Chances are good you’re doing a lot of “swiping” this time of year. Before you make that next credit card purchase (whether in person or online), make sure you avoid the following common mistakes. Failure to do so leaves you at serious risk of identity theft. 1. Don’t go “phishing.” Make sure emails you […]
The WhatsApp success story should come as no surprise to regular Daily readers. That’s because the company implemented most of Mark’s core methodology for creating successful businesses: Limit Your Preparation: Before you start your business, make sure you understand what is required in terms of time and money. And understand too how you are […]
“450, 32, 1, 0…” These numbers are a type of “secret code.” They were highlighted by Sequoia (hedge fund) partner Jim Goetz. He was describing the secrets to success for another high-profile startup darling: WhatsApp. WhatsApp created a $0.99 simple mobile text messaging replacement app. It’s like Skype for text messaging… letting you text with […]
“When the market turns, and it will… Many high burn rate companies will VAPORIZE.” That’s a tweet from Netscape founder Mark Andreessen. Web browser Netscape was how most folks “surfed the Web” in the modern Internet’s early days. Andreessen’s ominous comment refers to the amount of “high burn rate” startup companies enjoying valuations in the […]
That’s the dangerous headline of a recent CNNMoney article. A 2009 Drexel College graduate wrote it. He graduated school that year jobless, $50,000 in debt, and with $200 in his bank account. But unlike the student we featured in the December 10 Daily—who extinguished $13,000 in student loans in under a year by slashing expenses […]
From Grant Wasylik, chief analyst, The Palm Beach Letter: One of our Performance Portfolio holdings just announced another big “special” holiday dividend. Regular Palm Beach Letter (PBL) subscribers know we’ve stressed our “Special Dividend” theme for the last year. Special dividends—discretionary dividend payouts beyond the regular dividend payment schedule—are a way for us to collect […]
The Greek market crashed. Japan’s in a recession. Oil is plummeting. New defaults are feared. The list of scary headlines goes on and on… And all of these fear-laced concerns have caused the Volatility Index, or VIX, to spike almost 70% higher. The VIX is known as the market’s “fear gauge.” It closed above 20 […]