Success Knows - Stupid Is As Stupid Does

Call me stupid but I tell you, the more I admit about money and finance that I don't know today the the better choices I will make about money in the future.

Sounds good anyway...

That's why I am unashamed to say this article
SEC blocks Chicago Stock Exchange sale to China-based investors
was an real eye opener.

I never thought in a million years that a market which bought and sold shares of public companies could be privately owned!

Incredible! Here are a few other tid bits of info I found especially interesting:

• CHX is a niche player in the industry, handling just 0.5 percent of U.S. equities trades. (I'm from Chicago. This sounds so cute and adorable. CHX is like the 'Cubbies' of Wall street!) 

• The acquisition, which was proposed in February 2016 by Chongqing Casin Enterprise Group was worth around $25 million. (That's how much the Chicago White Sox paid for Cuban outfielder Luis Robert in 2017)

• If the deal had been approved it would not be the first time a U.S. exchange had foreign owners. Deutsche Boerse AG bought the U.S.-based International Securities Exchange for $2.8 billion in 2007, before selling it to Nasdaq Inc for $1.1 billion in 2016. (A 1.7 billion dollar loss? Now that's what I call a tax write-off!)

Read the full article here: SEC blocks Chicago Stock Exchange sale to China-based investors

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What was the fastest growing city in 2017

boomtown

noun: boom·town / ˈbüm-ˌtau̇n \

1. a town that has grown very rapidly as a result of sudden prosperity.

Not like the photo, unless we were alive in 1895... we're talking today.

What was the town rated by Derek Miller of Smartasset.com as America's Top Boomtown of 2017?

How about Jefferson Hills or Pittsburgh, Pennsylvania? Or maybe Omaha or Lincoln, Nebraska? Lot's of oil jobs are growing those state economies.

Then there's towns like Beaumont and Brentwood, California; going strong and sure sound pretty enough.

No, the winner is a Caped Crusader; not Cape Cod, Cape Canaveral not even Cape Fear. It's a place we here at Success Times never heard of before.

What was the fastest growing city in 2017 out of the 19,519 cities of these United States?

That would be Cape Coral, in Lee County of Sunshine State of Florida.

So out of the box this was, we wondered what the metrics were; migrant influx? State tax breaks? a retirement oasis?

No, none of the above.

After further review it seems there is a carefully designed operation; a 'Happiness Machine' if you will.

It's a place where the Tourist Development Council (TDC), along with the Lee County Visitors Convention Bureau (VCB) regularly sift through data, develop strategies, implement and support objectives to make this place a little slice of paradise for the inhabitants lucky enough to land, park their shoes and call it home.

So instead of a long drawn out thesis that supports our findings, we do what we do best, give you the reader a break so you can get back to your life with a twinkle and a smile.

Here is a thousand, thousand words packed into a 2 minute video we created from VCB website and Facebook pics that says just about everything we want to say.

You're welcome :D

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