Eye On AI, Eating Free, and Money-Making Side Hustles

Think you can beat the market? Hear this cautionary tale...                                                                                                                                                                                                                                                                                                                                                                                                                 January 16, 2024 | [Read Online]( Good morning. It's Tuesday Jan. 16, and we're covering how to beat the market, side hustle ideas to make money, a rental crisis, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: January 16, 2024. The S&P 500 and the Nasdaq ticked higher on Friday, while the Dow ended in negative zone amid mixed fourth-quarter earnings results. Market participants gauged key inflation data and expected the Federal Reserve’s rate cuts in March. The Dow Jones Industrial Average (DJI) declined 0.3% or 118.04 points to close at 37,592.98. Notably, 15 components of the 30-stock index ended in positive territory, while 15 ended in negative zone. [The tech-heavy Nasdaq Composite finished at 14,972.76, rising 0.02% due to the strong performance](of large-cap technology stocks. The major gainer of the Nasdaq Composite was MercadoLibre, Inc. MELI, after jumping 4.2%. MercadoLibre currently carries a Zacks Rank #1 (Strong Buy). Financial Maverick Insights Think you can beat the market? Hear this cautionary tale Property or shares? That is the never-ending question. The older I get, the more I prefer shares, and recently I wrote about an investment unit I bought for $220,000 in 2003, which I’m about to sell for $550,000. It sounds a good deal on the face of it, but when I ran the numbers through the stock market calculator on my website, I discovered that if I had invested $220,000 in the All Ordinaries Accumulation Index 20 years ago, I would now have $1.23 million. That’s a compound gain of 9 per cent per annum – and there’s more. Instead of getting a taxable income of $500 a week rent – less outgoings such as body corporate fees, rates, insurance, and land tax – that $1.23 million in an index fund would be returning $55,530 a year, or $1063 a week. The cream on the cake would be that the income would be almost tax-free, thanks to franking. [One reader gave me a dressing down. He claimed that he put $300,000 into a portfolio just before the global financial crisis]( and lost a third of his capital. Fifteen years later, the portfolio still hasn’t recovered. I pointed out to him that according to my stock market calculator, his portfolio would now be worth $738,000 if the money had been invested in a fund that matched the All Ordinaries Accumulation Index, and assuming all dividends are reinvested. Side Hustle Ideas to Make Money From Home in 2024 Your current occupation may be the one you’ve always dreamed of, but it might not fulfill all your needs. It could lack the financial stability and security you desire or cannot provide opportunities for professional growth while still wanting to stay. Regardless of the reasons, having a side job could solve whatever predicament you find yourself in, whether it’s generating extra income, acquiring new skills, or expanding your network within your industry. Based on a survey conducted by FlexJobs with over 2,000 employed professionals as respondents, nearly one-third (30%) acknowledged having at least one side job. Over 11% admitted having more than one side job. Another 38% expressed their interest in finding a side job. This shows that a significant majority (69%) of currently employed professionals either have or desire to have a side hustle to make money. However, there isn’t a specific category called “side hustle” regarding jobs. So what exactly is considered as such? And how can you find the right side hustle from home for yourself? [We’re here with tips on researching and securing an ideal side gig that suits your needs and aspirations.]( Real Estate News New Year, Same Housing Unaffordability Issues Veros Real Estate Solutions has released its 2023 Q3 VeroFORECASTSM which anticipates nationwide hom... Rental crisis: Real estate agency changes ad after 'horrifying' detail noticed At first glance it could be missed, but there's one standout feature in this Aussie rental raising eyebrows. Exploring the Best Real Estate Agents in Laval: Insights from Rate-My-Agent.com Exploring the Best Real Estate Agents in Laval: Insights from Rate-My-Agent.com - Off Plan Property Exchange Learn How to Transition 2023 Success Into 2024 As real estate firms head into a new year facing profit margin compression, recruiting ambitions and challenging goals to expand Personal Finance Tips 5 Reasons to Use Home Equity Thinking about borrowing money by tapping your home equity? Here are five scenarios where it makes financial sense. 5 Simple Budgeting Methods | LendingTree There are different ways to budget your money, and each one has its pros and cons. Here’s a list of five popular and useful budgeting methods to consider. 25 restaurants where kids eat free (or super cheap) Discover restaurants with "kids eat free" deals and other discounts that can make dining out with children a heck of a lot more affordable. Learn How to Transition 2023 Success Into 2024 As real estate firms head into a new year facing profit margin compression, recruiting ambitions and challenging goals to expand Alternative Investing Crypto market sentiment turns ‘neutral’ days after spot bitcoin ETF approval, index shows The Crypto Fear and Greed Index fell to the “neutral” level after staying in the “greed” phase since late October. Eye On AI: More Regulators Look Into AI Investing It’s been nearly a year since Microsoft announced its $10 billion megadeal with OpenAI — the biggest startup funding round of 2023 in any sector. Elon Musk details personal, SpaceX crypto holdings In a recent discussion on X (Twitter), Musk revealed he owns a "bunch" of one crypto and his space-focused companies holds another. Do you think of yourself more as a saver or a spender? [Saver]( [Spender]( Reach Over 100,000 Financial Mavericks Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. 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