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[Jermale Kunstler]

Granted, the show is set around a real estate agency in Los Angeles, it's the drama that plays out between the estate agents that makes it all the more compelling. Still, it's a question that comes up quite a lot - how much is the commission worth in the Oppenheim Group?

According to Maya Vander herself, the commission is typically 5% on each sale made. That 5% is then split between the person who represents the seller and the person who brings the buyer. After that, the broker - in this case, Jason Oppenheim - gets a cut of that 2.5%.

I subscribe to a plethora ofstock market informationservices. It comes with the job, you know. Earlier this week, several of these tools sent me a whole lot of news announcements, nearly buzzing that phone out of my pocket. I was in for an eye-opening discovery.

According to these unexpected notifications, Netflix (NASDAQ: NFLX) just split its stock. Oh? Maybe they announced it in that game-changing earnings report and nobody noticed? I guess it could happen.

These stock splits, all taking place on Wednesday, didn't actually involve the American stocks. Every single announcement was about each company's presence on the Argentinian stock market, at the Buenos Aires exchange.

Yes, Netflix and Apple really did split their stocks this week, but not because their listings on the NYSE and Nasdaq exchanges were growing too pricey. Most of them may get there soon, and I wouldn't be terribly surprised to see a normal Netflix split someday soon -- but Bank of America's shares only cost $33 each.

Things look very different on the Buenos Aires exchange, where investors must struggle with Argentina's incredible hyperinflation. Here, Netflix trades at roughly 14,700 Argentine pesos per share after Wednesday's 3-for-1 stock split. That's about $18 at current exchange rates. But things change fast in Argentina. In early December, the same stash of pesos was worth $41. A year ago, it was $79. It's no wonder that American companies feel the need to adjust their share prices amid this catastrophic exchange-rate trend.

The U.S. dollar's inflation rate briefly soared to 9.1% in June 2022. It was a painful jump with game-changing effects on business and personal finance in this country, sparking heavy-handed anti-inflation policies from every level of our government.

You might think the prices of American stocks on the Buenos Aires exchange are a low priority in times like these. However, Argentinians with the means and foresight to invest in these stable value stores have a powerful financial tool in their hands. As the peso loses its value, alternatives such as stocks, physical gold, or Bitcoin (CRYPTO: BTC) become incredibly important. Other defensive options include real estate holdings, cars, or bills and coins in foreign currencies such as the dollar.

The total value of Netflix, Toyota, and Apple shares on the Buenos Aires market are always in lockstep with their underlying American counterparts, filtered through the effective currency exchange rates and different number of shares. Tapping into your foreign stock holdings (and other stable assets) can keep food on your table when the pesos in your pocket are turning worthless.

This reminder of the Argentine inflation crisis may not improve my investing strategy by much, but those buzzing notifications opened my eyes to the sheer scale of this monetary disaster. Now I understand why Netflix pointed to the falling peso as a 3% currency-exchange headwind for its top-line growth in the next quarter. And the American situation doesn't seem likely to mirror the Argentine crisis anytime soon, but a healthy reserve of gold or Bitcoin could be a life-saver if the next local inflation crisis is any worse than the recent one.

These stock splits, initially a curiosity, reveal the profound impact of global economic shifts. They underscore a vital truth for investors: the importance of vigilance in an interconnected world and the wisdom of diversifying beyond the traditional stock market. Diversify, stay alert, and maybe keep some Bitcoin or gold handy for a rainy day -- because when it rains on the scale of a national economy, it really pours.

Bank of America is an advertising partner of The Ascent, a Motley Fool company. Anders Bylund has positions in Bitcoin, International Business Machines, and Netflix. The Motley Fool has positions in and recommends Apple, Bank of America, Bitcoin, and Netflix. The Motley Fool recommends International Business Machines. The Motley Fool has a disclosure policy.

Although they were well off by ordinary standards, Forbes last year pegged their net worth at a fairly modest $10 million, including the remains of Harry's inheritance from his mother, Princess Diana, and the equity the pair have in their California mansion. They were also financially cut off from the British Crown's estimated $34 billion estate.

The answer, ironically, was to cash in on public fascination with the glamorous couple who dared to flee the royal family's gilded cage, along with the incessant media scrutiny their official roles entailed. And despite the mixed critical reaction to their new Netflix documentary series, "Harry & Meghan," what is certain is the venture has made them much richer.

According to the Independent, Diana left an estate worth nearly 13 million pounds to be split by her two sons, which grew to 20 million pounds by the time they could legally access it at age 30. That means Harry's share was roughly 10 million pounds, or $12.2 million at current exchange rates.

Harry and Meghan have about $5 million in equity on their mansion in Montecito, California, which carries a mortgage worth nearly $10 million, although they are reportedly looking to move, according to TMZ.

Before the couple married, Meghan was an actor, then known as Meghan Markle, and ran a lifestyle blog. The bulk of her income came from her appearances on the USA Network drama series "Suits," for which she was paid $50,000 per episode.

After breaking with the royal family, Harry and Meghan founded Archewell Productions, an offshoot of their nonprofit organization, with the stated goal of creating "programming that informs, elevates and inspires." The company signed a multiyear production deal with Netflix estimated to be worth between $100 million and $150 million, according to Deadline and Us Weekly.

Under the multiyear deal with Netflix, the couple will produce documentaries, scripted shows, feature films and children's programming, although they've said reality shows are out, according to Town & Country. One series in development follows participants in the Invictus Games, a charity founded by Harry that offers athletic events to injured military veterans, CNN reported last year.

Harry's memoir, "Spare," which the Associated Press dubbed "an object of obsessive anticipation," is set to be released by Penguin Random House next month. According to the publisher, the book will deliver "raw, unflinching honesty" as well as "insight, revelation, self-examination and hard-won wisdom about the eternal power of love over grief."

Harry received an advance of $20 million last year when he sold the book, Page Six reported. The deal includes as many as three other books from the couple, as reported by Vanity Fair. The publisher has also agreed to make two charitable donations totaling $1.6 million as part of the deal, th BBC reported.

Through Archewell Audio, Meghan and Harry also produce podcasts for the streaming service Spotify under a three-year deal. Meghan's first podcast with the company, a series called "Archetypes," has featured guests such as Judd Apatow, Amanda Gorman, Mindy Kaling, Issa Rae and Serena Williams. This week the series won the People's Choice Award for podcasting.

The couple also have plenty of other creative endeavors whose financial value is unknown. Before Harry left the royal family, he had inked a deal with Oprah to executive produce an Apple TV series on mental health. Harry and Meghan have also signed on with speaking agency Harry Walker, whose roster of A-listers includes the Clintons, the Obamas and Oprah.

First, CDRs allow investors to purchase fractions of shares. For example, if each share of Netflix is trading at $275 USD per share. Each Netflix CDR might represent 1/20th of a share for $18 CAD (after considering the value of each base currency). Fractional ownership might be helpful to some small investors who cannot afford to buy a whole share.

With CDRs, CIBC as the sponsor/issuer will dynamically hedge the foreign exchange price fluctuations between the US and Canadian dollar values. This means CDR investors can separate the value of the underlying stock from the changes in value between the US and Canadian dollar.

But like fractional ownership, the benefits of using CDRs for their currency hedging benefits is overblown. Investors should wonder whether the value of the US dollar is a risk that needs to be hedged at all or whether Canadian investors are better off accepting this risk instead. Since, during economic downturns, the US dollar typically gains in value (for a variety of reasons). This natural hedge provides Canadian investors with diversification and a cushion during downturns. Canadian investors should wonder whether holding some investments in US dollars is a benefit they would want to protect against?

CIBC is entitled to adjust the CDR Ratio to compensate CIBC for actual out-of-pocket costs and expenses incurred in connection with non-ordinary Corporate Actions (such as distributions or exchanges of securities upon a merger event or spin-off transaction), but the amount of such costs and expenses will not exceed 0.10% of the aggregate value of the CDRs of the relevant series according to CIBC.

A hidden cost of using CDRs is their liquidity as represented by the bid/ask spread. Each time an investor places a market order, they pay for the difference between the highest price other investors are willing to buy and the lowest price other investors are willing to sell.

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