Paradise News

Tag: General News

  • Proven Investment Strategies Of The Past Decade

    Finances FYI Presented by JPMorgan Chase

    Over the past decade, the financial landscape has undergone significant shifts marked by economic uncertainties, technological advancements, and global events shaping the investment world. Amidst these changes, specific resilient investment strategies have provided investors with fruitful returns. These proven investment strategies of the last decade are backed by historical performance and adaptability to a dynamic market.

    What is an Investment Strategy?

    An investment strategy is a systematic and well-thought-out plan that guides informed decisions about allocating capital to achieve specific financial goals. It involves assessing risk tolerance, time horizon, and financial objectives to create a diversified approach that may include stocks, bonds, real estate, or other investment vehicles. 

    A sound investment strategy typically considers market conditions, economic trends, and individual circumstances to optimize the balance between potential returns and risk mitigation. It is a roadmap for making investment decisions aligned with long-term financial objectives.

    Proven Investment Strategies of the Last Decade

    Diversification

    The age-old adage of not putting all your eggs in one basket remains as relevant as ever. Diversification involves spreading investments across different types to reduce risk and enhance overall portfolio stability. The last decade reinforced the importance of a balanced portfolio, with global events impacting various sectors differently. A diversified portfolio helps cushion against the volatility of individual assets, providing a more stable overall return.

    Allocating capital into different asset classes, industries, geographic regions, and investment types creates a balanced portfolio that can weather various market conditions. Successful investors often view diversification as a cornerstone of their strategy, providing a foundation for building and preserving wealth over time.

    Passive Investing

    The rise of passive investing has been a defining trend of the last decade, with exchange-traded funds (ETFs) and index funds gaining immense popularity. The passive investing strategy mitigates emotional biases, such as fear or greed, that can lead to poor investment decisions. By design, passive investors typically buy and hold a diversified portfolio of assets, avoiding the emotional rollercoaster associated with frequent trading and impulsive decisions based on short-term market fluctuations.

    Morningstar Active/Passive Barometer reported that “of the nearly 3,000 active funds included in our analysis, only 43% survived and outperformed their average passive peer in 2022.” Passive strategies provide investors with a reliable and consistent way to participate in overall market growth. Passive strategies also typically result in lower portfolio turnover, leading to reduced capital gains distributions and, consequently, lower tax implications for investors. 

    Photo: alexan107 via 123RF

    Economic Trends

    Understanding and capitalizing on macroeconomic trends has been a successful strategy for investors in the past decade. Understanding broader economic conditions can provide insights into which sectors and industries are poised for growth or facing challenges. 

    However, trying to time the market based on economic trends can be challenging, and interpreting economic data requires expertise. Markets often react in advance to anticipated trends, and attempting to enter or exit positions at the perfect moment can lead to missed opportunities or losses. 

    Some of the most recent economic trends include:

    • Technology and Innovation. Investors who embraced the technological revolution of the last decade reaped significant rewards. Many companies at the forefront of innovation, particularly in tech, biotech, and renewable energy sectors, have demonstrated strong growth and performance. 
    • Infrastructure Investments. These investments have demonstrated resilience and growth potential, particularly in renewable energy, healthcare, and telecommunications sectors. As governments worldwide prioritize sustainable development, investments aligned with these goals have flourished.
    • Global Investing. The interconnectedness of the global economy has made international diversification a key component of successful investment strategies. While geopolitical events and currency fluctuations pose challenges, exposure to diverse markets provides growth opportunities. Investors who ventured beyond domestic markets have found new avenues for returns and reduced risk through global diversification.

    Environmental, Social, and Governance (ESG) Investing

    In the last decade, we have witnessed a significant shift towards sustainable and responsible investing. ESG investment strategies, which assess a company’s environmental, social, and governance practices, have become integral to investment decisions. The development of global standards, such as the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB), allows investors to assess and compare companies based on their ESG performance.

    Companies with strong ESG profiles have contributed to positive social and environmental impact and have demonstrated financial resilience and long-term viability. They are often considered more resilient and better positioned for long-term success. The demand for ESG investments represents a paradigm shift in how investors approach their portfolios, integrating ethical considerations alongside traditional financial metrics. 

    The last decade has been a rollercoaster ride for investors, marked by unprecedented challenges and opportunities. These proven strategies will continue to serve as valuable guides for investors navigating the ever-evolving financial landscape. Staying informed, agile, and mindful of both risks and opportunities remains the cornerstone of successful investing in the years to come.

    Finances FYI is presented by JPMorgan Chase. JPMorgan Chase is making a $30 billion commitment over the next five years to address some of the largest drivers of the racial wealth divide. 

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  • Harris to visit Minnesota health center that provides abortion services

    Vice President Harris on Thursday will visit a health clinic in Minnesota that provides abortion services as she emphasizes protections for reproductive health during an election year.

    A White House official confirmed Harris will walk through the facility, speak with staff and hear how Minnesota has been affected by abortion bans in other states that have forced women seeking abortions to travel elsewhere. The Twin Cities facility provides abortion services, birth control and preventative wellness services, the official said.

    It will reportedly mark the first time a president or vice president has visited a clinic that provides abortion services.

    Harris is expected to speak about the Biden administration’s efforts to protect reproductive health care access in the wake of the Supreme Court’s decision to overturn Roe v. Wade in June 2022.

    The Minnesota trip is part of Harris’ post-State of the Union travel, during which she has highlighted the fight for abortion rights and the White House’s legislative accomplishments. It is also part of her broader “Fight for Reproductive Freedoms” tour, during which she has specifically focused on the issue of abortion, set to play a significant role in November’s election.

    Minnesota enacted a statute in 2022 protecting the right to reproductive freedom, including abortion, contraception and fertility services. Abortion is protected under the state constitution.

    But other states have restricted abortion following the Supreme Court ruling, and an Alabama court last month raised questions about in vitro fertilization (IVF) access after it ruled frozen embryos were people.

    The Biden campaign has tied the Alabama ruling and other states’ efforts to restrict abortion directly to former President Trump, who is the presumptive GOP nominee for November. Trump has repeatedly bragged that he deserves credit for ending Roe v. Wade because of his appointment of three conservative Supreme Court justices.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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  • Video: Putin Says Russia Ready For Nuclear War As West Escalates Ukraine Crisis


    Alex Jones lays out the escalating war rhetoric as the Deep State continues pushing Ukraine and NATO to war with Russia.

    Alex Jones breaks down Russian President Vladimir Putin’s warning that nuclear weapons are on the table as part of his country’s military doctrine if Russia feels it faces an existential threat.



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  • ‘He Will Deliver’—Arewa Youth Hails Tinubu For Appointing Wike’s Ally, Obuah To Head AMMC

    Coordinator Abuja Metropolitan Management Council, Chief Felix Obuah

    A Northern group, the Arewa Youth Assembly has cast a vote of confidence on the newly appointed Coordinator of Abuja Metropolitan Management Council, Chief Felix Obuah, who is a staunch ally of the Minister of the Federal Capital Territory, Nyesom Wike.

    On March 12, President Bola Ahmed Tinubu appointed Obuah to the council, an appointment that would trigger excitement. The office has been vacant for some time, which led the president to fill the existing vacancy in the agency of the Federal Capital Territory Administration (FCTA).

    The Nigerian governmentt hopes to transform its capital city into a tourist destination, boost economic activities in the city and earn revenue.

    At the heart of the ambition is Wike who is expected to replicate his achievements as a former governor of Rivers State.

    With the appointment of Obuah, the Speaker of Arewa Youth Assembly, Mohammed Salihu Danlami, said the appointment would help the FCT Minister achieve the target set for him.

    Danlami in a response sent to THE WHISTLER argued that Obuah’s appointment was long overdue as his “Wealth of experience lying untapped.”

    The group commended the Tinubu administration for considering Chief Felix worthy to be onboard his team.

    “We are confident based on his antecedents that he will deliver beyond expectations and will work tirelessly, always putting the masses ahead,” the Speaker said.

    Chief Felix is a former Chairman of the PDP in Rivers State and Chairman of Ogba-Egbema-Ndoni LGA.

    The Group added, “Nigerians expect nothing short of excellence. Hence, we call on him to bring on board his vast experience and river of knowledge immediately after he resumes office.

    “While we congratulate Abuja residents for having the people’s servant as the Coordinator, Abuja Metropolitan Management Council, we pray to God almighty to guide, protect and endow him with the strength and wisdom to discharge his duties accordingly.”

    ‘He Will Deliver’—Arewa Youth Hails Tinubu For Appointing Wike’s Ally, Obuah To Head AMMC is first published on The Whistler Newspaper

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  • Fact Check: Trump didn’t secure his $91.6 million bond in E. Jean Carroll case from a Russian company

    Former President Donald Trump on March 8 posted a $91.6 million bond to cover the amount he owes writer E. Jean Carroll after a verdict in a civil defamation case, which he is appealing.

    Social media users began speculating about who secured Trump’s bond and some of them baselessly suggested Russia helped.

    “This is the company that bonded Trump. Anyone surprised?” read text on a March 10 Facebook post above a screenshot about the “Chubb Insurance Company of Russia,” which lists a Russian address and mentions a Moscow office.

    Other social media posts also tied Trump’s bond to a Russia company, suggesting the bond poses national security concerns.

    This post was flagged as part of Meta’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Meta, which owns Facebook and Instagram.)

    PolitiFact traced the language in the Facebook post’s screenshot to an Association of European Businesses webpage about Chubb Insurance Co. LLC. The association describes itself as a nonprofit and the “main representative body of foreign investors in Russia.”

    (Facebook screenshot)

    Chubb is a global insurance company operating in 54 countries and territories worldwide, according to its website. It is based in Zurich, has offices in New York, London and Paris and employs about 40,000 people.

    Chubb’s having businesses in Russia does not make it a Russian company. There is no connection between the government of Russia, Trump and Chubb, a Chubb company spokesperson told PolitiFact. 

    Chubb stopped receiving revenue from its Russian operations after Russia invaded Ukraine in 2022.

    Parent company Chubb Ltd. is listed on the New York Stock Exchange and is part of the S&P 500, its website said. Chubb has 44 branch offices across the U.S. A fourth-quarter report from Chubb said 59% of the company’s business comes from within the U.S.

    Trump’s bond was secured by the Federal Insurance Co., which is part of Chubb. A jury in January awarded Carroll $83.3 million in a defamation lawsuit over Trump’s social media comments about her claims that he sexually assaulted her in the 1990s. The bond amount is higher because Trump would also be charged interest.

    Federal Insurance Co. is based in Indiana. A court document listed its company addresses in Virginia, where it has a claims center, and New Jersey, where it has a home office. Chubb’s Russian business was not listed.

    Chubb’s U.S. history dates to 1792, when the Insurance Co. of North America was created in Philadelphia, according to a timeline on Chubb’s website. That company was acquired by ACE Ltd., which acquired Chubb in 2016, creating the global company that exists today. Chubb Corp. began in New York in 1882 as a maritime underwriting business, the timeline said.

    A Chubb spokesperson told PolitiFact that before Russia invaded Ukraine in 2022, the company had $200 billion in assets and an $85 billion market capitalization. (A market capitalization, or market cap, is a publicly traded company’s value; it’s derived by multiplying the total number of shares by the current share price.) 

    Chubb’s Russian operations had a net asset value of $40 million before Russia’s Ukraine invasion, making Russia among its smallest markets.

    After the invasion, the spokesperson said, Chubb stopped managing the Russian businesses and disconnected them from Chubb’s systems. Those businesses also stopped writing or renewing insurance policies. Chubb no longer receives revenue from those businesses and deconsolidated them from the company’s financial statements, the spokesperson said.

    The spokesperson provided a statement that said Chubb doesn’t comment on client-specific information. 

    In a 2023 letter to shareholders, Chubb Ltd. CEO Evan Greenberg, who served on the Advisory Committee for Trade Policy and Negotiations under Trump and President Joe Biden, criticized Russia’s invasion of Ukraine, urging continued U.S. support for Ukraine to stave off “Russian aggression.”

    Greenberg is facing criticism for his business’s decision to aid Trump. But Greenberg said in a March 13 letter to shareholders that he knows how “polarizing and emotional this case and the defendant are,” and that the company isn’t taking sides, just fulfilling its role in the legal system.

    Our ruling

    A Facebook post claimed a Russian company provided Trump’s bond in the E. Jean Carroll defamation case.

    The U.S.-based Federal Insurance Co., a subsidiary of global insurance company Chubb, provided the bond. Chubb is headquartered in Zurich and operates in 54 countries and territories worldwide. Chubb has businesses in Russia, but after Russia invaded Ukraine, the company ceased managing or receiving revenue from them, a company spokesperson said.

    We rate the claim False.

    PolitiFact Researcher Caryn Baird contributed to this report.



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  • Piscotty back in outfield for A’s, at least for a day

    Stephen Piscotty was back playing right field for the A’s on Wednesday. He had no impact while going 0 for 2 during a spring training game featuring 23 runs and 30 hits in Peoria, Ariz. on Wednesday.

    It didn’t matter.

    It’s not often a non-roster invitee borrowed from minor league camp elicits such good feelings among players and fans as Piscotty, who was making his first appearance in an A’s uniform since 2022.

    Unfortunately, he got a good view of the Padres pummeling A’s starter Ross Stripling, who gave up 13 hits in just 3 2/3 innings as San Diego raced to an 8-0 lead on its way to a 12-11 win.

    The 33-year-old Piscotty, who is ticketed for Triple-A as he tries to resurrect his career, was out of the game by the time the young A’s battled back to make things interesting. Jacob Wilson, the A’s No. 1 prospect, had two hits and drove in a pair of runs to spark the comeback. Max Muncy, Oakland’s No. 8 prospect, chipped in by belting his second home run of the spring.

    Piscotty hasn’t played in the majors since August 2022, when the A’s released him to end his five-year run with the team he adored while growing up in Pleasanton. He was instantly beloved by fans across the major leagues when St. Louis traded him to Oakland before the 2018 season so he could be close to his mother, Gretchen, who was in the final stages of Lou Gehrig’s Disease.

    Wearing the same No. 25 as one of his A’s favorites, Mark McGwire, Piscotty had his best season that first year in Oakland, when he blasted 27 home runs and drove in 88 runs. His final four seasons with the A’s were marred by a myriad of injuries, and he was released in 2022 while batting just .190 through 42 games.

    His attempts the last couple of seasons to make it back to the majors haven’t panned out, despite some Triple-A success with the Reds, Giants and White Sox, all of whom released him to allow him an opportunity to catch on elsewhere.

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  • In Loving Memory Of Karyn Elayne Turner

    Sunrise: April 18th, 1955 – Sunset: March 10th, 2024

    Karyn was a beloved wife, mother, grandmother, great-grandmother, daughter, sister, auntie, cousin, and friend. Karyn gained her heavenly wings on Saturday, March 10, 2024 at 9:50a.m. Karyn fought a courageous eight-year battle with cancer, filled with hope and determined to emerge victorious. Karyn will forever be missed by all who had the pleasure of making her acquaintance. Please find comfort in knowing she is at perfect peace, with her Lord and Savior.

    Remember to keep her devoted husband Richard and her family in your prayers. The family requests you allow them privacy at this time of sorrow as they navigate through the coming days.

    Information regarding her memorial will be posted on Facebook when available.

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  • TikTok CEO urges users to ‘protect your Constitutional rights’ after ‘disappointing vote’ in the House

    The chief executive of TikTok expressed disappointment after the House passed a bill on Wednesday that could ban the popular social media app and urged users to contact their U.S. senators and urge them to vote against the bill, which now heads to the upper chamber.

    In a video posted to TikTok, CEO Shou Chew pledged that he would not stop fighting to block the bill from being signed into law and urged the public to continue voicing opposition to it.

    “We will not stop fighting and advocating for you. We will continue to do all we can, including exercising our legal rights to protect this amazing platform that we have built with you. We believe we can overcome this together,” Chew said in the video.

    “I encourage you to keep sharing your stories, share them with your friends, share them with your family, share them with your senators. Protect your constitutional rights. Make your voices heard,” he added.

    The House, in a 352-65 vote on Wednesday, easily passed The Protecting Americans From Foreign Adversary Controlled Applications Act. The bill would force ByteDance, TikTok’s China-based parent company, to divest the app within 165 days or face a ban in the U.S. from app stores and web-hosting services.

    Supporters of the bill say it aims to curb the national security risks posed by ByteDance, which they say could share sensitive data from American users with the Chinese government. TikTok, however, has pushed back on accusations that it poses national security risks—a position Chew repeated in his video on TikTok.

    He began his video by saying he wanted to share his thoughts about “the disappointing vote in the House of Representatives” and clarify misinformation.

    “Over the last few years, we have invested to keep your data safe and our platform free from outside manipulation. We have committed that we will continue to do so,” he said. “This legislation, if signed into law, will lead to a ban of TikTok in the United States.”

    It is unclear whether the Senate will bring up the legislation. In a statement, Senate Majority Leader Chuck Schumer (D-N.Y.) said the Senate “will review the legislation when it comes over from the House.” 

    Senate Intelligence Committee Chair Mark Warner (D-Va.) and Vice Chair Marco Rubio (R-Fla.) issued a statement of support after the House vote and highlighted the lower chamber’s strong bipartisan support for the measure.

    “We are united in our concern about the national security threat posed by TikTok – a platform with enormous power to influence and divide Americans whose parent company ByteDance remains legally required to do the bidding of the Chinese Communist Party,” they said.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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  • Watch: CNN Tried Interviewing Cannibals – It Didn’t Go So Well


    This may help explain why Americans are fearful of cannibalistic illegal aliens flowing in from Haiti.

    Viral footage recirculating on social media shows the time CNN correspondent Reza Aslan attempted to engage a cannibalistic tribe in India only to learn why locals fear them.

    A 2017 clip from CNN’s defunct show, “Believer with Reza Aslan,” depicts why Americans are nervous about illegal aliens invading from Haiti after a massive prison break has led to cannibalistic gangs taking over the region.

    In the clip, Aslan is outfitted with a crown made from dead animals and asks a guru from the Aghora Hindu sect, whose face is covered in cremated ashes, why people fear the tribe.

    “Should we eat the living?” asks the cannibal guru, adding, “Shall I show you by eating my own flesh?”

    Angered by the line of questioning, the guru tells Aslan, “I will cut off your head if you keep talking so much.”

    At this point, Aslan senses his life could be in danger and he calls producers over, asking them to cause a distraction while he sneaks away.

    The video being resurfaced shows why Americans are wary as the Haitian capital of Port-au-Prince has fallen and is now under the rule of ruthless cannibalistic gangs, including a gang led by Jimmy Cherizier, who goes by “Barbecue.”

    Meanwhile, Border Patrol agents in Miami have been told to prepare for an influx of illegals from Haiti.

    On Wednesday, Gov. Ron DeSantis (R-Fla.) declared he would deploy state law enforcement resources to protect his state’s southern coast from illegals inbound from Haiti.

    “Given the circumstances in Haiti, I have directed the Division of Emergency Management, the Florida State Guard, and state law enforcement agencies to deploy over 250 additional officers and soldiers and over a dozen air and sea craft to the southern coast of Florida to protect our state,” DeSantis stated on X.

    “No state has done more to supplement the (under-resourced) U.S. Coast Guard’s interdiction efforts; we cannot have illegal aliens coming to Florida.”



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  • Ondo Speaker Risks Impeachment After Endorsing Governor Aiyedatiwa’s Re-Election Bid

    The Speaker of Ondo State House of Assembly, Olamide Oladiji, is facing potential impeachment after publicly endorsing the re-election bid of Governor Lucky Aiyedatiwa without the consent of the House.

    During Aiyedatiwa’s declaration to seek re-election, Oladiji stated, “18 members of the Ondo State House of Assembly have agreed to support Aiyedatiwa. Even those who are not in the APC are with us in this struggle, and by the grace of God, we will arrive at the promised land.”

    However, in a swift rebuke, 13 out of the 26 lawmakers issued a statement on Wednesday disassociating themselves from Oladiji’s purported endorsement.

    The signatories included the Majority Leader, Oluwole Ogunmolasuyi, Chief Whip Oluwarotimi Babatunde Fasonu, Minority Leader Olajide Johnson Oguntodu, and Deputy Minority Leader Raymond Daodu, among others.

    The lawmakers categorically stated that the House had not passed any resolution to endorse Aiyedatiwa or any other gubernatorial candidate, as required by democratic principles and due process.

    They condemned Oladiji’s declaration as “untrue, misleading, unparliamentary, and ridiculous,” arguing that he lacked the moral and legal authority to pledge support for any aspirant without the explicit consent of members.

    The statement reads: “The Ondo State House of Assembly wishes to categorically state that it has not passed any resolution to endorse the incumbent Governor of Ondo State, Hon. Lucky Orimisan Aiyedatiwa, as purportedly announced by the Speaker, Rt. Hon. Olamide Oladiji.

    “The House of Assembly operates on democratic principles, and would formally take a collective decision, follow due process and the relevant laws governing the State where it wishes to take any decision regarding the endorsement of a gubernatorial candidate.

    “As Honourable members of the 10th Ondo State House of Assembly, we were shocked and disappointed to hear the public declaration made by the Honourable Speaker of the House, Rt Hon. Olamide Oladiji, to the extent that the Ondo State House of Assembly has agreed to support the governorship ambition of Governor Lucky Orimisan Aiyedatiwa”

    They stated further, “We, therefore, wish to inform the good people of Ondo State at home and in the diaspora that: at no point did the Ondo State House of Assembly deliberate the governorship ambition of any of the numerous aspirants that have indicated their interests to contest for the State’s 2024 Governorship Election, let alone agree to support any particular aspirant.

    “Mr. Speaker lacks the moral and legal authorities to speak or pledge support for any governorship aspirant on behalf of the House without the explicit consent of members.

    “Mr. Speaker has, by his unconventional and false public declaration, misrepresented the honourable House, and in so doing, brought the 10th Ondo State House of Assembly into disrepute, needless controversies and breached our confidence in his leadership.

    “Consequently, we hereby pass a vote of no-confidence in the leadership of the Speaker, Rt Hon Olamide Oladiji.

    “The House of Assembly however reaffirms its commitment to upholding the rule of law and ensuring that all decisions taken are transparent enough and are in the best interest of the people of Ondo State”

    Ondo Speaker Risks Impeachment After Endorsing Governor Aiyedatiwa’s Re-Election Bid is first published on The Whistler Newspaper

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