You Can Double Your Money When Lyft Goes Public – But Not The Way You Might Think!

Kunihiko Fitz-Gerald Mar 25, 2019

Investors are getting ready to throw billions of dollars at a company that’s not worth the cost of the paper its stock certificates will be printed on. Worse, this same company has just 4,000 employees and has lost $911 million…during the past 12 months alone.

I’m talking about Lyft, of course.

The ride-hailing service is billed as a lucrative side-hustle where anyone can make fast cash giving people a lift around town. You can use your own car, set your own schedule, and work whenever you want. Chances are you’ve either called Lyft or ridden in one of “their” cars. Perhaps you’ve even started your own side-hustle as a Lyft driver.

The hype surrounding its expected initial public offering, possibly on March 28th – just three days from now – is staggering. Many investors, of course, can’t wait to jump in.


You could make twice as much by doing this instead…

Slowing Global Growth? Here’s How You Could Sidestep It

Total Wealth Staff Mar 25, 2019

Investors are on edge this morning, after last Friday’s 350-point rout, wondering if the negative news about “slowing global growth” could carry on to this week. Keith joins Varney & Co. at open, letting you in on why this might not be as bad as many think, and which companies to align your money with to sidestep the worries. Plus, a “line in the sand” for The Boeing Co. (NYSE:BA) and Inc. (NasdaqGS:AMZN)’s “struggles” with online grocery ordering. Click here to watch.

More Headlines

  • How to Buy More Stock, Without Spending More Money

    Many investors are convinced that the bull market is over and there’s nothing worth buying at the moment. Worse, they’re selling out and heading for the sidelines using even the slightest market drop as justification for their actions.

    I can’t think of a worse mistake.

  • Facebook is Running out of “Friends”

    Too bad it’s not Thanksgiving because Facebook Inc.‘s (NasdaqGS:FB) stock is getting roasted faster than a 10-pound turkey.

    Team Zuckerberg got hammered yet again, when Facebook’s stock fell another 3.03% during Monday’s trading session to close at $159.99, following news that 11 senior managers have handed in their walking papers.

    All told, Facebook is down 6.53% and $11.17 from the high it put in only a month ago. That’s a $11.47 billion buzz cut in terms of capitalization.

    Some 23.75% and $49.01 per share in the past 12 months alone.

    I believe things could get far worse.