INVESTMENT

Gov. Doug Burgum Signs Legacy Fund Investment Bill

BISMARCK, N.D. — Gov. Doug Burgum is signing a bill that’s aimed at creating a broader investment policy for the state’s voter-approved oil tax savings account. The bill sets targets for investing a greater portion of the Legacy Fund principal in North Dakota. It requires that the State Investment Board give preference to qualified investment firms with a presence in…

Fargo Financial Adviser Offers Investment Advice During COVID-19

Meyers Has Been Hosting A Financial Chat With People In The Community About How To Handle Their Investments During The Pandemic.

FARGO, N.D. — The coronavirus continues to impact the investment world and the global economy. Paul Meyers Of Legacy Wealth Management in Fargo says the economy is hurting right now but will bounce back. He’s that because the main driving forces will be back once people are able to work again. He says the 2 trillion dollar relief bill can…

No Concern for Red River Valley Admist Stock Market Roller Coaster

FARGO, N.D. – The stock market roller coaster continues after coming off it’s worst week since 2008. Speculation about the economic fallout from the Coronavirus led to an extended and punishing sell off by uneasy investors. It’s expected that industries that rely on tourism, such as the airline and hotel industries, will continue to suffer. People with Legacy Wealth Management…

Investing in Opportunity Zones to Better The Community

Opportunity zones are a community development program that encourages long term investments in low income and urban communities nationwide.

FARGO, N.D.– People in the area are learning how to invest in opportunity zones. “This is a federal tool that we are obviously going to add to our arsenal. We need to create an environment where people can be successful,” says Derrick LaPointe, President & CEO of  Downtown Moorhead Inc. Opportunity zones are a community development program that encourages long term…

Geologists Reviewing Recoverable Crude Oil in North Dakota

Senators Heidi Heitkamp and John Hoeven and industry officials requested the new assessment by the U.S. Geological Survey

  NORTH DAKOTA — Federal geologists say they will reevaluate the amount of recoverable crude oil in North Dakota. Senators Heidi Heitkamp and John Hoeven and industry officials requested the new assessment by the U.S. Geological Survey, saying it would likely attract investment by showing stronger production potential. They want the USGS to take into account 17 other formations in…

Senator Hoeven Hosts Roundtable Discussion on Tax Relief

Hoeven specifically wanted to get input about how he could help middle class individuals and families

FARGO, ND — Senator John Hoeven held a roundtable to get community input about tax relief for North Dakotans. State manufacturers, exporters and agricultural industry leaders were all there to provide their thoughts on what should be done next. Hoeven specifically wanted to get input about how he could help middle class individuals and families. However, he says he hopes…

Altru Health System to Build “21st Century Hospital”

The specifics of the new hospital are still being determined

  GRAND FORKS, ND — Altru Health System is making a major investment in new facilities and new technologies in Grand Forks. They have announced plans to invest over $250 million for what they call a “brand new 21st century hospital”, expand clinic services and cutting-edge surgical and emergency services. The president of Altru, Dr. Eric Lunn, said the structural…

Beware of Donating to Harvey Victim Scams

Also watch out for fraudulent charitable solicitations that prey on the goodness of people seeking to help those in need

  NATIONAL — People are being advised to watch out for scams in the wake of Hurricane Harvey. They could include unsolicited email, social media messages, crowdfunding pitches or telephone calls promoting investment pools or bonds to help storm victims. Investors are also being warned about bogus water-removal or purification technologies, electricity-generating devices and distressed real estate remediation programs. Also…