Many things are taking place:
Florida man received $1.9 million in coronavirus relief funds, used money to buy Mercedes,
President Donald Trump has his eye on hosting an election night party at his own hotel in the nation's capital.
Amy Coney Barrett was confirmed to the Supreme Court late Monday by a deeply divided Senate, with Republicans overpowering Democrats to install President Donald Trump's nominee days before the election and secure a likely conservative court majority for years to come.
YOUR MONEY with Mark: Indicators of a Resilient, Recovering Economy | wqad.com
When it comes to YOUR MONEY, we take it a step further. That's why Mark Grywacheski appears on Good Morning Quad Cities every Monday to give us his analysis of the latest business, economic, and financial news.
The COVID-19 Pandemic is not stopping us from spending. In fact, the latest retail sales report shows we're spending money at a record pace. In September, sales totaled $549B - the most in a single month.
Good Morning Quad Cities' Financial Expert Mark Grywacheski, Investment Advisor from the Quad Cities Investment Group, said on Monday, October 26th, 2020 that our shopping habits paired with other important indicators shows our resiliency during this pandemic:
Roll Raises Another $1M to Make Money Social - CoinDesk
Social money startup Roll is announcing the raising of $1 million from Fabric Ventures, IOSG, William Mougayar and others. The additional capital brings its total funding to $2.7 million.
Launched in summer 2019 , Roll allows people with followings to create their own currency and define the usefulness of that currency. For example, users might be able to redeem the social currency for access to the currency’s creator.
In a press release, IOSG’s Joyce Lin wrote, “Roll lets each creator have the freedom to determine the rules within their social economy.”
Other things to check out:
Shaquille O'Neal says Magic Johnson gave him this money advice
Despite now having a reported net worth of over $400 million , NBA legend Shaquille O'Neal says he used to be terrible with money. But he says, he got some good money advice early on from his mentor and former Lakers star Magic Johnson.
When O'Neal was starting out, "I didn't have the intelligence" around money, O'Neal told told entrepreneur and "Shark Tank" star Daymond John at a Black Entrepreneurs Day event on Saturday.
In fact, Shaq said he blew through his first million-dollar paycheck in an hour, buying matching Mercedes-Benzes for him and his dad and expensive jewelry. "I had a million, but I wasn't netting a million. I had no knowledge about FICA , state tax and income tax," O'Neal told John.
Was The Smart Money Right About Snap Inc. (SNAP)?
At the end of June, a total of 49 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 2% from the previous quarter. On the other hand, there were a total of 45 hedge funds with a bullish position in SNAP a year ago. With hedge funds' sentiment swirling, there exists an "upper tier" of noteworthy hedge fund managers who were boosting their stakes significantly (or already accumulated large positions).
[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position BK,48,4431288,-4 BMO,13,107019,0 STZ,53,1653433,3 TRI,25,440519,3 BBD,18,235952,3 PSA,26,712541,-1 SBAC,57,2165651,11 Average,34.3,1392343,2.1 [/table]
'Money Is Love, Too': 5 Lessons From Immigrants to Manage Your Wallet.
Adina Chelminsky's grandfather left Poland when he was just 13 years old and unable to speak a single word of Spanish. However, when he arrived at the port of Minatitlán in Veracruz, he had no money, but he began to work tirelessly until he managed to open a tlapalería that, believe it or not, continues to operate in Corregidora in Mexico City.
“The most important thing I know about finances I learned from my immigrant grandparents who came to Mexico with nothing,” said Chelminsky in her participation in MoneyFest 2020 . "My grandfather was a true entrepreneur because he knew that entrepreneurship was 50% sweat and not just having a 'millionaire' idea".
Happening on Twitter
Be selective. You go through people as if they don't drain your energy or create soul ties. Who you love, marry n… https://t.co/pu3antkkWO CHXPO (from Bleveland 💸 LA) Sat Oct 24 14:56:02 +0000 2020
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