real estate – Basket Village USA http://basketvillageusa.com/ Mon, 18 Apr 2022 17:53:05 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://basketvillageusa.com/wp-content/uploads/2021/03/basketvillageusa-icon-70x70.png real estate – Basket Village USA http://basketvillageusa.com/ 32 32 Bitcoin vs. Gold: what is the best hedge against inflation? https://basketvillageusa.com/bitcoin-vs-gold-what-is-the-best-hedge-against-inflation/ Wed, 16 Mar 2022 04:20:36 +0000 https://basketvillageusa.com/bitcoin-vs-gold-what-is-the-best-hedge-against-inflation/

As inflation rages and hits 40-year highs, investors are looking for anything to mitigate its effects on their portfolios. At times like these, investors often turn to commodities, especially gold, which has a long history as a hedge against inflation. More recently, some traders have touted Bitcoin and other cryptocurrencies as alternative ways to hedge inflation. Is one better than another?

Here’s the bottom line: Gold beats Bitcoin as an inflation hedge for a variety of reasons. In fact, many experts do not consider Bitcoin or other cryptocurrencies as an inflation hedge, at least not yet.

What is an inflation hedge?

A hedge is a kind of investment that offsets something else, but the logic behind a hedge investment can differ depending on what exactly the investor intends to do.

“A hedge can be a correlated but contra position in the movement of an asset price or an uncorrelated entity that provides stability in times of volatility,” says Emily Man, investor at venture capital firm Redpoint Ventures. in the San Francisco Bay Area.

For the first, she says airlines buy oil futures as a way to hedge their future earnings. For the latter definition, Man points to hedge funds that might buy Visa stock but short their competitor Mastercard as a way to isolate specific risks and opportunities that impact the two companies.

Thus, an inflation hedge is an investment that offsets all or part of the effects of inflation. Perhaps hedging increases as inflation rises (offsetting the decline in stocks, for example). Or perhaps the hedge is simply largely inflation-proof as a factor, providing stability to a portfolio.

Does Bitcoin or Gold Better Protect Against Inflation?

When comparing Bitcoin and gold as inflation hedges, experts point to a number of dimensions on which to compare them: their track record, efficiency, ease of access, and other sources of demand for inflation. asset itself.

History as a Hedge Against Inflation – How Bitcoin and Gold Compare

On the question of their history as inflation hedges, there is no doubt that gold has a solid track record, while Bitcoin is barely over a decade old to back itself up.

“Gold has thousands of years of established history as a resolute store of value,” says Fergus Hodgson, Director of Econ Americas, Roving Editor of Gold Newsletter. “Over a long period, this is the safest inflation hedge you can get.”

In contrast, cryptocurrency is a relative newcomer to global asset markets.

“Bitcoin, however, has a 12-year track record so far and is still fully defining its characteristics as a hedge in this modern economy,” says Chris Kline, COO and co-founder of Bitcoin IRA, a company that allows investors individuals to buy cryptocurrencies in a self-directed IRA.

However, Hodgson doubts the long-term viability of the cryptocurrency.

“Its future as a store of value is precarious,” he says. “In my assessment, central bank digital currencies and altcoins will challenge the value proposition of Bitcoin as a medium of exchange.”

The recent move by the Biden administration to regulate cryptocurrency also includes the potential for the creation of a US central bank digital currency.

Effectiveness as an Inflation Hedge – How Bitcoin and Gold Compare

The lack of longevity raises serious questions about Bitcoin’s ability to be an effective inflation hedge. Meanwhile, gold has long demonstrated its ability to act as a hedge, according to many experts.

“There really is no historical data on Bitcoin as an inflation hedge,” says Adam Perlaky, Principal Analyst, World Gold Council. “There has actually been no period of high inflation during Bitcoin’s existence. There is no data to back it up.

Perlaky points out, however, that the lack of data does not mean that Bitcoin could not become an inflation hedge, rather that there is no demonstration of this potential so far.

In contrast, he says that “there is evidence that gold is a hedge against inflation and that is one of the reasons why investors buy gold” and that gold has performed well in periods of high inflation.

In support of Bitcoin, Kline of Bitcion IRA points to the cryptocurrency’s potential to act as a defense against central bank money printing.

“Bitcoin has a finite supply,” he says. “The government has been printing unprecedented amounts of money since 2008, and it’s starting to have an impact on the wider economy. This manipulation cannot be manufactured in the same way since Bitcoin is limited to only 21 million coins, providing an alternative to the fiat money system.

“Now that real estate prices are off the charts and gold is inaccessible to the average American, crypto has become part of that inflationary hedging mix,” Kline says.

But Robert R. Johnson, professor of finance at Creighton University, further emphasizes Bitcoin’s inability to be an inflation hedge.

“You can’t invest in the wide range of cryptocurrencies, you can only speculate,” says Johnson. “There is no rational way to determine the value of Bitcoin or any of the other cryptocurrencies, as one cannot apply the tools of traditional finance to arrive at the intrinsic value (or real value) of assumed asset.”

Ease of Access – How Bitcoin and Gold Compare

Bitcoin and gold are relatively easy to buy and clear, especially since there are ready markets for both. But gold has the edge due to more established ways of trading it.

Gold might be relatively easier to invest in, given the wide range of ways to do so, including buying actual physical gold, buying ETFs that own physical gold, or gold companies , as well as futures contracts. Investors have many ways to get interested in gold, depending on their intention. Many of these ways involve exchange-traded products such as stocks and ETFs, giving investors easy and cost-effective access to their investment.

For those looking to buy physical gold, however, Bitcoin IRA’s Kline warns of the “storage logistics, shipping, and security requirements” that come with this type of gold investment.

Traders can buy Bitcoin through crypto exchanges and now through traditional brokers, if they don’t mind the broker having custody of the cryptocurrency. Those who insist on taking custody of their coins will want to go through an exchange or intermediary that allows this.

Although access to bitcoin is a bit more complex than gold, bitcoin proponents have been pushing to find equally easy ways to buy bitcoin through mediums of exchange such as ETFs. For now, traders can buy Bitcoin futures ETFs, which provide similar exposure to the digital currency.

In terms of costs, Bitcoin can sometimes be cheaper. Traders can pay one-time commissions for owning Bitcoin. In contrast, those who buy gold ETFs may pay no commission, but pay an ongoing expense ratio that is a percentage of the total investment. So if this type of gold investment is held long enough, it could cost more than the Bitcoin commission, depending on the exact cost of this commission. However, frequent trading can drive up commissions quickly.

Other Sources of Bitcoin and Gold Demand

Those looking to use Bitcoin or gold as an inflation hedge should also understand other sources of demand that can support the prices of these assets.

Gold has many use cases including industrial and electronics applications, jewelry, medical applications, and of course it is often purchased by central banks as a store of value.

“Understanding trends in addition to investing is important because the multifaceted nature of demand is a unique attribute of gold and a key reason why it is an effective strategic part of portfolios,” says Perlaky of the World Gold Council.

In contrast, Bitcoin’s usefulness relies entirely on its ability to be exchanged for other things, including traditional currency. So if bitcoin can’t be used to buy things or if people can’t trade it with others who value bitcoin in this way, it’s effectively worthless.

“Bitcoin is a purely speculative asset with limited capacity as a medium of exchange,” says Johnson of Creighton University.

“Bitcoin has enjoyed first-mover advantage among cryptocurrencies, but its use case is weak,” says Hodgson of Econ Americas. “Its intrinsic value was supposed to be its convenience as a medium of exchange, but even proponents are now hesitant to affirm this and try to label it digital gold.”

At the end of the line

While gold may be a better inflation hedge than Bitcoin, could traders at least use Bitcoin as a hedge against a volatile stock market? Even that seems dubious.

“We have historical evidence of how cryptos have performed during systemic market selloffs,” Perlaky says. Crypto behaves more like a risky asset, more like tech stocks or momentum stocks.

This kind of correlation makes Bitcoin a poor hedge for stocks, at least so far.

Learn more:

]]>
Gold as a green investment: 6 things to know https://basketvillageusa.com/gold-as-a-green-investment-6-things-to-know/ Tue, 15 Mar 2022 20:24:29 +0000 https://basketvillageusa.com/gold-as-a-green-investment-6-things-to-know/

As an investor, it is always crucial to take your time in determining an appropriate investment. There is a wide range of assets such as stocks, precious metals, cryptocurrencies and hedge funds. All of these investments have their pros and cons, and the right one will depend on what type of investor you are.

For example, are you a risk taker or a risk averse investor?

One of the best ways to choose the right investment option is to look at its sustainability. Sustainable investing is green, which means it is environmentally friendly and will protect your money in uncertain market conditions. One such type of green investment is gold, as it has many characteristics that prove its durability and greenness.

Here are some of the things to know about gold as a green investment:

1. Gold IRA is sustainable

Preparing for your retirement is one of the most crucial investment decisions. This will ensure that while you are no longer employed, you still have a source of income.

Investing in a Gold IRA is an option that can help you invest your retirement funds sustainably while spreading the risk of your portfolio.

A gold IRA is considered a green investment because you won’t need any fossil fuels or electricity to maintain its value once you invest in it. All you need to do is make sure they are stored safely. Alternatively, you can invest in a Gold IRA company that also offers storage solutions. When investing, you need to find a trustworthy IRA investment company to protect you against losing your money, even in a volatile economy. You can read reviews like this Advantage Gold IRA Review to see how reputable they are in gold investments before investing with them.

2. It is durable and can be transmitted

Gold can be passed on to future generations without losing value. You can pass down your jewelry or gold coins to your children or grandchildren without worrying that they are worth what they are worth today. Plus, gold is corrosion resistant, so you don’t have to worry about using energy or destroying the environment to retain its value or shape.

Those who inherit the gold will also not have to worry about refining it, as it will retain its value no matter how long it is stored. Even if gold is made into different forms, such as coins or bullion, it will retain its value, making it a long-lasting investment.

3. Gold is recyclable and environmentally friendly

Gold is one of the most recyclable materials on earth. In fact, almost all gold ever mined is still in circulation in some form, such as coins and jewelry. Indeed, it is very resistant to corrosion and does not react with other elements. It can be recycled indefinitely without deteriorating. About a third of new jewelry is made from recycled gold.

Additionally, the mining industry has made great strides in reducing emissions over the past few decades. Innovative technology has enabled gold mining companies to reduce their carbon footprint by almost 30% over the past ten years. In fact, according to one report, five major gold mining companies have reduced their CO2 emissions by 35%. Mining operations use water, but that water is not wasted! The gold refining process uses around 95-98%.

4. Gold will diversify your portfolio

One of the savviest characteristics of investing is to diversify your portfolio to help spread risk. Gold has an inverse relationship with most other assets and is considered a safe haven in times of economic hardship. The more diversified your portfolio, the less risk you have in a single investment. Because gold is uncorrelated to stocks, bonds or real estate, it can help reduce the risk of holding just one type of investment – a strategy known as “putting it all together”. her eggs in one basket”.

Suppose you have too much of one asset class in your investment portfolio. In this case, gold can help balance this out by providing an alternative negatively correlated asset class to stocks and bonds. Gold will increase the average return of your long-term investments.

5. Inflation hedge

For investors, gold has long been a safe haven. As the value of other stocks and bonds fall, the price of gold tends to rise, making it a strong hedge against inflation and an appropriate alternative investment in times of economic downturn.

Additionally, the price of gold tends to rise when fiat currencies begin to lose value. While many factors can drive up the price of gold, including supply and demand and market speculation, a general rule of thumb is that when paper money starts to lose value, more people will invest. in gold.

Gold also has intrinsic value and people associate it with a higher class investment. Therefore, its price has followed an average upward trend for many years, which makes it difficult to be negatively affected by inflation.

6. He has many ways to invest

Instead of investing in physical gold, you can buy shares of companies that mine it. It is a more liquid investment than physical gold because the shares can be bought and sold like any other stock on major exchanges. But it’s also much more risky because mining companies are subject to factors beyond their control, namely how much profit they can make from every ounce of gold they extract from the ground.

Additionally, you can invest in gold mutual funds and exchange-traded funds (ETFs). These are baskets of mining stocks that offer broad exposure to the whole industry (mutual funds) or to a particular sector (ETF). Both tend to be index-based rather than actively managed portfolios, hence low operating expenses.

So if you are concerned about investing in physical gold or the impact it may have on the environment, you can try these alternative investment options.

Conclusion

As discussed in this article, gold is a sought-after investment due to its perceived safety. But it could also be very durable.

As the world becomes increasingly aware of carbon emissions and resource scarcity issues, gold can only increase in value over time because gold is sustainable and can help the environment.

]]>
Metal Corner Screens Market Expected to See Explosive Growth by 2029 https://basketvillageusa.com/metal-corner-screens-market-expected-to-see-explosive-growth-by-2029/ Tue, 01 Mar 2022 20:35:58 +0000 https://basketvillageusa.com/metal-corner-screens-market-expected-to-see-explosive-growth-by-2029/

the Corner Metal Screens Market The research report is a competent and top-down research by specialists on the current state of the industry. This statistical survey report provides the latest industry insights and future industry patterns, allowing you to single out items and end customers driving development and revenue benefits. The report presents an overview of the market with the production of cost, shipping, application, volume of use and arrangement.

Get the sample PDF copy (including full TOC, charts and tables) of this report @: https://www.a2zmarketresearch.com/sample-request/365391

Some of the top companies influencing this market include:

TOYO SCREEN KOGYO CO, HEIN, LEHMANN, Atlas Wedge Wire, Concord Screen, Wedge Tech, Carbis Filtration, Hendrick Screen Company, Progress Eco, Aqseptence Group, Ando Screen, Gap Technology, Costacurta SpA, Steinhaus GmbH, International Screen Supplies, Trislot NV , ANDRITZ Euroslot, AMACS, Optima International.

The research report on Wedge Wire Screen offers significant insights about the business direction early on including some stable techniques crafted by perceptible market pioneers to develop a solid position and development in the business. Moreover, significant areas of the Corner Wire Screen Market are also assessed on the basis of their performance. It focuses on the real drivers and restraints for key players and presents the state of the challenge with development prospects. Moreover, the report displays the potential opportunities in the Wedge Wire Screen market and also presents the effect of different elements hindering or stimulating the analysis of the market.

Market segmentation analysis

The market is segmented on the basis of product, type, end users, and application. Segmentation is considered to be the most vital part of the report which helps the reader to understand the market accurately.

Market Segmentation: By Type

Plate, cylinders, baskets, sieve bend

Market Segmentation: By Application

Water Treatment, Food & Beverage, Pulp & Paper, Mining & Mineral, Chemical & Petrochemical

Reasons to Buy Report

  • The report offers an in-depth analysis of the market by providing definition, application and classifications
  • SWOT analysis and strategies of each vendor in the market are provided in the report
  • The offers comprehensive information on current industry trends, trend forecasts and growth drivers.
  • The report provides a detailed overview of the vendor landscape, competition analysis, and key market strategies to win a competitive landscape.

Get up to 30% off the first purchase of this report @: https://www.a2zmarketresearch.com/discount/365391

Geographic segmentation

North America

South America

Asia and the Pacific

Middle East and Africa

Europe

The key questions answered by this report:

  • What will be the market size and growth rate during the forecast year?
  • What are the key factors driving the Corner Wire Screen market?
  • What are the risks and challenges facing the market?
  • Who are the key vendors in the Corner Wire Screen Market?
  • What are the trending factors influencing market share?
  • What are the main results of Porter’s five forces model?
  • What are the global opportunities for expanding the Wedge Wire Screen market?

Contents

Global Corner Wire Screens Market Research Report 2022-2029

Chapter 1 Corner Wire Screens Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 – Global Corner Wire Screens Market Forecast

Buy an exclusive report: https://www.a2zmarketresearch.com/checkout

If you have any special requirements, please let us know and we will offer you the report you want.

About A2Z Market Research:

The A2Z Market Research Library provides market research syndication reports from around the world. Buy-ready syndication Market research will help you find the most relevant business intelligence.

Our research analyst provides business insights and market research reports for large and small businesses.

The company helps its clients to develop business policies and grow in this market. A2Z Market Research is interested not only in industry reports dealing with telecommunications, healthcare, pharmaceuticals, financial services, energy, technology, real estate, logistics, F&B , media, etc., but also your company data, country profiles, trends, information. and analysis on the sector that interests you.

Contact us:

Roger Smith

1887 WHITNEY MESA DR HENDERSON, NV 89014

sales@a2zmarketresearch.com

+1 775 237 4147

]]>
Sharpen up on HYIN for alternative income https://basketvillageusa.com/sharpen-up-on-hyin-for-alternative-income/ Fri, 18 Feb 2022 21:56:41 +0000 https://basketvillageusa.com/sharpen-up-on-hyin-for-alternative-income/

OEven though the Federal Reserve is expected to raise interest rates soon, these rates are still low by historical standards, and even when the rate hikes arrive, government bond yields will remain low in absolute terms.

In other words, advisors are always striving to generate income for income-starved clients. With this in mind, now is a good time to consider other sources of income – an approach available in broad form through the WisdomTree Alternative Income Fund (HYIN).

HYIN, which tracks the Gapstow Liquid Alternative Credit Index, debuted last May and is a yield enthusiast’s dream come true, as highlighted by a jaw-dropping 30-day SEC yield of 8.66 %, according to transmitter data. The cornerstone of HYIN’s revenue-generating capabilities is what is known as the alternative. For investors unfamiliar with this concept, it is easy to understand.

“These are debt-based instruments with a higher yield and/or expected return than higher-quality fixed-income securities,” says WisdomTree head of fixed income strategy Kevin Flanagan. “It includes a range of securities across a broad universe of borrower segments, such as household, corporate and commercial real estate. The three main segments of alternative credit are business development companies (BDCs), on credit closed-end fund (CEF) and mortgage real estate investment trusts (REITs).”

HYIN’s lineup currently consists of 35 BDCs, closed-end funds and mREITs, with weightings ranging from 2.49% to 3.18%.

“BDCs lend to small and medium-sized businesses and typically invest in senior secured floating rate senior loans that are issued to private companies. CEFs are pooled investment vehicles that invest in high yield bonds, heavily syndicated leveraged loans, secured loan obligations, residential and commercial loans mortgage-backed securities (MBS) and certain private credit assets,” adds Flanagan.

Specific to BDCs, this asset class could prove fruitful for HYIN investors as interest rates rise, as the bulk of lending by these companies is in the form of floating rate notes (FRNs). ), a corner of the bond market that benefits when rates rise. .

As for HYIN’s real estate exposure, that too is potentially useful in the current environment, as REITs have pricing power, making the asset class a favored inflation-fighting vehicle. It should be noted that alternative credit can be more volatile than traditional income-generating assets, but as HYIN shows, investors are compensated for this risk with a high return.

“In this environment of impending Fed rate hikes, a hike inflation and historically low interest rates, investors face a conundrum when looking for yield. Investors can consider HYIN as a solution on this front to serve as a complement to their current asset allocations,” concludes Flanagan.

For more news, insights and strategy visit the Modern Alpha Channel.

Learn more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

]]>
New Victoria Falls stock exchange aims to revitalize Zim economy https://basketvillageusa.com/new-victoria-falls-stock-exchange-aims-to-revitalize-zim-economy/ Sun, 13 Feb 2022 22:01:09 +0000 https://basketvillageusa.com/new-victoria-falls-stock-exchange-aims-to-revitalize-zim-economy/

Officially launched in December 2021, the Victoria Falls Stock Exchange (VFEX) is the first stock exchange in the subcontinent to trade exclusively in US dollars.

So far it has just four listings – three miners and an agricultural processing company – but the pipeline of upcoming listings is growing week by week, says the exchange’s CEO Justin Bgoni.

“Our goal is to have 10 listings by the end of this year, and we believe South African companies would benefit from listing on VFEX, particularly because we trade exclusively in US dollars.

“It is an undeniable fact that African countries are handicapped by weak national currencies, and this is something we set out to address.”

Read: Zimbabwe’s largest bank to list on Victoria Falls Stock Exchange

VFEX currently falls under the Zimbabwe Stock Exchange (ZSE), which trades solely on the rapidly depreciating Zimbabwean dollar. This makes it unattractive for ZSE-listed companies to raise capital, which is one of the main purposes of the exchange, Bgoni says.

After adopting hard currencies like the US dollar and rand for several years, the Zimbabwean dollar was reintroduced by the government in 2019 at parity with the US dollar, but now trades at 115 Zimbabwean dollars for a greenback, and the double on the black market, according to Bloomberg.

Additionally, several ZSE-listed companies, such as Old Mutual, PPC and Seedco International, have been suspended over allegations that they are being used as a means to funnel funds out of the country.

Read:
Zimbabwe to list bond on local stock exchange for first time in 20 years
Old Mutual to move listing to Zimbabwe
Zimbabwe’s ruling party wants Old Mutual delisted

Although the government says there is no evidence that the companies themselves were involved in this practice, investors could have purchased these fully fungible shares on the ZSE and cashed them on other exchanges on which they are listed. listed.

Old Mutual, which was listed in London a few years ago, is currently listed on the Johannesburg Stock Exchange (JSE) as well as in Botswana and Namibia. PPC is listed on the Botswana Stock Exchange and the JSE. These companies have released statements saying they are working with authorities to resolve the situation that gave rise to the suspensions.

One of the suspended companies, Seedco International, has since transferred its listing to VFEX.

“The problem we had on the ZSE is that companies are not raising funds through new equity issues because of the currency issue. If you launch new shares, you can only do so in Zimbabwean dollars, and when as a foreign investor you sell those shares, you must convert the local currency into US dollars through central bank auctions. “says Bgoni.

“It’s very bureaucratic and there’s a limit to the amount of foreign currency available.”

Fiscal advantages

Listing on VFEX versus ZSE has certain tax advantages: 5% withholding tax on dividends (compared to 10% on ZSE) and exemption from withholding tax on capital gains (1 .5-2% on the ZSE).

The capital raised by a company listed on the VFEX can be held in an approved local or offshore account with an internationally recognized banking institution.

The latest listing on the VFEX is Caledonia Mining Corporation, which raised nearly $8 million last December exclusively from Zimbabwean investors.

Bgoni is encouraged that the capital raise has been oversubscribed, demonstrating that there is a pent up appetite in Zimbabwe for quality listed investments.

VFEX offers companies the ability to list different securities such as debt, stocks, exchange-traded funds (ETFs) and real estate investment trusts (Reits).

Read: SA Reits: performance, trends and outlook

“ETFs and Reits are particularly attractive to Zimbabweans, who find it difficult to invest in offshore assets. We also see huge opportunities for the listing of mining companies that have operations in Zimbabwe and are struggling to gain full access to revenue generated from mining,” Bgoni said.

“We overcame this issue on VFEX, as miners now have 100% access to hard currency revenue generated from incremental commodity sales.”

Among the companies in discussion with the exchange are several miners seeking a dual or secondary listing.

Revitalize the economy

Bgoni sees the newly launched VFEX playing a crucial role in revitalizing the struggling Zimbabwean economy.

A chartered accountant who spent 10 years in Johannesburg before moving to New Zealand, Bgoni was drawn to his native country by the prospect of launching the new stock exchange and spearheading an ambitious project to change the country’s economic trajectory.

Read:
Another wave of radiation hits JSE
The sounds of Zimbabwe
UAE and Zimbabwe sign pact that could see Victoria Falls gold market

About a million people visit Victoria Falls each year, although this figure has dropped due to Covid. The region is largely immune to currency issues in other parts of the country due to the volume of US dollars generated by tourism.

Victoria Falls has also been designated a Special Economic Zone (SEZ) and International Financial Center, with plans to confer city status on the municipality.

This is all part of wider plans to reposition Victoria Falls, not just as a major tourist destination, but as a new financial center in Zimbabwe, similar to that of Mauritius.

Approved SEZ investors pay 0% tax for the first five years and 25% thereafter, with various tax breaks and allowances for foreign investment in certain segments.

This is part of the new town of Batoka, a key part of the Zimbabwean government’s drive to guide development in Matabeleland North, particularly the Victoria Falls-Hwange-Binga corridor.

Bgoni says there are many good reasons for African companies, including those from South Africa, to explore a listing on the VFEX.

“It’s one of the most beautiful places in the world to start. You can raise capital in hard currency, you get tax benefits, and I think we’ve solved a lot of the problems that South African companies are facing in the region, by making it easier to access the capital they need need to operate and keeping the revenue they produce without having to go through central bank auctions.

]]>
3 reasons why cryptocurrencies are a long-term investor… https://basketvillageusa.com/3-reasons-why-cryptocurrencies-are-a-long-term-investor/ Sun, 13 Feb 2022 18:41:09 +0000 https://basketvillageusa.com/3-reasons-why-cryptocurrencies-are-a-long-term-investor/

With Bitcoin and with the cryptocurrency market growing at over 150% annually, it’s easy to see why long-term investors are getting more involved in this new asset class.

But how do we know that cryptocurrencies are a good long-term investment?

Just ask yourself these 3 questions:

  1. Is there massive adoption and growth?
  2. Does it hold up in uncertain markets?
  3. Does it solve a big problem that creates value?

Once you have checked these boxes, all you have to do is invest in the cryptocurrency itself or in a diverse basket of cryptocurrencies that provide exposure to the specific growth area you find.

Then all you have to do is hold on to the investment you made for the long term.

So let’s go ahead and answer the 3 questions above.

1. Are cryptocurrencies seeing adoption and growth?

Technically, cryptocurrencies are the fastest growing technology in human history. It is actually growing faster than the Internet.

The cryptocurrency user base is growing at over +100% per year – well ahead of the adoption rate the internet saw in the 1990s and early 2000s, which was around +67% per year, as you can see below.

We are living in a remarkable time in human history with the evolution of money, banking and financial services at lightning speed.

You must be wondering, isn’t this opportunity too important to miss??

How can you take advantage of this growth and invest in it?

In 2021, more than 300 million people used crypto worldwide. By 2024, the cryptocurrency will still reach 1 billion users, even with a growth rate that is only 80% of the current rate. . This means that one in eight people will interact with or use crypto in some way.

It’s not just a trend, it’s a long-term financial solution.

There are easy and effortless ways to invest in commodities. Revix is a Cape Town-based crypto investment platform, backed by Sabvest, listed on the JSE. It prides itself on being the easiest way to instantly buy a diverse set of crypto assets by industry or a single low-cost cryptocurrency. the Revix Top 10 Setallows you to instantly invest in the entire crypto market through a single investment vehicle – think of it like the S&P 5000 but for crypto.

the Top 10 packs offers equal weighted exposure to the top 10 cryptocurrencies which account for over 75% of the crypto market.

2. What is the impact of changing economic conditions on the future of my investment?

We’re all familiar with the term “interest rates” and have seen the news of rising interest rates flooding our screens over the past few months.

But what does this mean for your investments?

When interest rates rise, two things happen:

  1. The cost of borrowing is rising
  2. The money supply in circulation is decreasing

The idea is that if money is more expensive to borrow, fewer people will spend their money because they have an incentive to save with higher interest on their savings account. According to the theory, stock markets tend to fall as analysts and wealth managers begin to price in rising borrowing costs and falling demand.

However, cryptocurrencies seem to be reversing the trend.

In the chart above, we can see that the US Central Bank raised interest rates 7 times between 2016 and 2018. Yet, if you stayed invested in Bitcoin, you would have received a return of +740% at one point. where many expected it to drop.

Crypto’s Long-Term Resilience Against Interest Rate Hikes

In the long term, it becomes clear that changes in interest rates, both up and down, have had only a limited impact on the price of cryptocurrencies. This is likely due to investors’ continued belief in the ability of this emerging asset class to be a store of value and/or deliver value through use cases.

Given that the market has forecast 4-5 interest rate hikes from March 2022, why wouldn’t you want to hold an asset class that historically appears to be rising during this time?

Investing in the cryptocurrency market as a whole has proven to be the best way to stay invested for the long term. You can invest in a diverse set that tracks the crypto market with the click of a button through the Revix Top 10 Set.

3. Do cryptocurrencies solve a problem and create value?

In simple terms, yes.

It is an asset class that solves a multitude of problems, financial and non-financial, that are currently plaguing the world.

Here is a list of some of the main problems that we find that crypto solves:

1. Sending money abroad:

This market is believed to be as important as $1,000,000 and costs many people around 7%-15% to send money home.

Solution:

Payment targeted cryptocurrencies enable the transfer of money at a fraction of the cost and at near instantaneous speeds.

How to invest:

You can find a payment-oriented ready-to-use crypto bundle offered by the crypto platform Revix. This bundle is an index-based offering that provides equally weighted exposure to the top 5 payments-focused cryptocurrencies that seek to make payments cheaper, faster, and more global.

2. High inflation and currency devaluation:

We have all been subjected for too long to money printing and the weakening of our purchasing power by high inflation.

Solution:

Bitcoin and many other cryptocurrencies solve this problem by programming a fixed supply and a decreasing rate of inflation.

How to invest:

Revix offers an easy-to-use platform that allows you to purchase Bitcoin at the click of a button.

3. Tokenization:

Due to the devaluation of your currency and inflation, many investments/assets are too expensive these days to buy outright. Many people cannot afford expensive investments, such as real estate.

Solution:

Tokenization can help people buy part of a house to keep as an investment.

How to invest:

The Smart Contract crypto industry is the backbone of tokenization. If you want to invest in Smart Contract sector using a low-cost, diversified index-based approach, you can purchase Revix’s smart contract-focused bundle here. Their package also provides weighted exposure to the top 5 cryptocurrencies focused on smart contracts that enable developers to build applications on top of their blockchains.

Do Revix Bundles Really Outperform Single Cryptocurrencies?

Yes, they do this by creating an easy to use product that takes advantage of diversification and monthly rebalancing.

We can see above that Revix Crypto Bundles outperform every major cryptocurrency in its industry.

So why risk it all on a single asset when you can hold a bundle and outperform?

Crypto Bundles allow you to effortlessly own an equally-weighted basket of the world’s largest and, by default, best-performing cryptocurrencies, without having to create and manage a cryptocurrency portfolio yourself. Revix currently offers all three Bundles above, namely the Top 10 packs, payment package and Set of smart contracts. DM/BM

About Revix

Revix brings simplicity, trust and excellent customer service to investing in cryptocurrencies. Its easy-to-use online platform lets you securely own the world’s best cryptocurrencies with just a few clicks. Revix guides new clients through the sign-up process to their first deposit and first investment. Once set up, most customers manage their own wallet but can access support from the Revix team at any time.

Remember that cryptocurrencies are high risk investments. You should not invest more than you can afford to lose, and before investing please consider your level of experience, your investment objectives and seek independent financial advice if necessary.

This article is intended for informational purposes only. The views expressed are opinions and not facts and should not be construed as investment advice or recommendations. This article is not an offer, or the solicitation of an offer, to buy or sell any cryptocurrency.

To find out more visit www.revix.com.

Gallery

]]>
Dynamic asset allocation funds rated 5 stars to bet in 2022 https://basketvillageusa.com/dynamic-asset-allocation-funds-rated-5-stars-to-bet-in-2022/ Sat, 12 Feb 2022 07:27:04 +0000 https://basketvillageusa.com/dynamic-asset-allocation-funds-rated-5-stars-to-bet-in-2022/

Why Invest in Dynamic Asset Allocation Funds

For the month of January 2022, Dynamic Asset Allocation/Balanced Advantage funds in the hybrid category recorded the second highest positive inflow of Rs 2,762.95 Cr. Dynamic Asset Allocation funds recorded Rs 1,73,958.68 Cr as net assets under management and Rs 1,74,985.91 Cr as average net assets under management for the month of January 2022. These data according to the Association of Mutual Funds in India (AMFI) clearly indicate that the appetite for the underlying assets tends to increase during periods of market instability.

Depending on how the market moves, the fund managers of this fund dynamically increase or decrease the equity allocation. Simply put, when markets are fair, the fund manager increases equity exposure and decreases debt exposure. When markets are overvalued, the fund manager reduces equity exposure and increases debt exposure.

Therefore, the fund can offer you long-term growth potential while reducing your risk from debt exposure. The fund’s equity investments help you take advantage of long-term growth potential, while the fund’s debt investments protect your portfolio from falling stock prices.

Following extreme stock market crashes resulting in higher stock readings, this method significantly protects you from negative downside by providing you with risk-adjusted returns. This fund allows you to diversify your portfolio for better returns against inflation by not putting all your eggs in one basket.

Dynamic asset allocation funds are not too volatile as they invest in multiple asset classes such as equities, debt, equity derivatives, real estate, etc., reducing the influence of turbulence of the market. Here are two dynamic asset allocation funds rated 5 stars by Value Research based on your lower risk appetite and medium to long-term goals.

Baroda Dynamic Equity Fund Direct Growth

Baroda Dynamic Equity Fund Direct Growth

Value Research gave this Dynamic Asset Allocation mutual fund program a 5-star rating and it launched on November 14, 2018. According to Groww, Baroda Dynamic Equity Fund Direct-Growth’s recent 1-year returns are 12 .25% and it has provided average annual returns of 17.46% since inception.

The equity segment of the fund is primarily invested in the financials, technology, energy, healthcare and consumer staples sectors. The top five holdings in the fund are GOI, Infosys Ltd., Reliance Industries Ltd., ICICI Bank Ltd. and Sun Pharmaceutical Inds. ltd. The fund now has a 43.3% allocation to equities and a 28.20% exposure to debt.

The fund has an expense ratio of 0.77%, and Baroda Dynamic Equity Fund Direct-Growth has Rs 1,903.43 Crores in Assets Under Management (AUM) as of February 12, 2022, and the net asset value of the fund is Rs 16.86 as of February 11, 2022.

According to ET, the fund’s 1-year rolling returns are 19.8%, 18.39% over 3 years and 18.58% over 5 years and the fund’s class returns are 18.18% over 1 year, 11.17% over 3 years, 9.52% over 5 years. year. The SIP in this fund can be started from Rs 500 per month.

Edelweiss Direct Growth Balanced Advantage Fund

Edelweiss Direct Growth Balanced Advantage Fund

This dynamic asset allocation mutual fund program received a 5-star rating from Value Research and was founded on January 1, 2013. The Edelweiss Balanced Advantage Fund’s direct growth returns over the year last are 13.56% and, since its inception, it has generated an average annual return of 13.20% according to Groww.

The fund’s equity allocation is primarily committed to the financials, technology, energy, consumer staples and automotive sectors. HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., GOI, Infosys Ltd. are the top 5 holdings of the fund. The fund now has a 59.9% allocation to equities and a 20.9% allocation to debt, and it has an expense ratio of 0.45%, which is lower than most other funds in the industry. same category.

The current net asset value of the Edelweiss Balanced Advantage Fund – Direct Plan is Rs 39.1 as of February 11, 2022, and the fund currently has assets under management of Rs 7,353 Crores as of February 12, 2022.

According to ET, the fund’s one-year rolling returns are 24.93%, 17.62% over three years, 15.52% over five years and 13.32% since inception. The minimum amount of SIP is capped at Rs 500 in this fund.

Warning

Warning

Opinions and investment advice expressed by the authors or employees of Greynium Information Technologies should not be construed as investment advice to buy or sell stocks, gold, currencies or other commodities. . Investors should certainly not make any trading and investment decision based solely on the information discussed on GoodReturns.in We are not a qualified financial adviser and the information contained herein does not constitute investment advice . It is informational in nature. All readers and investors should note that neither Greynium nor the author of the articles would be responsible for any decision made based on these articles. Please consult a professional advisor. Greynium Information Technologies Pvt Ltd, its affiliates, associates and authors accept no liability for loss and/or damage resulting from the information contained in GoodReturns.in

]]>
🌱 Arrest of a suspected bank robber + End of Vax-Or-Mask’s mandate inside https://basketvillageusa.com/%f0%9f%8c%b1-arrest-of-a-suspected-bank-robber-end-of-vax-or-masks-mandate-inside/ Thu, 10 Feb 2022 03:14:00 +0000 https://basketvillageusa.com/%f0%9f%8c%b1-arrest-of-a-suspected-bank-robber-end-of-vax-or-masks-mandate-inside/

Happy Thursday, Woonsocket, and happy national umbrella day! Let’s keep up to date with what’s happening locally to start today on an informed note.

Has been $1,000 is worth an arrest? As well, governor terminates vax-or-mask’s tenure inside. Finally, a man will serve a sentence for setting fire to a sofa.


First, today’s weather forecast:

Costs; a morning shower. Top: 49 Bottom: 29.


Here are the top five stories from today at Woonsocket:

  1. A suspected bank robber was arrested on Friday. The individual submitted a IR Bank cashier a note. The cashier then returned $1,000. Surveillance has shown that the individual, who has a distinctive tattoowas heading towards the Holiday Inn Express sur Fortin. Residents of this location recognized the individual and gave police the room number. The PD found the suspected bank robber “hiding in the bedroom shower”. (Call Woonsocket)
  2. Governor Dan McKee announced Wednesday that the state will “remove its indoor vax or mask mandate later this week and end the mask mandate for schools next month.” the the executive order requiring proof of vaccination will expire on Friday. the the term of the school mask will end on March 4. However, it gave school districts the power “to set their own mask policies.” (WPRI)
  3. We learned on Wednesday that a 31-year-old man from Woonsocket was “sentenced to 10 years at AIT with five to serve, and the remainder suspended on probation”. He did not contest first degree arson. The case dates back to February 2020, when he set fire to a sofa in his girlfriend’s apartment. There were three children at home; everyone got out safe and sound. (WPRI)
  4. do you buy Batch ice cream at “market baskets in Massachusetts, Big Y stores in Massachusetts and Connecticut, and Roach Brothers Markets in Massachusetts?” The Rhode Island Department of Health announced Wednesday that Royal Ice Cream Company is recalling specific lots because processing equipment tested positive for Listeria monocytogenes. Check your 16 oz pints which are coded with the date of manufacture as 1/19/22 and Best By: 7/19/23, found at the bottom of the cup. UPC Vanilla – 837654968505; Ginger – 83765496856; Mocha – 83765496853 .” (In the whole world)
  5. Pizza strips are one thing, but who sells the best? A blind taste test identified Palmieri Bakery in Johnston as having the best taste. Unfortunately, there were no suitors in Woonsocket. (Rhode Island Monthly)

From our sponsor:

Hey Woonsocket, are you looking at buy a house, refinance or just explore your options? To verify the new Patch mortgage center for all your real estate financing needs!

  • the American Legion Post 85 announcement today 3 p.m. “Rally at the RI State House in the Rotunda. The purpose of the rally is to support the Governor’s proposal to exempt military pensions and survivors’ annuities from state income tax.”

More from our sponsors – please support the local news!

Events:


Do you like the Woonsocket Daily? Here are all the ways you can get more involved:


You’re all caught up for today. See you tomorrow morning for another update!

Sylvia Cochran

About Me: Sylvia Cochran has been working in sunny Southern California and writing freelance full-time since 2005. Loves dogs, cats, books, plays Best Fiends (don’t judge), embraces social justice and try to live Micah 6:8.

]]>
Accenture will lead the systems integration charge, and companies like Amazon, Dell, HPE and IBM will lead BaaS and cloud computing. https://basketvillageusa.com/accenture-will-lead-the-systems-integration-charge-and-companies-like-amazon-dell-hpe-and-ibm-will-lead-baas-and-cloud-computing/ Wed, 09 Feb 2022 11:45:00 +0000 https://basketvillageusa.com/accenture-will-lead-the-systems-integration-charge-and-companies-like-amazon-dell-hpe-and-ibm-will-lead-baas-and-cloud-computing/

DUBLIN, February 9, 2022 /PRNewswire/ — Report “Blockchain Technology Market by Use Case, Business Model, Solutions, Services and Applications in Industry Verticals 2022 – 2027” has been added to from ResearchAndMarkets.com offer.

This report examines the technology, leading companies, and solutions in the evolving blockchain ecosystem. The report assesses current and anticipated blockchain use cases and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical.

The report also assesses key players, solutions, and use cases. The report also assesses the prospect of integrating blockchain with other technologies, including IoT and artificial intelligence. The report includes detailed forecasts by use case, application, and industry verticals from 2022 to 2022.

Block technology provides some means of authentication, authorization and accounting. Blockchain and related distributed authentication and accounting technologies are poised to transform ICT, and they are doing so, driving substantial disintermediation across a wide variety of verticals.

Lessons learned in FinTech and traditional banking from the deployment and operation of decentralized authentication, clearing and settlement will be applied to many telecommunications and IT problems to benefit many verticals of industry. The impact will be far-reaching, ranging from investment/trade to the legal cannabis industry, and very profound in terms of changes in supply chains and relationships between suppliers, customers and peers.

The integration and operation of Blockchain technology will redefine the operation of various industries, greatly improving efficiency and reducing the cost of doing business. For example, start-ups have been launched to provide microchip software and hardware that facilitates the operation of connected devices on the blockchain. The products were designed to encrypt data, distribute information to blockchain-connected machines, and monetize those machines.

An important technology integration area is the Internet of Things (IoT), which is a very promising area as we anticipate the use of Blockchain in IoT networks/systems to be one of the most important ways to authenticate and authorize transactions.

For example, HYPR provides solutions to reduce cybersecurity risks in IoT devices through its decentralized approach to credentials. Their products reduce the need for passwords in a centralized server, replacing them with biometric and other passwordless solutions. This provides IoT devices that are virtually impossible to hack from a social engineering perspective.

Another important area for blockchain in telecommunications is resource identity, including ownership tracking and custody of assets such as phone numbers. Developments in this area can be leveraged to significantly improve enterprise identity verification for voice and non-voice communications with consumers.

We also see Blockchain as a Service (BaaS) as a key service offering for many market segments as a means of introducing solutions and scaling through a cloud services model. For example, AI in supply chain management solutions combined with blockchain technology market solutions to dramatically improve SCM.

Select report results:

  • Distributed ledgers and other blockchain capabilities are growing rapidly outside of finance
  • Blockchain Technology Market to grow at 62.73% CAGR through 2027 to reach $65 billion
  • Substantial blockchain opportunities include data decentralization, data usage control, and encryption
  • Consortium / hybrid blockchain will be the largest North America blockchain technology zone at $7.8 billion by 2027
  • The preponderance of blockchain revenue will come from three types of services: Blockchain-as-a-Service (BaaS), Cloud Computing (hosting and data as a service) and Systems Integration
  • Companies like Accenture will lead the systems integration load and companies like Amazon, Dell, HPE and IBM will lead BaaS and Cloud Computing. Other companies will fill important niche roles.

Blockchain Market Dynamics

Market and technology drivers

  • Blockchain increased within traditional financial institutions
  • Digitization for better service delivery and error prevention
  • Cloud-based service delivery models

Challenges and Opportunities

  • Security issues
  • Regulation and Governance
  • Mergers and Acquisitions

Important Blockchain Consortia and Associations

  • R3cev Blockchain Consortium
  • Post-Trade Distributed Ledger Group
  • Hyperledger Project
  • Global Payments Steering Group
  • Shenzhen Financial Blockchain Consortium
  • Ledger Cu
  • Blockchain Collaborative Consortium
  • Wall Street Blockchain Alliance
  • Japan Blockchain Association
  • Korea Financial Investment Association
  • Nimbrix Consortium
  • B3i

Blockchain Solutions Across Industry Verticals

  • Japan Exchange Group Blockchain Consortium
  • Walmart blockchain for food security
  • Blockchain Ubitquity in real estate
  • HYPR and Blockchain Biometrics
  • Whaleclub Trading backed by Blockchain
  • EasyBit extends the Bitcoin ATM network to Vietnam
  • Blockchain technology as a way to declare love and marriage
  • Bitcoin boosts the solar energy industry
  • LO3 Energy and Siemens Blockchain for Microgrids
  • MasterCard Blockchain API
  • ConsenSys and UAE Partnership for Blockchain Projects
  • People’s Bank of China Digital Currency
  • China suspends bitcoin withdrawals
  • Huiyin Group Bitcoin Fund
  • BitFury and Blockchain Group
  • Reserve Bank of India Blockchain Technology for Business Applications
  • YES Bank to Multi-nodal Blockchain Solution for Bajaj Electricals
  • European Bank Digital Trade Channel
  • The BTL group will test the Interbit platform with energy companies
  • BNP Paribas tests blockchain-based real-time corporate payments
  • WISeKey to Establish an IoT Blockchain Center of Excellence
  • ARK Crew Testnet for Blockchain
  • Transactions based on the ICICI Bank and NBD blockchain
  • PAXOS blockchain for gold settlement with Euroclear
  • Microsoft and BAML Blockchain Improve Trade Finance
  • Mahindra Group’s Blockchain Solution with IBM
  • Chitkara University Blockchain for Electronic Documents
  • UBS extends the blockchain by China
  • Authorized Blockchain Network of IBM China and UnionPay
  • IBM and Beijing Energy-Blockchain Labs use blockchain for carbon trading
  • The European Central Bank and the Central Bank of Japan are exploring blockchain
  • OneCoin Enhanced Blockchain
  • Sompo Japan uses blockchain for disasters and weather derivatives
  • Tech Office and Zaif Bitcoin Exchange
  • Hitachi and BTMU use Blockchain to issue bank checks
  • National digital currency of Senegal
  • Singapore blockchain for electronic payment system
  • Blockchain practice Accenture and Digital Asset Holdings
  • RISE Financial Technologies Post-Trade Blockchain Technology
  • VISA will introduce a blockchain-based solution for payment services
  • Chain Inc. released the Open Source Blockchain Protocol
  • Currencies based on Colu and Blockchain
  • DigitalX partnership with Telefonica
  • Eris Industries partners with Ledger to improve blockchain hardware security
  • Partnership between Monax Industries and Ledger for blockchain hardware security
  • German Central Bank, Deutsche Bundesbank Blockchain Trading Prototype
  • UK Trials Blockchain Welfare Payment System
  • Blockchain Santander for international payments
  • Blockchain Electron Ethereum in the UK energy sector
  • Bank of Russia tests Masterchain
  • GoCoin merges with Ziftr
  • National payment platform in Tunisia
  • Digital asset acquired Elevation
  • Blockchain NASDAQ in the private market with Chain Inc.
  • AlphaPoint Blockchain Tool for Banks

Blockchain Market Case Studies

  • Blockchain Asset Management and Real Estate Case Study
  • Blockchain Case Study for UAE Government
  • Honeywell Aerospace Creates Online Parts Marketplace with Hyperledger Fabric
  • SGX used Amazon Managed Blockchain for an innovative payment solution
  • Zug digital ID case study
  • ING Group: KYC system on Blockchain
  • Streamline Logistics Efficiency with IoT Blockchain
  • Palm Oil Industry Case Study Using Blockchain and IoT

Analysis of blockchain providers

  • 21, Inc.
  • Accenture
  • Abra, Inc.
  • Alphapoint Corporation
  • Amazon
  • Baidu
  • Bitfury Group
  • Blockchain Global Limited
  • BlockCypher, Inc.
  • Block
  • BTL Group (Blockchain Tech Ltd.)
  • Interstellar, Inc.
  • Financial Internet Circle Limited
  • Coinbase
  • Coinfirm Ltd.
  • ConsenSys Systems
  • Credits
  • Dell Technologies
  • Deloitte Touche Tohmatsu
  • Digital asset holdings
  • Digitalx Ltd.
  • DMG Blockchain Solutions
  • Earthport (Visa)
  • Factom inc.
  • Loyalty investments
  • GlobalArena Holding, Inc.
  • resume
  • Holo
  • HyperLedger
  • IBM Corporation
  • Intelygenz
  • IOTA
  • Libra Services, Inc.
  • Linux Foundation
  • Microsoft Corporation
  • Recent development
  • Monax
  • NASDAQ
  • Overstock
  • R3
  • Ripple
  • ShoCard (Ping Identity)
  • TenCent

For more information about this report visit https://www.researchandmarkets.com/r/11guw1

Media Contact:

Research and Markets
Laura Woodsenior
[email protected]

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716

SOURCE Research and Markets

]]>
The American dream could end in nightmare for Israeli tech hopefuls https://basketvillageusa.com/the-american-dream-could-end-in-nightmare-for-israeli-tech-hopefuls/ Mon, 07 Feb 2022 11:52:57 +0000 https://basketvillageusa.com/the-american-dream-could-end-in-nightmare-for-israeli-tech-hopefuls/ The Tel Aviv Stock Exchange (TASE) is the big winner of 2021, at least according to a current TV ad campaign featuring Israeli comedian Adi Ashkenazi who explains that major indices in Israel, which are up more than 30% the last year, outperformed returns on bigger, more important indexes, like the NASDAQ and the S&P 500. But despite this good local news, Israeli companies can’t stop dreaming of becoming big in America. Nayax, which develops payment systems on remote machines and completed the biggest IPO ever by a tech company on the TASE in 2021, announced yesterday that it has submitted a draft prospectus for an IPO to Wall Street. A week ago, cyber company HUB Security, which entered TASE through a merger with an inactive company in June 2021, announced the signing of a memorandum of understanding for an IPO on NASDAQ through a SPAC merger.

The very fact that a company like Nayax, which was the very first Israeli unicorn on TASE, and apparently could have broadcast directly to the US last year, but chose a local offering instead, is an achievement for Ittai Ben. Zeev, CEO of TASE. With its revenue hitting the $100 million mark in 2021, Nayax could have easily gone straight for the traditional tech route.

From right: Ittai Ben Zev, CEO of TASE; Yair Nechmad, CEO Nayax – Photo credit: Orel Cohen, Yuval Chen

Similarly, HUB Security, which was unable to broadcast in the United States before it acquired Comsec last September for NIS 70 million (about $21.8 million), dramatically increasing its operations and revenues, has also been convinced to go public near his home. Nayax and HUB Security are just two representatives of a much more dramatic trend in Tel Aviv IPOs. These are two of the 55 companies in the technology sector that joined the exchange in 2021, out of 97 companies that did so in total. But the big question is what’s next? Based on data published by the exchange itself, the weight of trading in tech stocks is negligible in the overall trading volume, which is focused on finance and real estate.

In Israel, fewer people buy to dream

Trading volume is only one, albeit important, indicator of the level of investor interest in these stocks. The second, crucial element that interests companies is value. And here, Israeli investors have yet to learn how to “properly” value growth companies after years of trading mostly in value companies. In other words, Israelis are less likely to buy the dream.

At Nayax, which has a market capitalization of NIS 2.8 billion after the stock has fallen 23% since the IPO, there is no talk of the value the company is striving for, however, around HUB Security, which trades at half a billion shekels, there is talk of a value of nearly $1 billion. In any case, the company SPAC with which the memorandum of understanding was signed has already raised $150 million, so it is clear that the offer abroad will have to be of a significantly higher value. As for HUB, the high gap between the value at which it trades in Tel Aviv and the value offered by SPAC is explained by the claim that US investors have a better ability to value companies. “Institutions in Israel still don’t know how to give the ‘dream multipliers’ they know how to give to the United States,” HUB sources said, claiming that a company that receives a 1-2 multiplier on its income in Tel Aviv will receive at least a 10 multiplier in New York.

Yair Nechmad, CEO and co-founder of Nayax, said similar things in an interview with Calcalist in late 2021, after experimenting with both Israeli and American investors, who bought 70% of the shares in the public offering. initial of Nayax. “Israeli investors are completely different from Americans: Americans only talk about business, ask questions only related to the mandate entrusted to them, while Israelis do not ask questions about the business model, but above all want to make sure that you are reliable and that you have no demons in your closet. They don’t want to be taken for idiots.

Nayax and HUB Security are unmoved by the fact that in 2021, the Tel Aviv-90 index was the best index in the world in terms of return, with a 33% increase that year. It wasn’t a one-time event either, as over the past five years, Tel Aviv-90 has posted a 159% return, second only to the NASDAQ 100 index, which includes the world’s 100 largest technology companies. About a fifth of the companies that make up Tel Aviv-90 are technology companies, including Gilat, Nayax, Matrix, CamTek, Sapiens and Perion.

Courting risky

Apparently, the very strong performance of the Tel Aviv-90 is supposed to be great news – not only for investors in Israel, but also for companies that are traded here and stand to benefit from the rise in value. Long gone are the days when the Tel Aviv Stock Exchange was far behind the glittering stock exchanges of the world. The strength of the TASE, which is also partly linked to the strength of the shekel currency, was felt even more in the last two months of 2021, when the blows suffered on Wall Street were much stronger than on Tel Aviv. “At the worst times, Americans throw stocks like crazy and the Israeli market is more conservative and works the other way,” Hani Shitrit Bach, director of the economics department at the Tel Aviv Stock Exchange, told Calcalist. “Beyond that, there’s a huge mutual fund market here, and the companies that are in the big indices have a huge captive market.”

At Nayax, there is talk that after the IPO in New York, the company will remain in Tel Aviv mainly to operate in the local bond market, while HUB Security will probably be completely eliminated from exchanges here. Both companies are fully aware of the case of Mellanox, which was a dual company that was knocked out of trading in Tel Aviv in 2013, when it traded at less than $2 billion, to be sold for $7 billion five years later. . But Mellanox is the exception that does not prove the rule. Other companies, which decided that the listing in Tel Aviv interfered with the maximum spillover of value on the NASDAQ and were removed from the local stock exchange, did not realize the dream.

Take for example Ceragon, which was scrapped in 2017 and is still hanging on NASDAQ below a valuation of $200 million. Nano Dimension and MeaTech, which were removed from Tel Aviv in 2020, also show negative performance. The temptation of the NASDAQ is great, but as Shitrit rightly points out, American investors lack sentiment and know how to part very quickly with dreams that do not come true at the expected pace. A large number of Israeli companies issued on Wall Street in 2021 have been feeling this for a few months. Ben Zeev indeed strikes when the iron is hot.

Calcalist has learned that the exchange is currently courting companies like Riskified, in hopes that it will list locally, alongside the New York Stock Exchange. The company, which develops payment systems and helps prevent credit fraud in online commerce, has seen its shares see steep declines since its July 2021 issuance at a value of $3.3 billion. Today, the company is valued at just $1.1 billion. Ben Zeev does so knowing that a company worth less than $1 billion is off the radar of American investors, while in Israel a company worth NIS 3 billion or more enters the market. best performing index in the world.

]]>