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Dan Caplinger has been a contract writer for the Motley Fool since 2006. As the Fool s Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on Fool.com. With a background as an estate-planning attorney and independent financial consultant, Dan s articles are based on more than 20 years of experience from all angles of the financial world.
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The stock market had a tough day on Monday, and once again, negative attention centered on the
Nasdaq Composite (NASDAQINDEX:^IXIC). The index s 1% drop as of 2:15 p.m. EDT was bigger than what other major market benchmarks faced, in part because the appetite for high-priced stocks seems to have waned considerably over the past few months.
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Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty or are near all-time highs.
A couple of chief .
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The international Church of Scientology has shifted tens of millions of dollars into Australia.
The figures reveal a big increase in the churchâs wealth in recent years, even though census data shows it now has fewer than 1700 adherents in Australia â down by one-third in a decade.
An analysis of the churchâs financial accounts and elaborate corporate structure reveals the not-for-profit Church of Scientology Australia made net profits of $65.4 million between 2013 and 2019.
The reports show an array of cross-border money flows from cash-rich US-based affiliates. Its Australian operations received a $27.8 million loan in 2016 and a grant of $35.9 million from the United States in 2014 alone. In total, there were $78.5 million in grants and loans to Australia between 2013 and 2019.