Stay-at-Home Millionaires on the Rise in England; Blackberry’s Rollercoaster Life; Obama’s Back to Africa Campaign Not Resonating with U.S. Business

Eagle Eye Opener

Stay-at-Home Millionaires on the Rise in England (CNBC)

Britain’s Zoopla Property Group’s 2013 Property Rich List got a lot thicker this year with the addition of 77,894 new names to its ranks. If you’re unfamiliar with this list, it publishes the names of every home owner in England whose property value is over one million pounds ($1.5 million), and that list grew by 32 percent last year. Does that mean property investors should queue up to buy British? Well, only if they’re in the crème de la cream of the class. “Property values in these super-prime areas are astronomically high and have risen substantially over the past year,” said Lawrence Hall, head of communications at Zoopla. So, if your idea of investing also means putting money into your reputation, buy British.

Blackberry’s Rollercoaster Life (YahooFinance)

Despite playing catchup to Google’s Android and Apple’s iOS operating systems in smart phones, Blackberry still is running full-steam ahead — or at least, as full-steam ahead as possible. And that should be enough to beat Q2 estimates. If the company does beat expectations, Michaeal Genovese, managing director at MKM Partners, said investors will be able to get a good sell price. Blackberry is going to beat the quarter on “headline numbers,” he added. “Revenues, gross margins, EPS should all be pretty strongly above where the sell-side consensus is right now,” Genovese said. But that improvement won’t last, since Genovese claims that Blackberry’s subscriber base has lost 3 million users in Q412, and is expected to lose the same number again. When the company releases Q2 numbers today, you may want to consider hanging up on RIMM, Blackberry’s manufacturer.

Exclusive  Rental-Backed Security Bonds to be Offered by Blackstone

Obama’s Back to Africa Campaign Not Resonating with U.S. Business (Bloomberg)

European and Chinese interests still far outpace U.S. investment in Africa, even a year after President Obama urged American companies to expand into the continent that’s home to six of the world’s 10 fastest-growing economies. Even if the president described Africa as “the world’s next major economic success story,” businesses still are staying away in droves, citing corruption, security risks and trade challenges as the main barriers to entry. However, global titans such as Wal-Mart or Chevron — companies with the infrastructure and financial backing to overcome those barriers — already are making headway in the former “dark continent.” How long it’ll take for investors to embrace Africa is anyone’s guess, but for those hardy souls tolerant of risk, the rewards could be enormous.

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

Stocks flew today, sending the S&P 500 to its biggest three-day rally since January, on better-than-estimated data and assurances on stimulus efforts from Federal Reserve officials.

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

LEARN MORE HERE