Image Credit: Bankitaly Life, November 1923 (archive.org) A personal note: The Wall Street Journal just launched my new column, “Back in Business,” which will run every few weeks. It will seek to illuminate the present with lessons from the past, focusing on the people and events that have shaped business history. “Back in...
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Image Credit: Alex Nabaum By Jason Zweig | May 22, 2020 11:00 am ET What an asset is worth depends on who owns it — and how. If you own publicly traded real-estate investment trusts, your REITs are worth an average of 21% less than they were at the end of 2019. If, however, you hold the TIAA Real Estate Account, a $25.2 billion...
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Image Credit: Alex Nabaum By Jason Zweig | May 15, 2020 11:00 am ET The catchier an investment’s name, the more you should ask: What’s the catch? Just consider YES. Offered to wealthy advisory clients of UBS Group AG, YES stands for Yield Enhancement Strategy. Who doesn’t love getting to yes? And who wouldn’t...
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Image Credit: Alex Nabaum By Jason Zweig | May 1, 2020 10:00 am ET The market wisdom that sounds the easiest can be the hardest to follow. Take “buy low, sell high.” Buying low and selling high is logically sound but emotionally harrowing. That’s because it requires buying something that feels risky because it just...
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