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Silicon Valley Scorecard: Top 3 Winners And Losers Last Week

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What’s up #WealthGANG. In our Scorecard series, we break down the previous week’s winners and losers in a given category. In this edition, we take a look at popular Silicon Valley stocks—and which ones were the best and worst performers last week.

Winner: Workday

Shares of Workday [WDAY] gained 9% in the last week. The company is expected to report its third-quarter fiscal 2019 results in a couple of days and investors are optimistic about the company beating Wall Street earnings estimates.

Market Cap: $30.43B

Change: 9%

Total Gain: $2.5B

Winner: Splunk

Shares of Splunk [SPLK] gained over 5% in the last week. This stock seems to be in recovery mode after it burned significant investor wealth over the last two months. Splunk has fallen close to 21% since the start of Oct. 2018.

Splunk was not spared during the tech sell-off witnessed recently. Further, the stock might also have been a tad overvalued and expensive that led to a significant correction.

Market Cap: $14B

Change: 5%

Total Gain: $660M

Winner: ServiceNow

ServiceNow [NOW] shares rose close to 7% last week. This stock has recovered after a difficult 50-day period. The last quarter of 2018 has been a difficult one for investors as companies have been hit by analyst downgrades driven by poor guidance.

ServiceNow is down 14.5% since the start of Oct. 2018. The company’s fundamentals though remain strong. Its growth story is intact and the current price might be an attractive entry point for investors.

Market Cap: $30B

Change: 6.7%

Total Gain: $1.9B

Loser: Apple

Apple  [AAPL] shares have been in a downward spiral for some time now. The stock lost over 11% in market value last week. There have been concerns over lower iPhone shipments this holiday season.

Apple had earlier stated that it would stop publishing device sales going forward. This raised a red flag among analysts. Wall Street remains concerned over supply chain forecasts that are generally a solid indicator for iPhone shipments.

Market Cap: $828.64B

Change: -11%

Total Loss: $105B

Loser: Tesla

Tesla  [TSLA] shares fell close to 8% last week. Tesla had announced that it would slash prices of the Model S and Model X in China to offset the impact of tariffs imposed by President Donald Trump.

While this move would make cars more affordable, Tesla would absorb a significant cost of tariffs which will impact profit margins.

Market Cap: $59.42B

Change: -7.8%

Total Loss: $5B

Loser: Netflix

Netflix [NFLX] stock tumbled 9.6% last week. There are growing concerns over Netflix’s rising competition leading to a cut in analyst target prices. Macquarie Research analyst Tim Nollen reduced Netflix’s price target from $410 to $315.

Wall Street expects competition from media companies such as Amazon [AMZN] and Disney [DIS] to weigh in on Netflix revenue. Despite the recent pullback, Netflix has outperformed markets in 2018 and gained 36% this year.

Market Cap: $114B

Change: -9.6%

Total Loss: $13B

Business

How Big Real Estate Moguls Avoid Taxes (And How You Can, Too) 👀

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I was looking around Google for an old article on tax strategies and this five-year old video of myself happened to pop up.

I’m interviewing a tax expert about how real estate investors avoid paying taxes in perpetuity—AND how everyday citizens can do the same thing.

(Real estate—our TEMPLE I and TEMPLE II projects included—has a number of tax benefits savvy investors have capitalized on for years, including Opportunity Zone breaks and 10-year tax abatements.)

There’s the 1031 exchange, of course, which I’ve shared with you guys before. 

Just to refresh your memory, the 1031 Exchange allows you to roll over gains from your last project into a new property TAX FREE—as long as said property is worth the same or more.

But there’s ANOTHER TAX LOOPHOLE that can take your portfolio to an entirely new level by splitting your capital gains into MULTIPLE properties.

So I thought I’d share it with you guys. 💎

You can check it out here.

Let me know what you think. 😎

PS: In our next update, I’m going to break down how real estate moguls get paid from their properties…tax free. 👀
PPS: If you want to learn how to implement generational wealth strategies like this one, you can join our NYCE wealth academy (TRIBE U) here.

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Business

How I run a $300M+ business from the beach…(and how you can TOO!)

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Yes, you read that right.

If there’s anything the pandemic taught us, it’s that the paradigm of “office” and “workspace” has been shaken to its CORE.

Universities are teaching via Zoom, court dates are done virtually, FULLY REMOTE businesses are valued at $1B+, and legitimate Inc. 5000 startups are run from…wherever. 📲

This is my office for the day…

I am actually running our business from the beach, typing this from here.

It’s 4:28 pm CET, which means it’s 10:28 am EST and I am CRUSHING my to-do list.

(And the team will continue to crush it while I’m asleep. That’s the 🗝)

So how did we get here? 

We launched NYCE and our mission to create 100,000 millionaires in March, 2020…just as the global COVID-19 lockdown happened. 😳

As a result, we shut down our main office and set EVERYTHING up to run remotely…

SMOOTHLY! And a system that allows us to outperform competition by 200%. (You can build this system, too. More on this in a second.)

Here’s what we were able to do since then:

  • Gained 6M+ followers across all platforms 📈
  • Add 1500+ new apartments to the portfolio 🤑
  • Grow to $300M in real estate 🚀
  • 105% investor returns 🎉
  • 700K+ community members 🤝

And here’s the best part…

Having team members in all the main time zones gives us a 24-hour work cycle vs. 9-5/eight-hour on-the-clock performance.

This means we get 3x the productivity of a similar company. 🔥

Let me repeat that…3x PRODUCTIVITY vs. our competitors.

Meanwhile our project management software grants us 24-hour TEAM-WIDE connectivity that tracks all tasks and lets us know if productivity dips even a little bit.

There is ALWAYS someone senior awake. It could be Martin in Barcelona…Nat in New York…Vineet & Arif in New Delhi.

All the while giving YOU GUYS wealth hacks and daily content. 🔥

OK, so how can you do it?!

Well, the first step is to have an actual side hustle you’re launching. Not just an idea, a validated business.

MAJOR KEY: Do NOT spend money until you’ve made your FIRST DOLLAR! 🗝🗝🗝🗝

(You can catch a replay Business Launch masterclass here and see TRIBE member Nessa launched her business on the spot and got her first $45K client shortly after.)

One of the easiest ways to start is with Airbnb—you can start that in 10 minutes. Literally. (Here’s a guide if you need it.)

Once you have your business, you build a virtual infrastructure (you really just need two softwares, which are FREE), manage the team accordingly and run the business from there.

I’m gonna put together a step-by-step video breakdown this weekend inside the new TRIBE U on the FIVE key things you need to do this for YOURSELF. 💵 💎

From what software to use, how to build a team, how to keep.

In the meantime, drop a comment if you’re ready to build some wealth and any questions if you want more…

Let’s get to work. 🙌

PS: If you can’t be bothered with video and just wanna get to work, we’re hosting a TRIBE U workshop that will help you get this process started on the spot. It’s $479 $49. 🔥

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Money

CHART: How Blockchain Powers Bitcoin

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Blockchain, Bitcoin. Bitcoin, blockchain.

The two terms go hand in hand—and have become almost ubiquitous with this year’s insane rise (and fall) of Bitcoin.

But what does it all really mean? How does it come together? In this week’s chart, our friends at CB Insights break down exactly how blockchain powers Bitcoin.

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