Serge Belamant was born in France in 1953. Most of his formative years were spent there, but his family moved to South Africa when he was 14. There he excelled in playing various sports and chess. After graduating high school in 1972 he began studying engineering, computer science, and applied mathematics at Witwatersrand University. He never completed his studies here but instead started working at an engineering firm known as Matrix. Here Serge Belamant has develop software for IBM computers. He was later made the head of the computer department of Center for Scientific and Industrial Project (CSIR).
Here he led in the development of graphics interfaces, digital mapping, and road network analysis. He was later joined the team of supercomputer manufacturer, Control Data. He eventually became the head analyst for ESKOM (national grid supplier). After being named analyst of the year in 1980, he was trained to run the COBRA system for the RSA military. In 1982 he joined DATABANK and created the first scientifically driven financial system. There Serge Belamant developed a groundbreaking 10-step program to analyze risk for Bancorp.In 1989, Serge Belamant conceptualized the world’s first RSA POS system.
It was at this time that he started his own business, which he called Net1. Net1 purchased and absorbed Cash Paymaster Services in 1999. This was a company that delivered grants to South Africans. Since the 90s Net1 has signed partnership deals in Namibia, Botswana, Burundi, Russia, Ghana, and Iraq. By 2017, he was both Net1’s Chairman and CEO. During that same year he also became a business consultant.Net1 Technologies is the recognized creator and developer of blockchain technology. The company first used its patented for their smart which is compatible with Europay MasterCard Visa. It had the capability of working both online and offline without the need of a centralized computer.
Alternative asset management company Fortress Investment Group started its life in 1998 as a private equity firm. They soon started diversifying the investments this company makes and it now invests in a number of different asset classes on a global basis. They have over $43 billion in assets that are invested in private equity, special situations, real estate, cryptocurrency, and hedge funds among others.
Fortress Investment Group has three principals who direct investments. These are Randal Nardone, Wes Edens, and Peter Briger. Randal Nardone and Wes Edens are two of the founders of this firm while Peter Briger joined this company in 2002. Rob Kauffman was the third founder of this company. He retired in 2012 so that he could become fully involved in the car racing industry.
They have a portfolio of companies that they manage. The latest company that Fortress Investment Group became the manager of is Brightline. This is a company that builds private train networks. Their first system is one that runs between Fort Lauderdale and Miami. The freeway traffic between these two cities is horrendous, especially when there is a car accident or road work in progress. On the Miami side, the trains start the day at 7:10 am and the last one for the day is at 11:10 pm. SoftBank to Buy Fortress Investment Group for $3.3 Billion . For Fort Lauderdale these times are 6:12 am and 9:42 pm respectively. Each one-way trip on this train system costs $10.
Fortress Investment Group also recently invested in a company that is building a global Wi-Fi network, iPass. Fortress gave this company $20 million in funding with half of that to be immediately available. iPass is using this money to grow their number of hotspots around the world from 64 million to 340 million. This expansion will be completed by the end of 2018.
iPass’ business model is to make Wi-Fi available to both individuals and businesses on an unlimited basis. They put their hotspots in public venues such as train stations, stadiums, restaurants, and hotels. Besides Fortress the other two financial backers of iPass are Microsoft and HP.
Few companies in the world are growing as fast as Jeunesse. Jeunesse is a thriving company that sells cosmetic products in multiple countries. The company has expanded rapidly since it was founded. There are several reasons the company is so successful relative to the competition. Not only do the products last a long time, but the company has an excellent direct selling program that customers can join.
Why Direct Selling?
The direct selling program at Jeunesse has been a massive success so far. Many people are drawn to direct selling for various reasons. Direct selling allows people to earn additional income each month. Instead of investing capital in a new business idea, participants can earn income by selling Jeunesse products.
The best way to have success with direct sales is to advertise products regularly. The team at Jeunesse teaches people how to promote the products in the most effective way.
The marketing team at Jeunesse focuses on social media and online advertising. Instead of running traditional advertisements, Jeunesse pays customers to post about various products. With cosmetic products, most customers want to see how the products look before making a purchasing decision.
Financials of Jeunesse
Jeunesse is in a strong financial position. The company has minimal debt and a ton of cash. Some business experts speculate that Jeunesse will buy a smaller cosmetic company to continue growing. The leaders of Jeunesse want to maintain a strong financial position in the coming years.
Anyone who wants to have more control of their future should consider joining the direct selling program at Jeunesse. Jeunesse does everything possible to make new members successful. Some members of the program are earning thousands of dollars a month. This program is a critical aspect of the growth plans at Jeunesse.
IC System is a collection agency that is family owned by the Ericksons and was founded in the year 1938 by Ruth and Jack Erickson. Currently, it is run by the third generation of the founders, and they have upheld the fundamental principle of offering ethical and honest services to their customers which were set from the word go. The kind of innovativeness that the company possesses ensures that they are up to date with what the customers expect of them and what the market has to offer and therefore outdo their competitors. Additionally, the company ensures that their customers are treated with formality and respect which helps in maintaining a positive relationship with them which is good for business considering that customers are the backbone of any business. With the demand that comes with the industry the company falls in, it had to update its systems by replacing typewriters with computers. Therefore, it became the first collection agency in the United States to become computerized entirely. The kind of commitment that the IC System has shown to their customers and their level of innovativeness over the years made them be awarded the Collection Technology Excellence Award in 2010.
Apart from being dedicated to their field of work, the IC System Company makes sure to give back to the community in the best way they know how to like through donations and charity work. The company involves their employees in these functions which makes them a part of the community as well. With that, it means that they care about their employees and this is a way of expressing their gratitude to them for being a part of the company. When it comes to hiring their workers, the company settles for the best considering that they deal with a wide range of customers and they have to serve them to satisfaction. The IC System celebrates their 80th anniversary this year under the management of John Erickson, Jr. which shows that it has been irrepressible in a demanding industry. Being a family business and managed by the third generation, IC System stands out among other agencies due to this unique aspect.
What is the key to a good retirement? According to financial expert Christopher Linkas, the secret to a good retirement lies in starting to invest for retirement while you are still young.
Now, it is true that most people who are young are totally not thinking of planning for retirement. Most people start thinking about it in their forties or even only in their fifties. At that point, they realize that they do not have a solid and proven plan for how they are going to be financially secure during retirement, and so they start frantically searching for ways to save up a large amount of money in just a short time. Of course, they are often not successful and end up having to rely on the small checks that they get through social security.
Instead of waiting that long and then dealing with the anxiety of not being prepared for retirement, Christopher Linkas recommends that you start investing while you are still young. There are just so many advantages of investing while you’re young.
The first advantage is that you can earn a lot of extra money through what is known as compound interest. Through compound interest, you can turn small investments into large investments over the course of a few decades, without even investing more money into it. Even if you get just a five percent return on your investment, you can turn ten thousand dollars to seventy thousand dollars over the course of forty years. In reality, however, you will often earn a lot more than a five percent return on investment, as long as the economy is doing well and you are investing in a diverse set of stocks.
Christopher Linkas says that other advantages of being young include being able to take on more risk and having the opportunity to learn from your mistakes. The thing with being young is that even if you do take on risks and lose money because of your mistakes, you can still land on your feet again, as opposed to when you are older.
The use of extreme language and investment newsletters is definitely a popular tactic in order to attract a larger audience for the author of these publications. If you have heard about Freedom Checks, you may be interested but also skeptical as there are some rather impressive claims that have been made about these investment opportunities. Freedom Checks is a term that has been given to the payouts paid to investors in master limited partnerships. This term was first coined by Matt Badiali one of the leading natural resource experts for Banyan Hill Publishing Company. Read more about Freedom Checks at banyanhill.com.
First off what exactly is a freedom check? In a way that is very similar to dividends that are traditionally paid out in the conventional stock market Freedom Checks are a payout based upon the revenue generated by companies which are classified as master limited partnerships. A master limited partnership is a classification for tax purposes that is given to specific companies that operate domestically within the United States in the oil and natural gas industries. This tax classification was first created in the 1980s whenever Congress passed a piece of legislation titled Statute 26-F. According to the requirements set forth by this piece of legislation if a company that operates domestically within the United States of America produces 90% of its revenues from the production, processing, storage, and transportation of oil and natural gas, then they could potentially qualify in order to operate entirely tax-free.
Obviously having zero of tax liability is a huge incentive for a company to qualify for this tax classification. However, in order to fully qualify to operate as a master limited partnership, the corporation must also agree to pay out a portion of its revenues on either a quarterly or monthly basis. These regular payouts are what Matt Badiali refers to whenever he speaks of Freedom Checks. Read this article at Money Morning.
Currently, there are a little over 500 corporations that qualify to operate as a master limited partnership within the United States of America. Several investors who have invested in these companies have experienced significant gains over the last several decades. Perhaps the most tantalizing piece of information related to Freedom Checks investment is how the income is classified. Dividends are typically classified as personal income and as such are subject to personal income tax. Freedom Checks, on the other hand, are considered a return of capital and as a result are only subject to the much lower capital gains rate of tax. Visit: https://freedomchecks.com/