Tag: stock market

Why Uber Is Losing Money

Why Uber Is Losing Money

Uber is going public at a valuation of over $75 billion. The world’s biggest ride-hailing business is hitting the market just weeks after smaller rival Lyft. When you think about the excitement surrounding Lyft, multiply that for Uber. This is more global. It’s diversified. So there’s certainly a lot of excitement from public market investors. …

How Anyone Can Invest And Become Rich

How Anyone Can Invest And Become Rich

On July 26th, 2018, Mark Zuckerberg lost 15 billion dollars in a single day. And that’s mainly because facebooks stock price dropped from 209 to 174 causing the company to lose 120 billion dollars overnight. Just to comprehend that number, That’s more than what some of the biggest US companies worth such as Starbucks. In …

How Much Does Long Term Care Cost?

How Much Does Long Term Care Cost?

Robert Brokamp: Part of what’s scary about it is that people see the stats on long-term care and the expenses and think “there’s no way I can do anything about it, so I’m not going to do anything.” Just so we can scare everyone, let’s do some of those stats. Alison Southwick: Woo-oo-oo-ooh! Scary stats! …

How Instagram And Facebook Make Money

Every day, more than two billion people use Facebook, Instagram, WhatsApp or Messenger. That’s more than a quarter of the world’s population. And despite a rising number of privacy scandals and public backlash, Facebook is still growing. Total revenue for 2018 was $55.8 billion, up 37% from 2017. But with all of those users paying …

Why Rich Rebuilds Is Opening A Tesla Repair Shop

Why Rich Rebuilds Is Opening A Tesla Repair Shop

The genesis of Electrified Garage was such that a lot of people started reaching out to me because of the YouTube channel. People that want to get issues resolved with their Teslas. And at the time, Tesla was super busy, they didn’t have time to get people in for appointments. When many owners try to …

Why The Inequality Gap Is Growing Between Rich And Poor

Why The Inequality Gap Is Growing Between Rich And Poor

For 40 years, the U.S. led global economy has produced an enormous improvement in human welfare. Since 1981, the proportion of the world’s population living in extreme poverty on less than a $1.90 per day has fallen from 42 percent ,to 10 percent. But in countries with advanced economies, inequality of income and wealth has …