Author: tremendousblog
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The Problem I don’t know about you, but I’m starting to lose patience with bonds. The yields are rock bottom. Inflation is high. And the interest rate outlook is pointing in one direction: up. This would mean substantial losses for bonds. So I’ve been looking into high dividend stocks as…
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Fascinating news from AMC: AMC Entertainment Holdings Inc., already bolstered in the past year by technology, may go even further by issuing its own cryptocurrency. The Leawood-based company’s CEO, Adam Aron, said on CNBC that the company is getting “hyperactive” when it comes to cryptocurrency, though he added that the idea is one…
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+ AMC, Blockchain, Crypto, Cryptocurrency, Finance, Investing, Reddit, Stock Market, Stocks, Tech, Wallstreetbets+
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My wife, who is from Japan, recently showed me a cartoon. It may be the cutest thing in the known universe: The star: the adorable Hamutaro! Hamutaro is an enchanting little hamster who has all sorts of adventures. In this opening song, you can see him running around the globe,…
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I recently sent a wire transfer. The money was destined for a promising tech startup. I was so excited! Then I logged into my account a few days later and noticed a mysterious $20 charge. Next to it, the dreaded words “Wire Transfer Fee.” Eww. Why should sending what amounts…
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+ Blockchain, Crypto, Cryptocurrencies, Cryptocurrency, EGLD, Elrond, Finance, Investing, Stock Market, Stocks, Tech+
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Almost every dating app out there today is fundamentally the same. You swipe, you match, you text. They have different names but offer the same one-dimensional experience. Bored yet? Enter Kippo, a new app that specializes in helping video game fans find dates and new friends. Your profile is a…
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After nearly 9 months, the Securities and Exchange Commission released its report on January’s meme stock mania yesterday. Their dramatic conclusion: There are many different types of investors, and they buy and sell stocks for many different reasons. Good thing we’re paying these guys, huh? The report is mostly a…
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A new lawsuit in federal court in Florida alleges that a top Robinhood executive sold his stock shortly before he limited buying in shares of some meme stocks: Robinhood Securities President and COO, James (Jim) Swartwout, who Tenev points to as making the ultimate call to PCO, says in an…
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On January 28, 2021, Robinhood cut off buying in shares of AMC Entertainment Holdings, Inc., GameStop Corp. and other popular stocks. This caused the shares to fall, infuriating investors. Just 3 days before, Robinhood CEO Vlad Tenev and top engineers knew the platform was under incredible stress. From an internal…
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Some unusual online behavior from major broker Citadel Securities recently: “Refuse to believe an American landed on the moon.” Does this sound like a normal PR department of a major company? Not remotely. With the hyperbole and mudslinging, Citadel Securities sounds like an online troll. The Financial Times notes that…
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+ Business+ AMC, Citadel, Finance, Gamestop, Hedge funds, Investing, Reddit, Stock Market, Stocks, Stonks, Tech, Wallstreetbets+
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The US West Coast wildfire season used to be 4 months long. Now it’s 8, running from May to January. 2.5 million acres of land have burned in California alone this year. But for desperate homeowners in fire prone regions, there may be hope. Several new technologies have been developed…
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Tremendous 