Margin loans are convenient and can be a valuable way to leverage ones portfolio. The interest rate can be considerably lower than consumer loans ( royalfidelity offers 6.25%). It is important to manage them properly however, and in this case the doctor took out the maximum loan possible offering no cushion in the event of a downturn in the market. Also it helps to have a well diversified portfolio, with the best quality stocks.
An invasion which you so ably assisted by hiring a Haitian for decades (which you freely admitted) on low wages rather than paying a fair wage to a Bahamian.
He is correct but the answer to our economic malaise is growth, growth, growth. We have been meandering for the last decade with little to no GDP growth all the while wages have stagnated and the cost of living continues to increase. We need to get rid of government red tape, it takes far too long to open a bank account or get a business license or get plans approved by ministry of works. The delay and red tape is endless and costs money.
Secondly we need to privatize all possible govt corporations and stop the drain on the public purse. This will reduce inefficiency and corruption. The NAD model works BPL does not. We need to privatize BPL remove govt influence and incompetence, crush the terroristic union there and reduce the cost of electricity for the entire country. The list goes on....
I feel the same way about Jeff Lloyd. Taking the Bahamian public for a fool. No one is buying his CYA act. We know just what a D average means and we know grades are worse under his tenure. He should accept responsibility and make positive changes or resign and make way for someone more competent who can.
No need to defend relieving the commodore from duty. The defense force failed the Bahamas in the immediate aftermath of the storm. Took far too long to get into affected areas, shows poor planning and execution. Six days later just 250 defense force members in Grand Bahama and abaco out of a force of 1600 members. Too little, too late. Two of our new vessels run aground under the commodore’s watch. We need accountability. I just wish the PM would have had the guts to state the real reason for the change. It is for failure and incompetence. The buck stops with the commodore and a change needed to be made. No need for sugarcoating it. We need accountability to move forward Bahamas!
DonAnthony says...
In large part our immigration department can be characterized as a group of ignorant, civil rights violating thugs. They as so unprofessional!
On ‘They beat me because I had a job’
Posted 10 December 2019, 8:22 a.m. Suggest removal
DonAnthony says...
Margin loans are convenient and can be a valuable way to leverage ones portfolio. The interest rate can be considerably lower than consumer loans ( royalfidelity offers 6.25%). It is important to manage them properly however, and in this case the doctor took out the maximum loan possible offering no cushion in the event of a downturn in the market. Also it helps to have a well diversified portfolio, with the best quality stocks.
On Leading doctor faces $300k Fidelity payout
Posted 6 December 2019, 1:15 p.m. Suggest removal
DonAnthony says...
An invasion which you so ably assisted by hiring a Haitian for decades (which you freely admitted) on low wages rather than paying a
fair wage to a Bahamian.
On OP-ED: We can't send people back to damaged, poor homes
Posted 29 November 2019, 1:47 p.m. Suggest removal
DonAnthony says...
Birdie he has had people living in his home with him, how many persons have you sheltered?
On OP-ED: We can't send people back to damaged, poor homes
Posted 28 November 2019, 8:36 p.m. Suggest removal
DonAnthony says...
That’s a double negative which is a positive. We gonna be rich😁
On EDITORIAL: We can’t rely on the wheel of fortune to build our future
Posted 22 November 2019, 9:29 a.m. Suggest removal
DonAnthony says...
He is correct but the answer to our economic malaise is growth, growth, growth. We have been meandering for the last decade with little to no GDP growth all the while wages have stagnated and the cost of living continues to increase. We need to get rid of government red tape, it takes far too long to open a bank account or get a business license or get plans approved by ministry of works. The delay and red tape is endless and costs money.
Secondly we need to privatize all possible govt corporations and stop the drain on the public purse. This will reduce inefficiency and corruption. The NAD model works BPL does not. We need to privatize BPL remove govt influence and incompetence, crush the terroristic union there and reduce the cost of electricity for the entire country. The list goes on....
On Politicians ignoring 'powder puff' growth
Posted 7 November 2019, 4:20 p.m. Suggest removal
DonAnthony says...
I feel the same way about Jeff Lloyd. Taking the Bahamian public for a fool. No one is buying his CYA act. We know just what a D average means and we know grades are worse under his tenure. He should accept responsibility and make positive changes or resign and make way for someone more competent who can.
On EDITORIAL: One half of the equation
Posted 7 November 2019, 12:36 p.m. Suggest removal
DonAnthony says...
That’s a lot of Haitians.
On Baker’s Bay could offer up to 1,500 jobs as it rebuilds
Posted 5 November 2019, 4:48 p.m. Suggest removal
DonAnthony says...
Godspeed back to the Bahamas and back to good health.
On I'LL BE BACK: Human rights lawyer Fred Smith recovering after paragliding accident in Italy
Posted 24 October 2019, 2:59 p.m. Suggest removal
DonAnthony says...
No need to defend relieving the commodore from duty. The defense force failed the Bahamas in the immediate aftermath of the storm. Took far too long to get into affected areas, shows poor planning and execution. Six days later just 250 defense force members in Grand Bahama and abaco out of a force of 1600 members. Too little, too late. Two of our new vessels run aground under the commodore’s watch. We need accountability. I just wish the PM would have had the guts to state the real reason for the change. It is for failure and incompetence. The buck stops with the commodore and a change needed to be made. No need for sugarcoating it. We need accountability to move forward Bahamas!
On PM defends commodore’s leave
Posted 22 October 2019, 12:13 p.m. Suggest removal