Billionaire Larry Ellison, the 3rd richest American according to Forbes, has purchased Lanai which is the 6th largest Hawaiian island.
At $500,000,000 it was quite a steal considering it breaks down to a tiny 0.13 cents a square foot. A great 500 million USD investment by the Oracle CEO.
Lanai is a destination of untouched tranquility, relaxation and tranquility. A golfers paradise, no distraction or hustle and bustle like Oahu.
This romantic island is a true getaway, though they also have a Four Seasons five star hotel.
The rich get richer. Congratulations, Mr. Ellison on obtaining Hawaii’s most enticing island. Well played sir and Aloha.
Sell in May and go away, the popular and profitable Wall St stock market trading strategy, looks better than ever in 2012.
With the DJIA above 13,200 and the uncertainty with the European Union it appears the time is now to close out your position. Stocks certainly appear overvalued here.
Now may be the time to form your corporation, start a business or company providing that needed product or service.
Add in $16,000,000,000,000 of USA debt and the real unemployment number closer to 20% in America.
I’m advising my clients to take the money and run. We had a great 3 year run.
Buying in November and selling in April has historically worked best in the stock market.
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