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About six months later, after doing their own research, they discovered low-cost index fund investing , a relatively low-risk and hands-off strategy that aims to match the returns of a specific market index. Putting their money to work in stock market index funds helped them reach their current net worth of just above $1 million — but it’s not their only investment. BI verified their net worth by looking at investment account screenshots and property appraisal documents. Bond market index funds“While stocks and rental real estate can generate high returns, they’re also volatile,” they write. “To smooth out the ride, we hold bonds.”Specifically, they hold the Vanguard Total Bond Market Index Fund ( BND ).
Persons: Lauren, Steven Keys, , ” Steven, Steven, we've, it’s, , they’re, Keys, “ It's, Roth IRAs, Roth Organizations: Business, Vanguard, Market Index, Index, ” Employees, HSAs Locations: Gainesville , Florida, We're
I had a surprising experience on the Venice Simplon-Orient Express, a luxury sleeper train. The train exceeded my expectations with a red carpet, fine dining, and a dress code. But none of those rides surprised me like the Venice Simplon-Orient Express, a luxury Belmond train made of vintage Orient Express carriages that are nearly 100 years old. I recently booked a one-night ride from Paris to Venice, Italy, in the cheapest available accommodation, a private cabin that cost $9,000. This was my first-ever luxury train ride, and while I expected high-end details, some surprises made my trip feel more lavish than I'd anticipated.
Persons: , I've Organizations: Orient Express, Service, Amtrak Locations: Venice, Europe, Coast, Germany, Austria, Italy, Paris
Celebrity Chef Robert Irvine said he travels with a blender to make protein shakes on the go. One of his recipes is a peanut butter banana shake he likes to have after a workout. The shake has 5 ingredients and 44 grams of protein, along with healthy fats and carbs for energy. AdvertisementOne of his favorite recipes is a high-protein shake with banana and peanut butter. It's got plenty of protein from the whey, plus the peanut butter and almonds give you even more protein and healthy fats," he said.
Persons: Robert Irvine, , you'd, he's, Irvine, It's Organizations: Service, Food, Royal Navy Locations: Irvine
CNN —Fourteen people were injured, including two seriously, after a tree fell onto the tracks of a children’s roller coaster at an amusement park in the Spanish region of Catalonia Sunday. Strong winds caused the tree to fall on the “Tomahawk” children’s roller coaster at the “PortAventura World” park in Vila-Seca, about 90 kilometers (56 miles) from Barcelona on Sunday morning, according to the park. Catalan emergency services said they had treated the 14 injured people, two of whom were taken to hospital with serious injuries. “This Sunday morning, due to strong winds… there was an incident caused by a tree falling close to the Tomahawk ride,” the theme park said in a statement, per Reuters. The PortAventura World park is the most visited amusement park in Spain and the sixth most visited in Europe, according to PortAventura.
Organizations: CNN, Reuters, Locations: Spanish, Catalonia, Vila, Seca, Barcelona, Spain, Europe
The Super Bowl has always been a draw for billionaires and powerful executives. Elon Musk and Rupert Murdoch at the Super Bowl on Sunday. For an extra $10,000 to $250,000, Carrega arranges in-suite meet-and-greets, pre-game huddles, and photo ops with former Super Bowl champions or commentators. Kevin Mazur/Getty ImagesWhen it comes to accommodations, Vegas is proving easier than many other Super Bowl destinations, Brown said. Charter service VistaJet , whose private flights cost between $14,000 and $25,000 an hour, recorded a 25% increase in flight bookings over last year’s Super Bowl.
Persons: , Taylor Swift, Hunt, Denise York, Elon Musk, Rupert Murdoch, ’ Michael Rubin's, Josh Harris, Robert Kraft, Goldman Sachs, David Solomon, Caitlin O’Hara, ” Elisabeth Brown, Barnabas Carrega, they're, Brown, “ Price, ” Carrega, Carrega, ” Brown, ” She’s, Savage, Kevin Mazur, Wynn, Leona Qi, you’re, ” Qi, , Organizations: Service, Business, Chiefs, 49ers, Forbes, Patriots, Reuters, , Knightsbridge, Super, Vegas, Davos Locations: Las Vegas, Sin City, Las, Tampa , Florida, Vegas,
Not having a car means I don't have to worry about having bills for car payments, gas, parking, and car insurance, not to mention regular and surprise maintenance costs. I spend a lot of time planning out my bus routes, especially to nearby cities. I see the bus ride as my third place, somewhere I can spend time doing things that make me happy. Learning the bus routes has also helped me explore neighborhoods in Seattle. And if I ever need a car ride, an occasional Uber ride is much cheaper than owning a car on my own.
Persons: I've, I'm Organizations: Service Locations: Seattle, Portland, Vancouver
This accounts for tips, bonuses, and expenses — and defines an engaged hour as time spent on rides. AdvertisementHow Lyft calculates earnings and expensesUsing car ownership data from AAA, Lyft estimated that the typical driver has $7.02 per engaged hour in marginal driving expenses, bringing the typical driver's net earnings per engaged hour, after expenses, to $23.46, per Lyft's calculations. Lyft said a large majority of its drivers don't solely rely on Lyft driving for their total income. 94% of Lyft drivers drive less than 20 hours a week, while two-thirds drive for other apps. Nationwide, the 20th percentile for Lyft driver earnings averaged $17.46 per hour after expenses, while the 80th percentile is $33.09 per hour.
Persons: Lyft, , Uber, Sergio Avedian, Guy Organizations: Service, AAA, BI, Nationwide, Chicago, Business Locations: Southern, Atlanta, Dallas, Houston, Miami, Orlando, Charlotte
Don’t push forward in line to catch up to your party. Everyone is trying to get to the same place when they're waiting in line. Timothy MooreIf you have someone in your party far up ahead in line for a ride, you may be tempted to push forward. This practice has become increasingly popular in recent years — and increasingly annoying for those of us patiently waiting our turn. But the best solution to avoiding this altogether is just not entering a line until your whole party is together.
Persons: Timothy Moore
Popham’s wife, Mel, would have a conversation with her husband and an hour later he would have “no recollection,” he tells CNN Sport. Richard Boardman, the lawyer representing the claimants, told CNN Sport that this is causing an “existential threat” to the game. “As far as the brain is concerned, it doesn’t matter what sport is played,” Michael Grey, a neuroscientist at the University of East Anglia, told CNN Sport. Nowinski, a WWE wrestler turned neuroscientist, told CNN Sport that head injury protocols need to go beyond treating concussion. The paper, which looked at 412 Scottish former international male rugby players aged 30 and above and 1,236 members of the public who had been matched for age, sex and socioeconomic status, found that the rugby players’ risk of a dementia diagnosis over time was just over twice as high.
Persons: Alix Popham, Mel, , Popham, ” Popham, I’ve, Alix Popham of Wales, Pat Riordan of, Stu Forster, Lenny Woodard, Woodard, , “ I’d, I’d, ” Woodard, Brook Joyner, Richard Boardman, ” Michael Grey, Chris Nowinski, Scott McIntyre, Nowinski, ” Ann McKee, ” Boardman, Roger Goodell, University of East Anglia Boardman, Grey, , ” Steve Borthwick of, Alun Wyn Jones, Paul Harding, ” Grey, McKee, it’s, aren’t, we’re, shouldn’t, weren’t, ” Alix Popham Organizations: CNN, CNN Sport, rugby, Rugby, Alix Popham of Wales offloads, Pat Riordan of Canada, Wales, Getty, World Rugby, Rugby Football Union, RFU, Welsh Rugby Union, WRU, Springer, University of East, National Football League Players, Wrestling Entertainment, WWE, Washington Post, Boston University CTE Center, British Medical, Exercise, NFL, NFL.com, University of East Anglia, RBS, Nations, University of Glasgow, Boston University, University of Sydney, Scottish, , “ Rugby, England Rugby, Boston University’s CTE, CTE Locations: France, Wales, England, Canada, Nantes, Europe, University of East Anglia, American, Woodward, Boston
And it’s not just the winds making the waters rough – the Drake is basically one big surge of water. We’re not gambling.”Even with that extra safety margin, though, he admits that crossing the Drake can be a hairy experience. A dangerous thrillAurora Expeditions' Greg Mortimer ship has a patented bow to make a Drake crossing more stable. “The only thing that works for me is going to the ship’s medic for a scopolamine patch,” he says. “If you were going to the moon, you’d expect the journey to be uncomfortable but it’d be worth it,” she says.
Persons: CNN —, ” Alfred Lansing, Ernest Shackleton’s, Drake, , it’s, Mike Hill, Adam ”, Alexander Brearley, , ” “, Storm Isha, Brearley, That’s, It’s, Clelia, Fiona Stewart, Garett McIntosh, Horn, , Stanislas Devorsine, Sue Flood, Le Commandant Charcot, ” Devorsine, Devorsine, “ We’re, Jamie Lafferty, “ Drake, Greg Mortimer, Tyson Mayr, He’s, Mundy, Edwina Lonsdale, ” Lonsdale, Sylvia Earle, Lonsdale, DreamPictures, acupressure, ” Jamie Lafferty, I’ve, ” Warren Cairns, There’s Organizations: CNN, British Antarctic Survey, Atlantic, , AP, South America –, Aurora Expeditions, Institute of Polar Sciences, National Research Council of Locations: Antarctica, isn’t, South America, Ireland, Panama, Europe, South, California, New York, Cape Horn, South Africa, Australia, New Zealand, , France, Cape, National Research Council of Italy, it’s, Lonsdale
CNN —It wasn’t until after photographer Rita Nannini left New York that she grew fascinated by the city’s subways. Rita Nannini Exiting the A train station at Far Rockaway—Mott Avenue in Queens, the easternmost subway station in New York City. Rita Nannini Escalators at the 96th Street stop at the end of the Q line in Manhattan's Upper East Side. Rita Nannini A flight of stairs ascends to the A train station at Ozone Park—Lefferts Avenue in Queens. Rita Nannini A decade-long photo project documenting every New York City subway line Prev Next“It’s often said it’s that (my images show) the end of the lines — the ‘last stops,’” she said.
Persons: Rita Nannini, Nannini, — Nannini, ’ ”, ” Nannini, — Parsons, Archer, it’s, Kate Jones, Jones, , ’ ” Nannini, , Organizations: CNN, World Trade, Brighton, Grand Central Station, Shuttle, JFK, Grand Central, Apple, Central, New, Metropolitan Transportation Authority, , New York Locations: New York, Manhattan’s, Princeton , New Jersey, Manhattan, Forest Hills, Queens, Williamsbridge, Bronx, Brooklyn, Rockaway, New York City, Manhattan's, Coney, Broad, Bedford, East New York, South Ferry, Jamaica, , York City, York, Inwood, , Midtown, New
The S & P 500' s latest run to a record high last week took it through an obstacle course of macroeconomic and company-specific hazards. Stocks are not at all cheap, with the S & P 500 at 20-times year-ahead earnings, which probably will mute multi-year returns. The median S & P 500 stock is flat year to date, is up 13% over the past three months, has gained 30% off its 52-week low and is within 8% of its 52-week high. On Friday, even as a majority of stocks fell with the S & P 500 gaining 1%, there were 175 NYSE new 52-week highs compared to 54 new lows. Here are the equal-weighted industrial and consumer-discretionary sectors compared to the equal-weight S & P 5600 since just after the bear-market low in October 2022.
Persons: Stocks, Craig Johnson, Piper Sandler, it's, Steve Deppe, Jobs, Jerome Powell, Friday's, Henry McVey, KKR's, Keith Lerner Organizations: Treasury, Wealth Management, Meta, Microsoft, Truist, Equity Locations: Meta, handicapping
Once, I went about a decade without getting on, but it turns out riding a unicycle is like riding a bike: you don't forget. AdvertisementA lingering cough wasn't caused by COVID, but cancerIt was 2020, during the height of COVID. At first, the doctor thought it might be COVID, but when the cough got worse and worse, he ordered a CT scan. Immunotherapy worked better than doctors had hopedWhen I learned I had stage 4 cancer, my analytical brain kicked in. I'd had some symptoms that I didn't even realize were related to cancer — like rashes, anemia, and that cough.
Persons: Ed Bird, I'm, Truth, I'd, COVID, I've, Mary, let's, Mary I Organizations: Hermann
That's according to the "January barometer" from the "Stock Trader's Almanac," which argues that "as the S & P 500 goes in January, so goes the rest of the year." The S & P 500 has managed to trade above the 4,900 level already this month and is currently up 3.3% in the new year. That's enough to put the broad market index trading above Wall Street strategists' average 2024 target of 4,914, according to the CNBC PRO Market Strategist Survey. .SPX YTD mountain S & P 500 in 2024 Election Year Notably, 2024 is a U.S. presidential election year. By comparison, the S & P 500 typically gains 15% in those years with a higher January.
Persons: Stocks, Stephen Suttmeier, Suttmeier, Sam Stovall, Outperformers, Dow, Stovall, What's, — CNBC's Michael Bloom Organizations: Dow Jones Industrial, Nasdaq, Wall, CNBC, Market, Survey, Bank of America, Dow Jones Locations: U.S
Orlando, Florida CNN —A Florida woman sued Lyft earlier this month, alleging that she was raped by her Lyft driver in 2019 and that the assault resulted in the birth of her third child. Separately, at least a handful of Lyft drivers accused of sexual assault have been convicted in criminal cases. Genetic testing later confirmed with “99.9999999998%” certainty that the Lyft driver is the child’s father, according to the complaint. The Lyft driver rolled down the passenger side window, and Plaintiff confirmed the Lyft driver was there for her,” the complaint states. Lyft’s continuous criminal record monitoring began in April 2019, the month of Means’ alleged rape.
Persons: Lyft, Tabatha Means, , Uber —, Uber, ” Lyft, ” Means, Means, she’d, ” Tabatha, John General, Deborah Brunswick, ” Rachel Abrams, Peiffer Wolf, ” Abrams, wouldn’t, … I’ve, , Abrams, Organizations: Florida CNN, CNN, Court, ADT, Social, US, Department, RAINN Locations: Orlando, Florida, California
"Interest rates took the elevator going up; they're going to take the stairs coming down," McBride said. As the Fed goes into its first Federal Open Market Committee meeting of 2024, here's what that elevator ride up has looked like over the last 12 months in five major consumer categories: credit cards, savings accounts, certificates of deposit, auto loans and mortgages. Credit cardsNowhere has that express rate elevator been more obvious than with credit cards. Even as the Fed slowed the pace of increases over the last 12 months, the average APR for credit cards rose more than a full percentage point. He cautions, however, that buying a car is still a major expense, regardless of what interest rates are.
Persons: Greg McBride, McBride, they've, " McBride, They've, you've Organizations: U.S . Federal Reserve, Federal Reserve, Finance Locations: U.S
Say the premium is $2 on that $195 strike heading into earnings and I am sitting on 100 shares (remember every options contract represents 100 shares). If, however, shares hit the $195 strike, then I am, as the seller of that option contract, obligated to sell my shares at $195. To implement this strategy, you would sell a put at a higher strike price and then purchase another put as insurance at a lower strike price. In this case, we would be laying out $2 (paying $3 to buy the $195 strike and collecting $1 by selling the $190 strike). There are two high-level factors that determine an options price, intrinsic value and time value.
Persons: Jim Cramer's, It's, we'll, you'll, I've, it's, they're, we're, we've, We've, Jim Cramer, Steve Jobs, Tim Cook, Vega, Jim, Spencer Platt Organizations: CNBC, Jim Cramer's Charitable Trust, Club, Nvidia, New York Stock Exchange, Getty Locations: Delta, New York City
Read previewJason McConahy, a part-time Lyft driver in Las Vegas, sometimes drives as few as 10 hours a month. Several Uber and Lyft drivers have told Business Insider they've faced everything from rude comments to harassment while working — women drivers can face their own challenges. Business Insider asked six Uber and Lyft drivers why they value the social interactions that can come with ride-hailing. Riders, oftentimes, enjoy having someone to talk to as well, drivers told BI. "It's like therapy," said a Boston Uber driver in his 50s who asked to remain anonymous for fear of professional repercussions.
Persons: , Jason McConahy, McConahy, they've, Uber, Mark McCann, Larry, he's, Rich, Dean Ceran, they're Organizations: Service, Business, Atlanta Uber, Arizona Uber, Virginia Uber, Boston Uber Locations: Las Vegas, Dallas, Atlanta, Arizona, Virginia, Boston
The Portland, Oregon-based Uber and Lyft driver had been in construction his whole life until experiencing a major stroke a decade ago. "I get to thinking there's got to be something I can do besides this, but there's really not," Robert said. Robert is one of many gig drivers with disabilities who told BI they rely on gig driving to make ends meet and have few other options that accommodate their medical needs. Many Americans with disabilities are looking to gig driving for the flexibility it provides and the limited barriers to entry, though many including Robert said the work is unsustainable long-term. He relearned to drive with one leg and arm, and he realized he could take up gig driving to help supplement his SSDI benefits.
Persons: Robert, there's, Uber, he's, wouldn't, It's, Lyft, they're, I've Organizations: Service, BI, Research Locations: Portland , Oregon, Oregon, Washington
Zelenskyy's aides had a train ready for him to escape on in February 2022, a new book says. Zelenskyy refused to use the train and defiantly stayed to lead Ukraine's defense against Russia. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAt the outbreak of Russia's full-scale invasion of Ukraine, President Volodymyr Zelenskyy's security service kept a train idling in Kyiv to enable a quick escape out of the city, according to a new biography. Ukraine's then-defense minister, Oleksiy Reznikov, said that Russia was trying to make Zelenskyy panic and run, according to Shuster.
Persons: Zelenskyy's, Zelenskyy, , Volodymyr Zelenskyy's, Volodymyr Zelensky, Simon Shuster, Shuster, Ukraine's, Oleksiy Reznikov, Olena Zelenska, Pierre Crom, Viktor Yanukovych, Joe Biden —, Volodymyr Zelenskyy Organizations: Russia, Service, Reuters, Armed Forces of Locations: Ukrainian, Ukraine, Kyiv, Kyiv's, Russia, Poland, Armed Forces of Ukraine
A woman in Houston raised $42,000 off her claim that a man attacked her with a brick. Police said they have video evidence, but Osman told Business Insider the officers are lying. Osman told BI that she believes the police filed charges against her in retaliation for her reporting one of the officers who handled her case. Osman told BI that her friend made it for her because she wanted to help. Advertisement"There's no such thing as a perfect victim," Osman told BI.
Persons: Roda Osman, she's, Osman, , — Osman, Roda, GoFundMe, Douglas Organizations: Police, Service, Business, The Houston Police Department, BI, Houston Police Locations: Houston, Minneapolis
Read previewAshley Park, best known for her roles in "Emily in Paris," "Joy Ride," and "Beef," is recovering in hospital after suffering from septic shock following a bout of tonsillitis. In a post on Instagram on Friday, the actor shared that while on vacation in December, she developed a tonsil infection that "spiraled into critical septic shock, which infected and affected several of my organs." In the post, Park thanked her costar and boyfriend Paul Forman for helping her through "three foreign hospitals, a week in the ICU, scary ERs, countless scans and tests and injections," and "excruciating pain." According to NHS inform, "septic shock is a life-threatening condition that happens when your blood pressure drops to a dangerously low level after an infection." "Emily in Paris" star Lily Collins shared in another Instagram post yesterday that the cast had "reunited" in Paris ready for the show's fourth season.
Persons: , Emily, Park, Paul Forman, Paul, Forman, Ashley Park, Lily Collins Organizations: Service, Business, American Thoracic Society, Park Hyatt, Joali Locations: Paris, Instagram, Dubai, Maldives
A viral video appears to show Walmart Spark workers leaving perishable groceries in the sun. Some Spark drivers appear to be using fraudulent identities, as Business Insider previously reported. Additionally, many Spark drivers appear to be using accounts with names other than their own. Walmart previously told BI that selling, renting, or borrowing accounts goes against its policies for Spark workers. Do you work for Walmart Spark and have a story idea to share?
Persons: , Aaron, YouTube Aaron, Aaron said, wasn't, they've, he'd, dreuter@businessinsider.com Organizations: Walmart, YouTube, Arizona Walmart, Business, Service, Spark ., Spark Locations: Arizona, Chandler , Arizona
Read previewThere are some months when Jason McConahy, a part-time Lyft driver in Las Vegas, drives as few as 10 hours. That's because the 48-year-old gets more out of ride-hailing than some supplemental income and flexible working hours ; it's provided him with a valuable source of social interaction . This story is available exclusively to Business Insider subscribers. Several Uber and Lyft drivers have told Business Insider they've faced everything from rude comments to harassment while working. While he loves the social interaction and flexibility of ride-hailing, he said he doesn't think it's sustainable as a full-time job.
Persons: , Jason McConahy, it's, they've, McConahy, Uber, Lyft, I've, It's Organizations: Service, Business Locations: Las Vegas, Spokane , Washington,
Let 'em ride: Several of 2023's best-performing stocks were grossly undervalued at the beginning of the year. So while investors recognized the company could deliver massive earnings and free cash flow, they were afraid Zuckerberg had gone off the reservation. The stock sports topline growth, substantial margins, a strong balance sheet, substantial free cash flow, and a moat around its business. It's time to hedge some of those gains (or take profits): The second best-performing stock in the Russell 1000 for 2023 is Coinbase (COIN) . If you own, but don't want to sell, consider purchasing the March $45/$35 put spread as a particle hedge, as illustrated below.
Persons: David Ricardo, Ricardo, Mark Zuckerberg, Zuckerberg, doesn't, Russell, cryptocurrencies, aren't, Equifax Organizations: Russell, Vertiv, Builders, Topbuild Corp, Nvidia, Investors, MU, Walmart, Visa, Mastercard, Paypal, Experian, PayPal, Palantir Technologies, Government Locations: uptrends
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