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Read previewIn May 2013, at the age of 27, Jannese Torres says she had a "quarter-life crisis." Looking for a creative outlet that would allow her to immerse herself in something other than her career, she decided to start a food blog. In March 2014 she started a new role working as an engineer at L'Oreal — but she continued working on her blog in her downtime. In 2021, she earned $144,000 from her food blog, which more than matched her previous salary of $118,000 per year, according to documents seen by BI. While she continues to build her blog, Torres plans to carry on sharing her journey online and teaching others how to build their own blogs so they can become financially free.
Persons: , Jannese Torres, Torres, wasn't Torres, L'Oreal —, she'd Organizations: Service, Business, Puerto Rican, L'Oreal, BI Locations: Puerto Rican, New York City
As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Bartolini lists price momentum as a third driver of the investor shift. His SPDR Euro Stoxx 50 ETF (FEZ) is considered a broad European ETF. While the fund's top holding is LVMH at 7.29%, according to the company's website, Bartolini contends the shift applies beyond luxury stocks and to lower-end consumer stocks. His firm's website lists French cosmetics company L'Oreal — which is up almost 30% this year — as another one of his fund's major holdings.
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