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Bad Investments, Start Saving, and A Tale of Two Markets

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Mon, Feb 12, 2024 03:30 PM

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If I Could Go Back, Here's 1 Financial Mistake I Wouldn't Repeat                        

If I Could Go Back, Here's 1 Financial Mistake I Wouldn't Repeat                                                                                                                                                                                                                                                                                                                                                                                                                 February 12, 2024 | [Read Online]( Good morning. It's Monday, Feb. 12, and we're covering how to start saving, side hustles that pay the most in a single day, how to develop a personal brand as a real estate agent, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: February 10, 2024. Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion. The Amazon executive chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of common stock on Feb. 7 and Feb. 8. The collective value of the shares of Amazon, which is based in Seattle where he founded the company in a garage about three decades ago, was more than $2.04 billion, according to the listed price totals. [The stocks were grouped in five blocks between 1 million]( and more than 3.2 million. In a separate SEC filing, Bezos listed the proposed sale of 50 million Amazon shares around Feb. 7 with an estimated market value of $8.4 billion. Financial Maverick Insights How Can I Start Saving? Saving money for a rainy day is important. When it comes to preparing for the future, there are a few things you’ll need to stay financially savvy. First, you will need an income that exceeds your monthly bills. That’s where a budget comes in. To create a basic budget, you’ll need to add up your bills, subtract them from your income, and determine how much is left over. The next step to saving involves some strategy. What is your motivation to save money, aside from the need for an emergency fund? It’s easier to save when you are passionate about what you are saving for. What is the monetary and personal value of that item? Will it appreciate (grow in value) over time? One of the best feelings I ever had was owning my first home, although it’s not for everyone, and it comes with major challenges of its own. Another strategy is paying yourself first. Before I go shopping, I set aside some income for savings. If I can pay my bills as soon as I get paid, then I can save a bit before spending the rest. I still try to keep leftover spending money for unexpected costs and for fun activities each month. It’s important to support my mental health by finding exciting things to do. But saving for the future has big benefits as well. Also, I try to tell myself that I won’t touch my savings account unless an emergency happens, or until I have enough to get what I’m saving for. Some financial institutions (credit unions or banks) may have high-interest savings accounts where money grows even faster. Be sure you understand the terms of the account: Can you access the money without paying penalties; are there monthly fees; is your money easily accessible in case of an emergency? [While there are many other strategies for saving,]( the ones listed above have transformed the way I save, personally. The Side Hustles That Pay The Most In A Single Day, Ranked With almost 40 percent of Americans now working extra jobs alongside their full-time roles, side hustles have become a popular way to earn some dollars on the side — but some of these gigs are more efficient earners than others. To determine which side hustles pay the most for a single day of work, NetCredit analyzed data on freelance ad rates from Fiverr, and ranked different side hustles based on the average base price for services with express 24-hour delivery time. The study only included sellers that were level one, level two or top-rated, categories with more than eight ads and countries with at least five categories of service. Key Findings: The world's best-paid side hustle is mobile app developer in Ukraine, with an average daily earning of $471.11. In the US, the highest-earning side hustle is marketing strategy, which pays an average of $178.08 for a day's work. [When it comes to AI-related side hustles in the US,](the highest-paying gig is making AI spokespersons videos ($131.40 a day). Real Estate News How to develop a personal brand as a real estate agent - AZ Big Media From cultivating community engagement to embodying integrity & market expertise, here's how to develop a personal brand as a real estate agent Can estate agents really charge higher fees whilst reducing reliance on portals? - Property Industry Eye Can estate agents really charge higher fees whilst reducing reliance on portals? US Housing Market Predictions (2024-2028): A Tale of Two Markets Experts predict US housing market stabilization and moderate appreciation from 2024-2028. Southern regions will see significant growth, while affordability remains a concern. Personal Finance Tips Tax Refund Payment Date: Can tax refunds be paid on weekends? Tax season is about to come once again for all those tax payers who are up to date on their payments and taxes. There are many questions that emerge constantly about the way people I’m a Financial Expert: Always Buy the Cheapest Version of These 10 Things When it comes to spending money, it's not always about how much you have in your bank account. If I Could Go Back in Time, Here's One Financial Mistake I Wouldn't Repeat This writer has made her share of financial blunders. Read on to learn about one regret she has to this day. Alternative Investing Elon Musk's Neuralink moves legal home to Nevada Elon Musk's brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla. Top Analyst Unveils Massive Bitcoin Price Target by End of 2025, Says BTC Chart Looks Beautiful A closely followed crypto strategist who nailed the end of Bitcoin’s 2021 bull market believes that BTC will print nearly 4x gains before 2025 expires. Are Meta, Microsoft, and Nvidia Now Bad AI Investments? Big Tech is flying over the last year. So is this a train you want to be on board, or has it pulled into its proverbial final stop? Do you need to pay off credit card debt? [Yes]( [No]( Reach Over 100,000 Financial Mavericks Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. The Mavericks are high-income and highly knowledge people who are always looking for an interesting product or tool. [Get In Touch]( Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! [Share the newsletter]( DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. 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