ELON MUSK’S IRE REVEALS A WALL STREET SILICON VALLEY DIVIDE

 

Wall-Street and Silicon-Valley have not been bed-fellows that are happy and which was on complete display this week during Tesla’s every three months earnings call. These calls are usually dull affairs, with CEOs or CFOs reading a prepared script summarizing the already-released economic results and articulating the main goals of this company that have, presumably, been stated before. Then Wall Street experts ask a few questions about the outcomes, strategies, and strategy that executives artfully dodge or clearly answer. Just like press conferences, the format doesn’t lend itself to spontaneity.

Except whenever company is Tesla as well as the Chief Executive Officer is Elon Musk. The press following this week’s call was intensely critical of Musk for dismissing questions, refusing to look into financial details, and musing about robo-Ubers and autonomous trucks that are electric into rail transportation. More than most, the call exposed the starkly different viewpoints of Wall Street therefore the valley. Musk obviously is avoiding some hard questions regarding Tesla’s monetary viability. But it’s similarly true that the phone call uncovered how limited Wall Street can be about visions money for hard times and the required steps to make new templates for doing old things.

Musk just isn’t your typical Chief Executive Officer, needless to say, with his several interlacing organizations and also his ability so far to convince investors to get along for a ride that promises the moon or perhaps Mars in the case of their SpaceX and delivers no earnings while accepting a large amount of debt. But even by those standards, his refusal to answer basic questions about, state, how much cash Tesla is burning through and also whether or not the company has an agenda to continue subsidizing and also capitalizing their expenses struck Wall Street as odd and an indicator of deep problems. Exactly what caused this call-peculiar the way Musk-dismiss sober-question was by highly regarded Wall-Street-analysts for example Toni-Sacconaghi-of -Bernstein, who pushed Musk concerning costs and also cash. Musk brushed him off, sniping that bone-head, boring questions aren’t cool. Added to the insult and injury, Musk now field another questions from the YouTube-user, who go on to control a call typically open and also only major Wall-Street. That failed to stay well with the entire Street, and Sacconaghi-lambasted-Musk the overnight on CNBC aided by the instead clever jab, This is a financial analyst call, this will be not a TED talk Friday, Musk returned fire, with tweets asserting that the concern had been boneheaded as the analyst already knew the answer and was asking purely to recommend a thesis that is negative the company.

Musk’s controversy with experts recalls the same tensions between Wall Street experts and Jeff Bezos of Amazon, Reed Hastings of Netflix, Mark Zuckerberg of Facebook and other arrogant, aggressive, and visionary technology CEOs. The experts consistently press for metrics revenue that is including profit margins, cash burn, and profits projections. The Chief Executive Officer routinely tries to stress growth, users, experience, as well as long-term vision. The experts press on expenses, competitors, cost of money; the Chief Executive Officer dodge and weave and point to approach, new models, breaking old molds, and creating new marketplaces. as well as the dance goes.

A lot of visionaries are entirely drastically wrong about their eyesight, because they are early, or outwit, or even miscalculate. Buying Tesla stock is way to risky, perhaps even ill-recommended. That doesn’t mean Musk should alter exactly what he does or how he does it. In fact, managing his enterprises to please Wall Street is an almost certain path to failure; the numbers do not mount up and won’t unless everything works nearly completely. You, but Tesla’s fate should not be up to Wall Street analysts whether you go along for the investing ride is up to

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How to Successfully Market Your Bar or Club

Marketing Your Bar or Club

Building a customer base is easier than ever in the digital age, but marketing a bar or club can still be tough. If you live in a well-populated area, chances are there’s a lot of competition from other cafes and bars, whereas if you’re the only one for miles, you will struggle with lack of footfall. What’s more, people have certain expectations when they come to a bar. Most people are reluctant to spend money on a new business, as they don’t know if their consumer needs will be met. As the owner, it’s your job to convince them they’ll have a great experience, and you do this through dedicated marketing. Here are five steps to help you make an impression.

Know Your Brand

Just like any other business, your bar or club needs a brand. So before you market your business (or ideally before you open your doors), you should know these three things: what you do, who you do it for, and what makes you stand out. In other words, you should come up with a concept that’s as niche as possible, for example, locally brewed craft ales, and then identify your target market. Your USP (unique selling proposition) is what makes your business stand out from the competition. Make sure every piece of marketing material you put out there reflects your brand and ethos, from your menus and signs to your social media posts.

Perfect Your Website

These days, if you want to market your business successfully, you need a functional website with responsive design so people can use it on their phones and tablets. This website needs to be clean, precise and easy to navigate. What’s more, your home page should include photos of your establishment, so people know what to expect when they visit you, and your contact details should be clearly visible. If your interiors are looking shabby, you may wish to redecorate or invest in some new pub furniture and have professional photos taken.

Optimise Your Signage

Signs both inside and outside your establishment can generate lots of business, so it’s worth investing in a graphic designer to make yours stand out. Everything from your menus, receipts, promotional boards and outdoor signs will help promote your business, so be sure to capitalise on these opportunities.

Boost Your Online Presence

What do most people do when they’re looking for somewhere to eat or drink? They look online. Therefore, you need to make sure your bar or club appears in search engines and on social media so you can connect with prospective customers. Your contact information, opening hours and menus should all be easy to find. If you serve food, you want to enable online reservations to make booking a table even easier.

Monitor Your Reviews

Reviews can make or break a business, so it’s important to take them seriously. Monitor your pages on Google and Trip Advisor, and take time to respond to comments – both positive and negative. Doing so gives you control over your reputation and helps you deal with any complaints head-on. Keeping in touch with your customers will help foster conversation about your business and show the community you care what they think.

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Personal Finances: Could They Affect How You Run a Business

Personal Finances and Starting a New Business

Starting a new business can be an exciting yet daunting experience. This process is also often made easier if you get into good habits from the outset in relation to planning, money management and continually monitoring progress. So what happens if these areas are not your strong point? It might not look favorably if you struggle to keep on top of your everyday finances and personal commitments, but there are ways to overcome these hurdles and bring your business ideas to fruition. The road ahead may be challenging, as you are not only trying to be more equipped for the business world, you will also need some huge lifestyle changes to make the transition more successful. If you’re worried about how your personal finances might affect starting a business, read on to see how you can change habits for a secure business future.

Sort your personal finances

Before committing to anything in the business world, it is best practice to have all your personal commitments in order first. If you juggle payments and find it difficult to manage personal budgets, this might not bode well for your business finances. You don’t have a squeaky clean slate to get started in your venture but considering options such as Vanquis credit card could help improve your credit rating and manage your outgoings more efficiently.

Create a budget and track everything

Budgeting is one of the most critical factors in business, so learning how to do this efficiently is vital to business success. If you have a penchant for impulse buying and find making decisions on your spending difficult, reigning it in with a comprehensive tracker of your expenses can assist in adjusting your spending habits. Getting into better practices is not only great for your personal life; it also rubs off in the business world too.

Build an emergency fund

This can be difficult if you find it challenging to save for things in personal circumstances but effective budgeting often offers the chance to put money aside for emergencies. In business, there will be peaks and troughs of activity so planning for these is vital to keep everything ticking over. If you can get into the habit of saving in both your personal and professional life, you’ll have an adequate fall back if you need it.

Use resources available

Finding out where and how to seek help when managing both personal and business money is key to knowing where to turn when times get tough. There are many online resources and business experts who can offer invaluable advice on a number of money management areas. These are often ideal for when you are starting out too, as they can provide a hub of knowledge to help you get into better habits from the outset.

 

It’s no surprise that personal attributes contribute to how you run a business but identifying both your strengths and weaknesses will ensure you ride out the challenges that may lie ahead.

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How Online Casinos are Changing the Gambling Industry

 

When it comes to the gambling industry, there’s no denying that things have been changing over the past decade or so. Online gambling – in particular online casinos – are becoming more and more popular all over the world and, as can be expected, this is having an effect on land-based casinos and the gambling industry as a whole. For those of us who are new to gambling and casinos, guides like Ladbrokes’ Clueless in the Casino can help us understand what we’re getting into. But with online casinos becoming more widely available, will we always need these kinds of guides?

Accessible

For years, casinos and gambling seemed to be a glamorous activity only for those of higher classes. However, over the years, land-based casinos have become more and more accessible for anyone. Online casinos are an example of this. Accessibility in the gambling industry had been on the rise, but online casinos make gambling more available to the masses than it has before. At the touch of a button, anyone can have access to any number of online games and live tables without needing to pay for expensive memberships at high end casinos or adhere to a dress code – you could play a game of blackjack in your pyjamas!

Attendance is up

Because of the accessibility that online casinos provide, attendance as a whole is on the rise, but not just online. While there are more and more people becoming involved in live tables and online slots, worldwide people have been attending land based casinos more often too. The advertisement for the gambling industry that online casinos offer can bring in people who might not otherwise have been interested in gambling. Improved acceptance for gambling as an industry and as a form of entertainment mean that more and more people are starting to get involved, whether that’s at an online casino, or in a land-based casino. With increased attendance comes increased revenue which in turn helps to expand and grow the industry. Gambling is becoming extremely profitable for those invested in it in one way or the other, and this can be put down at least partially to online casinos and their ease of access.

ECommerce

Ecommerce and cryptocurrencies in particular are adding a new level of security and mobility to gambling online. The use of online payment methods, whether in fiat currencies or online cryptocurrencies or even through the use of card and contactless payments in a land-based casino itself all make for more secure and convenient payments. There is no need to pay in cash and risk losses or robberies when carrying around the cash, and withdrawing your winnings from an online casino has never been easier. Each online casino has a wealth of online payment services, so you can choose which ones fit you and your preferences more than others. Ecommerce is a growing industry in itself, and the cross over with online casinos is only improving the gambling industry for those that are a part of it.

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5 Financial Planning Tips For Young Investors

 

 

 

Being a young adult can be exciting – enjoying the early stages of a career, having your own place, making new friends – but it can also be confusing and stressful. One of the reasons is money, and learning how to manage it.

In a financial literacy survey of more than 5,500 young adults, the National Endowment for Financial Education and George Washington University found that only 8 percent of those ages 23 to 35 showed a high level of financial knowledge.

“For those just starting their careers or beginning to save for their retirement, the financial planning world can be quite daunting,” says Richard Paul, president of Richard Paul & Associates, LLC  (www.rwpaul.com), a financial advisory firm in Michigan, and author of The Baby Boomers’ Retirement Survival Guide.

“One flaw of our education system is the lack of preparedness it provides for younger investors just starting off. When it comes to stocks, bonds, 401(k)s, and debt, the task of planning is overwhelming to most.”

Paul offers young adults five tips for fundamental financial planning:

  • Automate your contributions. The easiest way to invest is to automatically direct a portion of each paycheck into your investment accounts. “You’ll quickly get used to having less money to spend each month, and your savings will grow automatically,” Paul says. “And if your employer offers a match into your retirement account, be sure to take advantage of that. That’s free money.”
  • Take control of your health. You might think your health doesn’t fit into a discussion of financial planning, but being proactive when it comes to health – whether it’s getting your annual physical or daily exercise – will pay dividends in the future. “A retiree today is expected to spend $275,000 over their retirement on health care,” Paul says. “By investing in your health when you’re young, you can reduce your potential for future health care costs.”
  • Get out of debt. “Paying down your debt reduces the amount of interest expense you pay each year,” Paul says. “And often, people are paying more in interest than they are likely to earn by investing.” Studies show the average American under the age of 35 has between $23,000 and $30,000 of debt in the form of credit cards, student loans, auto loans and other forms of personal debt. According to a NerdWallet 2017 study, the average U.S. household that’s carrying credit card debt has a balance of $15,654.
  • Build and protect your credit. Your credit score is an indicator of your financial health. “The list of people who have an interest in your credit score seems to keep growing every year,” Paul says. “Damaged credit can be costly over time. Pay all bills on time by setting up payment reminders or enrolling in auto pay. Pay down balances on credit cards; high balances relative to total available credit affect your credit score.”
  • Buy into panic, not excitement. If the stock market sells off by 5 to 10 percent over any given month or week, Paul recommends you take your excess cash and buy the dip. “Only use excess cash, not any cash that is needed to pay bills,” he says. On the flip side, when the market is going up significantly Paul advises: “Wait for a correction if you’re sitting on the sidelines.”

“Young people need to know how to plan financially,” Paul says. “There’s a tendency to put it off, but that’s risky. There’s too much to lose. You’re not young forever and without a plan, you’re unprotected for your future.”

 

About Richard W. Paul

Richard W. Paul is the president of Richard Paul & Associates, LLC (www.rwpaul.com) and the author of The Baby Boomers’ Retirement Survival Guide: How to Navigate Through the Turbulent Times Ahead. He is a Certified Financial PlannerTM professional, Registered Financial Consultant, Investment Adviser Representative and an insurance professional holding life and health insurance licenses in Michigan and Florida.

If you would like to run the article above, please feel free to do so. If you’re interested in interviewing Richard Paul or having him provide comments, let me know and I’ll gladly work out the details.

 

Have a great day!

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 R Contact: Miguel Casellas-Gil: 727-443-7115 ext 214
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LendIt Fintech USA 2018 San Francisco March 9-11

LendIt Fintech is the World’s Leading Event in Financial Services Innovation. LendIt Fintech hosts three conferences per year in the USA, Europe, and China. These events bring together every major fintech, blockchain, lending and digital banking companies from around the world. Professionals in the financials services industry come to learn, network and do business.

 

Online Lending, Event Management, Financial Technology, Networking, Peer to Peer Lending, Market Place Lending, Blockchain, Digital Banking, Banking, Fintech, and Financial Services

Meet Chris larson and The Lendit Team

A serial entrepreneur, Larsen, 57, cofounded the online mortgage lender e-Loan, in 1997, and, eight years later, Prosper, the peer-to-peer lender that has been valued at more than $1 billion. He seems to have hit it bigger here, even if XRP is nothing more than a speculation vehicle — and one that’s down 65% since the beginning of the year. While Larsen stepped down from the company more than a year ago, he still serves as executive chairman and tells Forbes he’s “100% focused on Ripple and helping the team any way I can.” Given these kind of numbers, he’d be crazy not to.

LendIt has always been about community. It all began back in 2012 when Jason Jones was speaking at a conference in New York that was organized by Dara Albright. He proposed creating a new event focused on marketplace lending (then called peer to peer lending), a place where the new community could come together. He had been interested in marketplace lending for some time and, along with his partner Bo Brustkern, was in the process of launching one of the first funds in the space.

At that same time Peter Renton, the founder of Lend Academy, had decided that he wanted to start a marketplace lending conference in 2013. The members of the Lend Academy community had been reaching out to Peter on the need for an industry event that would bring the community together in person.

So, it was serendipitous when Jason and Dara connected with Peter and together they decided to launch the world’s first marketplace lending conference. They had modest expectations, they just wanted to put on an event where the entire community could come together to network and learn. The first conference in New York ended up being sold out and was a big success.

Today, Jason, Bo and Peter run the LendIt conferences and Dara has moved on to launch a new venture. LendIt has grown into the largest lending and fintech conference in each of the regions they operate: USA, China and Europe.

Our conferences bring together the fintech firms, investors, and service providers

Lending

Lending has been the bread and butter of LendIt events from inception. As online lending has grown up, so too has LendIt. In the early days there were just a handful of early companies who were thinking very differently about how lending should be done. There is now a healthy ecosystem that has been built around the lending industry. At LendIt Fintech USA 2018 we’ll cover all verticals of lending. Many people are familiar with LendingClub CEO Scott Sanborn who will kick off the event. While we will cover every aspect of lending, here are a few other notable speakers:

  • Jay Farner, CEO, Quicken Loans
  • Max Levchin, Co-Founder & CEO, Affirm
  • Anthony Noto, CEO, SoFi
  • Renaud Laplanche, CEO, Upgrade

Digital Banking

Every bank needs to have a digital strategy these days. Consumers have more options than ever and companies need to check all of boxes no matter what size bank they are. We’ll hear a wide range of perspectives from startups to established banks looking to serve a younger customer base. This track will also cover mobile technology, banking infrastructure, data science, partnerships, wealth management and how banks can compete in the ever changing marketplace. Below are just a few names that we’ll hear from on digital banking:

  • Yolande Piazza, CEO, Citi FinTech
  • Suresh Ramamurthi, Chairman & CTO, CBW Bank
  • Luvleen Sidhu President, Co-Founder & Chief Strategy Officer, BankMobile
  • Jeremy K. Balkin, Head of Innovation, HSBC Bank USA
  • Nicolas Kopp, U.S. CEO, N26 Inc.

Blockchain for Financial Services

For 2018 we looked at one of the biggest new trends in financial services, blockchain and decided to create an event within our event. We are debuting our new blockchain event Blockfin by LendIt. Blockfin is co-located within the LendIt Fintech event meaning attendees have access to both events. We teamed up and are co-hosting the event with CryptoOracle. BlockFin brings together the top innovators and experts from the entire blockchain ecosystem including technology platforms, crypto companies, investors and banks for 2 1/2 action-packed days of learning, networking and business development. The event will include: 1:1 investor meetings, a demo stage for crypto funds & ICOs and 40+ hours of cutting edge blockchain and cryptocurrency content. Some names we are excited to hear from include:

  • Tim Draper Founder & Managing Director DFJ
  • Richard Craib, CEO, Numerai
  • Tom Ding, Co-founder & CEO, String Labs/Dfinity
  • Vincent Wang, Chief Innovation Officer, China Wanxiang Group
  • Kathleen Breitman, Co-Founder, Tezos
  • Catherine Wood, CEO/CIO, ARK INVEST

Specialties  In Financial Technology

This is just a taste of what you can expect out of LendIt Fintech USA 2018. You can learn more by visiting our speakers page or looking at sessions confirmed on our agenda. If you plan to attend the event, be sure to act soon as the price increases by $400 on Friday night. As a Lend Academy reader you can use our special discount code “LENDACADEMYVIP” for an additional discount.

                                       We hope to see you in San Francisco in April

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Six Amazing Financing Options for Start-up Businesses

Business depends upon the idea and vision of an individual or a group of people, and one cannot start it until and unless is confident about the idea. The biggest advantage of having your own business is that you have your own choices and you get to make your own independent decisions. But certain requirements of the business must be fulfilled. You should make sure that you have the abilities to start up a new business and along with that you are ready to give your time and strength to it as the establishment of a new business requires them all.

After this, the primary thing that comes in the way to start your own business is the lack of capital. One of the most basic things that every businessperson needs at some point either to continue, to establish or to start a new business is the loan. When any business entity has less capital, then it not only affect the progress rate of the entity but also decreases the employment rate which ultimately affects the lives of many people. There are many ways by which you can get loan and the biggest mean is the bank. It is also very important that you prepare a solid business plan. You should gather all the information regarding your business niches such as the information of the ownership and the management, the objective of the business, marketing plans and financial projections. You should also present your idea to the lenders. It will help them to develop confidence in your vision.

Along with that, a written business plan is always preferable as it contains all the information that the lender would need to check whether the firm is in a position to return the loan taken or not. It contains all the profit and loss statements, bank statements, business credit reports, personal credit reports, tax return documentation and copies of all the relevant legal documents. Do you want to start a business of your own? Are you passionate about business and related stuff?! Well, the two basic things that you need in order to start a new business are capital and your devotion, of course. So here I have six amazing financing options for startup businesses. Have a look at them:

f you want to start a business a

If you want maximum profit out of your business, then you will have to finance it personally. How do you expect any banks or lenders to take a risk in you when you are not willing to take a risk in yourself? There are numerous ways to finance your business personally. You can save up from your personal income, or you can also liquidate some assets to get the startup money. You can gain the finances for your business is through your property.

It can create a big role for the investment towards your business. You can pledge your property to gain enough amount of money for starting your business as personal assets play an important role in helping the lender decide to lend you the amount. They act as a guarantee to the lender that in case you fail to pay back the amount on given time then the amount can be recovered from the assets. But do all the necessary calculations and make a solid and effective business plan so that you don’t end up wasting your hard earned money. And your business can be more profitable if self-financed due to the ever-increasing interest rates of banks and private lenders.

 

If you don’t have enough resources to finance your business personally then acquiring a loan is another option you can avail. Keep in mind that loans don’t get approved so easily. You will have to ensure the lenders that you are worth taking the risk. Here are some tips that you should keep in mind while applying for a loan.

  • Start the application process before you need the money
  • Create a detailed business plan
  • Show how the business will be profitable
  • Try to improve your personal and business credit score
  • Consult professionals to look over the loan agreement before you sign it

 

Partnerships are a great way to finance a startup personally without any involvement of banks. Gather some friends and family members that you can trust and form a partnership to finance the business. But involving business with relationships can sometimes cause problems and can lead to damaging the relationships with your loved ones. So to avoid this problem, you should form a legally binding contract that specifies the roles of all the people involved in the business.

 

  • Incubators and accelerators

Incubators and accelerators are companies that finance your business in return for some equity. They also provide you access to experienced professionals and business contacts to improve your odds of success. But like a loan you need to show these companies that you are worth the investment and your business plan will be profitable.

 

Crowdfunding is the process of raising money to fund what is typically a project or business venture through many donors using an online platform, such as Kickstarter, Indiegogo and Crowdfunder. Crowdfunding is typically done through an online platform that allows the fundraiser to set up a public campaign for accepting donations. The campaign will advertise details such as the nature of the project or venture, the amount of money the company is hoping to raise and the campaign’s fundraising deadline.

People can donate a specified amount through the fundraising campaign’s website and often receive some sort of acknowledgement or reward in return for their donation. These websites are a centralized way for startups to reach out to a large community. Many YouTube channels got their startup funding from crowdfunding websites.

 

If any of the previous options are not available, you always have family and friends to look back to. You can ask your friends and family members to loan you the startup, or you can ask them to invest in your business. It is the most common way through which you can take the loan for a start-up business. You can always convince them to lend you the loan. Where you will need to return the loan you take, you won’t have to pay any interest on them and you won’t be under any extreme pressure by your friends and family. Just make sure that you don’t let the money ruin your relationships.

 

Author Bio:
Emily Stark is a financial analyst and accounting expert. She has in-depth knowledge about setting up small businesses as well as creating profitable investments. She regularly contributes articles related to business and loans at https://www.ebroker.com.au/.

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Spotify’s IPO Is Like Nothing We’ve Seen Before

 

 

 

If you’re into the world of investing, you know what an IPO, or Initial Public Offering, is. This is when companies offer shares to the general public in an attempt to raise funds; the transaction that defines the difference between privately held and publicly traded. However, Spotify’s offering is very different from anything we’ve ever seen before. Today, we’ll talk about how the Spotify IPO is unique.

Bell-Ringing… Spotify Won’t Be Taking Part!

When an IPO launches, the CEO or other members from the company’s team of executives will generally ring the opening bell or closing bell for the stock exchange on which it goes public. However, that won’t be the case for Spotify. In fact, the company won’t be engaging in any self promotion or congratulatory events on the day it goes public.

That’s right, the CEO won’t be on the trading floor on April third talking about the company. Not to mention, there will not be any parties to celebrate the going public milestone. In a recent statement, Daniel Ek, CEO and founder at Spotify, had the following to offer:

                                       “For us, going public has never really been about the pop or circumstance of it all…”

 

New Shares… No Need!

Even more interestingly, Spotify will not be offering any NEW shares during its IPO! In general, when a company launches its IPO,that company will offer new shares of the stock to those that purchase through the IPO. However, Spotify is going about things in a very unconventional way.

In a recent announcement, the company said that it would not be offering new shares. Instead, all Spotify shares included in the IPO are shares held by existing shareholders. While this is very unorthodox, it’s actually very interesting and could be for a very good reason.

When new shares are included in an IPO, they are traditionally known as a lockup period. However, by only offering shares that are already held by existing shareholders, there will be no lockup period enforced by Wall Street underwriters. Is this a positive or negative? Well, no one really knows as we’ve never seen anything like this before. However, it does provide some advantages that could cause further demand among the investing public.

No Closed-Door Promotion

Finally, when a company launches an IPO, there’s quite a bit of awareness building that happens to take place. Much of this awareness building is done behind closed doors on road shows. However, Spotify has made it clear that they will not be doing any closed door promotion of the IPO. Instead, everything done will be public knowledge.

This was taken a step further on Thursday when the company first live streamed a road show. Here’s the link to the archived video. While this is unorthodox yet again, it could prove to be a positive as it will likely lead to investors enjoying the added transparency.

Final Thoughts

IPOs happen all of the time. However, this particular IPO is like nothing the market has ever seen before. Without private meetings, bell ringing events, interviews and new shares, Spotify is setting the stage for a very interesting first trading session on March 3rd.

 

March 18, 2018 at 6:47am
A TRIO OF MUST-HAVE GADGETS FOR INVESTORS Whether you’re a newbie to the world of investing or have been dabbling in the stock market for some time, you likely find yourself checking your portfolio at least once a day; after all, you want to find out if your making money, #stocks, https://t.co/anQ6rFVEiG


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A Trio of Must-Have Gadgets for Investors

Whether you’re a newbie to the world of investing or have been dabbling in the stock market for some time, you likely find yourself checking your portfolio at least once a day; after all, you want to find out if your Starbucks or Target stock has risen in value or if it’s time to get out of that investment.

While investors have traditionally checked the stock section of a newspaper for this information, many now rely on their smartphones and computers to get updates in real time. Indeed, there are a number of must-have, handy electronic tools that make keeping tabs on your money and portfolio easier than ever. Here are a few prime examples.

An iPhone SE

While all smartphones allow you to make calls, send texts and take selfies, the iPhone SE goes beyond these functions with a user-friendly feature for investors. The smartphone, which comes equipped with the built-in Stocks app, allows you to easily keep track of everything in your portfolio from the palm of your hand.

In addition to keeping apprised on your various investments, the Stocks app also allows you to check the opening and closing numbers on the Dow Jones Industrial Average and S&P 500, as well as how well particular stocks have performed over the past two years.

Thanks to the iPhone SE, you don’t have to keep a folded-up newspaper in your purse or briefcase; instead, you can easily check your investments while standing in line for a latte. Now, how cool is that?

A Financial Calculator

When it comes to figuring out your finances, you can’t go wrong with a financial calculator. Sure, your smartphone’s built-in calculator or the one sitting on your desk can handle simple arithmetic, but a financial calculator is better for computing statistics and analyzing your cash flow.

A great and reasonably affordable option is the HP 12C Financial Calculator that’s sold on Amazon.com. At around $50, plus shipping costs, this slim and sturdy financial calculator will allow you to more easily calculate and track annual percentage rates, net present values and more.

A Fast and Reliable Laptop

In addition to owning a state-of-the-art smartphone, a laptop is also a great tool for investors. While smartphones offer more convenience, a laptop’s larger screen size will allow you to more easily read about your stocks, pull up your accounts, and check the markets. Technically, any laptop that connects to the internet will do, but to make your investing life easier and less stressful, you’ll want to find a laptop that’s lightning fast, reliable and that offers an amazing battery life.

After all, the last thing you want is to be in the middle of buying low, only to have your computer crash or the battery shut down. Additionally, because you might have multiple tabs open at once, you’ll need a laptop that can handle the activity, along with trading software apps.

As StockstoTrade.com notes in its reviews of the best laptops for trading, the MacBook Pro is a fast laptop with a battery life that lasts nine hours. Spring for the model that offers more gigabytes. And, since it’s lightweight, you can take it with you on the road. The Dell XPS and Surface Pro are also ideal laptops for investors.

Good Luck, and May Your Portfolio Steadily Grow

To become a prolific investor, you’ll need a number of key tools in your arsenal. By using your smartphone to check your portfolio, buying a financial calculator to handle the often-tricky mathematics of investing, and buying a laptop that will allow you to buy and sell when the iron is hot, you will be well on your way to watching your investments grow into a nice nest egg.

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Essential Tips for Starting a Non-Profit Organization

You are excited to get started with your non-profit organization, and you are looking forward to making a positive impact with your community and the world. However, you need guidance to help you along the way.

Although there is a lot that must go into creating a successful non-profit, it is not so overwhelming that the average person cannot do it. There are some steps that you will need to take when you are in the initial stages of your non-profit start up. The following tips, if implemented correctly, will be the tools you need to have a successful non-profit.

Research

When you are considering starting a non-profit, it is important that you conduct some research. You will need to learn as much as you can about the cause you want to support. This will give you insight into knowing the organizations that already exist that are doing the work you are interested in doing. You will know the areas that still need assistance, as well as organizations that you can work with. By continuing to research, you will ensure your organization stays focused on its original mission.

Tax-Exempt Status

It is important to file for tax-exempt status when you want to operate a non-profit. Unfortunately, many non-profits choose to skip over this step because filing for this status can be expensive. They often realize that they need to complete a 501 c3 lookup 

When your organization has tax-exempt status, your donors will be able to receive tax-deductible receipts for any donations they make to your organization. This status is necessary to receive donations from corporations, and you will need it if you plan to apply for grant money for financial assistance.

Do not put unnecessary pressure on yourself. You do not want to find yourself in a position with a major donation pending and you do not have a 501 c3.

Create Your Non-profit Entity

Creating the legal organization for your non-profit can be accomplished in several ways. As previously discussed, the most common way is to establish your business as an independent 501 c3 is through the Internal Revenue Service. This is often a long process, and it requires the incorporation of your company in the state you wish to operate in. You will then need to file for a tax-exempt status using form 1024 from the IRS.

A faster way to do this is to create a non-profit organization through a fiscal sponsorship. This is when an organization that already has 501 c3 exempt status agrees to accept the structure of your non-profit within its organization. This will allow you to begin your non-profit projects while under another organization’s tax exempt status. Fiscal sponsorships are fast, inexpensive and simple. Make sure the organization you choose is reputable and is in good standing with the IRS and other non-profits.

You should have fun when you are helping other people. Always make sure that the people you are helping and the people who volunteer have fun also. That will make your endeavor even more worthwhile.

 

 

 

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