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Supercharge your summer: Tackle inflation with investor loans
As the summer sun blazes, so does the ongoing battle against inflation. Rising prices are causing financial stress for many, but savvy investors are turning to a powerful weapon in their arsenal: investor loans also known as margin loans. This unique financial tool allows you to use your government bonds, shares and other investments as security against a loan. Let’s look at some of the ways you can get ahead by opting for a low interest investor loan.
Forget the past
ActivTrades
The international stock markets have experienced an up-and-down week. In the US, the rise in producer prices was spoiling investors’ buying mood at the end of last week and the Dow Jones Industrial Average (DJIA) was falling. The German benchmark index, DAX, reached a new record high on Friday and left trading with slight gains.
PM dismisses fears GBPA battle will ruin investment
The Prime Minister yesterday dismissed concerns that the escalating battle with the Grand Bahama Port Authority (GBPA) over the Government’s $357m payment demand will ruin investor confidence.
Retail savings bond in ‘final approval stages’
The Central Bank is “committed” to launching a product designed to foster a greater “savings culture” among Bahamians before year-end 2023, its governor affirmed yesterday, with approvals “in the final stages”.
GB entrepreneur to crowd fund entertainment centre
A Grand Bahama entrepreneur will formally announce his bid to crowd-fund the development of an entertainment centre on February 3.
Tax environment ‘worrisome’ for Bahamas-keen investors
A SENIOR accountant yesterday suggested The Bahamas should "pause" to assess whether its tax structure and mooted reforms are making the jurisdiction sufficiently attractive to investors.
ArawakX accounts unfrozen following battle with financier
A Bahamian crowdfunding platform yesterday confirmed multiple accounts it holds with Bank of The Bahamas have been unfrozen after a dispute with one of its founding financiers impacted "probably thousands" of investors for months.
Chamber chief unaware of Freeport investor deterrent
Grand Bahama’s Chamber of Commerce president says he is unaware of investors being deterred from coming to Freeport despite the “rather cumbersome” approvals process.
Central Bank 'agrees' on $232m IMF SDR roll-over
The Central Bank has "agreed to roll over" the $232.3m IMF special drawing rights (SDR) financing it provided to the Government as part of the latter's 2023-2024 borrowing plan, it was revealed yesterday.
‘Historic first’: Dionisio teams with Sir Franklyn
Sir Franklyn Wilson yesterday hailed as an “historic first” the involvement of two former tourism ministers as investors in a project aiming to become “the Bahamian destination of choice for the most discerning” traveller.
Crowd-funder: From $4m to $200m in 14 months
The Bahamas’ first-ever crowd-funding platform purportedly increased in value from just $4.38m to an astonishing $201.75m in just 14 months, it was alleged yesterday, despite accounts revealing a $2.659m “deficit” at end-July 2022.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Rates remain unchanged
ActivTrades
After their recent record run, the international stock markets lacked further momentum at the end of last week. On Friday, investors lacked buying arguments on both sides of the Atlantic and trading was experiencing a lacklustre day all around.
$600m Shipyard project set to boost GB investor confidence
The Grand Bahama Chamber of Commerce’s president yesterday said Grand Bahama Shipyard’s $600m dry dock ground-breaking should boost investor confidence in the island.
‘6,000% important’ ArawakX crowd-fund void filled swiftly
A long-time crowd funding advocate says it is “6,000 percent important” that another platform replace ArawakX if it is wound-up, adding: “The void has to be filled immediately.”
Port Authority ‘game in town’ for Freeport
The Grand Bahama Port Authority (GBPA) remains “the game in town” for all investors seeking to do business in Freeport, the island’s Chamber of Commerce president said yesterday.
No love for sandals
ActivTrades
The day after the IPO (initial public offering), Birkenstock investors are still not happy. The traditional sandal manufacturer experienced a debacle in its eagerly-awaited share offering in New York.
PM dismisses concern GBPA dispute will undermine investor confidence
PRIME Minister Philip “Brave” Davis dismissed concerns that the government’s dispute with the Grand Bahama Port Authority (GBPA) undermines investor confidence and suggested that investors already lacked interest in the island.
Demand worries over Gov’t bond ‘competitive bid’ move
A Bahamas-based investment banker yesterday said “insufficient demand” means the Government is unlikely to lower its domestic debt costs through the launch of competitive bidding for its securities.
ArawakX hit by claim of ‘criminal infraction’
The Bahamas’ first-ever crowd-funding platform has a solvency deficiency of “at least $2.4m”, regulators charged yesterday, while accusing it of “governance irregularities, regulatory breaches and possible criminal infractions”.
