Things To Do In SW Florida

SpaceX is bringing the four crew members of Polaris Dawn with a planned splashdown landing off the coast of Florida early Sunday.

The Crew Dragon Resilience which launched atop a Falcon 9 rocket from Kennedy Space Center on Tuesday is slated to land at 3:36 a.m. off the coast of the Dry Tortugas in the Gulf of Mexico.

It will mark the completion of the five-day orbital trip taken by billionaire Jared Isaacman and his crewmates Scott Poteet, Sarah Gillis and Anna Menon. The quartet launched from Kennedy Space Center on Tuesday on the first of up to three missions as part of the Polaris Program, a partnership between SpaceX and Isaacman, who was making his second trip to space after 2021’s Inspiration4 mission.

As part of the partnership, Isaacman’s trips are designed to test out innovations for SpaceX, and both Gillis and Menon became the first SpaceX employees to fly to space.

Billionaire, SpaceX employee crewmate make history with 1st commercial spacewalk

The highlight of the trip has been the first commercial spacewalk, which Isaacman and Gillis performed on Thursday with each venturing outside the Crew Dragon Resilience for a little more than 10 minutes each while connected with a 12-foot-long tether. read more

James Royal, Ph.D. | Bankrate.com (TNS)

It’s the perennial question among stock investors: which is better — growth investing or value investing? Recently, there’s been little contest. Growth stocks, such as Apple and Nvidia, have handily outperformed value names. But it’s not always that way, and many investors think value will once again have its day — although they’ve been waiting on that day for quite some time.

Here’s what some top investing pros say about growth and value investing, and when we might see value investing begin to outperform again.

Differences between growth investing and value investing

Many see the distinction between growth and value as somewhat arbitrary, but it’s useful to lay out what might differ between the two approaches, even if it seems a bit like a stereotype.

Growth investing

Growth investors look for $100 stocks that could be worth $200 in a few years if the company continues to grow quickly. As such, the success of their investment relies on the expansion of the company and the market continuing to price growth stocks at a premium valuation, as measured by a P/E ratio maybe, in later years if the company continues to succeed. read more

Property insurance costs in Florida continued to rise between the first and second quarters of the year, and condo associations have been hit hardest during that time.

The average cost of a commercial condo association policy — the kind that covers common properties like roofs, structures, and irrigation systems — jumped 6.6% in the second quarter, and over the past two years has more than doubled, increasing by 103% from $72,570 to $147,381, according to newly released data by the Florida Office of Insurance Regulation.

Smaller condominiums are paying less than the average and larger ones are paying more. But in each case, the increases are added to the monthly assessments paid by condo unit owners who are also facing higher assessments from inflation, as well as state-mandated requirements to undergo structural inspections and to fund reserves to make repairs.

Bryan Brooks, owner of a condo unit in Aventura, said the recent increases boosted assessments for owners of some of the larger units in his condominium by around $300 a month. read more

The husband and wife co-founders of cybersecurity firm ThreatLocker just closed Winter Park’s most expensive home so far this year.

CEO Danny Jenkins and COO Sami Jenkins, who started the company in 2017, purchased the 8,188-square-foot Phil Kean-designed home on Lake Virginia this week for $10,900,000.

The three-story, six-bedroom home was built in 2021 for Giovanni Fernandez and Elise Sabatino, principals of National Real Estate, who are well-known for their work in Orlando’s Hourglass District. The sellers engaged Mick Night and John Pinel of Premier Sotheby’s International Realty’s Winter Park office, who have combined for all Winter Park home sales over $7 million.

“The sale of 181 Virginia Drive exemplifies the strength of Winter Park’s luxury real estate market and demand for exceptional homes in the area,” Knight and Pinel said. “This remarkable estate captures the essence of fine living, and we are thrilled to have represented this extraordinary property.”

The buyers were represented by Lisa Gould with Keller Williams Winter Park. read more

Jim Alkon | (TNS) BookTrib.com

It was one of his earliest and most unforgettable moments in corporate life. Young Wilbur Ross was closing a real estate deal with the legendary Bill Zeckendorf at the real estate magnate’s panoramic and totally circular office. Catching Ross gawking at his surroundings, Zeckendorf comes up from behind, puts his arm around the young man, and says, “If you had been backed into a f__ing corner as often as I have, you would want a goddamn round office too.”

Not that Ross had been scratching and clawing his way out of adversity all his life, but, well, it comes with the territory of being a Wall Street legend, known as the “King of Bankruptcy.” Over a 55-year career, he helped structure more than $400 billion in assets, was named by Bloomberg as one of the 50 most influential people in global finance, and served — and survived — four tumultuous years as secretary of commerce under President Donald Trump.

That illustrious history and the many lessons learned with it make up the substance of his just-released memoir and life primer, “Risks and Returns” (Regnery, an imprint of Skyhorse Publishing Inc.). read more