Tag: Stock market news

Who Makes Money From Professional Poker?

For nearly two decades ESPN broadcasts and an account named Moneymaker have given rise to a generation of poker players dreaming of turning professional and earning millions. I think everybody is just chasing those big six figure seven figure scores. But poker is a game of high risk – It’s worse than the stock market […]

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How Robinhood Makes Money

It’s a theme as old as money itself. The struggle between the rich and the poor. And it became especially apparent after the financial crisis. People were losing money hand over fist in the market, millions lost their jobs and their homes. Trust in Wall Street was at its lowest point in memory. People were […]

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Why Uber Is Losing Money

Uber is going public at a valuation of over $75 billion. The world’s biggest ride-hailing business is hitting the market just weeks after smaller rival Lyft. When you think about the excitement surrounding Lyft, multiply that for Uber. This is more global. It’s diversified. So there’s certainly a lot of excitement from public market investors. […]

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Mortgage Rundown: June 1st 2017

Hello everyone and welcome back to the Mortgage Rundown. Today we are going to talk about the Growth Story. Since the election there has been a sense of hope that growth in the United States will accelerate from the very lackluster pace over the last several years. The stock market certainly has accepted this narrative […]

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How Square Makes Money

Square, Inc has grown from a scrappy payments startup to a $26 billion FinTech giant. Square shares soaring on Thursday. I love this stock. It’s Square SQ the payment technology company that can turn any smartphone or tablet into a credit card reader. Not bad for something that started off as a side project for […]

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Why College Is So Expensive In America

College in America: it’s four years of all nighters, keg stands, ethnically diverse welcome brochures, Pinterest perfect dorm rooms and crushing student debt. I have $69,812, $47,000, $90,000, $35,000, $350,000, $60,000 worth of student loans. My minimum student loan payment is $1,000 a month. It should take me about 10 years to pay that back, […]

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Student Loan Forgiveness: Can The US Erase Student Debt?

Americans owe $1.57 trillion in student debt. That might be a hard number to wrap your head around. What it comes out to is $20,000 to $25,000 for the typical borrower, but of course that’s not evenly distributed. I have $69,812, $47,000, $350,000. More than 600,000 people carry higher burdens of $200,000 or more. Even […]

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Goldman Sachs’ Marcus Focus: Online Savings Accounts & Personal Lending

Jason Moser: Goldman Sachs Marcus. Apparently, they are looking to try to help consumers and/ or businesses manage debt a little bit more wisely. You had a chance to take a look at this is Marcus offering that they have, learn more about it. Tell me your takeaways with Goldman Sachs and Marcus. Matt Frankel: […]

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