Finance
The Russian Ruble is still being crushed by the dollar… down 10% for the month, but it is much better than a few days ago…
Investors using gold as collateral for USDC loans are leveraging a new 'looping' strategy, generating nearly 22% returns since Jan. 8—even as Bitcoin drops 10%, according to Swarm. - DL News
S&P 500 records 9th consecutive day of gains, the longest winning streak in over 20 years.
Create a budget: track income and expenses to save regularly. Build an emergency fund with 3–6 months’ expenses. Invest in diversified assets for long-term growth. Avoid unnecessary debt, and pay off high-interest loans first. Monitor spending, set goals, and review financial plans annually.
Elon Musk says DOGE is investigating federal workers with low salaries but high net worths.
"There are quite a few people who have a salary of a few hundred thousand dollars, but somehow manage to accrue tens of millions of dollars."
Freelancing is a type of work where individuals offer services independently, often on a project or contract basis, rather than being employed full-time by a company. Freelancers set their own schedules, choose clients, and may work in various fields like writing, design, or programming, often remotely.
"What does this tell us about the Japanese economy? Precisely nothing — in fact the Japanese services sector activity reading had a surprise rise in July, fueled by domestic demand, meaning that economy is chugging along nicely as well. All it told us was how overbought the Japanese sharemarket was."
https://www.crikey.com.au/2024/08/06/us-recession-fear-japanese-market/
🚀 Would you bet against Elon Musk? He’s eyeing a $20 trillion valuation for Tesla — putting it in the same league as gold ($22T total value). Today, Tesla sits around $1T.
For context:
👑 Nvidia is the world’s biggest company at $4.2T
₿ Bitcoin is at $2.3T
Bold vision, Elon. Still a very long road ahead.
