Over the years we have had good success in investing for ourselves and our network partners by being early in major trends and finding good ways to invest. Including but not limited to:

* Cannabis
* Gold and precious metals
* Crypto

You can see what we have featured from our webinar channel –> https://ritterbandpartners.com (requires registration and self-accreditation)

What Does It Take To Scale An AI Company? Founders And Investors Share Their Insights

First, What does it take to scale an AI company, founders and investors share their insights. What they are referring to is getting a company over the billion-dollar market. The illustrious Unicorn status.

Greenman at best practices AI cites for things to look for scalability:
One is the company solving a high-value use case.
Two: Does the team have domain expertise and access to datasets
Three: deep technical knowledge
Four: commercial and selling expertise it’s one thing to have a product, another to be able to sell it. They talk about working closely with clients in the design, mvp and marketing process.

In fact, most of these points are not unique to AI, but for technology companies in general.

https://bit.ly/3npydIz

Rent or Buy? Eight Home Hunters Explain Their Real Estate Moves During Covid

Second, which is kind of interesting, eight home hunters that explain their real estate motives during COVID-19. The supply of homes is low and this is a global phenomenon. Demand is high, especially in the U.S and UK with very low-interest rates.

The article talks about a woman in New York, who moves from an apartment in Battery Park to a house in upstate New York, swapping rented of $5,500 to $1,000 per month. They talk about culture shock going to upstate New York.

There’s another example about Atlanta. And Chicago, where a 30-year consultant upgrades their apartment. They went from $2550 to $2700 per month, better view and more space. So inner-city apartments are seeing rental price compression.

Then, in Sydney Australia, where prices always been little bit bananas. Here the selling process is through physical auction, obviously not many people are showing up because of COVID-19 and there are deals to be had.

https://bloom.bg/3owBgje

Do you need fractional CFO services?

Many companies are too small or have no need for a full-time Chief Financial Officer. Yet there is an ongoing need for finance/tax/accounting.

Our Outsourced CFO service provides support no matter where you are in your growth cycle. Services such as M&A due diligence, Tax Credits, Workouts and much more. Email us at
greg@ritterbandpartners.com to setup an initial FREE consultation.

Stock-market bets against Nasdaq index hit decade peak

Bearish Stock Market bets on the NASDAQ index hitting a decade peak!
The Nasdaq index is up 72% since March – quite a run.
Now the short interest (shares sold short) is at the highest level in 10 years at 9.7 Billion shares.

It was last at this level in 2007, 2008 and we know what happened afterwards. And 2015, which resulted in a fairly smallish correction in 2015.

Many people see this as a contrarian signal since you need bearishness/disbelieve for the market to move higher, to actually be bullish.

https://on.mktw.net/2HDoa2G

Be tax-smart: What you earn vs. what you keep

Written by fidelity investments.

The premise is that over a 40-year period the average account loses between 1-2% per year due to tax inefficiency.

Stress is just not good for complex decision-making!

How do they overcome this?

The one thing is transition management. When you move from one exposure to another, you do it in a methodical way to be tax efficient.

Short v long-term gains, you want to hold on for that one year and one day to get the long-term gain treatment.

Tax loss harvesting near year-end – and make sure not to buy back equivalent exposure within 30 days, so you don’t get disqualified from deducting those losses.

Distributions – monitor specifically for mutual funds which can include capital gains interest as well as dividends and have differing tax treatment

Plan for withdrawals form tax deferred accounts such as 401k or IRAs

Lastly, make use of investments in tax-exempt interest-bearing securities such as Muni-bonds.

https://bit.ly/2HGUSjG

Be sure to check out our Podcast channel CIOs and Bowties. Our 2 latest interviews are on

How to structure a cannabis business
How to structure and understand Solar deals and credits

https://ritterbandpartners.com/