Antiques show potential as long-term assets

Despite notoriety as “high risk” investments, antiques can offer potentially impressive returns for the long-term investor who prefers to keep his money right where he can see it.

For those looking for a quick return on their investments, collecting expensive illiquid assets like antiques is indeed a bold move, but despite what many consider to be the limited market for such high-dollar, special-interest pieces, local dealer Dexter Augier says the global market for antiques isn’t going anywhere anytime soon.

Four Southeast Texas credit unions among Top 200 healthiest of 2015

Four Southeast Texas credit unions were named in the Top 200 Healthiest Credit Unions list for 2015. Neches Federal Credit Union placed 35th on the list. FivePoint Credit Union placed 75th. DuGood Federal Credit Union placed 166th and Mobiloil Credit Union placed 174th.

New Beaumont Chamber president talks TWIA, building relationships, and motorcycles

Regina Lindsey, who took over as Greater Beaumont Chamber of Commerce president in June, has spent most of her first two months on the job getting acquainted with the Chamber and its members. While she is originally from Houston, Lindsey graduated from Burkeville High School in the small East Texas Pineywoods town about an hour north of Orange on Highway 87. It was there she met her husband, Stanley. The couple has two grown children.

Sales tax distribution up statewide but down in Beaumont

Texas Comptroller Glenn Hegar announced July 8 that he is distributing $609.8 million in sales tax revenue to Texas cities, counties, transit systems and special purpose taxing districts for the month of July. This figure represents a 1.2 percent increase from sales tax allocations distributed in July 2014.

Hegar also said that in the month of June, state sales tax revenue saw its first decline following 62 consecutive months of growth, down 1.4 percent from June 2014.

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