Author: Ken McElroy
Source: Youtube: Getting Started in Real Estate? You NEED to know this… (How to PROFIT with Real Estate)
For well over one century, stocks have been the best bet to create life-changing wealth. Even though the stock market will not outperform gold, housing, or bonds each year, it is delivered the greatest average yearly return over the previous century.
However, the leadership of stocks has been tested in a huge way recently by the emergence of cryptocurrencies. Many of the top digital tokens have beaten the S&P 500 many times over. Arguably taking the charge of late is the meme coin called Shiba Inu. But the many deficiencies of Shiba Inu means that its longer-term prospects are very poor.
Instead of investing your funds into this dangerous crypto, why not invest in the upcoming two supercharged stocks, both of which can beat Shiba Inu crypto over the incoming five years.
Airbnb
One company with supercharged growth possibilities that can leave Shiba Inu eating the dust is short term rental platform Airbnb.
What makes Airbnb so special is its efforts to totally upend the traditional travel and hotel industries. Bookings for stays climbed over 400% in the three year time frame that ended on Dec. 31, 2019, and it now has over 4 million homeowners giving their properties for stays. In general, Airbnb offers cheaper, more convenient, and more privacy than normal hotels.
Interestingly, the company’s fastest-increasing segment is long-term stays, which are said to be as rental periods longer than 28 days. As workforces get more mobile in the wake of the pandemic, these high-margin long-stay people could become Airbnb’s crucial growth driver.
Ping Identity Holdings
Another supercharged and growing stock that has the possibility to beat Shiba Inu over the upcoming five years is Ping Identity.
Ping Identity is a cybersecurity stock centered on identity verification solutions. The company’s cloud-based platform uses artificial intelligence to grow better at identifying and replying to possible threats over time. It works along with on-premises security products to give more thorough monitoring after users have gained access to the sensitive data.
The great thing about cybersecurity is that it has evolved into a basic-need service. No matter how well or badly the United States economy is performing, robots and hackers do not take one day off. This means double-digit growth can be expected for Ping going forward.
Author: Scott Dowdy
Following the Altair upgrade of the Ethereum network, the protocol’s native crypto went to a new all-time record high. Altair is the next step for Ethereum’s proof-of-stake (PoS) move. However, a newly submitted white paper says that a group of Stanford University scientists along with the Ethereum Foundation think there are three vectors of attack “against a proof-of-stake Ethereum” blockchain.
The Ethereum network now has a PoW (proof-of-work) mechanism and in time, the protocol wants to completely move into a PoS network. New upgrades such as Berlin, Altair, and London have been applied to help the move to PoS. Just recently, after Altair was finished, the price for ether skyrocketed to new all-time highs at $4,467 each.
At this same time, network transfer fees have also went up significantly as much as $50 for the average ether transaction this Saturday morning. Furthermore, this Saturday morning in the United States vertical trends from Twitter showed the term “ETH 2.0” started going up. Some of the people discussing the ethereum 2.0 upgrade have published a new white paper written by scientists from Stanford and the Ethereum Foundation.
The BTC supporter Tuur Demeester shared this paper over the weekend and two quotes from the paper that say how an adversary might attack the chain. The paper said to be “Three Attacks on Proof-of-Stake Ethereum” was written on October 19.
Quotes from ETH 2.0 attacks paper, via @KyleLogiks:
“With 99.6% probability an adversary with .09% stake can execute a 1-record for any given day”
“Under adversarial network delay, an adversary can perform a 10-reorg by merely controlling 19 validators”https://t.co/HGazdB0acV pic.twitter.com/MsZoyUGdev
— Tuur Demeester (@TuurDemeester) October 30, 2021
The white paper was done by Joachim Neu, Caspar Schwarz-Schilling, Barnabé Monnot, Ertem Nusret Tas, Aditya Asgaonkar, and David Tse. The white paper says that two Ethereum network attacks were possible in recent times and the paper’s writers refined these techniques.
In addition to their refinement of the first two attacks which theoretically form a “short-range reorganization” and one “adversarial network delay,” the Stanford scientists also had a third attack.
“Combining techniques from these refined attacks, we made a third attack which allows a person with a very small stake and no propagation control to cause an even long-range consensus chain reorganization,” the paper’s authors said.
Meanwhile, critics of the Ethereum network used this paper to showcase the potential vulnerabilities connected with these attacks when the network moves to a complete PoS system. The creator of the Chia project and Bittorrent, Bram Cohen, also mentioned the new study this Saturday.
Some issues with ETH2 consensus "we obtain a third attack which allows an adversary with vanishingly small fraction of stake to cause even long-range consensus chain reorganizations" https://t.co/Vz3KG3ai1W
— Bram Cohen???? (@bramcohen) October 30, 2021
Author: Steven Sinclaire
Almost two years after the covid pandemic started, some of the worst-hit workers inside essential industries are still hurting financially. Many people were forced to go into their savings to pay for important essentials, including equipment needed for work and child care.
To help people with those expenses, the federal government has created a new $700 million relief check — essentially a new kind of stimulus. These payments will be given to only eligible applicants.
Those who qualify could have their household expenses paid for or pay down their debt — and there is still time to apply.
Funding for essential food workers
Meatpacking and farm workers will get money through a new Food and Farm Workers Relief grant program, which was recently announced.
The U.S. Dept. of Agriculture says grocery employees also can apply to get some of this cash.
The Americans who will qualify for the payments who work within food-related sectors, where sheltering in place or working remotely was not possible.
These new stimulus is being given out by state agencies and nonprofits, who will apply for the funds, then give the money out to the workers.
So far, the USDA has not said when eligible people can apply for their money, but earlier this month officials said to Monterey Herald in the state of California that employees would learn more this incoming fall.
Stimulus check amount
Meatpackers and farm workers are now entitled for up to $600 for pandemic related health and safety costs, including any protective equipment or child care expenses connected to quarantining or testing, the USDA says.
Around $20 million of the total $700 million will be used for grocery store workers. However, the total for individuals in that line of work is not yet public.
“Our meatpacking, farm and grocery workers fought against unprecedented hard times and took on huge personal risks to guarantee Americans could sustain and feed their families through the pandemic,” says Agriculture Sec. Tom Vilsack, in a media release.
“They deserve to be recognized for their work and financial support for their sacrifices to meet personal and family needs while also providing essential services to America,” Vilsack says.
Author: Steven Sinclaire
Author: HashRaptor
Source: YouTube: How to Build a Cryptocurrency Mining Shed for $7,500 | Complete Overview
Retirement is a great time for freedom for most Americans since you no longer have to spend your days earning a living.
But while you are free to indulge in your hobbies and decide how to spend your days, you still have to be smart about your financial decisions and guarantee that you use good habits.
To help guard your financial security during your retirement years, here are three habits to stick to before leaving your job.
1. Living within a budget
Careful budgeting is very important for retirees to guarantee they can meet their core expenses. That is especially true since most seniors get a fixed monthly income and have high costs for their medical services.
A budget allows retirees to use their dollars on stuff that matters the most, while also ensuring they do not run low and end up going into debt or withdrawing too much money out of their retirement accounts.
Budgeting also allows them to spend better so they can enjoy their new freedom. For some retirees, having the funds to travel or spoil the grandchildren is very crucial. A budget allows them to find cuts they can make to free up funds for this reason.
2. Living within your means
Retirees usually get a set amount of money from Social Security and the rest comes from savings.
To preserve this nest egg, seniors should ensure they get a safe withdrawal rate and do not take too much from their investment accounts too fast. One way is to follow the 4% rule and only take out 4% of their retirement account balance this first year, adjusting upwards for incoming inflation in the coming years.
Retirees need to ensure they are not spending more than they can afford while keeping a safe withdrawal rate. That means living inside their means.
3. Rebalancing your investment portfolio every year
Finally, seniors should also get into the habit of routinely looking over their investment portfolios to guarantee they have a good mix of assets.
Over time, your portfolio might become too heavily linked to one particular kind of asset or in a specific sector. When this happens, you might be exposed to too much risk. This could be dangerous for any one investor, but especially for those getting close to retirement who might not have the time to recover from these losses or wait for the stock market to come back after a crash.
Author: Steven Sinclaire
Which company today can stand the test of time? There are plenty of them that have a good chance and this list includes some big drugmakers. These companies can invest billions of dollars into the research and development needed to stay relevant over a long time frame.
But after asking many experts which is best, we think we have one pharma stock that you can dependably buy and keep forever.
Bristol Myers Squibb
Finding companies that can stand difficult times is a hard task. An excellent way to do this is to look at the companies that were around for some time. Pharma company Bristol Myers Squibb fits this bill. This drugmaker’s past dates back to more than 100 years, putting it into a very exclusive group. But the past is not the present, and it is not always proof of what will happen next.
Fortunately, there are plenty of reasons to think Bristol Myers still has a lot of lucrative years ahead of it. Consider the firm’s lineup of drugs, which has no less than eight hit products. That is impressive, and most of these products are still boosting their revenue by as much as double-digit percentages. The firm’s top three products, anticoagulant Eliquis, multiple myeloma treatment Revlimid along with cancer drug Opdivo, boosted their sales by 29%, 11%, and 16% y/y, respectively, during Q2.
It is also worth looking into Bristol Myers’ future pipeline, which has over 50 clinical compounds currently in development along with dozens of continuing clinical trials. Regulatory successes are usually routine for this pharma company. Thanks to their expansions and fresh approvals, it can replenish its drug lineup as patent protection goes away on its older products.
This dynamic guarantees that Bristol Myers will keep growing its earnings and revenues at a good rate. That is great news for its stock, and it will help maintain its healthy dividend record. The firm currently gives a yield of 3.39% — a lot higher than the S&P 500’s yield of 1.38%. Bristol Myers has raised its dividends by 19.5% in the previous three years, and with a well-selected payout ratio around 36.3%, it can afford big dividend increases.
Bristol Myers’ shares are now dirt cheap, trading at only 7.8 times forward earnings, which is better than the average forward p/e ratio of 13.3 for its industry. At these numbers, Bristol Myers looks like the perfect buy. And while there are undoubtedly going to be problems along the way, investors who stick with it and keep the stock for some time will be glad they did.
Author: Blake Ambrose
Square and Twitter founder Jack Dorsey’s recent warning that “hyperinflation” was around the corner is now getting some elite insider pushback, including getting a thorough rebuttal from top technology investor Cathie Wood.
Hyperinflation is going to change everything. It’s happening.
— jack⚡️ (@jack) October 23, 2021
In a tweet recently, Dorsey, who is the leader of Twitter and Square, warned that a devastating issue, defined as unrestrained and rapid price increases running around 50% per month or more, could “change everything” soon.
The tweet came as concerns about increasing inflation pressures have shaken debt markets, causing traders to push forward with expectations for interest-rate boosts and leading to fears that central banks, like the Federal Reserve, will get more aggressive than previously thought, risking an economic downturn.
High-profile stock investors, including hedge-fund insiders like David Einhorn and Paul Tudor Jones, have said that the Fed’s leaders are inflation creators instead of inflation fighters. But Dorsey’s use of the “H”-word seemed to take the debate further.
It also led to Wood posting a detailed Twitter message, rebutting Dorsey’s statements, while saying that she had in the past succumbed to the fears of inflation that did not show after the Fed started quantitative easing during the 2007-09 recession.
An increasing velocity of money — which is the rate at which money is moved between people in the economy — was the missing piece of the puzzle then and now, she said.
Wood, who is now known for large bets on cryptocurrencies and tech, then went on to reveal what she sees as much larger deflationary force at work and could be likely to outweigh short-term inflation that was created by supply-chain problems.
These include tech innovation, which is the “most potent” force for deflation, she said, using AI as one example:
Now we believe that three sources of deflation will overcome the supply chain-induced inflation that is wreaking havoc on the global economy. Two sources are secular, or long term, and one is cyclical. Technologically enabled innovation is deflationary and the most potent source.
— Cathie Wood (@CathieDWood) October 25, 2021
Another source of these deflationary pressure might come from “creative destruction,” she stated:
The second secular source of deflation could be creative destruction, thanks to disruptive innovation. Since the tech and telecom bust and the Global Financial Crisis in 2008-09, many companies have catered to short-term oriented shareholders who want profits/dividends now….
— Cathie Wood (@CathieDWood) October 25, 2021
And then there was the “cyclical” path of deflation that would be seen as supply bottlenecks are fixed:
The third and most controversial source of deflation is cyclical. Because businesses shut down and were caught flat-footed as goods consumption took off during the coronavirus crisis, they still are scrambling to catch up, probably double- and triple-ordering beyond their needs.
— Cathie Wood (@CathieDWood) October 25, 2021
Wood rode the rally to greater gains in 2020, with her popular ARK Innovation ETF ARKK, bringing in over 150% in profits. 2021 has proven a difficult ride, with the ETF now lower by over 20% from its Feb. high and down more than 2% ytd.
Author: Steven Sinclaire
Bakkt Holdings stock has skyrocketed by over 200% in the previous five days alone. The company went public through an SPAC this October 15, riding the bullish wave in Bitcoin. News about partnerships with giant financial companies also helps to explain why the company had a recent surge.
Reddit investors have noticed the stock too, as the volume of comments about it has gone up. Today, we look at this stock and why it could still be very compelling.
What is Bakkt Holdings and why did it go up?
Bakkt Holdings offers cryptocurrency custody and services. The company’s vision: to enable people to unlock value from their digital assets. The company has said its addressable market is more than $1.6 trillion in digital assets across cryptos, loyalty points, rewards, gift cards, and gaming assets.
On October 15, the firm went public with an initial price of $9.45, and then dropped 8% during the first four trading days. But on the fifth day, the stock went on a huge rally and shot up over 250% to the peak.
On October 25, Bakkt made partnership with Mastercard to offer crypto solutions. The deal was about increasing the adoption of crypto services and allowing the digital ecosystem to grow.
On this same day, Bakkt also announced a partnership with Fiserv to expand their capabilities – like moving money into mobile wallets and allowing practical uses of cryptocurrency and other new assets.
Both of these announcements were likely pivotal in causing BKKT to shoot up so fast.
Is there still opportunity?
According to experts at Allied Market Research, the value of the crypto service market (which is hardware and software that allow the exchange and storage of assets) should go up by around 13% per year through 2030. Demand for more transparency and international remittances in global payments systems are important growth drivers.
We believe that Bakkt might be a “moonshot play” – that is, a high-risk but possibly high-reward bet on the crypto industry that is still being formed today, but that has great growth potential like almost nothing else.
Author: Blake Ambrose