Historians are going to look back at the 2016 Presidential Election in America and call it one of the most defining moments in the history of the country. Americans saw their country torn apart by the divisive rhetoric of one party while the other tried desperately to maintain the high ground. Lost in the hubbub by some, but not all, was the return of George Soros. Soros is one of the leading philanthropists in the planet as well as one of the most successful investors to ever operate in the United States. Soros, a devout progressive and combatant for social justice, felt compelled to re-enter the political fray in order to oppose the disgusting rhetoric put forth by Republican nominee Donald Trump.
We can go back to 2004 to see George Soros in his prime as he worked to elect Al Gore in a harrowing election race against incumbent President George W. Bush. During this electoral race Soros would spend nearly $27 million in order to help set up Gore for success. It would take a controversial finish, Florida, and ‘recount!’ to put the final nail in the coffin. Soros decided to take a step back and stop putting so much money into politics, at least until 2016. Soros felt compelled to re-enter the political machine when he saw the rise in rhetoric of Donald Trump. Trump loudly proclaimed and fought against everything that Soros had spent his life establishing as his cause. This caused Soros to leap in and immediately back Democratic frontrunner Hillary Clinton.
When Soros re-entered the political fray during the 2016 Presidential Election he immediately put his money where his mouth was. Michael Vachon, a political adviser to George Soros, stated: “This year the political stakes are exceptionally high.” Vachon goes on to cite the hostility encouraged by Donald Trump as well as the platform that the man supported which subverted some of Soros’ most important ideals: immigration reform, religious tolerance and criminal justice reform. So, to put it lightly: George Soros was here to make an impact. Read his profile at Forbes.
Soros would come in and donate nearly $25 million to a variety of different candidates during the 2016 election, including a giant $7 million to a Clinton PAC — Priorities USA Action. Soros also gave $2 million to the American Bridge 21st Century PAC which focused on opposition research that targeted Donald Trump and other Republicans as well as another $5 million to the Immigrant Voters Win PAC.
George Soros was born in Hungary and there he was raised before he had to flee the country during the Nazi occupation. Soros worked his way as a laborer while attending the London School of Economics. Eventually he would make his way to America where he would start the Soros Hedge Fund. Learn more on discoverthenetworks.org about George Soros.
Sitting down with Arthur Becker in order to talk through his experiences as an entrepreneur is probably one of the best things a young professional can do. As the CEO and Chairman of ZINIO as well as the Managing Partner over at Madison Partners LLC, Becker is uniquely qualified to talk about working as an entrepreneur within the industry. Becker’s work has spanned several decades and multiple industries. Let’s find out exactly what makes him tick in an enlightening interview from NY Daily News.
Becker first started into the technological side of the business world in 2003 when he became the CEO of NaviSite. For almost a decade his sole focus was on growing the best techno company that he could. In 2011 Becker parlayed his success within tech in order to establish Madison Partners, LLC. Madison Partners focuses on real estate and bio tech investments and their primary place of business is located in New York City. Breaking into real estate, as Becker would admit, was a huge step but it is one that he had to make. More details can be found on Bloomberg.
Jumping into the real estate field was a risk but it was one that Becker accomplished with relative aplomb. Becker found that his immediate profit finding ability in the tech field wasn’t quite the same as the real estate industry. Becker admits, “I rushed my business instead of taking my time.” Still, being able to bounce back from failure is just as integral as succeeding in the first place. Becker says that the key to his success, more often than not, comes by way of immense preparation. Becker says, “I don’t think there was really any time that I necessarily doubted myself as a businessman.” Becker expounds on that statement by saying, “It’s easy to doubt yourself if you don’t know what you are doing.”
For right now we are excited to see how Madison Partners grows and continues to flourish under the handling of Arthur Becker. The company recently laid claim to a trio of townhouses for development down in Soho. Becker also has another project being developed in the Tribeca neighborhood of Manhattan.
About two years ago, there was a general concern that financial advisors were avoiding their responsibility of explaining about social security to their clients. David Giertz sat down for an interview with The Wall Street Journal Digital Network’s Veronica Dagher where he gave more insights into the matter.
David revealed that Nationwide Financial Retirement Institute had conducted a survey on social security, where their target groups were the retired people and those who were nearing retirement. From the survey on cnbc.com, he confirmed that it was indeed true that the financial advisors were not advising their clients about social securities, which was not right. He further explained that about 80 percent of their respondents were in the blink of changing their advisors if the trend continued on SoundCloud.com.
Complexity of The Topic
About why the advisors were avoiding the topic, David Giertz acknowledged the complexity of the social security issues, noting that the social security handbook had 2,700 rules, which would prove hard for the advisors to comprehend.
Why Social Security is Important
David noted that financial advisors ought to be much interested in social security since it would entail about 40 percent of the income retirement planning process at https://vimeo.com/davidgiertz. Their survey also showed that those who abandon social security too early were at a risk of losing on average $1000 per month over a period of 25 years. Social security is of paramount importance for as far as maximizing the retirement income is concerned.
About David Giertz
David L. Giertz has over three decades experience in the financial services sector, especially in retirement plans and life insurance. He is a business graduate from Millikin University where he now serves a member of their board of trustee. Giertz is an MBA holder from the University of Miami.
In 2013, David secured a job at Nationwide Life Insurance Company where he is the President of their subsidiary company, Nationwide Financial Distributors Inc. He is also a community leader and an industry arbitrator with FINRA.
The world of fiscal management is one that requires a great many skills. Anyone who is going to be part of this field must be aware of factors that include direct fiscal management as well as the field of financial law. This is a task that lawyer and financial professional takes on with great relish. As someone who has an extensive background in the field of law, he is pleased to announce his latest venture to those who pay close attention to this world. Tabar has been appointed Chief Operating Office of the FullCycle Energy Fund, an important role that he is happy to take on right now.
Making A Success
Tabar hopes to make this role just as much of a success as his prior roles in various industries. His own background includes degrees from highly prestigious universities all over the world including Columbia School of Law where he graduated and was an editor of one of the school’s highly prestigious law journals. Since his graduation from this law school, he has chosen to make his home in New York City where he knows that he can find both a satisfying career and the opportunity for an enjoyable personal life that allows him to pursue his many varied hobbies and his charitable work as well.
Bringing His Skills
In helping to take a leadership position at FullCycle, Tabar brings many years of fiscal business leadership to the table with him, all evidenced by his LinkedIn profile. He also brings with a full commitment to the fund’s stated goal of moving past polluting sources of energy. In his new role, he will help push investors to sources of energy that are known to be renewable and offer people the satisfaction of using fuels that do not add any additional pollution to the environment. He is hopeful that he can help see this goal through as he works here.
Forefront Capital Creates Forefront Income Trust To Create Investment Opportunities For Non-accredited Investors
Many non-accredited investors believe that the top one percent have a secret they tightly keep that make them accumulate gains in investments. When Brad Reifler launched Forefront Capital, his aim was to close the economic gap between the wealthy and average investors with Forefront Income Trust. Forefront Income Trust is a tool to help non-accredited investors access the same investment opportunities as the accredited investors.
For many years, Brad Reifler focused on accredited investors making over $200,000 a year and with a net worth of over $1 million. However, this meant that over 44% of the middle-class Americans with less than $6000 in savings could not access most of the investment opportunities. The objective of the Forefront Income Trust is to reduce the risks that average investors face when they intend to invest in the opportunities taken by accredited investors. It was also a way of increasing the level of savings to a level where the middle-class Americans can invest in the investment opportunities reserved for top one percent.
According to SEC, an accredited investor must meet the minimum requirements which include an income exceeding $200,000 in each of the two recent years, and his/her spouse has an income exceeding $300,000 for the last two years. Alternatively, the investor must meet a minimum net worth (together with the spouse) that exceeds $1 million at the time of purchase.
The investment world is one that has undergone improvements over time. The accredited investor standards were originally designed by the government agencies to protect the shareholders from risky investments. The SEC Investor Advisory Committee that was founded in 2010 was given the task of reviewing the changes that can be made in the investment world.
Considering Forefront Income Trust is not integrated into the stock market, clients are allowed to diversify their investment using their 401K and savings. Forefront Income Trust puts the necessary structures to mitigate risks associated with higher return strategies. Check out one of Brad’s official websites for more information, not to mention his Bloomberg for all of his business acumen.