Art Wager / iStock.com It’s not uncommon to go on vacation to a beach town and daydream about the possibility of relocating to live there after the trip is over. For those dreaming of living in a beach town on the East Coast, however, they may be in for a bit of sticker shock once […]
Legendary investor Peter Lynch’s advice for how to invest when stock prices look frighteningly overpriced There are plenty of signs of mania in the stock market right now. The S&P 500 is up 13% this year and recently closed at an all-time high. Companies like Apple and Nvidia are worth around $3 trillion, while wild […]
California is home to some of the most overpriced housing markets in the nation, a new housing study reveals. A total of 11 California cities landed on a list of the top 100 housing markets in the United States created by Florida Atlantic University. Every month, the university uses data from Zillow and other sources […]
To the editor: Your editorial on the Biden administration’s tariffs on Chinese-made electric vehicles confuses the sticker price of an EV with the real cost of driving one and misrepresents the real reason for slowing EV sales. The best-selling gas-powered sedan is the Toyota Corolla, which you can drive with a lease payment of typically […]
Three South Carolina housing markets are among the most overpriced in the U.S., data from a pair of Florida universities shows. The three South Carolina markets, Columbia, Greenville and Charleston, were all listed as overvalued by double digits. Of the biggest 100 U.S. metro housing markets considered overvalued, Columbia ranked 31st at 27.98%, Greenville ranked […]
In 2002, the residents of Miami-Dade charted their own course for progress in South Dade by participating in the Cutler Ridge Charrette. This seven-day planning event was held at the site of the current Southland Mall, and it included a diverse cross-section of the community. Residents, businesses and property owners met and deliberated on the […]
Florida’s real estate market is experiencing a surge in inventory levels, prompting sellers across the state to aggressively cut prices. A recent report from Redfin highlights a marked increase in properties for sale, particularly along the Gulf Coast, with some areas seeing inventory spikes of up to 50% compared to last year. The once-trendy North […]
When stocks are categorized into a group and given a catchy nickname, you might say that they’ve arrived. In the 1960s and early 1970s, the “Nifty 50” were wildly popular. In the 1990s, “The Four Horsemen” grabbed investors’ attention. A few years ago, the FAANG stocks were all the rage. Today, we have the “Magnificent […]
Hey, all you lottery winners out there! If you’ve run out of sports cars, elephants and private islands to buy, allow me to point your fabulous wealth at something really cool: the Vestaboard split-flap messaging display. It’s like those classic train-station schedule boards with individual letters and numbers that flip around and make a really […]
The National Anti-Corruption Bureau of Ukraine (NABU) detectives have revealed a corruption scheme that allows for significantly inflated prices for certain categories of products as part of an investigation into the Ministry of Defence’s procurement of overpriced products. Source: NABU press service Quote: “The use of the existing procurement system allows suppliers to abuse the […]
It’s been a rough start to 2024 for the stock market. Some of the biggest drivers of 2023’s rally have taken hits in the first few days of the year, including some of the so-called “Magnificent Seven” stocks. There’s no telling what the market will do throughout 2024, but investors can put the odds in […]