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Developers propose upscale lodge, conference center for Franklin County

A public-private consortium on Friday announced a proposal for a 200-room lodge, 1,000-person conference center and related amenities on 150 acres in the Homochitto National Forest near Lake Okhissa in southwest Mississippi. The land purchase was authorized following Congress’ passage of the farm bill last month and gives the Scenic Rivers Development Alliance, a coalition of local governments in five ...

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BRIAN ESTES — Why high net-worth individuals should allocate to commercial real estate

High net-worth individual investors are currently faced with a dilemma on allocating their portfolio between stocks, bonds and alternative investments, including commercial real estate. The stock market has roared back over the past several years with double-digit returns for most investments based on several economic factors, including confidence that President Trump’s tax policies will be advantageous to investors. However, there ...

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Take the long view regarding stock market volatility

By BECKY GILLETTE In December 2018, U.S. stock markets had their worst performance since 1931. The Dow Jones had its worst Christmas Eve on record. While those facts are very concerning, Mississippi investment advisers are recommending clients stay the course and avoid the temptation to sell stocks when the market is down so much. “The best advice I give my ...

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