The Daily Forex Report has an interesting article on a company who offers stock-based loans which are not based business or individual credit. The new type of lending isn’t even based on traditional margin based loans, and offers a more favorable fixed interest rate that is around 3.5%. The company that is behind this revolutionary form of lending is a company that has been active for the last 16 years. Equities First Holdings is the name of the company, and on their resume they have handled over $1.4 billion in global transactions. Alternative lending is still in its baby stage of development, but it will prove to become a common form of lending for companies and individuals who might not qualify for other forms of credit based lending. For some entities, they simply might not want to use business or personal credit for loans.
Many people struggle with accruing wealth every day and end up disappointed. The series of failing in business has led many individuals to give up and become paranoid about the venture. As a result, people only want to invest in the general businesses which have been explored for years to minimise risks. Even though the risks may be low so are the returns. Matt Badiali, an Editor at Banyan Hills Publishing, teaches you to make your savings count by investing in natural resources.
Why Should You Trust Matt Badiali?
Investing in natural resources is a huge risk because they are very speculative, Badiali agrees with this as well. However, there are many reasons as to why you should trust him in the business. To start with, there are multiple positive reviews on his website and social media pages thanking him because of their great outcomes.
The other reason you should trust Matt Badiali is because he has absolute experience and rich academic background. He has had a chance to interview the CEOs of the most prestigious mining industries. He has also visited multiple mineral sites, and he, therefore, understands what to look for to rate the success of the mines. He gives an example saying that most young mining companies spend most of their time in the drilling process. By observing the workers drill a hole, he can determine the success of the firm.
For the academic part, he has a B.S. in earth sciences and a Master of Science in geology from Penn State University and Florida Atlantic University respectively. He also spent half a decade in the University of North Carolina working towards a PhD until he met the financial guru who introduced him to the world of finance.
Matt Badiali is also passionate about his job which is very important in every profession. He takes his time in preparing the articles for readers. This is to see that they are straightforward and easy to understand. To avoid distractions, he focuses on one project at a time to see that he is accurate and he gives quality articles that are beneficial to all investors.
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Richard Liu Qiangdong is the founder and CEO of JD.com, one of the largest online retail stores in China. His parents ran a transport business on the canal and for some time he worked there. The business did not do very well and therefore his family was poor. When his grandmother who had brought him up ell sick they could not afford to pay for her medical care. Richard Liu went to university in Beijing where being of an entrepreneurial mindset he established a restaurant business which unfortunately collapsed.
After graduation, his grandmother was sick and since his family could not afford to pay for her treatment he needed to start working in order to help her. Richard Liu explains that at the time many young graduates leaving the university were interested in working in the civil service, he did not want to do that so he started physical retail stores. These retail stores were the beginning of JD.com in 1998 and became fully online in 2004. The shift was occasioned by the SARS epidemic in 2002 and one of the store’s managers suggested selling online.
Today, Jingdong’s logistical network has grown to cover even the most remote parts of China. Richard Liu Qiangdong pointed out that 57% of deliveries take place within 6 hours and 97% is done within 20 hours. This does not only apply to people living within the cities but also those living in a remote area. JD.com delivers all over the world including cities like Paris, New York and London, regrettably delivery takes up to 15 days as their global network is a work in progress.
According to Richard Liu Jingdong plans to expand by first bringing into China the best products from all over the world. Secondly, they will expand into the rest of Asia, then the Middle East, Europe and America. This Richard Liu Qiangdong hopes to achieve through both growing the business and acquisitions.
About Richard Liu
Richard Liu is the Founder and CEO of JD.com. He attended Renmin University of China from where he received his sociology degree.
Talos Energy in conjunction with their Zama project recently announced the discovery of over 2 billion barrels of oil in the Gulf of Mexico. The area in question is however located adjacent to a block owned by PEMEX, Mexico’s state-run oil company. Tim Duncan, Chief Executive Officer of Talos Energy immediately called for a partnership with PEMEX in order to better research the areas around the newly discovered oil deposit. The partnership would include the sharing of data with PEMEX as well as a consortium with Britians Premiere oil and Mexico’s Sierra Oil and Gas.
This is a placeholder account for Talos Energy LLC in Houston, Texas. Questions about the company should be directed to 713-328-3000.
— talosenergy (@talosenergyllc) February 12, 2013
The goal of reaching a partnership deal with PEMEX was however seen as wishful thinking at the time. This was due to a long-standing tradition by the Mexican government to bar all partnerships with outside entities. The practice goes back to the early days of the current Mexican government and was placed to protect the countries resources. However, in the years to come, PEMEX would grow to be so corrupted that the Mexican government cut the funding and began a 14-year slump for the oil company.
Tim Duncan, however, would find his opportunity in recently elected President-elect Andres Manuel Lopez Obrador. Throughout his campaign, President-elect Obrador promised the restoration of PEMEX to its once glory days of economic power. Both parties quickly agreed to a partnership and with the quick approval of the Zama project appraisal plan by Mexico’s oil regulator the plan to explore two new wells was underway. The Zama project calls for an investment by Talos Energy and partners of $325 million to drill two new wells and conduct research on other areas of the Gulf of Mexico throughout 2019. Drilling will begin in late November of 2018 with an estimated 150,000 barrels per day being produced by 2023. Although Talos Energy stated that they will still need time to construct additional platforms, the time will allow them to conduct patient and precise research in order to collect the best possible data.
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