New Movie Experience Comes to Bellevue

Bellevue’s Cinemark Reserve Lincoln Square creates a new way to watch movies.

The Cinemark Reserve in Lincoln Square, which opened its doors Aug. 3, was specifically designed to offer moviegoers a new way to watch films with state-of-the-art technology.

Cinemark’s Vice President of Marketing, James Meredith, said the theater “creates an experience that simply can’t be replicated at home.”

It all begins in the kiosk just outside the theater. With a touchscreen display, guests can select the movie, the time and their seats. “It’s so great because you will always know exactly where you’re going to sit,” Meredith said.

Once entering, there is a large concession stand with popcorn, candy, drinks and customized butter stations.

“We’ve got everything any moviegoer would want. We’ve done a lot of research and have asked people what would enhance their movie going experience, and one of the biggest things was butter. People are very particular on how their popcorn is buttered. Some people like a lot of butter, some like just a little but, some just want want it on half. So, we have butter stations to better accommodate people’s butter preferences,” he said.

The theater includes a full kitchen that creates gourmet appetizers, flatbread pizzas, rosemary fries, salads, sandwiches, sliders, plus gourmet desserts, as well as a full bar that hosts local craft beers, wine and cocktails. Adjoining the kitchen and bar is a large lounge and terrace where guests can enjoy food, drinks and friends.

Each of the six auditoriums house over 100 luxury ergonomic loungers that have three different heat settings. The loungers come with a swivel table to accommodate the seat-side service from the full kitchen.

All the auditoriums have a curved, wall-to-wall screen designed to make every seat the best seat to see the crisp, clear digital picture. The enhanced surround sound system, along with the picture, offer guests an immersive moviegoing experience.

Unemployment Now Under 4%

Goldman sees unemployment below 4%, job market getting so good it could ‘overshoot’

  • Goldman Sachs economists said the job market is doing better than they expected and doing so well it could “overshoot” full employment.
  • The economists revised their forecast for unemployment to 3.8 percent next year from 4.1 percent.
  • The economists expect the Fed will move faster than the market believes to raise interest rates — at a pace of one hike per quarter in 2018 and 2019.

Millionaire Investing by Louis Howard

Real estate Investing:

Intro: As the US is seeing the hottest real estate market in years and income is rising in certain sectors and declining in other sectors. More and more people want t become Millionaire Investors

  1. Tend to your personal finances first

Many prospective investors view real estate as a means to get out of financial trouble. Many real estate “gurus” will advocate this practice and even use it as a selling point to sell their latest and greatest real estate investing system. I am definitely not of this mindset.

 

  1. Choose a strategy.

There are many ways to make money in real estate investing. You can buy a property and immediately flip it for profit. You can buy a property and hold it banking on an increase in value in the near future. You can buy a property for rental. You can buy a distressed property and make improvements. There are countless ways to make money. The important thing to remember is that each of these strategies carries its own set of “rules”, if you will, for making a profit. Some might say you should never limit yourself to one strategy and I whole-heartedly agree in the over all realm of your real estate portfolio.

 

  1. Do your research

While this may sound elementary, it’s very easy to get caught up in the emotion of what seems like a good deal and in the process act hastily. Always, and I mean ALWAYS thoroughly investigate a property before you sign anything. Try to determine if the property has suffered any significant damage, find out if the property is in a flood plain, find out if there is more than 1 lien against a property, etc. Create a property inspection checklist up front and check every one off before you decide to do a deal.

 

  1. Stick to a budget

Decide what you can afford and are willing to spend on a real estate deal and DO NOT deviate. Many real estate investing coaches will tell you not to let a good deal go just because you don’t have the money. “Get creative” they say. While I do not shun the idea of creative financing completely I certainly don’t recommend it for the beginning investor. “Zero Down” deals can be very appealing but they also can increase your risk factor tremendously. In a nutshell, if you can’t afford it, it’s not a good deal.

 

Freddie Mac Post Big Profits

WASHINGTON (AP) — Mortgage giant Freddie Mac reported net income of $1.7 billion for the second quarter, up from the same period of 2016.

The government-controlled company said Tuesday its earnings were boosted by increased income from fees paid by lenders for guaranteeing mortgages in the April-through-June period.

Freddie, based in McLean, Virginia, will pay a dividend of $2 billion to the U.S. Treasury next month. Freddie will have paid a total $110.2 billion in dividends, exceeding its government bailout of $71 billion.

The government rescued Freddie and larger sibling Fannie Mae at the height of the financial crisis in September 2008, after they suffered huge losses from risky mortgages in the housing market bust.

Together the companies received taxpayer aid totaling about $187 billion. The housing market’s gradual recovery, helped by record-low interest rates spurring home purchases, has made Freddie and Fannie profitable again.

Still, the housing market’s revival has been choppy, and it has lagged behind the rest of the economy. Despite the low borrowing rates that could lure prospective homebuyers, the market has remained hampered by tight mortgage credit, rising home prices and stagnating incomes.

Apple Rich with over 261 Billion In Cash

LOS ANGELES — Consumers are apparently waiting until the fall to buy shiny, new iPhones.

Apple had a decent fiscal third-quarter on Tuesday with sales and earnings that exceeded Wall Street’s expectations.

Apple announced revenue of $45.4 billion and earnings of $1.67 per share, compared to the year-ago quarter of $42.4 billion and $1.42, respectively.

Analysts had expected revenue of $44.9 billion and earnings of $1.57 for the quarter.

The results sent Apple shares up more than 5% to a record $157.79 in after-hours trading Tuesday.

The June quarter is historically Apple’s slowest. As in most years, sales of the iPhone taper off in the spring and summer, as folks await a new model that debuts each fall. The next iPhone, reportedly sporting a major redesign and packed with new features such as facial recognition, is expected to be introduced in September.

During its third quarter, Apple sold 41 million iPhones and 11.4 million iPads, compared to 40 million iPhones and 9.9 million iPads in the year ago quarter.

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