Share to Twitter Share to Linkedin Do-it-yourself labor has powerful economic forces at its back. You can participate—or invest. I broke the mirror on my pickup. To replace it (parts, labor, tax) my friendly dealer wanted $431. There would be a wait, because the parts would have to be ordered and openings in the service schedule were scarce. Impatient, I located a Chevy dealer on the other side of town with the parts in stock. They cost me $203. A YouTube video told me how to take apart a truck door. In an hour I had the mirror mounted and the door reassembled. My effective salary during this hour: $228. Tax free. I’m not going to pay a nickel of income or payroll tax on this money. Have you thought about all the ways you could make a side income by acting as your own pro? Tax preparer, pastry chef, plumber—be all you can be. Or, if this sort of thing scares you, just invest in the D-I-Y phenomenon. Below, suggestions for stocks that would … [Read more...] about Make $228 An Hour In Your Spare Time
Youtube losing money
Live from InvestFest with Downtown Josh Brown, BitBoy Crypto, and Lamar Wilson
U.S. stocks continued to claw their way back last week, especially growth stocks . For the week, the Nasdaq posted a gain of 2.2% and the S&P 500 rose 0.4%. The Dow? Not so much, sliding just 0.1%. A blowout jobs report for July offered up another dose of good news for the economy and not-so-good news for the stock market, but equity investors hung in there. U.S. employers added 528,000 jobs to their payrolls last month , which was more than twice what was expected, and that added credence to the Federal Reserve 's stance that the U.S. economy is not in a recession given the continued strength of the labor market. So, the thinking goes, the Fed will continue to be aggressive in raising interest rates to cool down inflation, because it's not impacting companies' willingness to hire. That led to a steep selloff in U.S. Treasurys, with the yield on the 10-year Treasury note ending the week at 2.83%. Oil prices continue to tumble, hitting their lowest level since early … [Read more...] about Live from InvestFest with Downtown Josh Brown, BitBoy Crypto, and Lamar Wilson
Be Your Own Platform
Owning and operating any well-positioned platform is a fabulous idea and quite lucrative -- as long as you're on the right side of it. Being the "product" of a platform like Google , which takes your attention and mindshare and then slices and sells it, obviously isn't as much fun or as financially beneficial. Being a Google user is a lot like being the patsy in poker. But as remarkably astute and technically clever as the developers of these huge aggregations of humanity like Facebook and Google have been, their most critical and game-changing insight -- which basically turned them into the gatekeepers of the world -- has been figuring out just how lazy we all are. How we readily trade our privacy, attention, and ownership of our personal data for convenience, ease of access, and to save time. Instead of taking all of the five minutes required to sign up for a new service or site on the Web, hundreds of millions of us opt every day to link and subscribe using our … [Read more...] about Be Your Own Platform
Reality Finally Crashes Into Alex Jones’ Twisted Fantasy World
Share to Twitter Share to Linkedin A gleeful streak of schadenfreude shot through the internet on Wednesday, as a video clip of Alex Jones realizing that his own attorney accidentally sent a digital copy of Jones’ entire cellphone to the lawyers suing him on behalf of Sandy Hook parents went viral. Jones’ attorney has been compared to Lionel Hutz, the comically inept lawyer from The Simpsons , while the clip has been remixed to the music from Curb Your Enthusiasm ; although, the clip hardly needs an edit - it’s hilarious just the way it is. Jones is currently facing the first of three damages trials to determine how much money he owes the Sandy Hook families, after he spent several years airing deranged conspiracy theories concerning the school shooting on InfoWars, casting doubt on almost every horrific detail. Jones has a history of describing school shooting victims and survivors as “crisis actors,” often framing tragic … [Read more...] about Reality Finally Crashes Into Alex Jones’ Twisted Fantasy World
Editor Daily Rundown: Dem Circular Firing Squad Surrounds Biden
MORE PROOF GOVERNMENT LOCKDOWNS CRUSHED AMERICA… WSJ: Red States Are Winning the Post-Pandemic Economy The pandemic has changed the geography of the American economy. By many measures, red states—those that lean Republican—have recovered faster economically than Democratic-leaning blue ones, with workers and employers moving from the coasts to the middle of the country and Florida. Since February 2020, the month before the pandemic began, the share of all U.S. jobs located in red states has grown by more than half a percentage point, according to an analysis of Labor Department data by the Brookings Institution think tank. Red states have added 341,000 jobs over that time, while blue states were still short 1.3 million jobs as of May. Several major companies have recently announced moves of their headquarters from blue to red states. Hedge-fund company Citadel said recently it would move its headquarters from Chicago to Miami, and Caterpillar Inc. plans to move from … [Read more...] about Editor Daily Rundown: Dem Circular Firing Squad Surrounds Biden
NFTS Explained–and Why One NFT Recently Sold for (Yep) $6.6 Million
Last October, Pablo Rodriguez-Fraile purchased a 10-second video artwork clip by the artist Beeple. He could have watched it for free. Instead, he paid nearly $67,000. Then, a few weeks ago, Rodriguez-Fraile sold it to another collector for $6.6 million . Welcome to the world of the non-fungible token, or NFT. What Are NFTs? Let's break it down. In simple terms, "non-fungible" basically means unique. A $20 bill is fungible -- if I trade mine for yours, we both still own the same thing -- but Van Gogh's Starry Night is one-of-a-kind. That painting is unique, and therefore non-fungible. And in this case, a "token" is a type of blockchain virtual currency that represents a specific asset. So in the case of the digital artwork owned by Rodriguez-Fraile, the non-fungible asset is the video. The token documents its uniqueness, authenticity, and history of ownership. Hence, NFT. All of which might sound odd, especially when you consider … [Read more...] about NFTS Explained–and Why One NFT Recently Sold for (Yep) $6.6 Million
DSWD’s ‘Makapili’-style reward system opposed
Social Welfare Secretary Erwin Tulfo (Photo from the Facebook account of the Department of Social Welfare and Development) MANILA, Philippines — The plan of Social Welfare Secretary Erwin Tulfo to expose undeserving beneficiaries of the government’s cash aid program could just pit neighbor against neighbor, similar to the ways of the much-loathed “Makapili” spies during the Japanese occupation, one of his predecessors said on Wednesday. Tulfo on Tuesday said one way to “clean” the list of beneficiaries of the poverty reduction measure for the poorest of the poor Filipino families called Pantawid Pamilyang Pilipino Program (4Ps) was to offer a reward of P1,000 for every unqualified beneficiary pinpointed by anyone. A tipster can report as many ineligible aid recipients as he can to the Department of Social Welfare and Development (DSWD) hotline or to its official Facebook page, but each one has to be verified by social workers before the reward is paid. That bounty system … [Read more...] about DSWD’s ‘Makapili’-style reward system opposed