Nearly 1.5m companies are incorporated in Delaware. How did this tiny state become a mecca for corporate activity?
Take a look at any given corporation’s registration docs, and there’s a good shot you’ll see the address 1209 North Orange Street.
Spanning less than a city block in Wilmington, Delaware, this nondescript office building is the official incorporation address of 285k+ companies from all over the world.
On the surface, there’s no reason that Delaware — home to blue hens and Civil War monuments — should be a corporate paradise. It’s the second smallest state in America, and the 6th least populous, with just 986k residents.
Yet, nearly 1.5m businesses from all over the world are incorporated there, including 68% of all Fortune 500 firms.
The Delaware Loophole and how it works
Similar to choosing “the best” vacation, finding “the best” mortgage investment fund is subjective, and what might work for you will not work for another. However, there are some fundamentals that are vital to selecting a mortgage investment fund regardless of your preferences and risk tolerance. Here are three key concepts to understand to help you find the best mortgage fund for you. Click here to read more.
Mortgage Investment Funds were created by the Canadian government in 1973 as part of the Residential Mortgage Financing Act to address what was believed to be an imminent housing crisis due to a lack of financing for home ownership and construction. These entities pool funds from investors to finance the purchase and construction of Canadian real estate.
Typically charging higher rates than conventional lenders, the earnings are redistributed back to the investors. But the investors that were candidates to participate back then were likely not attracted to the returns as term deposits at that time already had solid yields.
Lower interest rates have negatively impacted the income investors can earn through GICs and other fixed income products. With the uncertainty and volatility of the stock market, many investors are jittery there, too. Thus, to some people it comes as no surprise that in the past decade, Mortgage Investment Funds surged in popularity. What exactly are these investment entities, and what is drawing so many investors to participate in these opportunities? Click to read full article.
“Close your eyes and imagine this scenario: A child is taught that his country is racist, imperialist, evil, bigoted. The same child is also taught that science is white supremacy and that we must decolonize knowledge.
He is also taught that capitalism is rape. He is also taught that “fixed binaries” defining biological sex is antiquated science. He is also taught that national borders are racist. He is also taught that meritocracy is white supremacy. He is also taught that my truth is more important than THE truth. And that’s only day 1 of kindergarten.”
Gad Saad, Concordia University