Legal limit on rent

Complaints about rent increases from Dubai residents are growing due to the unjustified increase demanded by the landlord. There is no federal law that sets the rent limit, each emirate has its own laws.

For the Emirate of Dubai, Law № 26 of 2007 regulates the relationship between landlord and tenant and provides rules regarding rent. With regard to rent, the Supreme Court of the Union stated that the effect of the provisions of the lease agreement (lease agreement), as set out in Articles 742 et seq. Of the Civil Code, is that the rent is payable by using the leased property. ».

(It should be noted that the Dubai Law № 26 of 2007 applies throughout Dubai, except for the areas covered by the DIFC zone, as real estate in the DIFC zone is governed by the DIFC Law № 4 of 2007).

The law defines the rent as a certain amount of remuneration that the tenant is obliged to pay in accordance with the lease agreement. A lease is a contract under which the landlord undertakes to enable the tenant to benefit from the property for a specific purpose and period for a specified fee, and therefore the amount of rent must be specified in the contract and remains unchanged until the expiration of the contract.

Further, the law provides for the determination of the cost of rent in the event that it is not provided for in the lease agreement or if the rent is determined, but it is impossible to confirm. In such cases, the Committee, ie the Judicial Committee, which is empowered to settle disputes between landlords and tenants, must determine the rent for the leased property in accordance with “similar rent”. “Similar rent” is determined by the commission in accordance with the standards for setting the percentage increase in rent applied by the Real Estate Regulatory Agency (RERA). In addition, the general economic circumstances in the Emirate, the status of real estate, market rents in the same area and current legislation – all these are factors that must be considered when determining a similar rent. RERA should establish criteria for determining rental rates in the Emirate in accordance with the general economic conditions in the Emirate.

Any dispute regarding the lease of premises shall be referred to the committee, as all such disputes fall within the jurisdiction of the committee.

Upon expiration of the lease agreement, it is subject to renewal for a similar period, and during its extension, the landlord may change the terms of the contract. He may reconsider the rent he may maintain at the same level, or may increase or decrease it. The increased or decreased rent will be valid for the term of the lease. For the lease to remain in force, it is necessary for the tenant to agree to the terms thus imposed on the landlord, if the parties do not come to an agreement, the Committee may decide on a fair rent. If one of the parties to the lease wishes to change any of its terms, it must notify the other party at least 90 days before the expiration date, but this condition may be revoked by agreement between the landlord and tenant.

The law also sets a limit on landlords ‘rent increases so that landlords do not take advantage of tenants’ vulnerabilities and exploit them by unreasonably raising rents. Also the rent cannot be increased during the lease agreement. It can be increased only after the expiration of the previous contract, so the rent remains for one year from the beginning of the lease.

Further, Dubai Decree № 62 of 2009 on rental prices in the Emirate of Dubai enshrined the maximum increase in property rent in the Emirate of Dubai depending on the average property rent in the same area and the percentage difference between the average rent and current rent. Thus, depending on the difference, the increase may reach the following limit:

I. zero increase in rent if the rent is up to 25% less than the average rent for facilities of similar characteristics;

ii. 5% of the current rent in the event that the rent is 26-35% less than the average rent of facilities of similar characteristics;

iii. 10% of the current rent in the event that the rent is 36-45% less than the average rent of facilities of similar characteristics;

iv. 15% of the current rent in the event that the rent is 46-55% less than the average rent of facilities of a similar nature; and

v. 20% of the current rent in the event that the rent is more than 55% less than the average rent of facilities of similar specifications.

In addition, the Dubai government has provided us with an online rent increase calculator at the following website:

The aforementioned government website provides a service to calculate the percentage increase in order to obtain the cost of rent in certain areas as a guide. All the user has to do to use this service is to select a calculator on the website and enter the necessary data, after which he / she will be given an increase limit and the average rent for the requested area and premises.

Tips on how to avoid illegal rent increases:

1. Make sure the landlord notifies you in writing of the proposed rent increase at least 90 days before the end of the lease.

2. Make sure the amount of the increase matches the RERA rent calculator for your property.

3. If you can not agree with the landlord on the amount of rent increase, apply to the Lease Committee.

Porter’s Five Forces Model: Understanding the Competitive Nature of Your Industry

You have a great idea and you want to start your own business. You feel like you have developed a great product or service for consumers that will be considered in the market. You believe you can create a large profit margin with your product or service and get a huge return on investment (ROI). If your product or service isn’t one of a kind and doesn’t exist anywhere in the world, you should think about understanding Porter’s Five Forces model before launching your product.

Dr. Michael Porter, a professor at Harvard Business School, created the foundation and concept known as the “Porter’s Five Forces Model.” According to Dr. Michael Porter, “There are five competing forces that shape strategy in an industry. Awareness of the five forces can help a company understand the structure of its industry and take a position that is more profitable and less vulnerable to attack.” determine the competitive intensity of the industry:

1. Threat of entry

2. Strength of suppliers

3. The power of buyers

4. The threat of substitutes

5. Rivalry among existing competitors

These five forces are crucial for new business owners and entrepreneurs to understand before introducing their products or services to the market or entering a specific industry. In this article, I am going to give a simplified explanation of the five forces so that new business owners and entrepreneurs understand their purpose.

Threat of entry – Each industry serves a limited market. Companies in a particular industry compete for a significant share of that market. What happens when a new company enters the industry? The new company consumes market share. Existing companies are losing some of their customers, and with it some of their profits. When too many companies enter the industry, it affects the ability of companies to gain significant market share. As the number of suppliers in the industry increases it affects the overall demand for products or services offered by the company, which affects the supply price. “Thus, the threat of entering the industry limits the industry’s profit potential. If the threat is high, existing companies must restrain their prices or increase investment to deter new competitors (Porter, 1979).” In order to protect the industry from new acquisitions, previously existing companies create barriers to prevent new companies from entering the industry. Without going into details, Dr. Michael Porter advises that there are seven main sources that operating companies use as benefits for entry barriers: economies of scale on the supply side, benefits of scale on the demand side, switching costs, requirements to capital, benefits in office regardless of size, unequal access to distribution channels and restrictive government policies.

Strength of suppliers – Suppliers are companies that create special materials, raw materials, personnel or specialized equipment for service companies in certain areas. The power of the supplier depends on its size and financial strength. A provider that serves a variety of industries or offers a unique product or service that is not offered elsewhere can be extremely powerful, especially when it comes to cost. A strong supplier can increase costs and make it difficult for companies to increase profit margins or pass these costs on to their customers. “Powerful suppliers, including labor suppliers, can squeeze profitability out of an industry that is unable to withstand rising costs at its own prices (Porter, 1979).

The power of buyers “Buyers are powerful if they have the leverage to negotiate with industry, especially if they are price sensitive, using their influence primarily to put pressure on prices (Porter, 1979).” Powerful buyers who purchase a large number of goods or services in an industry can affect prices in that particular industry. A powerful buyer may threaten to buy from a competitor of the company if he believes that the company’s prices are too high. Powerful buyers may also demand higher quality or improved service, which can have the opposite effect and increase cost for the company in which it buys. As a new business owner or entrepreneur, it is extremely important to create a product or service that is attractive to multiple buyers. Having a healthy portfolio of buyers with the same purchasing power will help facilitate the presence of a large influence of one buyer.

The threat of substitutes – “When the threat of substitutes is high, the profitability of the industry suffers. Substitute products or services limit the industry’s profit potential by setting a ceiling on prices … Substitutes not only limit profits in normal times, they also reduce profits that the industry can make in good times (Porter The most important point that a business owner or entrepreneur needs to understand about the threat of substitutes in the industry is how it affects demand and prices. Substitute goods directly or indirectly provide the consumer with an alternative to advantage. Cross-elasticity of demand refers to sensitivity to demand for one product or commodity before the price change for another commodity or commodity.To keep this simplified, if the consumer is very sensitive to changes in the price of a preferential commodity, demand for this commodity will decrease, while demand for substitute goods will increase . ”If the industry does not distance itself from substitutes through product performance, marketing or other means, it will suffer in terms of profitability and often growth potential (Porter, 1979) ”.

Rivalry among existing competitors – “High competition limits the profitability of the industry. The degree to which competition reduces the profit potential of the industry depends, first, on the intensity of competition of companies and, secondly, on the basis on which they compete (Porter, 1979).” and entrepreneurs need to carefully study and analyze the number of companies in the industry in which they want to work, and how intense the competition between those companies is. Fierce competition within a saturated industry can damage the profitability of that industry. Companies in the industry, which is equal in level and competing in price, greatly complicate the profitability of this industry. For example, companies that offer similar or identical products and services often lower the prices of their goods or services to gain a competitive advantage. As a new business owner or entrepreneur entering a saturated industry with a price war, it is extremely difficult to make a profit, especially if pre-existing companies have an advantage in economies of scale.

According to Porter, there are many factors that determine the intensity of rivalry and the basis on which companies compete. Business owners and entrepreneurs need to further study Porter’s Five Forces model to gain a deeper understanding of these factors. In conclusion, according to Porter, “Understanding the forces driving competition in an industry is the starting point for developing a strategy. Every company should already know what the average profitability of its industry is and how it has changed over time. Five forces reveal why the industry “profitability is what it is. Only then can the company incorporate industry conditions into its strategy.”

Porter, M. E. “How Competitive Forces Shape Strategy.” Harvard Business Review 57, vol. 2 (March-April 1979): 137-145.

HarvardBusiness. “Five competing forces that shape strategy.” YouTubeYouTube, June 30, 2008,

An analogy of a flock of birds with problems of innovation and intellectual property

Have you ever sat in amazement watching a local flock of birds as they quickly and abruptly change direction while a flock follows? Observing flocks of local birds, it is immediately apparent that they are significantly different from migratory birds, as migratory birds fly in a straight line. It’s hard to say why the birds fly together in local flocks and seem to challenge each other over who will lead the formation, but it seems to be what they do. From long-distance migrations it is clear that they are doing this for the sake of aerodynamic advantage.

And now I would like to draw this analogy and invite you to think. I would like you to sit back and think about it for a moment when I compare it to innovation and change in any given industry, when industry leaders take positions with new innovations, research and development and other companies follow them. Sometimes the industry has a pretty good idea of ​​where it will go in the future, but it doesn’t know exactly how to get there – or exactly the intended destination – just what will end up getting there.

Let’s take a look at Apple and their latest iPods, iPhones and iPads – you have to admit it’s a lot of innovation for one company in a short amount of time. It seems that if you think that new innovations can not be, Apple is coming up with something new. They are definitely innovators in the personal technology industry, personal computers, and who knows what else in the future? Every time they innovate, a flock follows. Some of the other companies or birds are watching very closely and trying to imitate almost exactly.

Other companies are kept far behind, they are calm, not trying to fight for the pole position or keep up with them. Instead, when the flock makes a hard turn to the right, they can just slightly adjust their trajectory vector to catch up with them. In fact, the following companies, imitators and copyists of their innovations, patents and intellectual property spend much less energy, although it can be said that they are still part of the herd (industry).

Older or weaker birds do this most often, especially if they can’t keep up with stronger young birds that may flaunt in front of potential mates or compete for the order of pecking. One may ask, which strategy is best? Flying after the leader and thus in their currents like Lance Armstrong on the Tour de France, or hovering in the Peloton and flying a shorter distance each time the flock turns in a different direction, still gets to the indie destination with the rest birds.

If we look at Apple and its market capitalization, or at a company like Google, or even Microsoft at the time, we’ll see that innovators, if they can keep innovating, tend to win the game. In a flock of birds, the leading birds are likely to mate with other birds of their choice, and they remain on top of the order of pecking. Because of all this fancy flight and hard work they are probably also stronger birds, more physical and it is also a benefit.

There will always be leaders in any industry or field, and there will always be leeches who are attached to them. Some will say that the best strategy is to be the main bird or to take advantage of the “first market theory” as often as possible, and yet I would suggest you in our time rapid prototyping, fierce personal branding and marketing technologies to be first in the market cannot be smart and even safe. Okay, but we’ll notice that many of the pioneers of new technologies do enjoy certain benefits – but not always.

For every Apple, Google or Microsoft there are tens of thousands of companies, startups, innovative companies that are financed with venture capital, which are no longer with us. They were also the first in their market, spending a lot of money on branding and marketing, setting up distribution channels just to get older birds to copy their techniques, innovate and emulate their prototypes – thus capturing most of the market share in the end.

Eventually, they also landed at their destination, albeit less tired, with less money spent, and they had plenty of energy to share in the profits, worms or food available at the destination market.

Recently, we have seen many lawsuits between Apple and other competing, imitation companies. Many of these companies were abroad, and they either stole patented information, stole patents, or directly copied Apple products.

In China, most consumers believe that paying the full price for American products is crazy if you can buy an exact copy or imitation for 10 percent of the price. In fact, you would be considered unreasonable, stupid and unreasonable if you decided to do the right thing and buy the original, not a fake.

This means that if you work for a company and buy a legitimate Microsoft program or Apple product, you will be considered stupid and perhaps not a very good money manager, and so you will not get a raise in your company – other employees actually laugh at you for your unwise decision to do the right thing. In this regard, there is an inherent problem in the cultural differences between Americans and Chinese.

When we enter the debate on pharmaceuticals, we see the same thing. In the United States, buying some drugs costs a lot of money, but in places like Africa, they buy fakes from other places where they have infringed patents made for the same chemical, and use them instead, in fact in Africa they require medication free. This means that the company, which conducted research and development, invested in patents and went through a difficult process by the FDA, and meanwhile spent hundreds of millions of dollars, in some cases losing.

The copying company is rewarded for fraud, theft and theft of intellectual property. However, if we return this to the “bird flock analogy”, we can see that it is very common in nature. Thus, one could assume that imitation is a completely natural thing. And even if the United States has patent and intellectual property laws in place, these companies, business owners, and representatives of other cultures don’t understand what we’re talking about.

Of course, once we start borrowing their technology, it’s amazing how quickly they rediscover why patents and intellectual property rights are important. In many cases, if you can innovate, stay on the cutting edge of technology and keep moving fast, you can lead a flock and become a winning bird. Yes, it takes a lot of energy, and it’s almost American, but we’ll see that in the end the rest of the flock also won awards, although these were just some of the most innovative and powerful birds that brought them there.

If we want stronger birds (Eagles), we will have to reward successful innovations, not so that they are lazy, but so that they can benefit from research and development without attracting a giant flock of followers. If we don’t, we will find fewer companies introducing innovation and we will slow down technology development. If you are against technology, you may prefer this concept, but if you are for the development of humanity, you can understand why it is so important.

I would like to tell you that the next time you observe a flock of birds flying locally as they spin and turn, you can think about the dynamics of innovation in the marketplace, all the challenges we face in our world, and what we need to do to make sure the game remains fair to all concerned. We need to reward the pack leaders if we are going to continue the race around the clock. Please keep all this in mind.

About New Era Cool Base Performance Technology

New Era is the official cap of the Major League Baseball and one of the leading manufacturers of sports caps in the world. Since 1920, New Era has been one of the world’s leading manufacturers of hats, producing a top quality product that has surpassed more than 90 years of constant fashion, cultural and sporting environment.

New Eras ’ability to produce and sell top quality baseball caps has earned itself the title of“ Official Major League Baseball Cap ”. Did you know that all your favorite major league baseball players wear New Era 5950 caps on the field during the game?

New Eras On-Field Collection hats have Cool Base Performance technology from New Eras, which provides a hat with the best characteristics, while providing the highest quality and comfort in the most extreme conditions.

Cool Base Performance Technology New Eras has three main factors:

1) revolutionary phyllite

2) supreme drying

3) resistant to shrinkage

How are New Era caps with Cool Base Performance technology different from other New Era 59Fifty caps?

The main difference is the material. On-Field Collection hats with Cool Base Performance technology are made from 100% polyester, while most other New Era hats are made from 100% wool or a 70/30 wool / cotton blend.

Polyester is a synthetic material used to make various garments, mainly from a mixture of cotton and polyester. Here are some benefits of using polyester:

1) Polyester dries quickly

2) Polyester retains its shape better

3) Polyester is more resistant to mold and mildew damage

For major league baseball players and other athletes, it’s easy to see why the New Era makes its On-Field Collection hats made of polyester. New Era polyester caps with Cool Base Performance technology are ideal for MLB players and other athletes because of the extreme conditions in which they play. Polyester helps:

* hats dry quickly in hot conditions, when the cap is likely to spill sweat, and in rainy and cold conditions.

* hats do not shrink. New Era hats are mostly custom, so under the influence of sweat or water woolen or cotton hats will shrink.

* hats stay in shape through games, workouts, throwing them in lockers and stuffing the bottom of sports bags.

* caps retain color better.

When making polyester garments such as New Era caps, you need to take very thin threads of polyethylene terephthalate (PET) that are woven or knitted to provide maximum flexibility.

Combining thin polyester fibers with the sewing quality that New Era provides, you will notice that New Era caps, made by Cool Base Performance technology, have a smooth and silky feel.

Profit, Investing Fantasyland: ETFs and Mutual Funds with High Dividends

Several years ago, when asked at a meeting of the AAII (American Association of Individual Investors) in northeastern New Jersey, a comparison was made between the professionally managed portfolio “Market Cycle Investment Management” (MCIM) portfolio and any of several High Dividend Select stocks. . ETFs.

  • My answer was: which is better for retirement, 8% of income in your pocket or 3%? Today’s answer will be 7.85% or 1.85%… and, of course, there is no molecule of similarity between MCIM portfolios and ETFs or mutual funds.

I just took (closer than I-usually-worried-to) “Google” to the four “best” ETFs with high dividends and, similarly described, a group of mutual funds with high dividends. ETFs are “marked” by an index such as the “Dividend Allocation Index,” and consist mostly of high-cap U.S. companies with a history of regular dividend increases.

Mutual fund managers are tasked with maintaining an investment mechanism with high dividends and are expected to trade according to market conditions; An ETF holds every security in its underlying index, all the time, regardless of market conditions.

According to their own published issues:

  • The four “best” ETFs with high dividends in 2018 have an average dividend yield (i.e. in your checkbook on spending money) in … pause to translate the spirit, 1.75%. Check: DGRW, DGRO, RDVY and VIG.

  • Just as outrageous profits, the “best” mutual funds, even after slightly higher management fees, produce a whopping 2.0%. Look at them: LBSAX, FDGFX, VHDYX and FSDIX.

In fact, how can one hope to live at this level of income production with a portfolio of less than five million dollars. This is simply impossible to do without selling securities, and if ETFs and funds do not grow in market value each month, the dive into the principal amount should occur on a regular basis. What if the market is taking a long turn?

The funds described may be the best in terms of “total profits,” but not from the profits they produce, and I have not yet determined how you can use either total profit or market value to pay your bills. without the sale of securities.

As much as I love high-quality dividend-producing stocks (all investment grade stocks are dividend payers), they just aren’t the answer to “readiness” to retire. There is a better, profit-oriented, alternative to these “dogs” producing equity income; and with much less financial risk.

  • Note that the “financial” risk (the probability that the issuing company will not make its payments) is significantly different from the “market” risk (the probability that the market value may fall below the purchase price).

To compare apples to apples, I chose four equity-focused closed-end funds (CEFs), from a much larger universe that I’ve been following quite closely since the 1980s. They (BME, US, RVT and CSQ) have an average return of 7.85% and a payment history of an average of 23 years. There are dozens of others that bring in more profits than any of the ETFs or mutual funds mentioned in Google’s “top class” results.

Although I firmly believe in investing only in dividend-paying stocks, high-dividend stocks are still “growth-oriented” investments, and we cannot expect them to generate such income. on which one can rely from one’s cousins ​​for “income purposes.” . But the stock-based CEF is very close.

  • If you combine these monsters of earnings from stocks with the same managed earnings CEF, you have a portfolio that can lead you to “retirement readiness” … and that’s about two-thirds of the content of the MCIM-managed portfolio.

When it comes to generating income, bonds, preferred stock, bills, loans, mortgages, real estate, etc. are naturally safer and more profitable than stocks … as envisioned by the gods of investment, if not the “Wizards of the Wall”. The street. They’ve been telling you for almost a decade that a return of about two to three percent is the best they can offer.

They lie through their teeth.

Here is an example, as reported recently Forbes Magazine an article by Michael Foster entitled “14 funds that break Vanguard and bring in returns of up to 11.9%”

The article compares both profitability and total profitability, quite clearly shows that the total profitability is meaningless if the competition brings 5 ​​or 6 times more annual income. Foster compares seven Vanguard mutual funds to 14 closed-end funds … and outsiders win in every category: total stock market, small capitalization, medium capitalization, large capitalization, dividend growth, U.S. growth and U.S. value. His conclusion:

  • “When it comes to yields and one-year returns, none Vanguard funds will win. Despite their popularity, despite their fascination with passive indexing and despite their pleasant history, many want to believe in the truth – Vanguard – lagging behind. “

Hello! It’s time to step up your income program before retirement and stop worrying about total income and changes in market value. It’s time to put your portfolio in such a position that you can do it unambiguously, without hesitation and with full confidence:

“Neither stock market volatility nor rising interest rates are likely to have a negative impact on my retirement income; in fact, I’m in an ideal position to take advantage of all the markets and interest rate movements of any magnitude at any time … never breaking into a director except for contingencies. ”

Not yet? Try it.

* Note: No mention of securities in this article should be construed as a recommendation for any specific action: purchase, sale or retention.

Reagan banned CFCs and founded Cap-and-Trade

Many Republicans celebrated Ronald Reagan’s 100th birthday because he is considered a unifying figure who skillfully combined principles, pragmatism, and service to the nation. He was a thoughtful conservative-traditionalist who remembered our responsibilities to govern future generations. He has preserved many wild areas so as not to damage their economic development. The way he solved two pollution problems should set an example for Republican politicians today.

During the 1980s, there was scientific evidence that CFCs from cans and refrigerants damage the ozone layer. The layer filters out UV rays, which can cause skin cancer and damage to the environment. Reagan ignored political controversy, ideology, and statements about economic catastrophe – and followed the advice of scholars. He signed the Montreal Protocol, which bans CFC emissions. Economic catastrophes have not happened, and the ozone layer is recovering.

When Canada was concerned that emissions from northeastern power plants were entering Canada and acidifying their lakes, Reagan offered a market solution to the problem. He developed a system of restrictions and trade, according to which polluters had to pay when buying loans, and companies that reduced pollution, received loans. Despite initial complaints, the system worked well and cost much less than energy companies claimed, and none failed.

Scientific evidence has become clear and convincing that human emissions of CO2 cause climate change, endangering the environment and the health of future generations. However, many of our leaders are reluctant to accept scientific evidence. The industries involved say it will be too expensive, and some argue that it will destroy our economy. The system of restrictions and trade proposed to solve the problem has been halted by political controversy. Our current Congress leaders, especially those who ignore science or insultingly call Reagan’s system a “tax limiter,” should look to Reagan as an example.

Coinbase says "No solution" Made for Ripple

“No decisions” on new assets, Coinbase says amid rumors of Ripple

Coinbase is abandoning stories that it may soon add the XRP Ripple token to its current trading pairs.

The speculation came after it emerged that Coinbase chief operating officer and president Asif Hirji could appear alongside Ripple CEO Brad Garlinghouse in a special episode of CNBC’s “Fast Money” program on March 6th. Moreover, despite solid confirmation of the alleged listing, on Monday the price of XRP rose to more than $ 1.

After hours of turning off the radio on the issue, Coinbase used Twitter to dispel rumors, saying the January declaration listing new cryptocurrencies – which subtle elements like the “committee of internal experts” would eventually make these decisions – hadn’t changed.

Our statement of January 4, 2018 remains valid: we have not decided to add additional assets to either GDAX or Coinbase.

As a prepared segment of CNBC, it is unclear whether Garlinghouse and Hirge will perform on the panel or appear on their own. Host Melissa Lee posted on Twitter a screenshot from the crypto-themed promotional segment, which also features Passport Capital founder John Burbank and Social Capital founder and CEO Chamat Polychapity.

A Ripple spokesman declined to comment on the rumors when they were reached.

Ripple saw another great month fail when its cryptocurrency asset XRP lost significantly compared to unbeaten highs in early January.

XRP won the attention of its customers, gaining up to 1,000 percent earlier this year, as well as new customers; his blockchain startup became the crypto industry’s talk in 2018.

However, it is important for beginners to realize that the roots of all this enthusiasm are related to the specific claims of the startup, in particular that its technology will transform international payments, improving outdated methods used for payments and money. between major financial institutions.

According to Ripple, its products are not only cheaper and faster, but also proudly support them more methodically than the services available on the market today, which focuses primarily on the use of cryptocurrency and blockchain technology.

Coinbase has just doused Ripple enthusiasts with a bit of cold water who want to see how their coin hit the popular mainstream exchange.

Rumors that RRple’s XRP will be next in line after Bitcoin Cash hit a fever this week among coin rush types, with some reading between the lines of Tuesday’s CNBC Fast Money segment featuring Ripple CEO Brad Garlinghouse and Coinbase president Asif Hirji. in what appears to be a panel discussion on cryptocurrency trends.

Speculation based on the Fast Money segment led XRP to $ 1.07, which is about 6% more than the weekly average. XRP Ripple remains the only coin in the top five by market capitalization that is not available on Coinbase, although given the centralized nature of XRP and very different goals compared to other cryptocurrency projects, its absence is not surprising. However, there are many trading interests, and these things don’t stop Coinbase from adding XRP in the future if it decides to do so.

Any allegations to the contrary are untrue and not endorsed by the company. ”Following the statement, XRP modestly rolled back to its previous averages.

The company also cited a January 5 blog post about the criteria for adding new assets. The message said that “Coinbase will announce the addition of new assets only through a post on our blog or through other official channels.” The company most likely does not want to repeat the chaos around the introduction of Bitcoin Cash. Support for Coinbase’s latest asset was officially announced long before the time, but the deployment itself was marred by big bonuses, a trading freeze and an internal insider investigation.

Is the rebound penny stock too good to be true?

If you love penny stocks (and judging by the number of stocks that have fallen into the penny range over the last 18 months … you many), then the last month has been one of remarkable optimism, or great pessimism.

From March 9 to April 9, the Dow Jones average rose 23%, the S&P 500 rose 26% and the Nasdaq Composite rose 30%. Small-cap stocks were well ahead of large ones, with the Russell 2000 index up 36% over the same period. According to Howard Silverblatt of S&P, this was the sharpest 23-day increase since 1933.

A recent rise in U.S. stock prices has prompted one investment officer to say the rally was “too explosive to be sustainable.” According to Birinyi Associates, if low-cap stocks outperform high-cap stocks to such an extent after bear markets, rallies are fading.

Will history repeat itself? Will low-cap stocks and penalties continue to rise?

According to one article I read (and undoubtedly ten times more to the contrary), pessimistic views seem to be based on one main assumption – that history is a good guide for the future.

And it often happens. Except when history has little to offer for comparative analysis. While we’ve all lived to talk about past bear markets, we haven’t seen anything like it in the past year or so.

In fact, it has probably been a century since the economy experienced a sharp decline in the velocity of money, like last year. Since 1907, the US economy has not experienced a real panic, as in late 2008.

Larry Summers, chief economic adviser to President Obama, said in late 2008 the economy behaved like a ball falling from the edge of the table. Almost every major piece of economic data, the article notes, resembles the front half of a “V” starting around September.

Car sales fell to a level well below the level of recycling, while home sales fell to just one-third of the amount needed to keep up with key indicators such as population growth. The combination of a rapid decline in economic activity, rising foreclosures and mortgage defaults, and market accounting has led to large losses in banks and a panicked sell-off.

According to some financial analysts, the economy and the market are only rebounding from the historically rare events of last year.

If so, and most stocks fall and trade at seemingly bargain prices, how can we separate penny stocks from strain? After all, even fine penny stocks have seen investors overreact by sending their stock prices off the table. But what penny stocks are going to jump … and what deservedly fall?

During a regular bear run, markets will correctly predict the value of many stocks and their discounts accordingly. A 50% price cut is certainly a mark-up, but it’s not a profitable deal if the company’s value has been halved, if business units have deteriorated or been overstated.

This fall, investors were killing pennies in almost every sector. The question is, which penny stocks have undergone a justified correction, and which have resulted from a mistaken, emotional overreaction?

Here are some penny stocks that you may be familiar with. While their stock prices fell last fall, these are financially stable companies that have become a side damage hampered by gloomy market sentiment. And, unlike most penny stocks, their stock prices are bouncing.

Accelrys Inc. (Nasdaq – ACCL) is a profitable, financially sound company with more than $ 53 million in cash, a strong international presence and no long-term debt. Since the beginning of March, the share price of ACCL has risen by 28.57%.

In early February, ACCL announced that third-quarter revenue was up 5% year-over-year to $ 20.6 million. Net income for the period was $ 1.01 million, or $ 0.04 per share, compared to (loss) ($ 1.23 million) or ($ 0.05) per share for the same period last year.

California microdevices (Nasdaq – CAMD) is an innovative company with more than $ 48 million in cash, no long-term debt and good long-term growth potential. Since the beginning of March, the share price of CAMD has risen by 39.56%.

In late January, CAMD announced that the results of the third quarter of fiscal 2009 (ended December 31, 2008) were in line with revised instructions of $ 9.7 million. While demand for the company’s products has plummeted due to the weakening global economy, the company’s strong balance sheet will help it withstand the current economic storm. CAMD expects the current stock adjustment to be completed by mid-2009.

Art Technology Group, Inc. (Nasdaq – ARTG) is a profitable, financially sound company with more than $ 59 million in cash, no long-term debt and improved operations. In early March, ARTG traded for just $ 1.95, and this week reached a high of $ 2.96 per day; for a short-term spread of 51.79%.

In March, ARTG announced the conclusion of two strategic partnerships. In early February, the company announced that revenue in the fourth quarter was up 16% year-over-year to $ 45.4 million. Net income rose significantly to $ 3.5 million. Revenue for the full year grew by 20% to $ 164.6 million. The company also achieved a full-year profitability of $ 3.8 million.

If the recent rise with small capitalizations and penny stocks is viewed through the prism of recent history, then we could all expect markets to roll back significantly. As the last 18 months have been far from typical, it is difficult to articulate the optimism of some markets.

It’s possible that some penny stocks are going back to where they were last fall – before emotions were heard and they fell off the table. And it still gives shrewd penny investors room to maneuver before a real market boom begins.

Cryptocurrency: The Fintech Disruptor

Blockchains, sidechains, mining – terminology in the secret world of cryptocurrency accumulates in minutes. While it sounds unwise to impose new financial conditions in the already complex world of finance, cryptocurrencies offer a much-needed solution to one of the biggest troubles in today’s money market – transaction security in the digital world. Cryptocurrency is a defining and destructive innovation in the rapidly evolving world of financial technology, a responsive response to the need for a secure medium of exchange in the days of virtual transactions. At a time when transactions consist only of numbers and figures, cryptocurrency offers to do just that!

In its most basic form, the term cryptocurrency is evidence of the concept of an alternative virtual currency that promises secure anonymous transactions through peer-to-peer online networks. Wrong name is property rather than actual currency. Unlike everyday money, cryptocurrency models operate without a central authority as a decentralized digital mechanism. In the mechanism of distributed cryptocurrency, money is issued, managed and approved by a collective network of community peers – the continuous activity of which is known as extraction by peer car. Successful miners also receive coins in gratitude for the time and resources used. Once used, transaction information is broadcast to the public key network blockchain, not allowing each coin to be spent twice by the same user. Blockchain can be seen as a cash register. The coins are password protected with a digital wallet that represents the user.

The supply of coins in the world of digital currency is determined in advance, without manipulation, by anyone, organizations, government agencies and financial institutions. The cryptocurrency system is known for its speed, as a transaction with digital wallets can materialize funds in minutes, compared to a traditional banking system. It is also largely irreversible in its intent, further reinforcing the idea of ​​anonymity and eliminating any further chances of tracking money back to their original owner. Unfortunately, the distinctive features – speed, security and anonymity – have also made cryptocurrencies a way of transactions for many illegal transactions.

Like the real world money market, exchange rates fluctuate in the digital coin ecosystem. Due to the limited number of coins, when the demand for currency grows, the value of coins increases. Bitcoin is the largest and most successful cryptocurrency to date, with a market capitalization of $ 15.3 billion, occupying 37.6% of the market and currently priced at $ 8,997.31. Bitcoin entered the foreign exchange market in December 2017, trading at $ 19,783.21 per coin before facing a sudden drop in 2018. The decline is partly due to the rise of alternative digital coins such as Ethereum, NPCcoin, Ripple, EOS, Litecoin and MintChip.

Due to tightly programmed restrictions on their supply, cryptocurrencies are considered to adhere to the same principles of economics as gold – the price is determined by limited supply and fluctuations in demand. With constant exchange rate fluctuations, their stability will still need to be reviewed. Thus, investing in virtual currencies at the moment is more speculation than the usual money market.

In the wake of the industrial revolution, this digital currency is an indispensable part of the technological breakdown. From the point of view of a casual observer, this rise can look exciting, threatening and mysterious at the same time. While some economists remain skeptical, others see it as a lightning revolution in the monetary industry. Conservatively, digital coins are going to displace about a quarter of national currencies in developed countries by 2030. This has already created a new asset class along with the traditional global economy, and a new set of investment funds will emerge from cryptocurrency in the coming years. Recently, bitcoin may have gone down to focus on other cryptocurrencies. But this does not indicate the collapse of the cryptocurrency itself. While some financial advisers emphasize the role of governments in fighting the secret world to regulate the central governance mechanism, others insist on maintaining the current free flow. The more popular cryptocurrencies, the more attention and regulation they attract – a common paradox that disrupts the digital bill and undermines the main purpose of its existence. In any case, the lack of intermediaries and supervision makes it extremely attractive to investors and causes a drastic change in daily trading. Even the International Monetary Fund (IMF) fears that cryptocurrencies will displace central banks and the international bank soon. After 2030, conventional commerce will be dominated by a crypto supply chain that will offer less friction and more economic value between technology-savvy buyers and sellers.

If a cryptocurrency seeks to become an essential part of an existing financial system, it must meet very different financial, regulatory and social criteria. It must be protected from hackers, user-friendly and heavily protected to offer its fundamental benefits to the core monetary system. It should maintain the anonymity of users without being a channel for money laundering, tax evasion and internet fraud. Since this is a must for the digital system, it will take a few more years to understand whether cryptocurrency will be able to compete in full swing with the real world currency. While this is likely to happen, the success of cryptocurrency (or lack thereof) in solving problems will determine the fate of the monetary system in the coming days.

Synthetic or human hair? Everything you need to know before buying a wig

It is said that the ancient Egyptians invented the wig before the 1600s. It doesn’t really matter who made them first; I am just happy that the wig was made! Every woman / man who knows the heartache of a bad hair day appreciates the value of a good wig. Indeed, in the 21st century wigs have found a new meaning. They are fashionable and help all people to comfortably achieve the desired look. Wigs also help people better preserve their natural hair. Constant heat treatment and styling of natural hair is harmful. As a lover and owner of wigs, I welcome the evolution and fame of this key beauty item. If you want to buy a wig online, you have no privilege to touch and feel it. To this end, it is important to know how to evaluate quality and style to make an informed decision. This complete resource gives you the tools you need to order the most suitable wig that suits your needs.

What exactly is a wig?

According to an online dictionary, a wig is a coating made using real or artificial hair. The definition says that wigs are mostly worn by judges and lawyers in the courts or people trying to hide their baldness. Currently, women are popular to wear wigs as a fashion shortage. With or without hair, many people will wear stylish wigs to look updated and neat. Wigs also have cultural significance when celebrities create their brand and persona around a certain look enhanced by a wig.

Types of wigs available in the market

Wigs are made using synthetic hair, human hair or a mixture of human and animal hair. Sheep, rabbit rabbits and horses are some of the most common sources of animal hair used to make wigs.

Wigs made using synthetic hair

Synthetic wigs are made using artificial hair. Some of the most common materials used to make them include nylon and acrylic fibers. Synthetic hair technology has really improved by making some of the most beautiful wigs on the market synthetic. In fact, some artificial wigs made of hair are indistinguishable from wigs made of human or natural hair. There are many benefits to choosing a synthetic wig, as shown below;


– Quality looks very real and natural

– They are more affordable compared to natural hair or wigs made of human hair

– Synthetic options will not have a problem of tangling, it is common in human hair types

– These wigs will retain their style even after washing

– You can choose different styles and designs from the market of your choice

– In general, they are easy to maintain


– Synthetic wigs are pre-made and you can’t manipulate or change the style as you wish

– Synthetic wigs have a shorter service life – no more than 6 months – but it will depend on the brand

Wigs made of human hair

Human hair wigs give you comfort by knowing that you are really wearing real hair. As mentioned above, human hair can be mixed with real animal hair to form a hybrid. This type of wig comes with a set of pros and cons as shown below;


– Folding can be done to your liking. You can dye, curl and style just like your real hair. So you need a good stylist to make your human hair wig look great

– Due to the versatility of the texture you can get a wig that is very close to the texture of your natural hair

– These wigs often last longer than their synthetic counterparts. A person who wears such a wig daily can enjoy the service for a year or more

– These wigs look and feel natural and it can improve your overall look and confidence


– They are often more expensive

– Maintaining them can be even more expensive, as well as maintaining your real hair

– Wigs and styles in them do not withstand the elements and, of course, will react, becoming dry and tangled

– They fade faster and are more fragile to heat and styling tools

– They will take work and time to put on – in addition, they are usually heavier than synthetic wigs

How to choose the best type of wig to buy?

When it comes to wigs, there is no single size or type that would suit everyone. You buy what suits your needs. The following factors will determine whether you buy a human hair wig or a synthetic hair wig. Keep in mind that there are wigs made of synthetic hair that are safe to heat.

1. How much are you willing to spend?

If you are pennies, then synthetic wigs are made for you. They are not only more affordable but also of excellent quality and look very natural. If you do not mind digging into your pocket, then you can choose a wig made of human hair.

2. What are your preferences in hairstyle?

If you are one of those people who thrive by changing the look of your hair every other day, you need versatile wigs that can be removed to your liking. Due to this, wigs made of human hair are flexible and can be colored, thermal and curled to achieve the desired look. If you choose synthetic wigs that are heat-friendly, this is a good option; however, thanks to stacking, they last no more than 4 months.

3. Do you wear a wig daily?

Wearing a wig daily will expose it to elements regardless of type. So you need a wig that lasts longer and is more durable. To this end, a human hair wig can really help you. You can wear it for up to a year. You can also choose synthetic wigs that are more comfortable for your pocket. Investing in two or three can help you extend the life of each wig. It can also give you style options to break the monotony.

A guide to buy a wig that is perfect

Once you get a general idea of ​​what type of wig you want, it’s time to consider the details. Factors such as head size, cap type, color and style will matter.

– How to determine the size of the head for the perfect wig approach

Wigs should fit perfectly and just like your clothes and shoes, you should know your size. In general, there are three sizes of wigs; small, medium and large. Most women fall under the middle cap of the head. To this end, the market has many style options in this regard. The next popular category of wig sizes is miniature ones, where women wear smaller wigs. Few women wear oversized caps. Use a tape measure to determine the circumference of the head from the forehead and around the hairline. You can also use a flexible fabric to define the measurement. If your head circumference is 20.5 to 21.5 inches, you are small in size. 21.5 to 22.5 inches will indicate the average cap or head size. The large cap drops 22.5 to 23.5 inches. Many wigs come with adjustable straps to help you optimize accordingly.

– Consider the type of hat for the perfect wig

Types of hats play a role in improving the appearance of the wig as a whole. There are four main types, as shown below;

1. Classic wigs without a hat – they are without a hat and allow hair to breathe better. They have weft rows of hair sewn together.

2. Wigs with monofilament cap – Hair is placed on a transparent mesh cap separately. It gives a gorgeous natural look. They are more expensive than classic wigs.

3. Wigs associated with a hand cap – This is an upgrade of a wig with monofilament. It has a design tied by hand where the hair is conquered on a lace fabric for an even better natural look.

4. Lace front wigs – with the help of lace fronts all of the above types of wigs can be improved. The hair is sown on very thin laces around the hairline. This way, your wig can be distracted to get a very natural look.

– Choose your favorite wig style

Short hairstyles for chin length, medium length and long hairstyles, there are different styles of wigs to choose from. Be creative and choose what you like best. After choosing the desired style, consider the colors available for a particular product. Again, this is a chance to do what works for you. Some style experts may recommend certain colors and styles of wigs for your head, but in fact you should use your personal taste to get what you want most. If you prefer expert opinion on head shapes and best styling techniques, the following guide is for you.

How to choose the perfect wig for your face shape

There are seven basic forms of personality. All people will have unique shapes, but these are common shapes to help you choose the most beautiful wig.

1. Oval face shape

It is a longer face with a narrow jaw compared to the cheekbones. Most elements of the form are proportional. To this end, this form can accommodate any wigs and hairstyles.

2. Round face shape

Features of this face include a round hairline and a round chin. The widest part of the face will be the cheeks and ears. The best styles for this face shape include short wigs or wigs that are slightly longer than the chin. Adding fullness and height to the top is the key to getting a great look.

3. Square face shape

This face has a very strong square jaw line and a square hair line. Wavy wigs, which add softening and roundness, go very well with this face shape. Layers are great, adding height to the top. Curls and waves will add symmetry, improving your overall look.

4. Rectangular or oblong face shape

It is a longer face without much width. He may have a very high forehead and a narrow chin. Short and medium length wigs will shorten the length of the face. Side pieces and layers are great for improving your look. With fuller sides the width of your face will be added.

5. The shape of the heart face

This shape will feature wide cheekbones and a forehead with a narrow jaw line. The chin will often be small and soft. Some of the most suitable wig styles include side parting styles, chin lengths and other longer styles. The idea is to soften and narrow the chin by reaching balance with the visible cheekbones.

6. Diamond face shape

This face is considered the place between the oval and the heart shape. It has a narrow forehead and jaw line. The good thing about this shape is that it can take off most wig styles. Experiment with what looks best on you.

7. Pear face shape

This face has a round chin, narrow forehead and wide jaw. Styles that minimize the jaw line are great. Hair adjacent to the forehead and temples can create an oval shape. Very long and full styles will add jaw width and you can avoid these wig styles.