📈 Bezos Dethrones Musk

Advertise with us | Our Newsletters | Your Rewards

Good Morning!

First up, we're slicing through the noise with "How Financial Samurai Would Invest $250,000 Cash In Today’s Market." Because let's face it, with that much dough, you'd want to be more ninja than novice.

Next, Bitcoin just took a breather after playing king of the hill, reaching a staggering $69,000! It’s like watching a financial 'Game of Thrones' with fewer dragons and more digits.

Then, we'll take a bite out of Apple's latest saga. Their value's taken a little tumble to $2.6 trillion as China's not buying iPhones like they used to. Is it just a slip or something more? Stay tuned.

And for the cherry on top, it's Billionaire Musical Chairs! Jeff Bezos has reclaimed his throne from Elon Musk as the world's richest person. It’s like watching an episode of "The Real Billionaires of Silicon Valley."

Grab your instant coffee and let's get into it! ☕️👇️
Coffee submitted by MIke - Send us your favourite order to win free Investing Journal Premium!

Markets

How I’d Invest $250,000 Cash In Today’s Market (8 minute read)
Investing your hard-earned cash, especially a handsome sum like $250,000, can feel a bit like navigating a rollercoaster in the dark these days, right? With the financial world doing its own version of a tango - what with 11 Fed rate hikes since 2022 and the stock market playing "how high can you go?" - things are indeed getting spicy.

Let's rewind a bit. 2022? Not the greatest year for your stocks and bonds portfolio. But 2023 turned the tables with the S&P 500 and NASDAQ flexing some serious muscle, up 24% and 43% respectively. Talk about a comeback!

Now, here's the golden nugget of wisdom: keep on investing. It's like planting a garden – different plants (or strategies) for different folks, but the key is to keep planting. Whether it's braving the stock market storms or riding the waves of potential rate cuts amidst peak inflation, the mantra is to let your money strut its stuff.

Investing

Bitcoin Cools Off After Knocking Out Fresh All-Time High Above $69,000, Smashing 2021 Record (2 minute read)
Bitcoin (BTC) zoomed past its 2021 record and hit a dizzying $69,200. But guess what? It seems like everyone suddenly got cold feet because finding buyers at that sky-high price was like finding a needle in a haystack. So, down it went, tumbling 6% to close at $63,300. It's like the crypto world's version of 'The Price is Right', but with a plot twist – nobody wanted to play at that price!

Jeff Bezos dethrones Elon Musk to become the richest person on Earth again (5 minute read)
it looks like Jeff Bezos is back on top of the billionaire's leaderboard, overtaking Elon Musk! According to the latest Bloomberg Billionaires Index, Bezos is sitting pretty with a cool $200 billion, while Musk is trailing just behind at $198 billion. Talk about a close race! It's been a bit of a financial rollercoaster, with Musk's fortune dropping by about $31 billion this past year, while Bezos' wealth ballooned by $23 billion. Meanwhile, Tesla's shares took a bit of a dive, dropping over 7% on Monday.

Apple Value Dips to $2.6T as China Sales Slip 24% in First Six Weeks of 2024. Can Nvidia Overtake? (5 minute read)
Looks like Apple's got a bit of a situation on their hands! Their shares have taken a 9% tumble this year, and Nvidia is hot on their heels, just $50 billion away from taking the crown. It's like a high-tech game of tag!

The drama unfolded with Apple's market cap dipping to $2.6 trillion. Their shares, with the snazzy ticker AAPL, dropped to $170 each, a number they haven't seen since last Halloween. So, what's the apple of discord here? Turns out, iPhone sales in China have hit a bit of a snag, falling by 24% early this year. Meanwhile, their rival Huawei is strutting its stuff with a whopping 64% sales jump.

🐥

Best of Twitter

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!

Share The Investing Journal with your friends to receive rewards!