’s not alone in seeing it this way…
  • A Shark Tank billionaire says it will create the world’s first trillionaire
  • Elon Musk is contributing to a $1 billion investment in this technology
  • Even super-investor Warren Buffett says that it’s “enormously disruptive” and will have a "hugely beneficial social effect”
  • So what is it about this technology that has some of the most successful investors in the world pouring fortunes into it?
They see it as a massive investing opportunity – much bigger than Amazon, Tesla, and Berkshire Hathaway combined.

You see, even though these billionaires have been openly talking about this technology to anyone who will listen, most ordinary Americans still don’t know how to get in on the action and invest in what could be the investment opportunity of a lifetime!

Namely, some market researchers believe this technology could potentially be worth up to $19 TRILLION!

With numbers like that, and with so many of the richest investors and entrepreneurs in the world racing to get in on this new technology… you can see why paying attention could really pay off.

But we believe the biggest returns are yet to come.

Which is why I don’t feel like I’m very far out on a limb with this “bold” prediction:

Five years from now, you’ll probably wish you’d bought this stock.

And the good news is that you can find out all about this company and this incredible technology today.

What I’ve told you so far is just the tip of the iceberg...

So, to help regular Americans like you understand how to take advantage of this emerging trend, The Motley Fool’s team of investment analysts has laid out the full story on this incredible tech trend in a brand-new, FREE report.

And trust me… you are going to want to see this report before you invest $1 on any tech company.

You see, we’ve laid out the full story on this “powerful trend” in an exclusive report – but you’ll need to act quickly…

Because according to our analysts, this next-gen tech revolution looks like it’s about to take off, and I think you’ll want to get in on this before that happens.

NOTE:  Actual article has link at bottom for email signup for investing.

Monday, November 21, 2016

DREAMS DASHED - The Immigration Visa Program

"The visa program leaving hopeful immigrants empty-handed" PBS NewsHour 11/17/2016

Excerpt

SUMMARY:  After leaving their home in Pakistan and living in Dubai, Noreen and Shehryar Iqbal aspired to move to the U.S. through the EB-5 Visa program, which grants green cards and eventually U.S. citizenship for large, job-creating investments.  Now their life savings are gone and there are no green cards in sight.  What happened?  Economics correspondent Paul Solman reports.

JUDY WOODRUFF (NewsHour):  The so-called EB-5 visa permits foreign nationals to invest in job-creating programs in the U.S. in exchange for permanent residency.  But it's been scandal-plagued, leading to calls for reform.

As Congress gets set to tackle some final business before the end of this year, will the program finally get fixed?

Our economics Paul Solman takes a look.  It's part of his weekly series, Making Sense.

NOREEN IQBAL:  See, in Dubai the thing is, as long as you work in Dubai, you can live in Dubai.  But what if you leave the job?  We have to go back to Pakistan, which we don't want to.

PAUL SOLMAN (NewsHour):  Noreen and Shehryar Iqbal thought they had a surefire way to avoid a return to their native Pakistan.

NOREEN IQBAL:  It's not a safe country.

SHEHRYAR IQBAL:  It's got a lot of security challenges.

PAUL SOLMAN:  He's a flight attendant for Dubai's national airline.  She was, too, until they had kids.  Their plan, sock away enough of their salaries to buy their way into America via the EB-5 visa program, which grants green cards, and eventually U.S.  citizenship, to foreigners and their immediate families.

Just invest half-a-million dollars to create at least 10 full-time jobs in either a rural project or an urban area with a high unemployment rate.

NOREEN IQBAL:  We saved even the allowance money.  I can say that.  It's so embarrassing for us to tell somebody that allowance money is for you to eat, but we used to save that also.

PAUL SOLMAN:  Oh, you mean the money that the airline would give you.

NOREEN IQBAL:  The airline give you on your flight to have your food and everything, we would save that also.

PAUL SOLMAN:  And put it away.

NOREEN IQBAL:  Put it away.

PAUL SOLMAN:  To that, they added Shehryar's small inheritance — his parents had died in a car crash when he was a teenager — and investments they'd made to grow their nest egg.

SHEHRYAR IQBAL:  She bought a little studio in a nice upscale area.  It's called the Jumeirah Lake Towers.  It was generating a very, very good rental income.

PAUL SOLMAN:  Are you — you're starting to remember it all?  That's what's going on?

NOREEN IQBAL:  Sorry.

PAUL SOLMAN:  No, no, it's OK.

NOREEN IQBAL:  So, we rarely talk about this, because I start to…

PAUL SOLMAN:  A lot of tears have been shed over the EB-5 project the Iqbals chose to invest in, one we first covered last year here on Making Sense.  The Jay Peak ski resort in Northern Vermont, coupled with plans for a hugely ambitious stem cell manufacturing facility affiliated with a South Korean biotech firm.

But, in April, the Securities and Exchange Commission charged developers Ariel Quiros and Bill Stenger with 52 counts of federal securities violations, alleging they'd misused $200 million of EB-5 investor funds, running the ski resort project as a giant Ponzi scheme, and the stem cell project as a total fraud.

The Iqbals, who put down their money on stem cells, have lost not just their half-million dollar investment, but another $65,000 in legal and administrative fees, with not a green card in sight.

We talked to them on their recent visit to the U.S. on tourist visas using their free flight passes.

Monday, December 14, 2015

FLIM-FLAM - NE Vermont Project

(Flim-Flam)

"Is this job-creating foreign investment project too good to be true?" PBS NewsHour 12/10/2015

Money speaks, so much for immigration control.

Excerpt

SUMMARY:  In northeastern Vermont, a half-billion dollar development is helping to transform a lagging economy into the state's job-creation leader.  It seems like a win for tourists and for foreign investors, who put up the money in return for green cards for themselves and their families on the EB-5 visa program.  Are these investors getting what they paid for? Economics correspondent Paul Solman reports.

GWEN IFILL (NewsHour):  Earlier this week, we looked at how a little known immigration program originally intended to benefit poor and rural communities is being used, and some say abused, by wealthy urban developers.  Congress must decide whether to renew the 25-year-old program next week.

Tonight, economics correspondent Paul Solman has a report about how the program is helping a poor rural area, but still stirring up controversy.

It’s part of our series Making Sen$e, which airs every Thursday on the “NewsHour.”

Just four miles from the Canadian border, surf’s up, however improbably, at the Jay Peak Resort, part of the half-billion-dollar development project to transform the economically depressed Northeast Kingdom, as this corner of Vermont is called, with foreign investment.  The developer is Bill Stenger.

BILL STENGER, CEO, Jay Peak Resort:  In the last seven years, we have constructed three different hotels, a beautiful indoor water park, ice arena, conference center, wedding facility.  And we have had a tremendous impact on our local economy regionally as well.

PAUL SOLMAN (NewsHour):  A local economy that, for most of Vermont’s history, has been at the very bottom, but now leads the state in job creation.

So, the Northeast Kingdom wins, tourists win, and so do the foreign investors, not only with a promised return on their investment, but — and here’s the novel incentive of the so-called EB-5 program — with green cards, permanent resident visas for them and their families, in exchange for forking over $500,000 to private companies to create at least 10 jobs in areas of deep unemployment.

BILL STENGER:  Well, you don’t have to live in Vermont.  There are a number of people from around the world who love Florida, Arizona, California, warmer weather.

PAUL SOLMAN:  But besides the lure of sunny climes, says Stenger:

BILL STENGER:  Parents oftentimes will gift their son or daughter an investment.  They can complete their studies here.  And if they can find a job in the United States, the green card will allow them to accept the job, and within five years they will be able to apply for citizenship, and it will be granted.