Archives for September 2013

September 2013 - Page 2 of 11 - Money Morning - Only the News You Can Profit From

Obamacare Facts: Oct. 1 to Be a Rainy Night in Georgia

An update on Obamacare Facts: Obamacare implementation in Georgia is, well…not going very smoothly…

According to a poll released Sept. 23 by Healthcare Georgia Foundation, only 39% of Georgians approve of the law, whereas 42% do not.

[Although, no matter what the majority wants, enrollment in health insurance exchanges is slated to begin in just a few days on Oct. 1.]

But the panic really set in for Georgians a few weeks back, when Georgia Insurance Commissioner Ralph Hudgens announced in a press release that potential rate hikes up to 198% could be seen due to Obamacare.

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Industry Insiders Discuss Where Gold Prices Are Headed and How to Profit

In a week in which the gold price is trading in the $1,335-per-ounce range, all eyes in the gold industry are focused on Denver.

That is the site of the annual Denver Gold Forum, the most prestigious event centered around the world's largest gold mining companies. The event was held from Sept. 22-25 this year.

What sets this event apart from other events is the participation of nearly all the CEOs of the large gold mining firms along with major gold analysts and institutional investors.

Despite the drop in gold prices so far this year, attendance at the Forum usually falls when gold prices are down, but organizers expected the number of attendees to match or exceed last year's. This indicates that interest in the sector is still quite high.

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Will Twitter Stock Be a Good Buy?

As the microblogging giant prepares to come to market, tweets speculating about the value of Twitter stock abound…

On Sept. 12, the online social networker announced it filed confidential S-1 papers to the Securities and Exchange Commission for an initial public offering (IPO). No doubt that Twitter hoped filing confidentially might help it avoid the rampant and sometimes damaging speculation suffered by some of its Internet-based IPO brethren, like Groupon Inc. (Nasdaq: GRPN) and Facebook Inc. (Nasdaq: FB), both of which lost over half their value within six months of listing.

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How to Buy Prime Manhattan Real Estate for Less Than $100

Unless you own a home in each of America's 20 biggest cities – or you're an economist – a 12.4% increase in the S&P/Case-Shiller Index doesn't mean much.

You can't make money from a nationwide statistic. Not in real estate…

Cleveland, for example, may have seen a 3.4% increase from July 2012 to July 2013. But that's nothing compared to Los Angeles, where prices jumped 20.8%. Or San Francisco, which posted a 24% year-over-year increase.

Las Vegas prices jumped even higher, up more than 27%.

And then there's New York, where you can make a killing on some prime Manhattan real estate right now…

There's a hassle-free way to do it, too. So you'll never have to worry about tenants, taxes, insurance, maintenance…

You won't need a million-dollar down payment, either.

Thanks to one savvy New York firm, you can start building your own Manhattan real estate empire with less than $100…

Thanks to one savvy New York firm, you can start building your own Manhattan real estate empire with less than $100...

How to Invest in California's Monterey Shale

Back in the times of the California gold rush, people didn't need to work out how to invest in the bonanza. They simply grabbed some basic mining gear and headed up into the hills.

Today California is the home of yet another wealth-creating boom – the oil contained within the Monterey Shale formation.

As Mark Twain once said, "History does not repeat itself, but it does rhyme."

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