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Diversifying with ETFs and Beta

This practice can help manage volatility because not all stocks move the same way when the broader market swings. It also prevents a big drop in a single security from inflicting major damage on an account. And perhaps most important, diversification can reduce the kind of bad emotional reactions that happen when accounts swing in value.

How Alibaba turned a fake holiday into a $25 billion shopping extravaganza

China has their own Google, even their own internet. So, Alibaba figured they should have their own holiday too. They dubbed it Single’s Day, a festive occasion to celebrate yourself by buying nice things … for yourself. In Chinese, the direct translation for Single’s Day is ‘bare sticks’. It refers to unmarried men who in China are sometimes described as ‘bare branches’ because they’re not adding any branches to the family tree.