Journalist Felipe Montoro Jens, reports, during the later portion of the year 2018, the federal government of Brazil is planning to initiate the stimulation of R $ 44 billion into the economy of Brazil. Brazil has the 7th largest economy and over 200 million people. This announcement comes as very good news for jobs and opportunities for the people of Brazil. Felipe Montoro Jens reported there are plans to make available 57 projects currently ran, operated, owned and controlled solely by the government, will become available to the private sector. The projects will include infrastructure, and airport improvements including management transitions.
Felipe Montoro Jens, who is a specialist in infrastructure projects detailed Brazil’s Program of Partnerships and Investments will make most of these projects available during the second half of 2018. Felipe Montoro Jens reported Infraero, a Brazilian government corporation who is responsible for operating all the major airports in Brazil will be relinquishing its ownership in the following airports; Brasilia, Confis (Belo Horiszonte), Galeao (Rio de Janeiro) as well as Guarulhos (Sao Paulo). Read more at frenchtribune.com
These 57 projects are slated to span to 22 sectors, which is an opportunity for various intricacies of the economy to be able to benefit from the R $ 44 billion investment during the end of 2018. Felipe Montoro Jens also announced the Brasilia, Confis (Belo Horizonte), Galeao (Rio de Janeiro) and Guarulhos (Sao Paulo) airports also.
Felipe Montoro Jens also reported the infrastructure projects, according to the Ministry of Transportation, will include highways BR 153 and BR 364. BR 153 between Anapolis GO and Alianca TO and the 800 kilometers between Comodoro MT and Porto Velho RO of highway BR 364. The Ministry also made public, the bidding on these highway projects will take place during the end of President Michel Temer’s term in office.
When it comes to retirement, one expert believes that too many people are making a critical mistake that could cost them dearly in the future. Ted Bauman, Editor of The Bauman Letter believes that the average investor is miscalculating their net worth. This miscalculation may be the reason why many people retire with much less than they anticipated.
In a recent blog article entitled, Don’t Make This Retirement Mistake,” Mr. Bauman lays out how many people mistake the price of something with its value. Price, as defined by Bauman, is what people pay for an item. And value is what is the perceived worth of the product. This price/value relationship can become increasing warped when the element of time comes into play. That is because price usually becomes detached from its value over a set amount of time.
One example in the article mentions a toy that was once popular with little kids – fidget spinners. At the height of the craze, fidget spinners were being sold at high prices. Now, that the fidget spinner fad has died, the price of these toys have fallen off of a cliff and landed down in the clearance bin. Check this article at Bloomberg.com to know more about Ted Bauman
Using a more practical application, many couples project the future value of their home as a way to fund their retirement. Bauman warns that rising inequality may mean that future young families won’t be able to afford homes at the price future retirees think they can sell them at. The result? A massive shortfall for couples who won’t have the money to retire comfortably.
Ted Bauman points out that young couples today have about half the net worth of the previous generation at the same stage of their life. That, in turns, means that young couples are more likely to rent than to buy a home. An oversupply of homes will lead to downward pressure on home prices.
Ted Bauman has been a part of Banyan Hill Publishing since 2013. As the Editor of The Bauman Letter, Plan B Club and The Alpha Letter, Mr. Bauman has offered his advice on everything from low-risk investment strategies to asset protection.
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