Etsy CEO: Q2 Was A 'Breakthrough' Quarter

Benzinga
Steve Jobs' Intern, Described As 'The Guy That Got The Coffee For The Guy That Made Coffee,' Sold His Own Company To Google For $625 Million — His Advice? Pay Employers To Let You Work For Them, Not Work To Get Paid
Chet Kapoor, who once described himself as "the guy who got coffee for the guy that made coffee," is now a pivotal figure in the technology landscape. He has advice for others who want to follow in his path. He suggests interning but offering to pay to work for admirable people. Once an intern for Steve Jobs, Kapoor shared insights with Fortune on his journey from a young dreamer to a highly successful entrepreneur. Don’t Miss: Funders on this alternative asset platform are earning more than 14%
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SmartAsset
Ask An Advisor: I'm Selling My House and Netting $400k to ‘Pay Off My Retirement Home.' Do I Have to Pay Capital Gains Tax?
I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.
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We're 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth?
At 67, you’re presumably at or near retirement. If you have $1 million in IRAs, it may be attractive to converting to a Roth because it can provide tax-free income in retirement. It's not too late from legal or regulatory perspectives. The IRS does not restrict Roth conversions on the basis of age or income. […] The post We’re 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth? appeared first on SmartReads by SmartAsset.
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From affordability to property demand, here are Zillow's 6 biggest predictions for the US housing market in 2024
The housing market was tough this year, but economists say 2024 could see more homes for sale and easing conditions for buyers.
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Benzinga
Wall Street Banker Pays $2 Million Sight Unseen For Coal Mine Then Discovers It's Filled With $37 Billion Worth Of Rare Earth Elements
Former Wall Street banker Randall Atkins got a lot more than he bargained for when he paid $2 million for a Wyoming coal mine without even seeing it in 2012. At the time, he planned to make money selling coal from his mine to other plants. That was before he conducted a study in conjunction with the Department of Energy and discovered he was sitting on a treasure worth more than the gross domestic product (GDP) of some small countries. It turns out that his coal mine was also home to an estimate
4h ago
Barrons.com
7% Dividend Yields or Higher: The S&P 500’s 6 Best Payouts
There’s still plenty of yield in the stock market even with the recent rally that has resulted in a 19% year-to-date gain in the this year. Plenty of stocks have been left behind and many carry outsize yields of 6% or more—including a total of about 40 in the S&P 500 and S&P MidCap 400 indexes, according to data from S&P Dow Jones Indices. For Boston Properties and Healthpeak Properties, we are using funds from operations, a cash-flow measure used by real estate investment trusts, rather than earnings per share, which is lower for both companies.
2d ago
TipRanks
J.P. Morgan Recommends These 2 ‘Strong Buy’ Stocks With Over 60% Upside Potential
November has a been a good month for the markets, with solid gains on the S&P 500 of 8.5%, bringing the year-to-date haul to ~19%. The question now is, where do we go from here? Don’t go anywhere, rather, stay in the stock market, appears to be the recommendation of JPMorgan’s global investment strategist Madison Faller, who points to three factors that should be supportive going forward. First, the US economy is cooling a bit, enough to ease the threat of overheating; second, the rate of inflat
2d ago
Reuters
Exclusive-Boeing eliminated from US Air Force's 'Doomsday Plane' competition
The U.S. Air Force has eliminated Boeing from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the "Doomsday Plane" due to its ability to survive a nuclear war. The move leaves privately-held defense contractor Sierra Nevada Corp as the lone company publicly vying for the Survivable Airborne Operations Center (SAOC) contract to eventually replace a fleet that has been in use since the 1970s. The Air Force, which plans to award a SAOC contract in 2024, declined to comment on whether other firms had submitted bids.
4h ago
Barrons.com
Nvidia and 2 Smaller AI Stocks That Look Undervalued. They Could Be Big Winners.
Nvidia is the clear—and most obvious—beneficiary from the AI buildout but there are two other companies that are less well known to investors that should equally benefit in the year ahead.
12h ago
Benzinga
How To Collect $1,000 Per Month From Warren Buffett's Favorite Energy Stock
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don't find a way to make money while you sleep, you will work until you die." Don't Miss: Elon Musk has
1d ago
Investor's Business Daily
December Looks Great For Investors Who Own 9 Stocks
Investors can only hope stocks do as well in December as they did in November. There are definitely some S&P 500 stocks that glisten.
13h ago
Barrons.com
Uber Joins the S&P 500. Here’s Which Other Stocks Did—and Which Ones Were Removed.
It’s official: Uber Technologies is joining the S&P 500 index. Uber, Jabil and Builders FirstSource will join the before the opening of trading on Dec. 18, according to S&P Dow Jones Indices, which oversees the index. At $116 billion, the ride-share company is the largest U.S. company ranked by market capitalization that wasn’t in the S&P 500.
3h ago
Bloomberg
Tesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025
(Bloomberg) -- After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.Most Read from BloombergTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Banking Escapees Make Billions From Private Credit BoomIsrael Says Hamas Violated Terms of Cease-Fire as Truce LapsesPutin Seizes Rights to St. Petersburg Airport From Foreign InvestorsBonds Up as Powell Pushback Lasts ‘A Few Seconds’: Markets Wra
15h ago
Investor's Business Daily
11 Stocks Turn $10,000 Into $229,964 In 11 Months
Hope you didn't bail out of S&P 500 stocks after three-straight months of losses. November turned into a big moneymaker.
1d ago
The Telegraph
Oil price falls after Saudi-led cartel surprises market
The price of crude oil fell after a cartel of oil-producing nations led by Saudi Arabia surprised the market by issuing a statement that failed to include an expected pledge to cut production by another million barrels per day.
1d ago
Reuters
Tax-loss selling, 'Santa rally' could sway U.S. stocks after November melt-up
As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, including tax loss selling and the so-called Santa Claus rally. The key catalyst for stocks will likely continue to be the expected trajectory of the Federal Reserve's monetary policy. Evidence of cooling economic growth has fueled bets that the U.S. central bank could begin cutting rates as early as the first half of 2024, sparking a rally that has boosted the S&P 500 19.6% year-to-date and taken the index to a fresh closing high for the year on Friday.
2h ago
Benzinga
Dave Ramsey Says It Doesn't Matter Where You Live — The Same Budget Rule Applies: 'Math Works In Every City And Every State. You Don't Get A Pass On Math Because You Live In Washington D.C.'
In an October episode of the "The Ramsey Show", a caller from Washington D.C., highlighted a common financial challenge faced in urban areas. Earning around $90,000 annually and with significant savings, the caller was spending about $2,000 a month on rent in downtown D.C. Despite this considerable expense, they managed to save and minimize other costs. Show host Dave Ramsey responded, emphasizing his financial guidelines. “We tell folks to put 25% of their take-home pay aside for housing, and n
8h ago
SmartAsset
Which Americans Are Most At Risk of Having Medical Bills Drain Their Retirement Income?
Retirees face sizable out-of-pocket costs for premiums, copays and uncovered services. One way to gauge this burden is to look at how much these medical costs eat into their Social Security benefits and other income. Here's a look at how … Continue reading → The post How Much Retirement Income You'll Have After Paying Medical Expenses appeared first on SmartAsset Blog.
11h ago
Investopedia
S&P 500 Average Return
See the historical performance of the S&P 500 Index. Learn more about the factors that affect the S&P 500 average return.
5h ago
The Wall Street Journal
How Chinese Marijuana Operations Cropped Up in Small-Town America
CARMEL, Maine—An astronomical electricity bill was the first tipoff that something unusual was going on at a former chicken farm in this town of 3,000 people off Interstate 95. In June, after neighbor complaints, the Penobscot County Sheriff’s Office said it carried out a search warrant of the property, seizing some 3,400 marijuana plants and 111 pounds of processed marijuana. The state said it was prosecuting two Chinese nationals and two naturalized U.S. citizens of Chinese origin on charges including illegal cultivation and trafficking of marijuana.
1d ago

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Etsy CEO: Q2 Was A 'Breakthrough' Quarter

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