Don’t cheat yourself with the 4% rule

If you’re planning for retirement, you’re probably thinking about how much you’ll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. Instead, all-too-often, retirees use simplified rules of thumb to determine how much to take out each year.

Mark Cuban says the best investing advice he got when young was to be as poor as possible first

Mark Cuban once drove around a real hunk of junk — seriously. The billionaire Dallas Mavericks owner says the best pieces of investing advice he got when young was to be as poor as possible first. The “Shark Tank” star these days doles out a lot of advice to young entrepreneurs on CNBC but he says it doesn’t take a million-dollar idea to become rich.

Boeing Rethinks Aerospace Rulebook as `797' Plans Take Shape

Boeing Co. is seeking to rewrite the rules for creating commercial jets as it hones plans for a new midrange aircraft nicknamed the 797. For decades, Boeing pushed its planes to fly ever farther. More recently, Airbus SE has been edging into the niche by bumping up the range of its popular single-aisle jetliner, the A321neo.

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  U.S., China understand importance of aerospace to their economies -...

  Reuters UK
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  Boeing concerned about tariff talk, but no business impact yet

  Reuters

Should You Buy Netflix (NFLX) Ahead of Q2 Earnings?

Netflix NFLX has seen its stock price soar over the last year on the back of strong subscriber numbers, international expansion, and the overall growth of internet-based TV. Netflix is currently the undisputed champion of streaming. Meanwhile, both Apple AAPL and Disney DIS are set to enter the streaming TV market over the next few years, which means Netflix will face more challengers than ever before.

4 Airline Stocks Trading at a Discount You Should Consider Buying

Airlines stocks have been losing altitude lately. Because they have great cash-flow generation and several return a large amount of capital, though, some investors are no doubt wondering if now’s the time to buy. There are a number of different names,

GM's self-driving car unit could be worth $43 billion — nearly 4 times the valuation it received 6 weeks ago, RBC says (GM)

General Motors' self-driving unit, Cruise, could be worth $43 billion, RBC Capital Markets estimates. The autonomous arm received a valuation of $11.5 billion from Japan's SoftBank in May. Cruise, the self-driving car company bought by General Motors in 2016, could be worth a whopping $43 billion, RBC Capital Markets estimates.

Should I Invest in Cryptocurrencies?

Is investing in cryptocurrency safe? As the financial world becomes more and more dependent on digitization and data analysis, information sharing has developed as a way to not only relay communications but to quantify value and transfer currency. Decentralized currencies provide a new way of looking at money and controlling your financial future, without interference from traditional banks or financial institutions.

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  Coinbase considers adding five new coins to its platform

  CNBC
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  Bitcoin Magazine’s Week in Review: Progress in Different Forms

  Bitcoin Magazine

Almost half of Amazon Prime members surveyed plan to spend over $100 on Prime Day

If you’re an Amazon Prime member, you may already know how much you plan on spending this coming Monday — when Amazon Prime Day begins at 3 p.m. ET and goes on for 36 hours. Yahoo Finance surveyed more than 4,000 readers about their plans on Prime Day. Among 3,001 Amazon Prime members, more than half said they’ll shop on Prime Day without even knowing the deals.

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  Chart: Amazon Prime Day depresses retailer foot traffic

  Yahoo Finance
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  Everything You Need To Know About Amazon Prime Day -- Shop Deals Early!

  Entertainment Tonight

Why early retirement is all it’s cracked up to be

Sometimes, the stuff that people say about early retirement (and early retirees) is terrible. It is assumed that early retirement is the end of productive life and that unless we’re swimming in millions in cold hard cash, early retirement will eat us alive. As I said in my one-year early retirement performance review, early retirement is all that it’s cracked up to be.

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  Your 2018 Retirement Guide

  Motley Fool
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  3 Things That Are Holding You Back From Saving for Retirement

  Motley Fool

Gold Price Forecast – Gold drifts lower against stronger US dollar

Gold markets have drifted a bit lower during the trading session on Friday, reaching down towards the $1237 level before bouncing. Gold markets have a massive amount of support at the $1200 level, so I think that in the short term I think it’s likely that we will continue to sell off on short-term rallies that show signs of exhaustion, but eventually I think the $1200 level underneath is going to be massive in its implications.

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  Natural Gas Price Fundamental Weekly Forecast – Lower Temperatures, Rising Production Too Much for Bulls to Handle

  FX Empire
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  Silver Weekly Price Forecast – Silver drifts lower for the week

  FX Empire

Netflix Plunges More Than 4% Ahead of Earnings

Netflix stock dropped a dizzying 4.28% on Friday, wiping out the stock’s gains over the preceding month, but barely denting its monumental 100% runup for the year. The dip comes ahead of the video streaming service’s expected earnings report on July 16, which could take some wind out of the stock’s sails if it’s anything short of flawless. Growth for the fourth quarter of 2017 beat Wall Street estimates in January, driving Netflix’s market value above $100 billion for the first time.

Sonos IPO: 5 things to know about the maker of high-end speakers

The past few years haven’t been kind to newly public hardware companies, but Sonos Inc. hopes to break from that pattern by relying on a little help from tech giants like Amazon.com Inc. Sonos (SONO) makes high-end speakers, and the company has tried to capitalize on increased interest in voice commands by giving its products “smart” capabilities. Sonos currently sells products that are compatible with Amazon’s (AMZN) Alexa voice assistant, and Sonos expects its speakers to work with Alphabet Inc.’s (GOOGL)(GOOG) Google Assistant later this year.

Earnings season kicks off as expected—with a fizzle, not a bang

The second-quarter earnings season kicked off Friday as expected with big banks JPMorgan Chase & Co. and Citigroup Inc. beating expectations and Wells Fargo falling short, but all three stocks fizzled in early trade as the numbers failed to inspire investors. Wells Fargo shares (WFC) were down 2.2% in midday trade, while Citi (C) was down 2.7%. JPMorgan (JPM) was down 0.2%, while the Dow Jones Industrial Average (DJIA) rose 0.2% and the S&P 500 index (SPX) was flat.

All the ways you can mess up your 401(k) — even if you max out your contributions

Workplace retirement plans get a lot of bad press, primarily if they are loaded with high fees. Put simply, 401(k)s work. The bad news is that otherwise-diligent savers can still leave money on the table with a 401(k), often without realizing it.

Goldman Sachs says the rest of Wall Street is underestimating Twitter's turnaround (TWTR)

Twitter has been a tear this year — with shares soaring 82% to hit their highest price in over three years — and Goldman Sachs says the gains may not be done yet. The bank on Thursday raised its target price for the social-media stock to $55 from $40 — a full 25% above where shares were trading — saying Twitter is doing better on its turnaround than the rest of Wall Street gives it credit for. "We continue to believe that consensus expectations underestimate Twitter’s ability to 1) drive incremental engagement through new features and information quality initiatives, 2) better monetize engagement as advertisers leverage newer targeting and measurement functionality, and 3) show significant operating expense leverage as incremental revenue flows to the bottom-line," Heath Terry, the bank's tech analyst, told clients in a note.

Wells Fargo keeps disappointing investors while trying to keep its sales people happy

Wells Fargo & Co. continued to disappoint investors with its earnings report released early Friday, but it still kept its sales people happy, as commissions and incentive pay increased while profit and revenue fell below expectations. The stock (WFC)tumbled as much as 4.3% intraday, before paring losses to trade down 1.1% in afternoon trade. Net interest income rose 1% to $12.54 billion, mostly in line with the FactSet consensus of $12.55 billion, while non-interest income dropped 8% to $9.01 billion to below expectations of $9.21 billion.

Source: Airbus and AirAsia Near $23B Deal

Airbus is closing in on a blockbuster agreement to sell $23 billion worth of aircraft to AirAsia, sources say #tictocnews More from Bloomberg.comNetanyahu Targets Hamas Militants as Israeli

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  AirAsia is discussing the possible purchase of another 100 Airbus A321neo jets

  CNBC.com
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  AirAsia mulls dual Airbus jet order but how much will it pay?

  Reuters

Bitcoin Cash, Litecoin and Ripple Daily Analysis – 15/07/18

Bitcoin Cash gained 1.4% on Saturday, following Friday’s 0.77% rise, to end the day at $701.9. Friday’s late reversal continued through the morning, with Bitcoin Cash falling to an intraday low $685.5 before moving back through to $700 levels, the day’s first major support level at $679.97 left untested on the day. An afternoon recovery saw Bitcoin Cash break through the first major resistance level at $709.07 with an intraday high $713 before easing back, Bitcoin Cash managing to hold on to $700 levels, though plenty of resistance pinned Bitcoin Cash back from an early weekend rally.

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  What the indictment of 12 Russians tells us about their methods

  Daily Mail
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  Ether and Bitcoin Cash Rise 3% as Market Adds $8 Billion, Can Momentum be Sustained?

  CCN

Netflix Stock Loses 4.3% Ahead of Earnings: Will Subscriber Growth Slow?

Shares of Netflix NFLX closed about 4.3% lower on Friday after analysts suggested the red-hot video streaming giant might soon run out of steam thanks to its stretched valuation. Netflix has largely been able to shake off market-wide volatility in 2018, with shares doubling en route to becoming one of Wall Street’s hottest tech stocks.

Netflix earnings will be all about subscriber additions, especially overseas

Netflix Inc. is scheduled to report its second-quarter earnings after the close on Monday, and investors will once again zero in on the company’s net subscriber additions, especially those from outside the U.S. Analysts polled by FactSet expect Netflix (NFLX)  to add 6.2 million net subscribers in the second quarter of 2018 — 1.20 million in the U.S. and 5.01 million internationally. This is similar to the 1.2 million and 5.9 million Netflix forecast in April.

Bitcoin – Good News is Bad News and That’s Bad for Bitcoin

Bitcoin fell by 0.47% on Friday, following a 2.12% slide on Thursday, to end the week down 7.27% at $6,219.6. Following Thursday’s late in the day recovery, Bitcoin moved within relatively tight ranges through the morning and early afternoon on Friday, with a morning low $6,220 and mid-day high $6,286.8 leaving the day’s major support and resistance levels untested. A mid-afternoon spike saw Bitcoin come within reach of the day’s first major resistance level at $6,386.97, with an intraday high $6,339.9 before tumbling to an intraday low $6,125, Bitcoin managing to avoid the day’s first major support level at $6,089.17, while continuing the extended bearish trend formed at 5th May’s swing hi $9,999.

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  What the indictment of 12 Russians tells us about their methods

  Daily Mail
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  Ether and Bitcoin Cash Rise 3% as Market Adds $8 Billion, Can Momentum be Sustained?

  CCN