Saving, investing and making money with technology

Month: December 2015

Save $400 on this Super-Sweet High-End Lenovo Laptop (Deal of the Day)

Santa has reason to be jolly right now: Unlike the rest of us, he knows exactly what everyone on his list wants. But I know of one pretty sure bet: The ultimate gift for any serious gamer — as well as coders and other discerning nerds — is a high-end gaming laptop.

The main thing that separates the casual computers most of us use from these kinds of gaming machines is graphics: High-end machines have the hardware required to render today’s graphically intensive games really, really fast. (Almost as important: general processing power and ports for plugging in peripherals.)

If there is a nerd in your life hankering for a power machine, you’re facing a big investment: These things are expensive. So I got you a deal: The 14-inch Ideapad Y700 laptop is Lenovo’s high-end gaming and multimedia machine. It typically goes for $1,200. But use the exclusive discount code CMEXCLUSIVEUUS at checkout, and the price will drop to just $759 — that’s 37% off. You’re welcome.

More great deals:

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These two entrepreneurs cleverly negotiated a $1.4 million ‘Shark Tank’ deal with Mark Cuban and Lori Greiner

trunkster shark tank(“Shark Tank”/ABC)
Trunkster cofounders Jesse Potash and Gaston Blanchet on the set of “Shark Tank” in Season 7.

In a typical “Shark Tank” pitch, a collective “Wow” from the investors after the entrepreneurs ask for a significant amount of money at a high valuation is foreshadowing that the entrepreneurs will either walk away without a deal or agree to settle for much less.

But after some careful negotiation in the latest episode of the show’s seventh season, Trunkster founders Jesse Potash and Gaston Blanchard made a deal with Mark Cuban and Lori Greiner for $1.4 million in exchange for 5% equity, giving the company the $28 million valuation the founders initially proposed.

Potash and Blanchard are two close friends who each dabbled in the corporate world as well as entrepreneurial ventures. Last year they began developing a “smart” luggage prototype they believed would appeal especially to young professionals.

Their Trunkster luggage, in both carry-on and check-in sizes, uses an easy-access retractable front instead of zippers, has a scale built into the handle to avoid overweight carry-on fees, an easy-access charger for devices, and a GPS tracking system in case the airport loses your luggage. Prices start at $395.

When they put it on crowdfunding site Kickstarter late last year, they exceeded their goal of $50,000 in about an hour and by the time the campaign ended on January 16 they had raised $1.4 million. During their “Shark Tank” shoot this past summer, they told the investors they were about a month away from sending out their first batch. As of now, their first mass-produced batch is due next month.

All of the investors except Barbara Corcoran were intrigued by the product but found the $28 million valuation for a pre-sales company to be ridiculous. “It’s worth $5 to $8 million at this point,” Robert Herjavec said. “At most,” Cuban added.

Potash and Blanchard explained that they’re already seeing interest within the industry and want to be like what the direct-to-consumer disrupter Casper has been to the mattress industry, and think they can become a billion-dollar company.

Herjavec explained that he was definitely interested, but he wanted to be a true business partner. He offered $1.4 million for 30% equity. “This is not an investment; we’re going on a trip together!”

Kevin O’Leary offered to split the deal with Herjavec, but when he was denied, he weakly offered $1.4 million for 37%.

Greiner, the Shark with a retail empire that specializes in items you’d find on QVC or in Bed Bath & Beyond, explained that her connections and experience would lend themselves tremendously well to Trunkster, and that she’d be willing to invest $1.4 million for 15%.

Potash explained that they were expecting $9 million in sales in 2016 with $6 million of that profit, but Cuban explained that there were so many risks involved in a pre-sale company that he was having a hard time justifying an investment at their valuation. Potash asked to step out with Blanchard to devise an alternate game plan.

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trunkster

(Trunkster)
Trunkster “smart” luggage features a zipper-less retractable front.

They returned with a deal more sophisticated than one you’d typically find on the show: Cuban and Greiner would split an investment of $1.4 million in exchange for splitting 5% equity with the guarantee of being paid in full within 24 months.

If Potash and Blanchet failed to meet this deadline, they would double Cuban and Greiner’s stake in the company. And regardless of whether the deadline is met, the investors would split $1 in royalties per unit sold, in perpetuity.

After working out the details in their notebooks, Cuban and Greiner happily accepted the deal.

Though they were initially unwilling to budge on their offer, which was pushing the Sharks away, Potash and Blanchet secured the investment at their valuation by taking a moment to calm down and put themselves in the investors’ seats and add a safeguard.

“To know that in two years you’ll definitely have that money back or there’s a penalty,” Potash said outside of the Tank, “then that makes us work harder and makes them more secure.”

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trunkster

(“Shark Tank”/ABC)
Potash and Blanchet celebrate their deal with Lori Greiner and Mark Cuban.

 

NOW WATCH: What ‘Shark Tank’ costar Daymond John learned from losing $6 million

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Wall Street jumps, dollar gains after U.S. jobs report

NEW YORK (Reuters) – Stocks on Wall Street rallied on Friday after strong jobs data made it almost certain the Federal Reserve would raise interest rates in two weeks, while a surprise move by major oil exporters to keep pumping near-record output pushed crude prices down.

The dollar rose, gold climbed about 2 percent and base metals, including copper, gained after the U.S. jobs report for November paved the way for the Fed to raise rates for the first time in nearly a decade at a two-day meeting that ends Dec. 16.

The U.S. economy created 211,000 jobs in November, the U.S. Labor Department said. September and October data was revised to show 35,000 more jobs than previously reported.

“The numbers did not disappoint. We cleared the last hurdle for a rate increase,” said Chris Gaffney, president of EverBank World Markets in St. Louis.

U.S. stocks jumped more than 2 percent, with the Dow industrials and the S&P 500 posting their biggest gains in three months. All 10 major S&P 500 sectors climbed except the energy index (.SPNY), which fell after the Organization of the Petroleum Exporting Countries failed to cap near-record output.

Stocks rallied in a sign investors are taking their cue from economic performance instead of central bank monetary policy.

“We’re going to see the market focussed on what the U.S. economy is doing, rather than Fed policy,” said Brad McMillan, chief investment officer at Commonwealth Financial Network in Waltham, Massachusetts.

MSCI’s all-country world stock index gained 0.8 percent.

The Dow Jones industrial average (.DJI) closed up 369.96 points, or 2.12 percent, to 17,847.63. The S&P 500 (.SPX) gained 42.07 points, or 2.05 percent, to 2,091.69 and the Nasdaq Composite (.IXIC) added 104.74 points, or 2.08 percent, to 5,142.27.

Less-than-expected tweaks to the European Central Bank’s stimulus package on Thursday sent markets into a tailspin but will make it easier for the Fed to raise rates, said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management.

The euro, which gained 3 percent on Thursday, will ease the impact of a strong dollar on U.S. corporate earnings, and should help bolster equity markets, he said.

“I can see from now until the end of the year moderate gains, growing into a nice steady pace,” Aguilar said.

OIL SHARES DROP

European shares ended lower, with oil stocks (.SXEP) falling almost 2 percent on the news from the OPEC meeting in Vienna.

The pan-European FTSEurofirst 300 index (.FTEU3) fell 0.34 percent to its lowest level in almost three weeks.

Brent crude oil futures (LCOc1) settled down 84 cents to $43.00 a barrel. U.S. crude futures (CLc1) dropped $1.11 to settle at $39.97 a barrel, just below the key price level of $40 that has been a major battleground for traders.

Spot gold (XAU=) rose as much as 2.5 percent to its highest in almost three weeks at $1,088.70 an ounce, and was trading at $1,086.15.

The dollar (JPY=) was last up 0.57 percent at 123.16 yen, while the euro (EUR=) slid 0.62 percent against the dollar to $1.0870. The dollar index (.DXY), which measures the greenback against a basket of six major rivals, was last up 0.73 percent at 98.337 (.DXY).

The gap between 10-year U.S. and German bond yields narrowed to its tightest in more than a month on Friday as investors bet that a divergence in monetary policy between the Fed and the ECB may be less stark than previously thought.

The euro on Thursday made its biggest one-day move in more than six years in a dramatic reversal of its recent rally after ECB President Mario Draghi surprised investors with less monetary stimulus than markets expected.

Benchmark 10-year Treasury notes were last up 15/32 in price to yield 2.2746 percent.

Yields on German 10-year yields climbed 6 basis points on Friday, rising above 0.70 percent for the first time in 2-1/2-months .

(Additional reporting by Jamie McGeever; Editing by Nick Zieminski, Bernadette Baum and Dan Grebler)

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How To Get Fit On A Budget

Getting into shape is important if you want to live a long and healthy life, but if spending hundreds of dollars every year at the gym doesn’t appeal to you, there are some super intelligent ways to get fit on a budget –– and it won’t cost you a fortune.

Cardiovascular Fitness At The Core Of Getting Fit
This fat burning method is easy on the wallet because it involves you running or walking without having to invest in heavy-duty equipment. In summers, it’s easy to jog through a park or jogging track, allowing you to breathe in the wonders of nature, as your body gets fitter. But it isn’t that easy in winter with snow-laden roads and sleet-covered surfaces. Treadmills present an ideal and cost effective solution for fitness enthusiasts who want to retain their workout without compromise.

Choosing a treadmill can be daunting because you need to factor in several details before making a decision. Treadmills today come with a myriad of features like LCD displays, programmed workouts, built-in speakers, built-in screens, safety components, USP plugins, digital screens, shock absorption, heart rate interactivity, custom programs and much more. Working out what you require from a treadmill will help you choose the right model for you. Treadmills are an extremely cost effective choice in the long run because of their durability and resilience, helping you stay fit without having to spend money at the gym.

Dumbbells and Weight Training
Apart from cardiovascular training, you’ll want to keep your muscles firm and supple. You can get a few pairs of dumbbells at relatively cheap prices, so you’re unlikely to spend much on them. Use them for building some muscular strength together with your cardiovascular routine.

Water For Hydration and Food For Healthy Nutrition
Drinking water instead of sports drinks and sodas will make a significant impact on the amount of calories you intake, so be sure to remain hydrated throughout. Water is free and comes with a multitude of benefits to help you in your weight loss and fitness regimen.

Apart from drinking water and exercising, your food intake will also need to change to keep up with your fitness routine. This means getting rid of fried foods, desserts and red meats. You will need to replace these with healthier fruits, vegetables and lean meats to stay healthy and fit. Cooking healthier meals won’t cost you a fortune. In fact, think of all the money you will end up saving when you stop eating junk food all the time. And your waistline is bound to thank you for it!

Saving Money By Making Healthy Choices
Did you know that staying fit can actually save you some money? You’re probably wondering how. Instead of driving to work or taking public transport, you simply need to walk or cycle. Not only is this workout healthy for you, but it will also help you save money on gas, apart from helping the environment. That’s a triple win for you!

Getting fit on a budget is a great way for you to improve your health without having to spend a fortune on your fitness. Follow these simple strategies and feel like you’ve got a new lease on life!

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Warren Buffett’s Shocking Advice to Americans Who Hope to Retire in the Next 5 – 7 Years

 


If you’re behind on your financial goals, the world’s richest & smartest investor has revealed a handful of secrets anyone can use to get rich later in life. I heard this information first-hand. Now, I’m sharing it with you.

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About Wistia

Watch the video above to discover why Warren Buffett hasn’t always been on top. In fact, he made 99% of his money after the age of 50. It happened because as he got older, Buffett made dramatic changes to the way he invests. In fact, if he had given up at age 50, he’d have a mere fraction of what he has today. You can now follow in the same footsteps, using the same tricks Buffett did. Watch on.


You’ll also see:

How to Safeguard Wealth

Protect your retirement against inflations and other catastrophe

Life-Changing Stocks

Find out how Buffett finds stocks that rake in massive profits like clockwork

How to Avoid One of the “Most Dangerous Assets”

Discover the simple steps Buffett uses

Industry-Leading Research

Click for a full transcript of the video report and more

Market performance updated as of the close of the last market day. Recommendation performance as of November 09, 2015. David Gardner owns shares of Activision Blizzard, Amazon.com, Apple, Netflix, Priceline Group, and Walt Disney. Tom Gardner owns shares of Netflix. The Motley Fool owns shares of Activision Blizzard, Amazon.com, Apple, Boston Beer, Cognex, Costco Wholesale, Gilead Sciences, Hain Celestial, Hasbro, Lions Gate Entertainment, Netflix, Priceline Group, TransDigm Group, Walt Disney, and Yahoo. “Look Who’s on Top Now” appeared in The Wall Street Journal which reference Hulbert’s rankings of the best performing newsletters over a 5 year period from 2008-2013. Stock Advisor total returns since March 2002

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Best apps for high school students!

A high school student’s life isn’t just about exams, presentations and projects. There’s much more to it. They can get easily stressed out for maintaining a balance with various aspects. But with a smartphone by their side, they can simplify their lives by taking advantage of the following apps:

Freecharge

Have you been playing the game of missed call so much that you have earned the title of miser for yourself? A phone on low battery and low balance are some of the biggest problems of a student. While you can tame the first one by getting a powerbank, you can solve the other one by installing Freecharge app. The major reasons behind low balance problem are your lazy attitude and budget problems. Abolish both of these by taking advantage of Freecharge coupons present on CashKaro.com. With Freecharge app, you can recharge your phone anytime and anywhere. Plus the transactions you do there fetch you rewards almost equal to your recharge costs. That’s why the term Free recharge!

1

Photo editor

Forget of special parties where you and your gang makes crazy faces and take selfies. Even on a daily basis, there’s just so much stuff you and your friends indulge in for which you can’t help but take pictures. You know that these pictures are the only return ticket for your memories. But what when the pictures didn’t turn out the way you wanted them to be? This is when Photo editor app comes into action. With this app, you can transform dull looking photographs into vibrant ones, unclear ones into sharper ones or blur areas which you don’t want to include in photographs. There are so many effects which can beautify your pictures and take them to a whole different level.

2

Mint

Because keeping up with budget is hard! There are outfits to be purchased for various events, study materials for assignments and presentations, movie outings almost every week, travelling expenses, food expenses and what not! And if you live outside your hometown, it gets all the more difficult. In such cases, ‘Mint’ app can be your saviour. You can allocate budget for different categories here such as food, travel, entertainment, shopping, study, etc. Then you can keep a tab on your spendings with the help of this app. When you will be reaching a limit in any category, you will be notified for the same.

3

MobiKwik

Because carrying cash and card everywhere is troublesome. With the popularity of online shopping growing by bounds and leaps, most students are making the most out of it. Rather than hopping from one shop to another, they search for their needs online only and search their time as well as money by making use of MobiKwik coupons. With MobiKwik wallet, you can shop on a range of online shopping portals and also earn Cashback. You can also recharge your phone, pay your bills, transfer money and even make other payments. All this in a hassle free manner!

4

Studious

This is one brilliant apps! If time tracker apps don’t work for you, turn to this app and you won’t be disappointed. You can organize your study schedule with the help of this app. You can set dates for your project and assignments deadline. You can even assign dates for your examination so that you don’t mix up with different subjects at last minute. That can be one scary situation to deal with. Not just this, it will help you study in a distraction free manner. When you assign a specific time period to study, this app will also silence your phone for that particular time. This means you can give your full concentration while studying for a subject.

5

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Get Jim Cramer’s 2015 Year-End Forecast FREE Now!

Jim Cramer's 2015 Year-End Forecast.

EXCLUSIVE FREE REPORT:

Get Jim Cramer’s 2015 Year-End Forecast FREE Now!

Jim Cramer, one of the most influential financial journalists today, reveals three key market factors that could shape the next six months for investors in this new FREE report.

Play them right and you could own the strongest performers— the winners that rise far above the market indexes. But ignore them and you might have a hard time making any money at all!

This is FREE from TheStreet. Credit card is NOT required.

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Faith Equality Index Releases New Grocery, Bulk Retail Scores as Retailers Compete for Christmas

FOR IMMEDIATE RELEASE
Phone: (919) 645-0771
Email: Press@FaithDrivenConsumer.com 

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