Explore the interior of a former school transformed into an apartment complex

Homestead, Pennsylvania- From neglected high school to luxury apartments, a trio of investors has successfully transformed the abandoned Schwab School into a 33-unit residential building. In 2019, Jesse Wig, Adam Colucci, and Dan Spanovich purchased the Bowtie High School for $100,000 and converted it into 31-unit apartments. The success of that project spurred the partners…

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NewEdge Wealth experiences increasing record demand

The record-setting surge in gold prices is expected to continue through the end of the year, according to Ben Emons, NewEdge Wealth’s head of fixed income. Emons anticipates a surge in the demand for gold in December, historically and especially when there is a rally in the stock market in November. Gold recently reached a…

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Investors prefer chasing the tech rally over dividend stocks

In 2022, the safety-trade trend was reversed as investors shifted their focus to tech stocks, causing a substantial decline in Dividend ETF flows from the previous year’s record. Dividend ETFs, including popular ones, have struggled to keep pace with the broader stock market this year as mega-cap tech stocks experienced a surge. Investors’ abandonment of…

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Reports state that a man has been arrested for planning a ‘mass casualty’ attack at Elon Musk’s Cybertruck launch event.

A Florida man, 28-year-old Paul Ryan Overeem, was arrested this week for allegedly planning a “mass casualty event” at Tesla’s Cybertruck promotional event in Austin. Overeem is suspected of harboring a strong hatred for technology and had previously made threatening posts against Tesla on Instagram. Overeem, who had been under investigation for the threatening posts…

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Investors mourn a legendary figure for his wisdom and irreverence: Charlie Munger

Charlie Munger, the vice chairman of Berkshire Hathaway, passed away one month before his 100th birthday. His death leaves a legacy of business acumen and straightforward speaking that has influenced generations of investors. Munger’s investment philosophy had a significant impact on Warren Buffett, shaping the sprawling conglomerate worth almost $800 billion that Berkshire is today….

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