US-based Wells Fargo(WFC) has come the world’s valuable bank bank based on market capitalization, according to an article in The Wall Street Journal today. Wells Fargo exceed the market capitalization of ICBC (IDCBY) of China recently. Click to enlarge Source: Wells Fargo & Co. Is the Earth’s Most Valuable Bank, The Wall Street Journal, July 22, 2015 …
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One of important strategies for long-term success with investing in equity markets is diversification. The benefits of diversification cannot be understated regardless of the size of one’s portfolio. I have posted many articles on this topic in the past some of which can be found here and here and here and here. I recently came …
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In a recent article I wrote that most small businesses and start-ups in the U.S. do not survive very long. Even some large-cap companies like the Fortune 500 disappear in the long run due to mergers or bankruptcies. Since the U.S. was founded only a couple of hundred years ago, there are no companies here …
Continue reading ‘10 Ancient Businesses That Stood The Test Of Time’ »
Many years ago I wrote an article comparing tax rates on capital gains across countries. In this post, let us take a look at the Top Marginal Tax Rate on Capital Gains In OECD Countries for 2015. Click to enlarge The US has the sixth highest rate among OECD countries. The US rate is 10% higher …
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