If you've ever wanted to know how to become a billionaire, Sam Zell is the person to tell you how. In the real estate field, many individuals have longed strive to earn millions through investing in property. For beginners, it is important however to understand the market, particularly if you have no prior experience.
Billionaire investing real estate mogul Sam Zell, who made his fortune in US property, has announced that he is now shunning US real estate investment in favor of opportunities in India and Colombia. Zell has favored international properties over US deals for the past few years, as he will pursue commercial real estate deals in Colombia and eventually try to get in on the residential market in that country as well. In India, Zell will focus his investments in the booming hotel market.
According to Zell, Colombia is a rising star in Latin America and India is fertile ground for hotel and motel chain expansion. He plans to base his hotel investment in India on the Residence Inn at Marriott model and expand the chain nationwide. Zell, the co-founder of Chicago based Equity International, has a lot of experience in overseas investment with prior projects in Brazil, Mexico and China.
© Ingy The Wingy
Many businesses highly rely on the common postal service to ensure that products and services are delivered to consumers all over the world. For businesses in Canada, this is very important. This is particularly for businesses who offer their products and services online. Although there are many companies and small businesses who offer their services offline, there is still an option to have your consumer products shipped directly to you.
Small businesses Canada have the most to lose from a strike by Canada Post workers. It's estimated that the strike may be costing as much as $250 a day per company on average, despite the increasing use of email and private courier services. Many small businesses still rely on Canada Post services, and if the strike is prolonged or spreads nationwide it will cause even more disruption.
The cumulative effect will be less serious then postal strikes in the past due to the more numerous alternatives today, but many sectors of the economy will still be hurt and and many different types of firms will take a hit. Canada Post workers downed tools in Winnipeg late last week after unions and management failed to reach agreement over working conditions. The strike is expected to spread to Hamilton, Ontario this weekend as well.
For just 100 Euros, any investor can buy into the Liechtenstein-based Classic Car fund launched in February by the Zurich-based Count of Custoza family office. It may sound too good to be true, but with the recent recession, there have been many antique car dealers opening up to offer one of a kind unique cars for a fraction of the price. The fund aims to buy 350 million Euros worth of beautiful antique cars within 5 years, and has an annual target return of 17%.
This may sound unrealistic, but the fact is that the prices fetched by the more exotic classic cars have more than doubled in the last decade or so. Not to mention that the fund has some heavyweights on board including experts from Sotheby's and Christie's. Classic cars are a global business these days.
In America, it was the baby-boomers who kick-started this market by buying up muscle cars from their youth like the Mustang Boss, Chevy Chevelle, Corvette Stingray, Plymouth 'Cuda and Shelby GT500 competition cars. But today, wealthy people all over the world who are unnerved by the volatility of normal investment markets are looking for alternative assets like classic cars that have genuine tangible, long-term value.