For years, Richard MacDonald’s investments with Financial Resources Mortgage in Meredith seemed like a sure thing. His deposits, which totaled more than $1 million, helped finance building projects across Northern New England. Interest checks arrived in the mail every month. And MacDonald felt secure knowing the construction sites were within an hour or two of his Boston home. READ MORE »
Posts tagged investors
Scientists look for cash spinners
Despite the economic storm blowing across Britain, academics from Imperial College in London are moving to cash in on their Eureka moments by backing them with hard cash.
Professor Andrew de Mello, Imperial’s Professor of Chemical Nanosciences, shows me an iPod-sized device designed to test blood, urine or saliva. They will cost less than £1 each to make. READ MORE »
Canadian bonds beat world
Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities. READ MORE »
Jobs report might help mortgage rates
Investors, economists and observers expected an upbeat employment report today. They didn’t get it. Mortgage rates are likely to stop rising as a result, and they might fall. READ MORE »