More than four million Aussies more likely to purchase cryptocurrency after new laws legislated, YouGov data shows
Millions of Australians are more likely to purchase cryptocurrency after the government legislates changes to regulate the volatile assets.
YouGov data shows more than four million Australians who do not own cryptocurrency are more likely to purchase the digital assets when they are regulated.
It comes as Labor has released draft laws for its digital currency legislation.
Read MoreDiscover Why Warren Buffett's Trusted Advisor Warns Against Diversification for Some
Key Takeaways
- In contrast to most financial advisors, Munger called wide diversification “protection against ignorance,” useful only when you don’t have conviction.
- Holding too many positions, he argued, can raise costs, blunt big winners, and still leave you exposed to market shocks.
US economy growing at fastest pace in nearly 2 years — and the White House has declared it ‘explosive growth’
More than ever these days,
What's open and closed on Columbus Day? Is Columbus Day a federal holiday?
This year’s celebration of Columbus Day falls on Monday, Oct. 13.
Columbus Day is a holiday for both federal and New Jersey government workers, marked with the closings of offices deemed nonessential. In the private sector most businesses remain open.
Closings include the Federal Reserve System, which reopens the following day.
» Read more about: What's open and closed on Columbus Day? Is Columbus Day a federal holiday? »
Read MoreEvery Apple (AAPL) Investor Should Keep an Eye on This Number
Hardware gets all the attention, but Apple’s business depends on success in another area.
Apple (AAPL -3.40%) sells some of the most admired products on the face of the planet. Its iPhone, a device in the 18th year of its lifecycle,
» Read more about: Every Apple (AAPL) Investor Should Keep an Eye on This Number »
Read MoreThe Burst
Micron Is Down 42%, Why It Might Be a Screaming Buy?
Micron Technology (NASDAQ: MU) is no stranger to volatility, but its recent price action has been brutal even by semiconductor standards. Since peaking in June of last year, the stock has tumbled 42%. And nearly 30% of that decline happened in just the past month.
So, is this a falling knife or an undervalued gem in the chip sector?
» Read more about: Micron Is Down 42%, Why It Might Be a Screaming Buy? »
Read MoreThe Ivy
Why Stanley Druckenmiller Dumped AI Darling Palantir
Stanley Druckenmiller who famously helped George Soros break the Bank of England in 1992 has just ditched one of Wall Street’s most hyped artificial intelligence (AI) stocks.
So, what did he sell? Palantir Technologies (NYSE: PLTR). While most investors were busy chasing the AI boom, Druckenmiller was building a large position in a drugmaker.
» Read more about: Why Stanley Druckenmiller Dumped AI Darling Palantir »
Read MoreThe Spotlight
Champion Trader Spots Hidden Giant Enterprise Software Market
When a champion trader who generated 941.1% returns in 2020 spotlights a stock in an uptrend, it’s worth paying attention.
That’s precisely what happened when Oliver Kell shed light on ServiceNow (NYSE: NOW), a company that continues to dominate the enterprise cloud computing industry by automating and managing digital workflows.
In addition to the technical chart looking good,
» Read more about: Champion Trader Spots Hidden Giant Enterprise Software Market »