Wealthfront, the Silicon Valley’s premier automated investing service, recently announced its decision to lower the minimum initial deposit requirement from $5,000 to $500, thereby giving younger individuals the ability to invest in an incredible product. For those unfamiliar with Wealthfront, it is a “robo-advisor” service that automatically allocates deposits into a diversified ETF (Exchange-Traded Fund) portfolio.
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Building America's Next Bomber
You can’t put a price on freedom; or maybe you can ($598 billion per year). In other words, there’s nothing wrong with spending tax dollars to maintain American exceptionalism. While we may allocate more money to defense each year than the next 13 countries combined, and develop technologies decades ahead of our enemies’ capabilities, the costs associated with a predominantly Russian or Chinese global sphere of influence are far higher.
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Uber Beats Facebook To $50B Valuation
In the world of venture capitalism, funding comparisons are often drawn between startups and more “mature," publically traded companies. Interestingly enough, in one of the most prevalent comparisons, Facebook (FB), which is possibly the most controversial startup to date, now represents the standard for “old” tech companies.
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Netflix Is On Fire
Wall Street's favorite momentum stock, Netflix (NFLX), has been on an unprecedented upward tear. The company’s share price recently broke its all-time high, peaking at $704 as of yesterday's close. Over the past week, shares of Netflix settled around $675, having more than doubled since its 52-week low of $315.54; Netflix is also well above its 50-day moving average of $617.96.
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Diageo, An Unknown Goldmine
Yesterday I offered an analysis and prospectus of adult beverage conglomerate Brown-Forman (BF-B), one of the largest alcohol distributors in the world; it is also one of our meticulously selected growth stocks. Today I will focus on its bitter rival, Diageo (DEO). Just as Coca Cola (KO) competes with PepsiCo (PEP), and McDonald's (MCD) battles Burger King, Diageo is conducting all out war with Brown-Forman.
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Chinese Hackers Boost Cyber Security Stocks
As the tech-driven Nasdaq continues its strong 2015 run, already up nearly 9% YTD, one particular sector continues to make headlines for its huge gains: cyber security. Thanks to newsworthy security breaches of celebrities (Kate Upton), corporations, and most recently, the U.S. government, cyber security stocks are on a momentous rise.
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Who Actually Owns Jack Daniels?
Simply put, everyone has a favorite drink. Combinations of tequila, whiskey, rum, gin, and bourbon make for fun and (un)forgettable nights. Whether you're a fan of cheap, fruit flavored vodka, or you prefer exquisitely aged cognac, few people actually know about the companies behind their favorite alcohol brands.
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