Tag Archives: investments

RealConnex, a platform connecting real estate pros with projects and each other, raises $3.5 million | TechCrunch

RealConnex, a four-year-old, Miami and New York-based platform connecting real estate professionals to capital, investments, and services, has raised $3.5 million in strategic funding led by Silver Portal Capital, a San Diego-based real estate investment and merchant banking firm.

The round is part of a much bigger trend of startups working to change how properties are built, bought, and sold — and investors are funding their vision. In fact, according to the research firm CB Insights, real estate tech companies have raised almost $6.4 billion in funding across 817 deals since 2012.

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Virtually No Institutional Investors Are Happy With Activist Hedge Funds Right Now | Bloomberg

The ongoing squabble between billionaire hedge fund luminaries William Ackman and Carl Icahn over Herbalife Ltd. distracts from a large warning sign for activist managers: they’re failing to live up to the expectations of institutional investors.

The August edition of research provider Prequin’s Hedge Fund Spotlight shows that 100 percent of institutional investors surveyed indicated that returns on their activist hedge fund investments had fallen short of their expectations.

Activist funds have been one of the worst-performing strategies among hedge funds from July 2015 through the midway point of this year, though funds tracked by Preqin have booked five straight months in positive territory through July 2016.

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Some Thoughts on “Cutting Back” on Frugality | The Simple Dollar

downloadIt’s a pretty typical story.

Person reaches a financial breaking point. Person begins to use frugality to cut back strongly on their expenses. Person pays down their debts and begins saving for the future. Person begins to feel a whole lot better about their financial state.

At that point, many people reach a crossroads. They begin to ask whether or not it makes sense to keep being so frugal. Once you have a healthy amount of savings or investments, is there really a reason to continue being so frugal?

Whenever I hear that question, it serves as a recognition to me that there are two ways to look at frugality.

Some people look at frugality as a tool. Frugality is something you choose to do to extract more money by doing things differently than you would normally do them. If you begin to feel like things are in a financially good place, it’s tempting to put that tool down and not “work” as much.

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