The Jamaican economy is considered to be the 97th ranked economy in the world based on nominal GDP of $15.461 billion (as of 2018).

The economy relies heavily on the services industry, mainly related to tourism, to stimulate the economy.

Legislation passed in 2015 allows Jamaican citizens to grow up to five cannabis plants for personal use and reduced the penalties for individuals in possession of two or less ounces of the drug.

Expanding the legalization of marijuana to a more commercial setting could provide numerous benefits for the Jamaican economy.

When you are wealthy, there are a number of things that you may be interested in buying. Of course, there is the Rolls Royce, the ocean view mansions, the Gulfstream jet, and the custom-built yacht. However, if you really want to flex on the ultrawealthy, then you want to go ahead and own a sports team. So what is the appeal of owning an MLB, NFL, NBA, or NHL team? Here’s a look at what drives the ultra wealth to own a top sports team. 

Currently, Massachusetts Senator Elizabeth Warren has proposed an “Ultra Millionaire” Wealth tax. This tax would ask certain Americans to pay more. For families with over $32 million on wealth, a 2% tax would be added. Single tax filers would get hit with that tax with over $16 million in wealth. The wealth tax would scale higher to people with larger net worths. In fact, Jeff Bezos could expect to pay $5 billion in 2020 under the wealth tax rules.

While an Ultra Millionaire Wealth tax seems like an easy solution, there are actually some good reasons why this proposal is a poor idea.

Investments in an Inflationary Environment

Is your portfolio ready in case of inflation? With inflation, the world will have to deal with rising food and energy prices, lower stock performance, depreciating currencies, and high interest rates. So how do you make money in that type of market? Here are five proven investments that tend to outperform during inflationary environments.

Ever notice that $1 buys less and less these days? In fact, the US dollar has lost over 99% of its buying power since the 1930s. Every year, inflation eats away at your money. We’re talking about 3% of your buying power being eroded. However, a new app has come along that allows you to preserve your buying power. The app is called Glint. This unique app allows you to buy, save, and spend your money in gold. One of the first of its kind, Glint could be one of the most innovative ways for the average person to protect their money value.

Bitcoin is an exciting new asset I wanted to give a brief overview of Bitcoin for people new to the space.

The benefits of Jamaica removing the queen of England as the head of state and establishing itself as a republic

I am a Jamaican National now and I will invest on the Island because I want to invest money into the island for personal reasons, but not everyone feels the same way. As I do my research on Jamaica and find things that investors looking strictly for a return will be off put by I will document them. In this article it’s a specific tax residency trigger. With the hopes that we can fix some of these things. Jamaica is a great place and there is no reason it can’t be the next Singapore

Should You Add Gold and Silver to Your Investment Portfolio?

Is your investment portfolio protected? What will happen to your stocks if there is inflation, war, or a crash? Well, there are two simple ways you can protect your portfolio from these types of shocks in the market - gold and silver.