Imagine combining the power of crowd-sourced information with real-time traffic updates. The result is an app called Waze. Users report traffic activities happening nearby. You’re alerted to upcoming obstructions—like a traffic jam or road work—on your route. Users also share info like where the cheapest gas stations near them are located. In addition, Waze warns […]
Dr. Udo Ulfkotte is editor of the Frankfurter Allgemeine Zeitung. It’s the second-largest German newspaper. That’s the equivalent of The New York Times in the U.S. It has readers in 148 countries. Ulfkotte admitted he planted stories written by the U.S. Central Intelligence Agency (CIA) in his newspaper. He says he’s only coming out now […]
Do these five things instead… From Mark Ford: In my ongoing effort to shock you with contrarian (and sometimes counterintuitive) truths about building wealth, I give you this little nugget to chew on today: You cannot become wealthy by investing in the stock and bond market. (Please keep this on the down low. If my […]
Greece is another topic causing fear in the markets today. Many people fear the new Greek government will choose to default on its debt… and send Europe into chaos. That would send global markets into a sell-off. But it’s important for investors to understand the type of sell-off a Greek default could trigger. One type […]
From Teeka Tiwari, Chief Analyst, Mega Trends Investing: The last time we saw oil drop this big and this fast was 2008. Oil has now dropped 58% to around $45 per barrel. Just like last month, oil-related fears continue to plague the market. Investors are starting to panic. They can’t understand how the price of […]
Ten years ago, you couldn’t put on late-night television without stumbling across a real estate infomercial… The market was booming then. It seemed like everyone was “fixing and flipping” their way to instant riches. “You too could get into lucrative property deals for not one cent out of pocket…” What a difference a decade makes. […]
“I acted overzealously… causing you devastating losses.” CNBC reports hedge fund manager Owen Li had over $100 million assets under management in March of 2014. By the end of the year, the fund had lost all but $200,000. Li explained he made a series of “aggressive transactions” in the last three weeks of the year […]