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Added on the 25/09/2020 19:30:39 - Copyright : Euronews EN
Tiffany Wood has been an active 'super user' seller on Poshmark since 2015, and her loyalty has truly paid off. According to Business Insider, Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. In a leaked email, Poshmark let super users know the company had reserved 330,000 shares that they, and their friends and family, could purchase. The max buy was 150 shares. Wood bought 149 shares at $42 a share--the initial share price. On day one, her stock went up to a value of $14,378. By the market's close on Friday, shares were trading at $83.20. Wood's stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled!
Ramit Sethi is the author of 'I Will Teach You To Be Rich,' and its associated courses and seminars. His material is wildly popular, and provides many techniques for building wealth. Some focus on entrepreneurship, and others focus on investment. One reader, Sunny Shah, built his own savings and investment portfolio by using just two techniques Sethi suggests. According to Business Insider, he first used the pay-yourself-first strategy to prioritize saving. Shah scheduled his deposits to his savings and investment accounts even before payments for household bills or discretionary spending. And he used a dollar-cost averaging strategy to save for retirement and other long-term goals, investing the same amount each month automatically. Now just 25 years old, Shah's savings and investment portfolio has surpassed the $100,000 mark!
Financial planners do know quite a bit about money, generally speaking. But even they get surprised sometimes by unexpected costs. And according to Business Insider, financial planners say first-time parenthood is a minefield for such unexpected financial demands. To begin with, just giving birth is an expensive practice. For a woman with insurance, the average birth costs $10,808 without any complications. Once baby arrives, your food bill will go up. A lot. Formula is expensive, especially if baby has special dietary needs. Kiddie meals at restaurants aren't that cheap, either. And teen boys are walking refrigerator-inhalers! And public school isn't really free. School supplies, books, uniforms, sports equipment--the list is endless. Keeping kids engaged and learning after school isn't free, either. Lessons, scouting, clubs, summer camps, family vacations all cost a very pretty penny! Finally, medical care and daycare costs for children can drive parents to distraction. You've been warned!
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An easy price guide for everything from hotel stays to a refreshing beer. Travelers can plan their budget before traveling to Geneva.
The global beauty business is a billion dollar business. 85 percent of the cost is paying for marketing, packaging, and brand prestige.
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