Rambling Mind

In this news episode, we discuss the Antitrust Hearing for Big Tech namely the CEOs of Apple Tim Cook, Amazon Jeff Bezos, Facebook Mark Zuckerberg, and Google's Sundar Pichai. From there we talk about the new Stimulus Package that was announced by the leaders of the Senate called the HEALS Act. WE talk a bit about the Baseball Season and the rise in cases for a team and how that relates to future events moving forward. Then we talk about Kodak becoming not so Kodak. We touch on the fact that unemployment just started showing a worrying trend of increasing in the last few weeks due to the increase in recent COVID-19 cases. Did you know that the US is seeing a loss of $48 billion worth of coins?

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In this episode, we discuss three keys to ensure your success with money. 

Everything in this episode will be basic no-brainier things that we all know we should do but have found ways not to do. I am by no means the smartest man alive. I just believe that most things in life comes down to very simple and repetitive actions. Compound Interest is the greatest force and that is amplified when we do things regularly.

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In today's episode on Business News, we have everything from Tesla announcing profit for the 4th straight quarter meaning it might be on its way to joining the S&P 500. We have CEOs from companies like JCPenney, Hertz, Chuck E. Cheese, Neiman Marcus, getting maybe bonuses after declaring Bankruptcy for their companies. Congress is also back in session and there is a possibility of a new Stimulus Package being signed by the end of the week. Also, the Five Biggest Tech companies go before Congress to discuss their antitrust behaviors. 

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Website: https://ramblingmindshow.com/

This podcast will be focused mainly on those twenty-something year olds who will be starting new jobs in the Fall, but I believe every single person can learn a thing or two from this episode that can help them in different stages of life. Although I am not the oldest person ever, I have learned a few things in my short amount of time on this Earth. In this episode, I talk about 4 lessons that I have learned that can help anyone going through life changes and how to think through different situations in your life. The lessons are as follows:

We dive into this more. Thanks for listening.

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Today, we discuss the earnings season for the Second Quarter of this year and things are not looking very hot. It is expected that companies within the S&P 500 will report 44% loss in earnings in the second quarter. First up we have the Big Banks from JP Morgan, Citgroup, Wells Fargo, Goldman Sach, and Back of America reporting their earnings this week. This will be key to tell us if banks believe the economic recovery will be fast or super slow. https://bit.ly/3h1xH04

There is a possibility that we might be going back into lock down due to the recent spikes in the corona virus cases and more importantly. Corona virus deaths. California just announced a shutdown to eating inside restaurants, bars, and all things of that sort. Literally going back to the March period. Big picture on California shutting down is this might cause a domino where other states also go back into a lock down mode. https://cnb.cx/391DyQo

Tesla keeps on flying super high with Elon Musk now being the 7th richest man in the world due to the stock price's explosions. Also along with this, Tesla might be getting into the exclusive stock price of being part of the S&P 500 index. https://bit.ly/2B1KU9M

WeWork the Financial World's favorite punching bag. Just announced that by next year it will be profitable. This is major news because WeWork was on the brink of complete bankruptcy last year. I mean we did multiple stories about how bad things were. But with new leadership. Seems they have managed to right the ship to get them on track to profitability. Turns out that also the pandemic period actually helped them survive as well. As more businesses are going remote and the need for permanent office space changes. More businesses are gonna need offices to lease for their workers to work closet to home. Large companies like Microsoft, Citigroup, and even TikTok have gotten into lease agreements with the company. https://on.ft.com/2C77E97

Extras

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In today's podcast, we discuss the best way to select the right stock for your portfolio. It can be a lot trying to determine the right stocks to add to your portfolio. Some people say invest in Penny Stocks. Some people say Growth Stocks is the way to go. Some people say Dividend Stocks are the best thing you can have. So many options and it can be confusing. Today, I break down the best way to analyze and determine the best choice for you. However, we have to start with the idea that stocks are business and not just numbers on a screen. Therefore to know the best option you must know about the business. The analysis of the company to understand it is called Fundamental Analysis. It has two parts: Qualitative and Quantitative

The easiest way to understand Qualitative Analysis is that this is the thing that makes a company special. It is the Mamba Mentality of the company. It is the sauce within the Krusty Krab burger that makes it dominate. Thing that makes the business special. On the other hand Quantitative Analysis is simple the numbers of the company. The financials, the dollars and cents of the company.

I will be focusing on the Qualitative Aspect of the business, with three questions:

Question 1: Do you understand the business?

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The Oracle of Omaha makes his move but it might just surprise you what Warren Buffet acquired. Great news from last week with unemployment falling however, not all that shines is gold. TikTok might get banned because China and Cyber security. And Wal-Mart trying to get in on the subscription game to beat Amazon at its own game.

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Continue to support and donate towards #BlackLivesMatter    Equal Justice Initiative: https://eji.org/ NAACP Legal Defense Fund: https://www.naacpldf.org/  National Urban League: https://nul.org/

WE discuss some of the lies we have come to believe about money and building wealth.

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Thank God we made it through the first Half of this year. Facebook going though an Ad Boycott. 

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Equal Justice Initiative: https://eji.org/  NAACP Legal Defense Fund: https://www.naacpldf.org/   National Urban League: https://nul.org/

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There is so much about money that seems extremely difficult to understand. So I break down the 4 MOST Important things to know about MONEY!!

Continue to support and donate towards #BlackLivesMatter

Equal Justice Initiative: https://eji.org/  NAACP Legal Defense Fund: https://www.naacpldf.org/   National Urban League: https://nul.org/

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