Let’s say some of your oil stocks have suffered from the current lull in oil prices, which has continued it’s roller coaster for the past 5 years. You know it’s almost guaranteed there will be a relatively big bump in the prices in near future, based on the half-decade pattern, and you don’t want to…
Category: Business
Business
The Cost to Start a Vineyard in Napa Valley
by ninthandsuperior • • 0 Comments
10 acres of land in Napa, CA: -10.12 acres land: $2 million (current listing on zillow) -Annual tax: $12,400 Building a barn to house the wine distillery: –Permit fees $3500 (Distiller Magazine) –metal barn $16,300 (ebay) –Labor: $25,000 (Home Advisor) Grape Fermentation Equipment –30BBL FERMENTER/UNITANK: $13,800 x 4 = $55,200 (Apex Brewing Supply) –Refrigeration System:…
Business
Bridging the Gender Wage Gap
by ninthandsuperior • • 0 Comments
This Bureau of Labor Statistics’ study found that: “In 2018, women who were full-time wage and salary workers had median weekly earnings of $789. That was 81.1 percent of the $973 median for men who were full-time wage and salary workers. Women had lower median weekly earnings than men in most of the occupations for which we have…
Business
Tumblr Tumbles Without Pornography
by ninthandsuperior • • 0 Comments
In 2013, Tumbler sold for 1.1 billion (The Washington Post). TechCrunch published that Tumblr’s site was visited more than Facebook by youth at the time it was acquired. The same TechCrunch article, titled “Tumblr is Not What you Think”, provided that pornography accounted for some of the most popular content on the site. Forbes reported…
Business
Oil Stocks – It’s that Time of the Year Again Folks
by ninthandsuperior • • 0 Comments
Since the recent collapse of oil prices, explained in NinthandSuperior’s Buying the Dip article, the sector has been on a pretty predictable and profitable annual cycle for about 4 years. Starting in 2014, Nymex Crude prices dip in the winter and rise in the summer. Moving drastically in both ways, for a commodity at least.…
Business
Apple – The End of an Era? Or an Unstoppable Enterprise
by ninthandsuperior • • 1 Comment
Apple is the first company ever to reach a market cap of $1 trillion. Headquartered in Cupertino, CA., the company was founded on April 1, 1976 by the Steves: Steve Jobs and Steve Wozniak. And a guy named Ronald Wayne. Many analysts thought iPhone sales would fall off at the retail price barrier of $1000. …
Business, Entertainment
How Did the Kardashians Make Money? (Timeline)
by ninthandsuperior • • 0 Comments
1978: Kris Jenner Married Robert Kardashian Sr. His net worth in 2003 was $30 million (Celebrity Net Worth). Robert Kardashian Sr. was an attorney who worked on the legal defense team for the O.J Simpson trial. Also a businessman, he started up Radio & Records, a radio and news publication. 1991: Kris Jenner married Bruce…
Business
Will Snapchat’s Stock Continue to Fall? Comparing Social Media Companies in the Market
by ninthandsuperior • • 1 Comment
Business
Bubble or Justified Growth for a Booming New Sector? Weed Stocks
by ninthandsuperior • • 0 Comments
Corona announced that they will be investing about $4 billion in Canopy Growth Corp. Corona’s purchase will result in a 38% ownership stake in the marijuana cultivation company. The Wall Street Journal recently published an article about the partnership plans: “[Corona’s] new deal follows an initial investment last year,when it took a roughly 10% stake…
Business
How Immigration Powered the German Economic Miracle
by ninthandsuperior • • 0 Comments
“After World War II the German economy lay in shambles. The war, along with Hitler’s scorched-earth policy, had destroyed 20 percent of all housing. Food production per capita in 1947 was only 51 percent of its level in 1938, and the official food ration set by the occupying powers varied between 1,040 and 1,550 calories per…