“An intern could earn the equivalent of [service workers’] entire annual income in three short months.” That’s a quote from Samantha Allen at The Daily Beast. She reports Silicon Valley interns—many still in high school—can earn $6,000-10,000 per month working for firms like Google, Apple, and Facebook. They also often receive an average of $3,000 […]
If you’re a regular Daily reader, you already have your risk-management protocol in place. You keep appropriate position sizes, you employ trailing stop losses, and you maintain a diversified asset allocation. With your risk under control, you may already hunger for new opportunities to profit from oil market volatility. After all, you’ve often seen us […]
“I don’t know how practical it is to try to kick shale out of the market…” So confides an anonymous oil minister from OPEC (the Organization of Petroleum Exporting Countries). Reuters reports the global oil cartel voted against cutting oil production worldwide on Friday. The group extended its current ceiling of 30 million barrels of […]
“I never say the words ‘I can’t’… I just simply say ‘I will try.’” That’s a quote from 77-year-old power lifter and grandmother, Willie Murphy. The two-minute clip below showcases her story. She dead lifts over twice her body weight. She bicep-curls over half her body weight. And she “dusts” the other women she runs […]
Almost 14 years… The Rydex family of mutual funds contains a bullish S&P 500 fund (the Nova Fund) and a bearish S&P 500 fund (the Ursa Fund). Yahoo Finance reports the Nova Fund now holds more than double the assets of the Ursa fund. That means that more than double the amount of investment funds […]
This is one of the rare ways being in debt helps the borrower Many readers may not realize it… but Mark doesn’t pocket one cent from his role at Palm Beach. His profits are all directed toward his Nicaraguan charity, FunLimón. Its mission is to assist in economic development and provide select social services to […]
“We want Berkshire to be an ever-growing collection of good businesses that we can hold forever.” That’s what master investor Warren Buffett said about his recent acquisition of battery-maker Duracell. The Wall Street Journal reports Buffett’s holding company, Berkshire Hathaway, acquired Duracell from Procter and Gamble Co. (P&G) in an unusual way. Berkshire already owned […]