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News 8 May 2017
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Hong Kong Property: China Shipbuilding Pays Record HK$259 Million For West Kowloon Offices

Hong Kong Property: China Shipbuilding Pays Record HK$259 Million For West Kowloon Offices

Mainland conglomerate China Shipbuilding Industry Corporation (CSIC) set a new price record for Hong Kong’s West Kowloon area recently with its HK$259 million ($33.2 million) purchase of the two top floors of an office building, along with naming rights for the soon-to-be-completed project. The state-run shipbuilding giant bought the 23rd and 25th floors of 650 Cheung Sha Wan […]

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News 6 May 2017
Wealth Preservation Is The Key To Continued Wealth Creation

Wealth Preservation Is The Key To Continued Wealth Creation

The Age Of The Great Handover Has Arrived   This is the most gilded age since the Gilded Age, with 5 percent of American households controlling 63 percent of the country’s wealth. Decades of stagnant income growth for the middle class contrasts with family dynasties such as the Waltons of Wal-Mart, wealthier than the poorest 40 percent of […]

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News 6 May 2017
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Investing: Warren Buffett Says Low Cost Funds Offer Higher Returns Than Hedge Funds

Investing: Warren Buffett Says Low Cost Funds Offer Higher Returns Than Hedge Funds

At the annual meeting of his Berkshire Hathaway Inc, Billionaire Warren Buffett once again supported investing in low cost index funds (read ETFs) instead of high cost, performance limiting hedge funds. Buffett also challenged how hedge fund managers are paid   Warren Buffett: “If you go to a dentist, if you hire a plumber, in […]

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