Friday, May 10, 2024

Investments for Today’s Investors

 In a world where financial markets can be volatile and unpredictable, the quest for low risk investment opportunities has become a priority for many investors. While higher risk investments might offer attractive returns, they often come with a significant level of uncertainty. For those seeking stable and secure ways to grow their money, low risk investments present a viable alternative. In this article, we explore five of the best low risk investment options available right now, providing a roadmap to balance potential gains with peace of mind.
1. Certificates of Deposit 
Certificates of Deposit are time based deposits offered by banks, often with fixed interest rates over a specified period. These investments are considered low risk because they are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per account holder, per institution. While the returns may be modest compared to riskier investments, CDs provide a predictable stream of income, making them a suitable choice for those who prioritize capital preservation.
2. Treasury Bonds
United States Treasury Bonds are debt securities issued by the U.S. Department of the Treasury. Backed by the full faith and credit of the U.S. government, these bonds are considered one of the safest investment options available. Treasury bonds offer fixed interest payments at regular intervals and return the principal amount at maturity. With various maturity dates and terms available, investors can tailor their investments to their financial goals.
3. Money Market Funds
Money Market Funds (MMFs) provide a low risk alternative to traditional savings accounts. These funds invest in highly liquid, short term debt securities like Treasury bills and commercial paper. MMFs aim to maintain a stable net asset value (NAV) of $1 per share, making them a low volatility option. While they may offer slightly higher returns than regular savings accounts, they still provide easy access to funds, making them suitable for emergency cash reserves.
4. Peer to Peer Lending 
Peer to Peer (P2P) lending platforms connect individual borrowers with investors willing to lend money for interest. While P2P lending carries some risk, investors can mitigate it by diversifying their loans across multiple borrowers. Many platforms also offer risk assessment tools to help investors make informed decisions. P2P lending can provide competitive returns compared to traditional savings accounts or CDs, making it an option for those seeking a slightly higher yield with a calculated level of risk.
5. Blue Chip Stocks with Dividend Payments  
Blue chip stocks of established and financially stable companies are often considered low risk investments due to their long history of consistent performance. Additionally, investing in blue chip stocks that pay dividends can provide a reliable source of income. Dividend payments can cushion against market fluctuations, offering investors a way to generate returns while holding onto shares that historically hold their value.

Wednesday, May 8, 2024

United States Govt Trying to Ban TikTok

The decision to force divestment or ban TikTok in the United States stems from concerns about national security and data privacy. Some US officials worry that TikTok, which is owned by the Chinese company Byte Dance, could be compelled to hand over user data to the Chinese government or engage in censorship at its behest. These concerns intensified amid rising tensions between the US and China over trade, technology, and geopolitical issues. The Trump administration in particular took a hard stance against Chinese owned technology companies, viewing them as potential threats to US national security. As a result, there were efforts to either force TikTok to sell its US operations to an American company or ban the app altogether. Such actions were seen as a way to mitigate the perceived risks associated with Chinese control over a popular social media platform with millions of users in the US. However, the situation may have evolved since my last update, so it's worth checking the latest news for any developments regarding TikTok's status in the US.

The decision to pursue divestment or ban laws regarding TikTok would involve various government agencies and officials at both the federal and state levels in the United States. At the federal level, the decision could involve the President, executive branch agencies such as the Department of Commerce and the Committee on Foreign Investment in the United States (CFIUS), as well as members of Congress who may propose or support legislation related to this issue. State governments may also take their own actions or express opinions on the matter, particularly if there are concerns about data privacy or security at the state level. Specifically, voting on legislation related to TikTok could occur in congressional committees or in full sessions of Congress, depending on the nature of the proposed measures. It's important to consult official government sources and news outlets for specific information on which individuals or entities have voted in favor of such laws.
What does the law mean?
In an election year when many politicians do not want to be seen as soft on China, the legislation is part of a series of moves responding to national security concerns. Officials in both political parties have raised red flags about TikTok along with other issues ranging from connected vehicles to advanced artificial intelligence chips to cranes at US ports. On the other side, many younger voters oppose a ban because they use the app to express their views and follow politics. Earlier this year, President Joe Biden's re election campaign joined TikTok to reach young voters ahead of the November presidential elections.
Sci tech Why is US govt trying to ban TikTok or force Bytedance to divest? TikTok, ByteDance sued to block US law seeking sale or ban of app By Reuters May 08, 2024 A view shows the office of TikTok in Culver City, California, March 13, 2024. Reuters 
WASHINGTON: TikTok and its owner Bytedance on Tuesday sued to stop a law that would give its Chinese parent about a year to divest the US assets of the short video app, or face a nationwide ban. Here is a look at the effort to ban the app. Why are US officials forcing divestment or banning TikTok US officials warned TikTok's management is beholden to the Chinese government and fear Beijing could use the social media app to influence the 2024 US elections, Director of National Intelligence Avril Haines told a House of Representatives intelligence committee hearing in March. Many US lawmakers from both the Republican and Democratic parties and the Biden administration also say TikTok poses national security risks because China could compel the company to share the data of its 170 million monthly US users. The Department of Justice recently told lawmakers that because ByteDance is headquartered in Beijing, TikTok’s American users are at risk because foreign governments like China's "are known for their surveillance and censorship." TikTok has denied that it has or ever would share US user data, accusing American lawmakers in the lawsuit of advancing "speculative" concerns. What does the law mean? In an election year when many politicians do not want to be seen as soft on China, the legislation is part of a series of moves responding to national security concerns. Officials in both political parties have raised red flags about TikTok along with other issues ranging from connected vehicles to advanced artificial intelligence chips to cranes at US ports. On the other side, many younger voters oppose a ban because they use the app to express their views and follow politics. Earlier this year, President Joe Biden's re election campaign joined TikTok to reach young voters ahead of the November presidential elections. Who voted in favour of divest or ban law? The House passed the law 360-58 with broad bipartisan support as part of a $95 billion legislative package that also provides security assistance to Ukraine, Israel and Taiwan. Days later, the Senate approved the legislation and US President Joe Biden signed it into law. The TikTok measure stems from legislation introduced on March 5 by Republican Congressman Mike Gallagher, who resigned in April, and Representative Raja Krishnamurti, the committee's top Democrat, with more than a dozen other lawmakers. Detractors include Democratic Representative Ro Khanna who has said he felt a TikTok ban may not survive legal scrutiny in courts, citing the Constitution's free speech protections. A number of prominent Democrats in the House voted against the bill, including Alexandria Ocasio Cortez, Cori Bush and Pramila Jayapal. "There are serious antitrust and privacy questions here, and any national security concerns should be laid out to the public prior to a vote," Ocasio Cortez said at the time. 
How would a ban be enforced? 
The law gives TikTok's Chinese owner ByteDance about nine months to divest the US assets of the short video app. The deadline could be extended by three months if the president determines there is progress toward a sale. It is unclear whether China would approve any sale or if TikTok could divest its US assets by the deadline. If ByteDance failed to do so, app stores operated by Apple, Alphabet's Google and others could not legally offer TikTok or provide web hosting services to ByteDance controlled applications. In theory, the ban would make it difficult, if not impossible, for users to access TikTok in the US.
Is TikTok banned in other countries?
India banned TikTok along with dozens of other apps by Chinese developers in June 2020, saying they could compromise national security and integrity. Nepal's government banned the app in November 2023. Several countries, including the US, Australia, Canada and New Zealand have banned TikTok from federal government-owned devices.

Wednesday, May 1, 2024

First Ladies’ Favorite Foods

Abigail Adams: Indian Pudding 

One dessert John and Abigail were fond of was Indian Pudding, a baked custard pudding made with cornmeal. It’s a warm, comforting dessert perfect for fall, just like our Pumpkin Pie Pudding.

Jacqueline Kennedy: Poached Salmon 

Jackie Kennedy brought class and French style to the White House kitchen. But one of her favorite (and most common) presidential menus was poached salmon, lamb and haricots vert, followed by some sort of ice cream dessert.

Melania Trump: Oatmeal

Our former first lady knew the importance of eating breakfast every day. She’d usually eat a bowl of fiber rich oatmeal or a nutrient packed smoothie to start her day on a healthy note.

Betty Ford: Waffles 

Betty Ford and her family liked simple American food. She was was very cost conscious and put an emphasis on budget friendly meals. Sunday’s breakfast consisted of waffles with pure maple syrup, strawberries and orange juice.

Michelle Obama: Garden Vegetables 

This former FLOTUS was known for promoting healthy eating and fighting child obesity. Her famous White House garden was filled with an array of nutritious vegetables that make healthy eating more enjoyable.

Barbara Bush: Quiche 

Mrs. Bush knew a thing or two about making good food. Her mushroom quiche not only delighted her husband but also impressed many home cooks who follow her recipe it’s a lot like this one.

Pat Nixon: Meat Loaf 

President Nixon was a big fan of his wife’s meat loaf. It was served about once a month while they lived in the White House. Her version was made with ground beef, white bread and a little marjoram. If you like it jazzed up, try our bacon topped meat loaf.

Dolly Madison: Dolly Madison Cake 

Dolly Madison was known for her hospitality and had a knack for entertaining during her days as First Lady. She was a good baker and often made a drippy caramel layer cake. If you like hers, you’ll probably also like our spice cake with caramel sauce.

Sarah Polk: Sarah Polk Hickory Nut Cake

Like Dolly Madison, Sarah Polk also had a cake named after her. The Sarah Polk Hickory Nut Cake was popular in the 1800, and was filled with hickory nuts. They are one of the only native nuts in the U.S so it was considered a true American cake. Go nuts for our own nut cake.

Nancy Reagan: Red Velvet Cheesecake

We’re not sure which foods Nancy Reagan liked best, but if we had to choose one to represent her, it would be red velvet Anything! Mrs. Reagan was always a vision in red, whether in a gown or pants suit.

Bess Truman: Ozark Pudding 

Mrs. Truman is known for her Ozark Pudding, which is like a macaroon inspired pecan pie. She made hers with apples but pears work well, too. For another delectable apple dessert, check out our apple torte.

Mary Todd Lincoln: White Almond Cake 

If someone says they’re making a Mary Todd Lincoln Cake, they’re referring to a white pound cake with almonds. Rumor has it she made if for Abe before they were married. It was said to be his favorite and was served at the White House. If you like almond cake, try our Almond Brittle Torte.
American food and thrifty dinners to global flavors and healthy eating, First Ladies have had a wide range of tastes when it comes to cooking.