Opinion| Kylie Jenner: You Should Be Inspired

Who knew a selfie could generate hundreds of millions of dollars?

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Kylie Jenner, the youngest daughter of the Kardashian-Jenner Family, is proclaimed to become America’s next youngest billionaire according to Forbes by reaching a total net worth of $900 million.

Kylie Jenner reaching Forbes is more than “status”. When working in any business, it takes hard work. She has utilized SNAP (Snapchat, $12.43) and TWTR (Twitter, $43.64) “tweets” to market her products. According to Insider.com, Kylie Jenner is one of the most influential stars on social media today. Who knew a selfie could bring in hundreds of millions of dollars.

Kylie is mostly known for her “Kylie’s Lip Kit” cosmetic line. According to CNBC.com, she has turned a $29 dual lipstick set into a $420 million dollar empire within 18 months -now that’s impressive.

The Kit is projected to make $1 billion in 2022. But her loyal fans have created a Go Fund Me page to donate to Kylie to reach $1 billion.

In my opinion, STOP IT! Why are we donating money to a businesswoman? She is not a kid (well…yes she is) and the last thing we need to promote is an easy hand-out. Instead of donating your measly Starbucks allowance to help another woman, just buy her products. Her instagram selfie’s have made her more money in a day than what the general hospital physician can make in a year (no offense to my physician friends).

Read our latest: FitBit: How Far Can We Go?

Women control more than half of the costs of beauty purchases. Don’t give up now Kylie, get the job done.

Please see About Me & Disclaimer for additional information about Black Tea.

Information Attained:

CNBC.com, ThisIsInsider.com

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FitBit: How Far Can We Go?

FitBit: How long will their business last? Stock investors are watching their every move.

FIT (FitBit Inc., $5.70), headquarters in San Fransisco, CA, is a corporation that provides health and fitness devices with software services to create a health log for their user that pertains to their lifestyle.

FIT created an easy to use, a wearable fitness tracker that not only catered to the gym bodybuilder but to the office worker who wanted to track her steps to lose the high calories he at lunch. FIT has done an excellent job with their marketing and customer relatability. However there is one problem, their biggest competitors have beat them.

These competitors are Apple Inc. (Apple Watch), Garmin (Vivo Fit), Whoop (The Whoop fit tracker Used by LeBron James last season), and With things Go (activity and fit. tracker) and more.

A statement released by FIT on their last annual report,

For the remainder of 2018, we expect our gross margin to trend lower due to our product mix shift from connected health and fitness devices to smartwatches and the absence of the one-time benefit from the release of outstanding product return and rebate reserves related to Wynit…

FIT’s largest customer Wynit Distribution announced bankruptcy last year in September 2017 with bad debt expenses over $30.3 million and FIT has reported a substantial decrease in subscriptions.

According to MSN.com/money, FIT has a negative net income of -277.19 million. With penny stock investors enjoy the volatility of the stock, other see a better investment in related stocks such as APPL, GRMN, KYCCE, FTV, GRMN, and KEYS, since FIT comes in the form of a “product feature” instead of a large services provider. Though FITs presence seems to be strong in the athletic and teach department, how long with this last? Will, they merge with a large corporation or can they come up with a better head-turning product?

Please see About Me & Disclaimer for additional information about Black Tea.

Information Attainted:

SEC.gov, MSN.com/money, Bestreviews.com

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Johnson & Johnson: Damaged Goods?

  • Second time this year in 2018, JNJ (Johnson&Johnson) has been targeted for it’s knowledge of asbestos in its world-famous talc baby powder.
  • Will thse issue conintue to occur? Should investors be concerned for the company’s reputation?

JNJ ( Johnson & Johnson, $133.10) stocks tumbled down 10% Friday 14th, 2018 as the company has been handling their pressures of the public knowing of asbestos in it’s baby powder. Some investors are concerned for how the issue is going to be managed and if this will effect their next earnings report. Yet, other investros aren’t concerned sicn the company is vastly know for their award-winnning products and their loyalty to their customers. However, this is not the first time JNJ has been hit with public shame for asbestos this year.

July 12th, 2018, JNJ (Johnson & Johnson, $125.89), is hot on the news for their case of being sued by 22 women for receiving cancer and /or poisoning for asbestos found in their famous talc baby powder. But should JNJ be shamed for this? Does this make JNJ a bad company?

According to mesothelioma.com, Trelomite, also known as amphibole asbestos, is created in the same nature as talc. Tremolite is often found in the same mines as talc and without special quality testing, it can contaminate the talc. However, talc can not only be used in baby powder but chewing gum, oils, makeup cosmetics, hair products, and more.

Read: Tariffs: What Are They? How Are They Affecting My Portfolio?

JNJ’s lead attorney, Bart Williams had more to say today on the issue,

Johnson & Johnson doesn’t believe it should be intimidated into removing a product that’s been out over 100 years, that has diapered hundreds of millions of babies around the world, simply because plaintiff lawyers have put a target on the back of Johnson & Johnson.We believe in the product. The product works. The product is beloved. The best scientists in America have reviewed it again and again.



Does this event make JNJ a bad company? Investors and customers still believe in the company and await its next press release.

Please see About Me & Disclaimer for additional information about Black Tea.

Information Attained:

CNBC.com, Mesothelioma.com, Factsabouttalc.com

Tariffs: What Are They? How Are They Affecting My Portfolio?

What are tariffs? How do they affect the stock market and investors?

It’s important to get a simple understanding of how tariffs are affecting the stock market and our economy. Tariffs are hurting many stock investors and it’s important to get an understanding of what they are doing.

A Tariff is a tax or duty to be paid on a particular class of imports or exports.

Simply put, a tariff is a tax on an import/export. When the money is collected they are known as duties or levies. Tariffs are usually charged as a percentage of a “transaction price”. These percentages vary from country to country. Analysis done by Greg Daco of Oxford University, discovered U.S., Japan, Europe and Canada charge a tariff percentage of 3.1% and below whereas Mexico and China reach to 4%.

Read: How Entrepreneurs Can stay Ahead Of A Slow Growing Economy.

Tariffs raise our government revenue and decrease pressure on our competitors. However, U.S. and China are two of world’s two largest economies and economists are declaring that China can stand to “hold their breath longer” in the trade-off than America.

The biggest concern lies with our fragile economy and corporate businesses. The “tax war” is effecting some of America’s most important businesses; soybeans farms, automobile manufacturers, steel and aluminum shipments, etc.

Rod Sides of Deloitte (U.S.) recently stated,

Consumers are feeling good, but if they see prices start going up, there could be a backlash. The average consumer hasn’t yet internalized what the tariffs mean to them and haven’t seen the prices rise.

Read: Bearish Behavior: How To React When Your Portfolio Is Plunging.

The tariffs can contribute to price changes of imports/exports which may contribute to the delay of corporate investments and new projects. This has investors concerned for price changes on the stock markets and America’s wealth. The tariffs don’t only effect our portfolios as investors, but this also affects the global economy. The world is watching every move President Trump makes and how he responds to China. The pressure is on.

Please see About Me and Disclaimer for additional information about Black Tea.

Information Attained:

Finance.Yahoo.com, InvestingAnswers.com, CBSNews.com

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How Entrepreneurs Can Stay Ahead Of A Slow Growing Economy

It has been said that our United States economy is growing less than 2%. And along with the “tariff wars” and talk of inflation happening, things seem a little scary. However, there are a few ways you can stay ahead from the harsh economy waves.

Save More, Spend Less

It’s pretty simple to stash away a few dollars, but in the midst of vacation season it’s not easy. Find a budget that works for you and create way to tighten your budget to put save more money. Buy what you need, don’t be tempted to buy what you want or what looks nice- I promise you there will always be something “nice” waiting for you.

Tip: The next time you go shopping, don’t mind the expensive fashion labels or popular food brands. Buy what you need. These billionaires don’t seem to be bothered by popular fashion brands.

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No better guy to eat with at @dairyqueen

A post shared by Mark Cuban (@mcuban) on

Side Job

In my opinion, a side job is needed to stay ahead (financially) nowadays. But if you’re looking to make an extra $100 a month, find a side job that interests you. Find a hobby that you can make money from. Many entrepreneurs work a side job from their business. They will use the extra money to fund their expenses.

Example: If you enjoy watching YouTube, consider starting your own channel and monetize your page. Perhaps you enjoy crafts? Create what you like to make and sell them on Etsy.

Taxes

If you have a side business, be responsible and take advantage of the tax breaks. It may be tedious bookkeeping, but the daily habits will keep you accountable and you can take advantage of the tax breaks you deserve (please see your CPA or tax consultant for extended information and business tax benefits).

Be Bold and Be You

In this day, only the bold entrepreneurs will make it in their business. You can’t be scared or fearful of stepping outside of your comfort zone. The best way to stay ahead of all the turmoil is to mind your own business. Concentrate on you and what you can do today for your business or future.

It’s never too late to be what you might have been.

George Eliot

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Bed, Bath & Beyond: Only Time Will Tell

BBBY (Bed, Bath and Beyond Inc., $20.78) is a large retail company that provides an “omnichannel shopping experience”. They seek to provide a more inspirational, personal shopping experience through life changing events- engagement,marriage, holidays, first home, etc.

Though the company is operating 1,552 stores, they plan to close down 40 stores this year. And even though shareholders aren’t satisfied with their financial management, BBBY announced a dividend increase to $0.16.

(Screenshot from NASDAQ)

Investors have very high expectations for BBBY. Swing traders see positive short-term goals but many investors wonder if the company can last another 10 years. Only time will tell.

Please see About Me & Disclaimer for additional information about Black Tea.

Information Attained:

SEC.gov, NASDAQ.com

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