Pimco issues urgent warning about state of commercial real estate market
Plus: Why Wall Street is avoiding pot investments, where to invest $10k today, and become financially better off by not doing this
- Pimco see rough seas ahead for the $3 trillion commercial real estate market. Increased volatility, including a 5% price drop in the year ahead.
- The cannabis industry in the U.S. continues to grow like a weed, but Wall Street remains cautious of wading into investments that are still technically illegal at the federal level. The ‘legal’ pot business is on track to generate $7 billion in sales this year.
- Five arguments for where and how to invest $10,000 right now. Find your comfort zone.
- Become financially better off by not doing any of these 51 things. No. 24: Don’t buy any fund with an expense ratio above 35 basis points.
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