Tim DenninginThe Startup·17 hours agoMember-onlyWhat Rich People Hope We Never Find out (Which Keeps the Average Person Poor)You’ve been lied to about compound interest — Rich people. Some want them taxed to death. Others worship them. Me? I just learn from them. I don’t seek to be some show-off driving a Ferrari down Hollywood Boulevard or sipping margaritas at a private villa in Spain for $5000 a night. Nope. My goal is to make enough…Finance8 min readFinance8 min read
Kevin ShaninDataDrivenInvestor·23 hours agoMember-onlyWhy Warren Buffett’s Advice To Invest Into An S&P 500 Index Fund Is So Powerful For Growing MoneyNot all of us can spend hours every day researching companies and stocks. — Recently, I’ve been spending a ton of time researching options and looking at various covered call ETFs. All this research made me think back to when I first became interested in stock investing in middle school. Things were much simpler back then. All I did was pick stocks for companies…Finance7 min readFinance7 min read
Jared A. BrockinSurviving Tomorrow·1 day agoMember-onlyUniversal Basic Income Won’t Work and Here’s WhyIt’s mathematically impossible for UBI to succeed in our corrupt economy — 100+ million Americans are underpaid, underopportunized, underemployed, and/or unemployed. Real wages haven’t risen since 1978. Rent is unaffordable in every single state in the union. Purposefully-created inflation has devoured the purchasing power of the working class and shattered the middle class. Plus AI and automation threaten to destroy 40% of…Finance5 min readFinance5 min read
Amanda Claypool·2 days agoMember-onlyAmerica is Becoming Less Productive — Are These Key Industries to Blame?If you’re celebrating the May jobs report you might want to pump the brakes. Jobs tend to be a political measure of success. They don’t necessarily reflect the economic reality we’re living in. It’s not so much about how many jobs are being created but what types of jobs are…Finance6 min readFinance6 min read
CyberPunkMetalHead·1 day agoDo Kwon is Out on Bail, Says He is a Victim of Political ConspiracyDo Kwon, the co-founder of Terraform Labs and the creator of over $40 billion in losses, has been released on bail by a court in Montenegro after a successful appeal against the prosecution’s request to keep him in custody. Do Kwon and his associate Han Chang-Joon, the former finance officer…Finance3 min readFinance3 min read
Lakshay Dhingra·18 hours agoMoney Laundering Demystified: Understanding the Mechanics Behind Illicit Financial ActivitiesHave you ever wondered how criminals manage to transform their illicit fortunes into seemingly legitimate wealth? How do they use the money obtained from illegal activities like extortion, kidnappings, robberies, land grabs, and smuggling in plain sight without worrying about law enforcement agencies? The answer lies in the shadowy world…Finance7 min readFinance7 min read
Aldric CheninMaking of a Millionaire·14 hours agoMember-only3 Popular Money Ideas Mid-40s Openly Turned Their Back On (That Surprised Me)And I’m hitting the Big 4 — Money. The 5-letter word that drives us mad. If that isn’t annoying enough — We are confronted by different money challenges at different stages of our lives. During my teens — I struggled to find more pocket money. In my first job — My mind was all about a higher…Finance4 min readFinance4 min read
Sofien Kaabar, CFA·1 day agoMember-onlyLooking at Volatility Bands From Another AngleShowing an Interesting Bollinger Bands Trading Technique — Bollinger bands represent one of the basic indicators to know in technical analysis. However, there are many ways of using it. This article presents a technique to be applied on Bollinger bands. The Fibonacci Trading Book is finally out! Filled with Fibonacci-based trading methods (tools, indicators, patterns, and strategies), this…Finance4 min readFinance4 min read
Anthony EichbergerinBouncin’ and Behavin’ Blogs·13 hours agoMember-onlyWhat Last Month’s ‘Debt Ceiling Crisis’ Taught Me About MyselfAnd what the May 2023 political standoff reinforced, from my perspective, about the rest of society — As someone who has struggled with suicidal tendencies throughout life, my constant anxiety is never fun. In addition to having to constantly explain my autistic existence to the rest of the world, my high blood pressure and high cholesterol puts me at heightened long-term medical risk. For those who missed…Finance7 min readFinance7 min read
LeewayHertzinBecoming Human: Artificial Intelligence Magazine·1 day agoThe Rise Of AI In The Banking And Finance Industry: Use Cases And ApplicationsArtificial Intelligence (AI) has emerged as a transformative technology across various industries, and banking is no exception. In recent years, banks have increasingly adopted AI to enhance operations, improve customer experiences, and optimize decision-making processes. …Finance5 min readFinance5 min read