I may not be hip to all the music that rappers are releasing presently, nonetheless, I do want to quickly give my respects to Nipsey Hussle. The overall theme of “The Marathon” is extremely inspiring and is the one of the lessons that I hope everyone partakes in from his passing. “The Marathon” is based on the notion that we cannot expect to see change in our communities through one act of kindness or progress. This fight against inequality and growing the opportunities of wealth within the community will take change in many facets of the overall structure, and that is going to take years of planned action.
“The Marathon” needs to be used within your business, career, and your overall personal growth.
Let’s move on to the news and topics that I am going to cover throughout this week’s article.
- Lyft is doing a lot worse, and now they are suing someone for it
- Emergency Funds ARE NOT important to focus on for everyone
- MacKenzie Bezos just became the 4th wealthiest woman in the world
- Elon Musk vs SEC, battle continues. Judge gives them two weeks for arbitration
- I am going to introduce you to the hottest stocks to invest in today that you may not be privy to!
This week I am going to briefly dive into some of the topics and provide a link to allow you to read more if you desire.
Unfortunately, Lyft is keeping themselves in the headlines for reasons that would not increase confidence with the possible investors in the market. They are accusing Morgan Stanley of supporting the short-selling moves of investors, which occurred a month ahead of the company’s IPO. Most of you are wondering “what does that even mean?” Well, long story short Lyft believes that Morgan Stanley signed some investors to agreements that would in turn affect the overall stock of the company. This may be the reason that their share price came out so overpriced at $72!……. shakin’ my head (that’s what they get for thinking their value was that high)
Moving on to our next topic……… Emergency Funds ARE NOT for everyone! This may seem like an obvious statement, but after I read an article written by a “self-made” millionaire it kind of struck me as something I need to consider. The article states that experts are always advising that you need to steadily save to create an emergency fun that will ensure you have at least six (6) months of living expenses set aside. The article refutes this claim by stating, it is only something necessary for individuals that live paycheck to paycheck. Now, it was not stating that you should not save but that the reasons given for saving have a low probability of occurring. For example; there’s a 1.5% chance that a major appliance will just die within someone’s home at any given moment. In conclusion, try to save to invest and not to just sit on the money. Click here for entire article
Now I am going to give you some of the future hottest stocks to invest in presently. But, just as a disclaimer, all the information given here is not by any means a 100% assurance that you will gain profit or have a negative impact on your investment. Everything that follows is being sourced from another website……… (so do not come looking for me if you lose your money). Click Here for more details!
- Starbucks Corporation (SBUX)
Starbucks is looking to spread its arms on the coffee industry into the China/Asia Pacific region the past year and opened over 250 stores throughout that time span. Just the proposition of incurred growth is expected to be close to 100%.
- NXO Semiconductors (NXPI)
Even though their share price is almost at an all time low for the company, one of their biggest competitors have not been approved in China. What does that mean? Well, that’s a huge void that someone must fill and why not them?
- Facebook (FB)
With Facebook’s enormous reach, and ability to touch their 2.2 billion active users at any time; they have been able to stout their competitors at any moment. This has been seen with the acquisition of Instagram and mimicking Snapchat’s key service. Now with a plan to move into more areas of online services; such as dating, transactions in the marketplace, and many more, there seems to be no way (that I can see today) that Facebook can be stopped.
- Stitch Fix (SFIX)
- Johnson & Johnson (JNJ)
- Berkshire Hathaway (BRK.B, BRK.A)
- Centene Corporation (CNC)
- Apple (AAPL)
- Sprouts Farmers Market Inc. (SFM)
- DowDuPont (DWDP)
The Financial Seed: “Albert: Financial App”
Every week I get excited about getting to this section of the article. This week we are going to introduce you to an app that can track your spending and save money for you through an algorithm called, “Smart Saving.”
Yes, yes, yes, I do use the app. But, not because of the reasons that you believe. I am a firm believer that you need to have experience in using the technology before being able to recommend it to anyone else. It’s a simple registration process and yes, you do need to input your bank account information……… it’s crazy that people think these amazing apps are able to do what they without you giving up any information.
“Albert is a new type of financial service that uses powerful technology to automate your finances, with a team of human experts to guide you.”
If you do not use your debit card or a credit card often, then this app is not for you because it does not have the capability to track cash payments. So, please keep that in mind before downloading the app.
Well, this is the end of another successful week of “What’s Kenny Thinking?” and I want to thank all the people who sent in emails last week giving feedback on my work. I do read them and I even implemented one suggestion into this week’s article.
If you have any feedback, please comment or email me directly.
Email: email@example.com Next weeks article will be released on Tuesday, April 16th, 2019 at 7pm