Fears surrounding the launch of Libra and the threat it may pose in the future. Mark Zuckerberg and his company created a new cryptocurrency, Libra early this year, and it is set to lunch in 2020. This crypto is intended to help people save, send, and receive money as quickly as sending a text, but the Democrats demand an immediate halt to this cryptocurrency based on it posing a serious risk to the current financial system. A letter was sent to the CEO Mark Zuckerberg detailing how they fear the launch of this cryptocurrency will cause severe problems for the already established financial system in America, and they asked that it be postponed until regulators can investigate the risks involved fully. Committee chairwoman Maxine Waters wrote that “if products and services like this are left improperly regulated and without sufficient oversight, they could pose systemic risks that endanger the US and global financial stability”. She explained further by stating how these … [Read more...] about Is the Libra coin safe?
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Matthew Frankel, CFP The Motley Fool Published 10:12 AM EDT Jul 17, 2019 Warren Buffett is arguably the most respected investor of all time, and for good reason. Over his 54-year tenure as CEO of Berkshire Hathaway, Buffett has delivered annualized returns of 20.5% for investors as of mid-2019, more than twice the pace of the S&P 500 over the same period. And he's done it without applying any extraordinarily complex methods. In fact, Warren Buffett's investment style is surprisingly simple, and while it's not likely that you're going to replicate Buffett's long-term performance in your own portfolio, you can certainly learn how he invests and apply the same principles to your investment strategy. Is college worth it?: Here are the top 50 schools that pay off the most Is the American dream dead?: Middle-class families aren't so optimistic With that in mind, here's a rundown of the core principles behind how Buffett invests: mentality, stock selection, valuation methods, and … [Read more...] about Warren Buffet strategies: How to invest for the long term