Monday, July 7, 2014

Fwd: PayPal Mafia Puts Hit on Bill Gates - Issue #762



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From: Wall Street Daily <wallstreetdaily@wallstreetdaily.com>
Date: Mon, Jul 7, 2014 at 3:46 AM
Subject: PayPal Mafia Puts Hit on Bill Gates - Issue #762
To: IAMMEJTM@gmail.com


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How to give yourself a "health makeover"
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When eBay (EBAY) agreed to buy PayPal for $1.5 billion in the summer of 2002, the purchase had two dramatic effects.

First, adding the world's premier electronic payment method gave eBay the muscle it needed to corner the online auction market, which it proceeded to do.

(At the time, the majority of auction winners were using PayPal to facilitate their payments rather than eBay's own service, Billpoint. eBay viewed this as an embarrassing defeat.)

Second, the acquisition hatched the "PayPal Mafia."

Twelve years later, the PayPal Mafia is one of the most awesomely disruptive forces the world has ever known. In fact, if your portfolio doesn't have exposure to the PayPal Mafia, well... you're missing out on a fortune. Read more »




The financial markets were a sea of tranquility in the first half of 2014. Nonetheless, it's been an interesting year thus far...

The Federal Reserve is proceeding with its tapering of asset purchases.

We're in the midst of a raging M&A boom.

From a macro perspective, geopolitical risk has risen in many regions.

From a micro perspective, we're getting confirmation that the markets are, in fact, rigged.

In the United States, consumer discretionary stocks are lagging, and utilities are leading.

Indeed, the midpoint of the year is a great time to assess which investments have worked for us, as well as where we have stumbled.

The following tables show all of the securities that I've mentioned positively in the first six months of the year. The date of the article and total return (including dividends) are also provided.

Out of the 42 recommendations I made, a total of 39 were positive, as of June 30, 2014 - a 93% win rate. Read more »

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There's a transportation crisis looming in America, even though you probably haven't heard much about it.

The problem is that there's plenty of flashier news - from unrest in the Middle East to the Hobby Lobby case in the Supreme Court.

But even if it sounds boring, the Highway Trust Fund's (HTF) looming insolvency is a huge deal - and so far, Congress doesn't have a solution.

You see, the Highway Trust Fund was established in 1956 to help construct and maintain the nation's highway systems. To put money into the fund, Congress decided to enact a gas tax.

Originally, the tax was set at $0.03 per gallon. By 1993 - the last time the tax was raised - it reached its current level at just over $0.18 per gallon.

Today, though, the fund has a problem. Inflation has easily outpaced the fund's tax revenue, stripping roughly 40% of the HTF's income right off the bat. On top of that, the push for fuel-efficient vehicles in recent years has decreased gas tax revenue significantly. Finally, people are simply driving less these days. Read more »


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