Has a property in Hawaii: Alexander Zureck. Getty Images
Alexander Zureck owns garages, parking spaces, apartments and a house in Germany – but also a property in Hawaii. Instead of half a million, he only paid $73,000 for this one. How did he manage that? He reveals this in an interview with Business Insider.
Alexander Zureck bought his first property as a student. Back then, he had saved the money he earned as a tutor to buy a garage in Gelsenkirchen.
The professor of banking and finance now owns several garages, parking spaces, apartments and a house. He has developed his own strategy for purchasing new properties.
A property in Hawaii has been part of the 35-year-old’s portfolio for a few years. The oceanfront apartment was supposed to cost half a million dollars. In the end, Alexander Zureck only paid 73,000 euros.
On paper he was a student. In reality, Alexander Zureck was more of a young man who worked full-time. “I’ve done all sorts of weird jobs,” he says. At Schalke, in the youth club, in the amusement park. In addition to his studies, he worked more than 40 hours every week – including as a tutor. He put the money he earned from tutoring into his first property.
While Alexander Zureck Today he owns property in Hawaii, among other things, but back then he put his first money into a garage in Gelsenkirchen. At the time it cost him just over 4,000 euros. The now 35-year-old is deeply rooted in the city in the Ruhr area. Not only was he born and raised in the “Pott”, but he is still loyal to his homeland to this day. After graduating from high school, he completed an apprenticeship at a local bank that operates regionally.
Alexander Zureck is still so versatile
He then started studying – and many jobs to finance it. “I cursed my parents because I had to work and I hardly received any financial support from them. But the upbringing worked,” he says with a laugh. Looking back, it was worth its weight in gold. But “at the same time I found it anything but funny”. It was only after he graduated that the Gelsenkirchen native realized how good it was that his parents wanted him to stand on his own two feet.
Thanks to his various professions, Alexander Zureck can now have a say in many things. “This really helps me to integrate myself into a wide variety of companies and industries,” says the 35-year-old. He still has a variety of careers. Among other things, he is a professor of banking & finance and managing director of his own company. This focuses on building digital business models and project-based activities in areas such as human resources, finance and real estate.
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These are all subject areas that the Gelsenkirchen resident is passionate about. Over the years, the father of a five-year-old daughter has built up a small real estate portfolio on the side. “Small animals make messes too,” says the young man and means this in the most positive sense. He owns several garages and parking spaces, two apartments and a semi-detached house. But Alexander Zureck doesn’t just own real estate in the Ruhr area.
Zureck reduced the price of his Hawaii property by 400,000 euros
In an exciting way, the 35-year-old also bought property on the US island of Hawaii.
The apartment attracts with this view. Alexander Zureck
A few years ago, the entrepreneur paid $73,500 (68,000 euros) for the apartment right on the seafront in Honululu. And this despite the fact that the property was advertised for $500,000 (465,000 euros). In an interview with Business Insider, he reveals how he negotiated the price down and how he used it to build an Airbnb business that earns him more than 2,000 euros every month.
The purchase originated in 2017. Back then, Alexander Zureck was in Hawaii for the first time. He went on vacation to the island with his partner Fabienne. He combined this with a lecture on site at the university. “Then we flew there again for a vacation and took a look at the island in peace. We fell in love with Hawaii a little bit.”
In 2019, the couple was there a little longer. “We looked at apartments just for fun. We were a bit shocked, the prices even exceed Munich,” says the Gelsenkirchen native. For apartments measuring just under 50 square meters, “you can easily pay $600,000 in Honolulu.” It was immediately clear to him that he would have to get creative when buying an apartment.
Real estate bargains in the Corona lockdown
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Production of plant-based meat substitutes is on the rise in Germany
– 2024-05-05 17:14:27
Tofu sausages instead of meat, soy buns instead of steaks, vegetarian burgers instead of meatballs – for many German households, vegetarian or vegan meat substitutes are now a regular part of the daily menu, although they are often more expensive than the “original”, writes DPA.
Growing demand is driving production, while at the same time, in 2023, meat consumption per head of the population is expected to fall to a historic low, reports BTA.
According to data from the German statistical office “Destatis” last year, enterprises in Germany produced about 121,600 tons of vegetarian or vegan meat substitutes, or 16.6 percent more than the previous year. Compared to 2019, production more than doubled – by as much as 113.8 percent.
The number of companies producing meat substitutes in Germany is also constantly increasing, with the latest figures for 67 in 2023, up from 51 in 2022.
Meat consumption has been declining for years
“The growing demand for meat substitutes is accompanied by a decline in meat consumption, which continues in 2023,” notes the statistical office.
According to preliminary data, 51.6 kg of meat was consumed per capita in Germany last year. This means that the downward trend continues, with 52 kilograms of meat consumed per capita in 2022, compared to 60.9 kilograms in 2018.
According to a study conducted by the auditing company PwC (PwC), a significant number of consumers are changing their eating habits in order to protect the climate. A third (35 percent) of over 1,000 consumers in Germany said they had consumed less red meat in the past six months. A fifth (22 percent) said they consumed less dairy during this period.
On the other hand, the consumption of vegetable products is on the rise. According to the PwC survey, one in four eat fresh fruit and vegetables much more often, and 28 percent eat more beans and legumes, which are considered significantly more climate-friendly than meat.
For the purposes of the analysis, PwC twice a year surveys around 20,000 people in 31 countries, including over 1,000 people from Germany.
Despite the increase in the number of meat substitutes, this market is still niche. According to Destatis data, in 2023 meat production was almost 80 times greater in value than the production of meat substitutes (€583.2 million), reaching €44.8 billion.
The environmental organization World Wildlife Fund (WWF) sees the growing shift away from meat as a positive trend.
“If we look at the area of land needed to produce food for humans, 75 percent of it is just for food of animal origin such as meat, milk and eggs,” animal food production is also responsible for 69 percent of emissions greenhouse gases associated with food, the organization said.
However, the German arm of the World Wildlife Fund also warns that meat substitutes are usually highly processed foods that only resemble meat through the use of numerous additives and complex processes. At the same time, plant-based foods, which have undergone little or no additional processing, are both more useful and often cheaper, add the experts of the eco-organization.
Production of plant-based meat substitutes is on the rise in Germany – 2024-05-05 17:14:27
Insightful Review of Taiwanese Companies’ Financial Reports and Market Focus
Investment is worth it! Have you ever seen the Taiwan stock market rise and fall dramatically due to major financial events in the morning rush, and regret why you didn’t know about it earlier? Yahoo Stock Market selects the week’s top financial events for investors every week, reviews the importance of the event, the expected path of development, and potential impact from time to time. guiding investors to “Invest before you know it.”!
Taiwanese companies announce first-quarter financial results and April earnings market focus on second-quarter outlook
The first quarter financial report releases of Taiwan listed companies will be released one after the other. April’s earnings have also been announced one after the other that earnings in the second quarter may grow compared to the first quarter.
An overview of companies that have recently held Dharma talks:
May 6: Fubon Media (8454), Zhongding (9933), Shiquan (4967), group light (2385)
May 7: Yushan Gold (2884), United Shield (3034), Wen Ye (3036), Crystal of the Universe (6488), light core material (8215), Zhuo Bo (4106), Laijie (6799)
May 8: Christie (2352), matte (3019), Liwang (3529), Chuanhu (2059), Dynamic Investment Holdings (3715), is square (6561)
May 9: Xiangshuo (5269), initial level (3227), M31 (6643), chasing (3592), Shigeru Minami (8150)
May 10: Taiwan University (3045), move (2049), Zhending-KY (4598), Tianyu (4961), Qincheng (8210), Hua Han (6414), Duntai (3545), Zhixin (8081)
For investors who own stocks, in addition to paying attention to stock price fluctuations, they must also pay special attention to the information in the financial reports and important information at the conference. This information is essential in creating investment strategies and making informed investment decisions. Financial reports provide detailed financial data to help investors understand the operations and financial health of the company. The Fa Shuohui provides insights from the company’s management on the future prospects and plans. Therefore, investors should pay special attention to financial reports and legal meetings to adjust their investment strategies in a timely manner and make wise investment decisions.
Extended Reading》[Stiùireadh air Aithisgean Ionmhais]When is the monthly income of chartered accountants declared? What does this data mean? What are the consequences of not mentioning it?
Taiwanese companies announce first-quarter financial reports and earnings in April market focus on second-quarter outlook (Image source: Getty) (CHAO-FENG LIN via Getty Images)
The US Federal Reserve will keep interest rates unchanged, and the market is looking forward to the possibility of interest rate cuts in the future.
The United States will release the University of Michigan’s Consumer Confidence Index, focusing on the status of personal financial spending, as well as data such as the number of initial unemployment benefits. Currently, the Federal Reserve’s latest interest rate decision keeps interest rates between 5.25% and 5.5%. has been raised.
“Non-agricultural” data released on May 3 showed that the United States added 175,000 jobs in April, below the 240,000 economists had expected according to the US Bureau of Labor Statistics, the unemployment rate rose from the previous month increased from 3.8% to 3.9%, and the wage data was also lower than expected, which is an encouraging sign in terms of the fight against inflation. Employment growth cooled in April, prompting the market to again expect the Federal Reserve (Fed) to cut interest rates, causing US stocks to close significantly higher that day.
In the current market environment, investors should be vigilant and monitor market data in various aspects. Although the decision of the Fed has influenced the market, there is still a lot of uncertainty. Therefore, investors need to carefully plan investment strategies to cope with future fluctuations and changes.
Extended reading》Market again expects Fed to cut interest rates!Dow Jones rises 450 points
The US Federal Reserve keeps interest rates unchanged and the market looks forward to the possibility of future interest rate cuts (Image source: Getty) (Wong Yu Liang via Getty Images)
The earnings season for US tech giants is coming to an end, and Berkshire Hathaway and Disney are set to announce their month-end earnings reports.
The financial reports of the US technology giants are due at this time.BRK-A) announcing their financial results on May 6, and Disney (DIS) announced its financial results on May 7, and on May 8, Uber, known to Taiwanese netizens (UBER), Airbnb (ABNB) and Shopify (SHOP) announcing their financial report, and at the end of May, Huida (NVDA) The financial report will be published.
As the earnings reports of the US technology giants come to an end, investors must pay special attention to these financial performances and their future prospects. For companies that have published financial reports, investors should carefully examine key indicators in their reports, such as revenue growth, profit performance, and future plans. For companies that have not yet published financial reports, investors should be vigilant and prepare for potential volatility.
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2024-05-05 09:00:13
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Insightful Review of Taiwanese Companies’ Financial Reports and Market Focus