For many people who pursue FIRE, there’s a savings target they want to hit, at which point they will have reached financial independence, as they define it, and be able to retire on their own terms.
— Read on www.cnbc.com/2019/06/27/how-to-figure-out-how-much-money-you-need-to-retire-early.html
Category: Blog
Bitcoin sell-off accelerates, breaking below $11,000 – Reuters
A pullback in prices of bitcoin deepened on Thursday, falling over 16% to below $11,000 after jumping to 18-month high of nearly $14,000 earlier this week amid optimism about the widening usage of digital currencies.
— Read on www.reuters.com/article/us-crypto-currencies-bitcoin/bitcoin-sell-off-accelerates-breaking-below-11000-idUSKCN1TS2Q9
Bitcoin Almost Wipes Out Mega Gain Just as Swiftly as It Came – Bloomberg
Bitcoin’s rise was meteoric this week — and its decline has been just as swift.
— Read on www.bloomberg.com/news/articles/2019-06-27/bitcoin-almost-wipes-out-mega-gain-just-as-swiftly-as-it-came
Loonie could hit 80 cents US before Bank of Canada crashes the party | Financial Post
‘… an exercise to discover the Bank of Canada’s pain threshold’
— Read on business.financialpost.com/investing/loonie-could-hit-us0-80-before-bank-of-canada-crashes-the-party
Jamie Dimon weighs in on student loan debt
JP Morgan’s Jamie Dimon says student lending “is a disgrace and it’s hurting America.”
— Read on www.cnbc.com/2019/06/26/jamie-dimon-weighs-in-on-student-loan-debt.html
Infographic: How Long it Took Billionaires to Earn Their First $1 Million
For the world’s wealthiest self-made billionaires, how long did it take to earn the very first $1 million of their vast fortunes?
— Read on www.visualcapitalist.com/how-long-it-took-billionaires-to-earn-their-first-1-million/
Bitcoin Goes Parabolic as Bubble-Like Gains Come Roaring Back
(Bloomberg) — Bitcoin’s furious run is starting to look more and more like it did at the height of crypto-mania two years ago.The virtual currency surged as much as 14% on Wednesday, topping $12,900 for the first time since January 2018, and bringing its gain since early April to more than 200%. Its
— Read on ca.finance.yahoo.com/news/bitcoin-goes-parabolic-bubble-gains-081353048.html
Bank of America Sees Risk of $30 Oil If China Devalues Yuan – Bloomberg
A further deterioration in relations between the U.S. and China could set off a chain of events that would push oil down more than 50% to as low $30 a barrel, according to Bank of America Merrill Lynch.
— Read on www.bloomberg.com/news/articles/2019-06-26/bank-of-america-sees-risk-of-30-oil-if-china-devalues-yuan
Bitcoin Goes Parabolic as Bubble-Like Gains Come Roaring Back – Bloomberg
Bitcoin’s furious run is starting to look more and more like it did at the height of crypto-mania two years ago.
— Read on www.bloomberg.com/news/articles/2019-06-26/bitcoin-tops-12-000-level-for-first-time-since-january-2018
Infographic: The Geography of the World’s 50 Top Billionaires
Where do the world’s top billionaires live, and how has this distribution changed over time? We take a look at the top 50 billionaires .
— Read on www.visualcapitalist.com/geography-worlds-50-top-billionaires/