Wealth Building Strategies

In Huge Strategy Shift, Amazon Set To Purge Many Small Suppliers

Amazon is set to purge many of its small suppliers over the next few months, according to Bloomberg. The purge could shatter the generally favorable relationship between Amazon and many of its long-time vendors, as we first discussed last month when we reported that Amazon was accused of “crushing” its merchants by undercutting products with its own….CLICK for complete article

Ford Is A Truck Company With A Truck-Sized Dividend

With all the talk about electric cars and Tesla (TSLA) constantly stealing the limelight, it is easy to miss the fact that there are other auto manufacturers that offer compelling investment opportunities. The initial battle scene in Episode 3 of Season 8 of Game of Thrones showed the army of the dead essentially steamrolling over the good guys’ defenses. That is not what Tesla is doing to the other manufacturers, except perhaps in the amount of media coverage it is getting….CLICK for complete article

U.S. Pipeline Boom Could End In Crisis

An oil and gas building spree in the United States might have a serious boomerang effect that could hit the industry as hard as a changing fundamentals landscape hit the coal industry in the 2010s, a report from Global Energy Monitor has warned.

According to the report, there is US$232.5 billion worth of new oil and gas pipelines being planned and built right now in North America, with most of this in the United States. This expansion, however, does not rely on an increase in domestic demand for oil and gas. It relies almost exclusively on demand growth in …Click here for full article.

Drive less – live longer?

Traffic jams, road rage, and the huge amount of wasteful, unproductive time spent driving to and from work all contribute to increased stress.  So, what if there was a solution to these stressful components of our daily lives – wouldn’t that be worth a lot?  Would it not contribute to increased overall health and longevity?  The solution may be close at hand with…Click here for full article.

The Best and Worst Performing Wealth Markets in the Last 10 Years

A lot can change in a decade.

Ten years ago, the collapse of Lehman Brothers sent the world’s financial markets into a tailspin, a catalyst for years of economic uncertainty.

At the same time, China’s robust GDP growth was reaching a fever pitch. The country was turning into a wealth creation machine, creating millions of newly-minted millionaires who would end up having a huge impact on…Click here for full article.