Should Forex Brokers Target Women?

When trading, it’s sometimes hard to know what to believe. What’s just another advert or worse still, misleading trading info? Today, we’ll present our 5 most trusted forex sites, before going over the top tradeable events coming up. What a perfect start to the week!1. Forex Peace ArmyForex Peace Army (FPA) is a site that accepts reviews for forex brokers and other related services. It’s one of the most popular forex websites in the world, and is known for its honest and unbiased reviews, which is why it’s the perfect place to start.On the FPA website, you can find reviews of hundreds of forex brokers, as well as articles on a wide range of forex-related topics, such as:● Education and information● How to trade forex and useful tools and analysis● How to avoid scams and blacklisted brokersThe FPA website is a really great resource for both beginner and experienced forex traders. It’s a good place to learn about the wider forex market and to choose a trusted broker. Tip for brokers…. money can’t buy you good reviews on this site and they also know when your sales team have been placing 5 * reviews inhouse. You have been warned!If you’ve not got it bookmarked already, now is the time.2. BabypipsWe love this one! Despite sounding like a kids clothing store, Babypips is actually one of the most popular FX education sites.It’s known for it’s high-quality content and materials, including articles, videos, and webinars. You can even find a demo trading account that can be used to practice trading without risking any money.Babypips is mainly aimed at beginner traders, for obvious reasons. It’s a good place to learn about the forex market when getting started.3. DailyFXDailyFX provides news and analysis on the forex market.On the site, you’ll find daily news and analysis, as well as technical charts and forecasts. You can also find a variety of other resources, such as a calendar of economic events and a blog written by forex experts.Unlike Babypis, DailyFX is aimed at both beginner and experienced forex traders. If you’re looking to stay up-to-date on the latest news and analysis in the forex market, look no further!4. Investing.comOne of the most recognisable brands in FX, Investing.com also provides news and analysis on the forex market, as well as other financial markets such as stocks, commodities, and cryptocurrencies.Like DailyFX, the site features news, analysis and also includes a handy economic calendar, in case you don’t always manage to read the last bit of our weekly articles. It’s fine. We’re not upset. Much.The Investing.com website is a super resource for forex traders of all experiences. Check it out!5. FXStreetFXStreet has been around doing its thing since 2000. “What is that thing?”, you say. Well, it’s another news and analysis site. But it covers more than just forex, it includes other financial markets like stocks, commodities, and cryptocurrencies.Like many on this list, FXStreet features daily news, insights and analysis on the forex market, as well as technical analysis charts and forecasts. But it’s always good to get your news from multiple, verifiable sources, right?Because of its relative longevity, FXStreet is a great resource for all kinds of traders, forex or otherwise. We recommend!What’s your fave?Did your go-to site make our list? If not, let us know what we missed, we’re always looking for tips! Tweet us your fave at @_contentworks.Top fundamental events week commencing 25.09.23Monday● EUR — German Ifo Business ClimateTuesday● USD — CB Consumer ConfidenceWednesday● EUR — German GfK Consumer Confidence● USD — Durable Goods OrdersThursday● EUR — German Inflation Rate YoY Prel● USD — GDP Growth Rate QoQ FinalFriday● EUR — Inflation Rate YoY Flash● USD — Core PCE Price Index MoM, Personal Spending MoM, Personal Income, UoM Consumer Sentiment IndexSaturday● CNY — Chinese NBS Manufacturing PMIHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

Everyone loves a good fraud mystery — well, apart from the people being defrauded. Today, we’re sharing 5 fraud documentaries you don’t want to miss. After that, we’ll go over the main events you can trade this week. Ready, steady, go!#1 The Inventor: Out for Blood in Silicon Valley (2019)IMDB: 7.2 ⭐️Rotten Tomatoes: 79% 🍅Where to watch: Apple TV+This documentary tells the story of Elizabeth Holmes, the founder of Theranos, a company that claimed to have developed a revolutionary blood-testing technology. Holmes was a young, charismatic entrepreneur who was hailed as a visionary by many. However, it later emerged that Theranos’ technology was never actually viable, and Holmes was running a gigantic fraud operation.The documentary covers all the ins and outs and is a must watch if you like this sort of thing.#2 WeCrashed (2022)IMDB: 7.3 ⭐️Rotten Tomatoes: 65% 🍅Where to watch: Apple TV+WeCrashed tells the story of WeWork, a shared workspace company that went from a $47 billion valuation to bankruptcy in just a few years.WeCrashed stars Jared Leto and Anne Hathaway as the co-founders of WeWork, Adam Neumann and Rebekah Paltrow Neumann. The show details how WeWork’s success was built on a foundation of hype and ambition, covering up the fact that the company was actually losing billions of dollars each year.In 2019, WeWork attempted to go public, but the IPO was a failure. This leads to a series of events that ultimately results in Adam Neumann’s resignation from the company.A riveting story and great acting combine to leave you on the edge of your seat!#3 Rogue Trader (1999)IMDB: 6.4 ⭐️Rotten Tomatoes: 30% 🍅Where to watch: Prime VideoA bit of an oldie, but a goodie!This 1999 film tells the story of Nick Leeson, a British trader who caused the collapse of Barings Bank, one of the oldest and most respected banks in the world. Leeson climbs the ranks, but his success is built on a foundation of fraud and deception…and loads of unauthorised trades.When things go south, he begins to hide his losses in a secret account. This account hid the billions of dollars that were being wiped off Barings’ books by Leeson.In 1995, Leeson’s luck runs out. The Japanese earthquake causes the Nikkei stock market to crash, and Leeson’s unauthorised trades are exposed. Leeson flees Singapore, but he is eventually arrested and extradited back to the UK.Leeson is charged with fraud and sentenced to six and a half years in prison. He is released from prison in 1999 and goes on to write a book about his experience, which the film is later based on.#4 Wolf of Wallstreet (2013)IMDB: 8.2 ⭐️Rotten Tomatoes: 80% 🍅Where to watch: Netflix / Prime VideoThe Wolf of Wall Street, co-produced and directed by Martin Scorsese, is based on Jordan Belfort’s 2007 memoir. The multi-Oscar-winning story recounts Belfort’s career as a stockbroker in New York City and how his firm, Stratton Oakmont, engaged in rampant corruption and fraud on Wall Street, leading to his downfall.The film follows Belfort as his lifestyle becomes increasingly extravagant, as he spends his money on vices and develops a gambling problem, which impacts his personal relationships. Eventually, the FBI and the Securities and Exchange Commission (SEC) catch up with Belfort and arrest and charge him with fraud.He pleads guilty and is sentenced to four years in prison, but only serves 22 months before being released on parole.#5 Madoff: The Monster of Wall Street (2023)IMDB: 7.3 ⭐️Rotten Tomatoes: 90% 🍅Where to watch: NetflixThis four-part true crime documentary series follows the rise and fall of Bernie Madoff…which you probably guessed by the title! Madoff was a successful investment advisor and stockbroker who ran a Ponzi scheme for decades, defrauding thousands of investors out of billions of dollars.Madoff’s Ponzi scheme continued for so long because he’d cultivated an image of success and trustworthiness. However, in 2008, the scheme began to collapse.In December 2008, Madoff was arrested and charged with multiple counts of fraud. He pleaded guilty and was sentenced to 150 years in prison. He died in prison in 2021 at the age of 82.The episode marks one of the biggest financial scandals in history.What are you going to watch?Have you seen any of these? Let us know which one is your favourite!Top fundamental events week commencing 18.09.23Ready for the week ahead? Here’s everything you need to know about.MondayNo specific events are planned.Tuesday● AUD — RBA Meeting Minutes● CAD — Inflation Rate YoY● USD — Building Permits PrelWednesday● JPY — Balance of Trade● GBP — Inflation Rate YoY● USD — Federal Funds Rate; FOMC Economic Projections; Fed Press ConferenceThursday● GBP — Official Bank RateFriday● JPY — Inflation Rate YoY; BoJ Interest Rate Decision● GBP — Retail Sales MoM● EUR — German HCOB Manufacturing PMI FlashHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

Joining a fintech community is a great way to get clued-up, stay up-to-date on the latest trends, learn from other professionals, and network with potential employers or partners. Today, we’ll outline our 3 go-to fintech communities, before detailing the events you can trade this week.BTW — if you’re attending iFXEXPO next week, our director Niki will be talking Fintech communities in the Ideas Hub. Come join us!#1 Fintech CircleFintech Circle is a global community for fintech professionals. It was founded in 2015 by Susanne Chishti, an award-winning entrepreneur and investor. The community has over 20,000 members from over 100 countries.The company hosts a variety of in-person events, including conferences, meetups, and workshops. It also hosts online webinars and interviews on loads of topics connected to the world of fintech.Like the other of the websites on this list, the forum/discussion area is where it’s at. Here, members can discuss the A-Z of finance, get advice from other professionals, share ideas, and learn about new developments in the industry.#2 Fintech InsiderFintech Insider is another top community for people across the finance spectrum. It was founded in 2015 by David M. Brear, a former fintech professional at Lloyds Bank and Aviva. The website has over 1 million monthly visitors.Fintech Insider is centred around a bi-weekly podcast, hosted by Brear. But it’s also home to an entire community of dedicated listeners who are very active on social media.The podcast covers news and in-depth analysis that can come in handy if you’re looking to uncover the latest trends and top-performing instruments.On social media, you’ll find an active community discussing topics ranging from the latest news and trends in fintech, such as the rise (and fall…and rise) of crypto, to the various challenges and opportunities facing traders, such as regulation and competition.The entire 807-episode back-catalogue of podcasts is available on the website.#3 RedditThis is a bit of a Pandora's box, to be honest! As you probably know, Reddit is not a fintech forum, but it’s finance sub-Reddit communities are among the most active and engaged on the web. Our favourite is r/fintech, Oh, and don’t forget r/wallstreetbets.You only need to turn the clock back a couple of years to see the power that these forums can have. r/wallstreetbets was responsible for that crazy rise of Gamestop stock, initiating a short squeeze in January 2021.There are just 3 great places to look if you want to read around the industry and join fellow traders in their discussions. However, if you’re looking for a bit more variety, we also recommend The FinTech Times and Finextra — both are great and highly-active communities!What’s your fave?Are you in any of these communities? Which do you recommend? If you know of any others that should be on our radar we’d love to hear from you! Tweet us at @_contentworks.Top fundamental events week commencing 11.09.23It’s looking like a quiet week in the markets. Here’s what’s coming up…MondayNo major events are planned.Tuesday● AUD — Westpac Consumer Confidence Change; NAB Business Confidence● GBP — Unemployment RateWednesday● GBP — Manufacturing Production MoM; Manufacturing Production YoY; GDP MoM● USD — Core Inflation Rate MoM; Inflation Rate MoM; Inflation Rate YoY; Core Inflation Rate YoYThursday● EUR — ECB Interest Rate Decision; ECB Press Conference● USD — Retail Sales MoM; PPI MoMFriday● USD — University of Michigan Consumer Sentiment IndexHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

Financial companies are subject to a whole bunch of regulations primarily designed to protect consumers. And of course, to ensure that the financial system doesn’t completely unravel. Not all companies play ball though, and when they fail to comply with the rules, the law comes a-knockin’. Today, we’ll present 5 of the heftiest fines in the history of finance, before going over the top tradeable events of the coming week.You get a fine, you get a fine…Here are some of the biggest fines to date:#1 JPMorgan ChaseIn 2020, JPMorgan Chase agreed to pay $13 billion to settle charges that it failed to properly manage its risk and that it misled investors about its financial condition.It all goes back to the 2008 financial crisis, remember that one? This fine is a penalty for everything the bank did wrong with mortgages during that time. Some of that was at JP Morgan itself, but most of it was at Bear Stearns and Washington Mutual, two banks that JP Morgan bought in 2008.$13 billion is a huge chunk of cash and, as you may have imagined, is the largest fine ever imposed on a bank for failing to manage risk. It could have been even worse, though. The bank’s entire liability from the crisis was worth around $33 billion!#2 BNP ParibasIn 2014, BNP Paribas agreed to pay $9 billion to settle charges that it violated US economic sanctions against Sudan, Iran, and Cuba.The French bank was formally ordered to forfeit $8.83 billion and pay a $140 million fine as part of the sentence.At the time, Prosecutor Jennifer Ambuehl said the Justice Department would evaluate distributing the $3.84 billion in forfeitures it received in the deal to people harmed by Sudan, Cuba and Iran.The programme covered anyone harmed in atrocities connected to the country’s policies between 2004 and 2012.#3 Deutsche BankIn 2017, Deutsche Bank was forced to pay $7.2 billion to settle charges that it misled investors about the quality of its mortgage-backed securities.This episode wasn’t dissimilar to that of JPMorgan and was related to the sale of residential mortgage-backed securities during the 2008 financial crisis.At the time, the US Department of Justice said that from 2005 to 2007, Deutsche Bank “…repeatedly misrepresented the characteristics of the loans backing securities they sold to investors throughout the world, who incurred billions of dollars in losses”.The DoJ had originally wanted the fine imposed to be $14 billion, but it was lowered over fears that the total failure of the bank could pose a risk to the global financial system.#4 Wells FargoIn 2018, the 4th largest bank in the US, Wells Fargo, agreed to pay $3 billion to settle charges over creating millions of fake accounts for its customers. Naughty Wells Fargo!Under pressure to meet sales quotas, bank employees opened millions of savings and checking accounts in the names of actual customers, without their knowledge or consent. Wow.Apparently, bank employees began calling this process “gaming”. It included opening accounts without a customer’s knowledge, issuing credit and debit cards, and even moving money from existing accounts to fraudulently opened ones. Crazy stuff!#5 RabobankIn 2019, Rabobank was fined $1 billion for manipulating the London Interbank offered rate (LIBOR), a key interest rate used in financial markets.30 employees at the Dutch bank, the largest mortgage lender in the Netherlands, were involved in manipulating the LIBOR and Euribor, benchmarks for more than $300 trillion of financial products.Did we miss one?Did you expect to see a different hefty fine on this list? Let us know what we missed by tweeting (or “X-ing”) us at @_contentworks.Top fundamental events week commencing 04.09.23There’s not a huge amount to shout about this week. Here’s what’s coming up…Monday● EUR — German Balance of TradeTuesday● AUD — RBA Interest Rate DecisionWednesday● AUD — GDP Growth Rate QoQ● USD — ISM Services PMIThursday● AUD — Balance of Trade● CNY — Chinese Balance of Trade● CAD — Ivey PMI s.aFriday● CAD — Unemployment RateHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

Halloween is a major spending holiday in the US and increasingly throughout the rest of the world. Although it’s still August, many traders are already planning ahead — as they should! Today, we’ll look at some Halloween stocks to watch before outlining the financial events you can trade this week.Hot Halloween stocksUS consumers are expected to spend an average of $102.74 on Halloween this year. This spending is usually spread across a variety of categories, including confectionery, costumes, decorations, and events.Which companies could benefit from that serious cash injection? Should you invest in anticipation? Let’s have a look.#1 Hershey Co. (NYSE: HSY)Halloween 2022 performance: +6.67%Hershey is a massive confectionery maker that produces a wide variety of Halloween faves, including Kit Kat, Reese’s, and Hershey’s Kisses.Like most years, the company is expected to see strong sales this Halloween season, as consumers stock up on their sweet treats for trick-or-treaters and parties.Impact of last year’s HalloweenSource: Google#2 Mondelez International Inc. (NASDAQ: MDLZ)Halloween 2022 performance: +8.03%Mondelez is another major sweetie maker that owns brands such as Oreo, Cadbury, and Milka.Continuing the theme, the company is also expected to see strong sales this Halloween season. It’s also expanding its reach into emerging markets, and having a good year because of it.Impact of last year’s HalloweenSource: Google#3 Tootsie Roll Industries Inc. (NYSE: TR)Halloween 2022 performance: +7.2%Tootsie Roll isn’t as well known as its contemporaries on this list. This much smaller sweet maker specialises in affordable treats like Tootsie Rolls and Tootsie Pops.The company is a popular choice for Halloween parties and events and, therefore, traders.The products always sell well as they offer a variety of buy-in-bulk options, perfect for trick or treating.Impact of last year’s HalloweenSource: Google#4 Target Corp. (NYSE: TGT)Halloween 2022 performance: +8.49%Target is a major retailer that sells a wide variety of Halloween-related products, including costumes, decorations, and… yep, you know what else — sweets, chocolate and all things sugar!Because of its massive range of stock, Target is a year-round performer. But holidays like Halloween can offer a major boost.Target expects to see strong sales this Halloween season, as it continues to invest in its e-commerce business.And, looking at this year’s chart, it could do with a boost!Impact of last year’s HalloweenSource: Google#5 Walmart Inc. (NYSE: WMT)Halloween 2022 performance: +6.14%Yeah, you probably guessed what was coming next…Walmart is another major retailer that sells a wide variety of Halloween-related (and like a billion other-thing-related) products.Like its main competitor, Walmart should see strong sales in Halloween 2023.Impact of last year’s HalloweenSource: GoogleHalloween is a commercial hotspotWhile we have your attention, here are some additional stats on Halloween shopping habits:● The average American spends about $27 on Halloween confectionery.● About 75% of Americans (that’s about 249 million people!) will hand out sweets to trick-or-treaters.● The average American spends about $30 on Halloween decorations.● By those calculations, on average, this single day/night is worth over 14 billion to the US economy.Business for any major company connected to those industries is set to be good…Are you ready?Will you prep for Halloween by buying up some stocks like these? If so, let us know which by tweeting us at @_contentworks — we’d love to know!Top fundamental events week commencing 28.08.23Here are all of the main events coming up in what looks like a pretty busy week for the markets.MondayNo events are scheduled.Tuesday● EUR — German German GfK Consumer Confidence● USD — CB Consumer Confidence; JOLTs Job OpeningsWednesday● EUR — German Inflation Rate YoY Prel● USD — ADP National Employment ReportThursday● CNY — Chinese NBS Manufacturing PMI● EUR — French Inflation Rate YoY Prel; Inflation Rate YoY Flash● USD — Core PCE Price Index MoM; Personal Income; Personal Spending MoMFriday● CNY — Chinese Caixin Manufacturing PMI● CAD — GDP Growth Rate QoQ● USD — Average Hourly Earnings MoM; Nonfarm Payrolls; Unemployment Rate; ISM Manufacturing PMIHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

The world of finance isn’t always squeaky clean. History is littered with examples of fraudsters who have swindled people out of their cash. Some of the most notorious cases feature tricksters have disappeared into thin air. Today, we’ll have a look at 3 such mysteries, before going over the top events that probably won’t disappear off your calendar this week.#1 Ruja Ignatovaimage source https://en.wikipedia.org/wiki/Ruja_IgnatovaRuja Ignatova was the founder of the now infamous OneCoin, a cryptocurrency that was, at one time, dubbed the “next Bitcoin.”However, OneCoin was actually a Ponzi scheme, and Ignatova disappeared with an estimated $4 billion in investor funds in 2017. She is currently on the FBI’s Most Wanted List.Her disappearance is also shrouded in mystery. She was last seen in Athens, in October 2017. Several sightings have been reported since then, but none have been confirmed.Some believe that she may be living in hiding in Eastern Europe, while others believe that she may have been killed.The FBI is offering a reward of up to $100,000 for information leading to Ignatova’s arrest.#2 Melissa Caddickimage source https://www.bbc.com/news/world-australia-65395490Melissa Caddick was an Australian financial advisor who defrauded around 60 clients for an estimated $30 million.She enjoyed overseas trips on private jets, high-end cars, designer clothes, and expensive jewellery.As new clients gave her money to invest, she would pay some out as dividends to existing clients before keeping (spending!) the rest.Caddick disappeared in November 2020, just days after the Australian Securities and Investments Commission (ASIC) raided her home.Police initially thought that she was either still alive and had gone into hiding to escape justice, or had taken her own life.In February 2021, a single, partially-decomposed foot belonging to her was found on a beach. Cue-crazed speculation… Some believe that she committed suicide, others believe that she may have faked her own death to throw the police off her scent. There is also speculation that she may have been murdered.The rest of Melissa Caddick has never been found…#3 Chris Burnsimage source https://www.fbi.gov/wanted/wcc/christopher-w-burnsIn 2020, Chris Burns, a US-based financial advisor and radio host left home saying he was going to visit his parents. Nothing unusual, right? Wrong. Burns disappeared…The timing of his “parental visit” was significant. He left one day before a deadline to turn over financial documents to the Securities and Exchange Commission (SEC). The agency was investigating problems with Burns’ peer-to-peer lending programme.Burns was, of course, running because he’d committed mass fraud via his Ponzi scheme, to the tune of around $10 million dollars, leaving dozens of victims in his wake. He told his clients that he would pool their money with that of other investors and lend it to startup companies and charities.Just before he left, he took in $320,000 from investors and moved most of it into personal accounts. He also transferred assets to his wife, Meredith, and made her sign a load of papers. Later, she realised that these were divorce papers.3 years on, Burns is still on the run and is now on the FBIs Most Wanted list. The agent leading the chase, FBI special agent Terry Rankhorn recently said, “Once you’ve gotten yourself in the sights of the FBI, your days on the run are numbered”.He may be missing, but the charges and indictments against him are piling up.On April 11, 2023, a federal grand jury charged Burns with 10 counts of wire fraud, two counts of mail fraud, and four counts of money laundering.Did we miss one?Do you know any other twisty-turny disappearance mysteries? We’d love to hear them! Tweet us at @_contentworks.Top fundamental events this weekIt’s looking like a very quiet week in the markets. Here’s what’s coming up…MondayNo major events are expected.TuesdayNo major events are expected.Wednesday● EUR — German HCOB Manufacturing PMI FlashThursday● USD — Durable Goods OrdersFriday● EUR — German Ifo Business Climate; ECB President Lagarde Speech● USD — UoM Consumer Sentiment Index; Fed Chair Powell SpeechHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

In case you hadn’t noticed, the cryptocurrency market is a volatile one. Today we’re getting into 5 big fat crypto fails. After that, we’ll go over the top events you can trade in the markets this week. Let’s get into some fails. We know you love them.#1 OneCoinAh, OneCoin. This crypto was a certified Ponzi scheme that promised investors high returns with little risk. Sounds almost too good to be true, right? Right! The project was founded by Ruja Ignatova, who claimed that OneCoin was a new type of cryptocurrency that was backed by gold. What could go wrong?There was (of course) no evidence to support Ignatova’s claim, and OneCoin was eventually revealed to be a major scam. The unfortunate investors that believed her hokum, lost billions of dollars in the collapse. The FBI estimates the scheme to have been worth $4 billion.Ruja Ignatova went on the run in 2017 and hasn’t been seen since. She’s on the FBI’s most wanted list — quite rightly!#2 BitconnectTalking of Ponzi schemes brings us straight to our next flop — Bitconnect.The project offered investors a way to “mine” Bitconnect tokens, which could then be traded for fiat currency. But, if you smell more than a faint whiff of nonsense, you’re right… Bitconnect was not actually mining anything. It was simply using money from new investors to pay off old investors. The Bitconnect scheme collapsed in 2018. At its height, it achieved a market cap of $3.4 billion.The founder and CEO, Satish Kumbhani, disappeared in 2022 after being indicted. Indian authorities confirmed in a legal filing last March that Kumbhani had vanished from India and was assumed to have relocated to another, unknown country. Shall we have an article on scammers who disappeared? Comment and tell us!#3 TheDaoTheDao was a decentralised autonomous organisation (DAO) that was created on the Ethereum blockchain.TheDao was designed to be a venture capital fund that would invest in other blockchain projects. Sounds quite neat. But, one major requirement of all businesses operating on the blockchain is ensuring they get their security game in check. TheDao did not do this.The organisation was hacked in 2016, and investors lost $50 million worth of ether. TheDao was eventually shut down, and the project was a major setback for the Ethereum community.#4 TerraTerra was a stablecoin project that, like all stablecoins, was designed to maintain a value of $1. The solution used a complex system of algorithmic stablecoins to keep its value stable. Until it suddenly went sideways.The Terra system collapsed in May 2022, and the value of TerraUSD (UST) dropped to $0.0001… That’s really far from 1 USD! -999900% to be exact.The collapse of Terra wiped out billions of dollars in value, and it caused a significant sell-off in the cryptocurrency market.#5 LUNAOkay, so 4 and 5 are hard to separate as they’re actually connected to the same scandal, as LUNA was the native token of the Terra ecosystem. LUNA was used to support the value of UST, and it also had its own value. However, the collapse of UST also caused the value of LUNA to plummet.As mentioned, LUNA’s price dropped from $119 to $0.000001 in just a few days, and investors lost billions of dollars.So LUNA wasn’t exactly a “Lambo to the moon” kinda crypto!What can we learn from these crypto failures?There are a few things that we can learn from these crypto failures:Be wary of projects that promise high returns with little risk. These projects are often scams.Ask yourself — does this make sense? Then do some research! Make sure you understand the project and its risks.Don’t invest more than you can afford to lose. The cryptocurrency market is volatile, and there is always the risk of losing money.Let us know what you think!Did you invest in any of these? Perhaps you had a near miss? We’d love to hear your stories. Get in touch at @_contentworks.Top fundamental events week commencing 14.08.23Ready for the week ahead? Here’s everything you need to know about.Monday 14No specific events are planned.Tuesday 15● JPY — GDP Growth Annualised Prel; GDP Growth Rate QoQ Prel● AUD — Wage Price Index QoQ; RBA Meeting Minutes● GBP — Unemployment Rate● CAD — Inflation Rate YoY● USD — Retail Sales MoMWednesday 16● GBP — Inflation Rate YoY● USD — ​​Building Permits Prel; FOMC MinutesThursday 17● JPY — Balance of TradeFriday 18● JPY — Inflation Rate YoY● GBP — Retail Sales MoMHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team

Big tech is booming and the only thing that’s booming even more are the wallets of the big tech founders. These multi-billionaires are some of the wealthiest people in the world. Today, we‘re looking at the net worth, investments, and strategies of some of the biggest tech moguls. After that, we’ll give you the top tradable events you won’t want to miss this week.Tech titans under the microscope#1 Elon MuskNet worth: $236.1 billionStrategy: Risk-taker. Long-term mindset, willing to wait for investments to pay off.Elon Musk is, by far, the wealthiest person in the world, with a net worth of well over $200 billion. Musk is, of course, the headline-chasing CEO of Tesla and SpaceX. He’s also invested in a number of other companies including Twitter (or X as it’s now known), Neuralink, and OpenAI.Musk’s investments are often risky, but they have also regularly succeeded. One great example is Bitcoin. He invested early on and his stake in the cryptocurrency is now worth billions of dollars.Good investments:● Tesla: Musk’s biggest investment is in Tesla, he owns roughly 13% of the company. Tesla’s stock price has skyrocketed in recent years from $17 to over $200, and Musk’s stake in the company is now worth over $100 billion.● SpaceX: Musk is also the Founder and CEO of SpaceX, a space exploration company. SpaceX has made significant progress in developing reusable rockets and is now one of the leading companies in the space industry.Bad investments:● Twitter (X): The jury is out on this one, but it’s not exactly going great. Musk recently acquired Twitter for $44 billion and rebranded the platform to X. A poor rebrand, some controversial decisions over user handles and the Twitter blue tick fiasco are just a few dodgy ones!● The Boring Company: The Boring Company is a tunnel construction company that Musk founded in 2016. The company has yet to generate any significant revenue, and has been criticised for its high costs.● Neuralink: Neuralink is a neurotechnology company that Musk founded in 2016. Neuralink is still in its early stages of development, and it is unclear whether the company will be successful, but early signs don’t look great.#2 Mark ZuckerbergNet worth: $110.9 billionStrategy: Long-term. Likes to invest in (or forcibly buy out?!) small start-ups and grow them over time.Mark Zuckerberg is the co-founder and CEO of Facebook. He’s the fifth-wealthiest person in the world, with a net worth of over $100 billion. Zuck’s investments are mostly in tech companies, part of his belief that tech has the power to change the world.Good investments:● Facebook: Facebook is one of the most popular websites in the world, and it has over 2 billion active users.● Breakthrough Energy: Breakthrough Energy is a venture capital firm that invests in clean energy technologies.Bad investments:● Oculus VR: Oculus VR is a virtual reality company that Zuckerberg acquired in 2014. Oculus VR hasn’t quite lived up to the hype. It allegedly lost $21 billion last year. That’s the definition of a “bad investment.”● Onavo: Onavo was a mobile analytics company that Zuckerberg acquired in 2013. It was used by Facebook to collect data on its users and was very publicly criticised for its privacy practices before being shut down in 2019.#3 Jeff BezosNet worth: $151.6 billionStrategy: Long-term. Bold — not afraid to invest in unproven tech.Jeff Bezos is the second-wealthiest person in the world, with a net worth of over $160 billion. You probably know him as the founder, chairman, and CEO of Amazon, the world’s largest online retailer.He also once said that he wants to “die on Mars”. You do you, Jeff.Good investments:● Amazon: Shock! Founded in 1994, Amazon is now one of the most valuable companies in the world, with a market cap of $1.43 trillion, and it’s made Bezos a billionaire many times over.● The Washington Post: Bezos acquired The Washington Post in 2013 for $250 million. The newspaper has since become profitable again, and it has won several Pulitzer Prizes under Bezos’s ownership.● Blue Origin: Jeff founded Blue Origin in 2000. The company is developing reusable rockets that could eventually be used to transport people to space.Bad investments:● Pets.com: Pets.com was an online pet supplies retailer that went bankrupt in 2000. Bezos invested $30 million in the company and lost every penny. Ouch.● Theranos: Theranos was a blood testing company that was founded by Elizabeth Holmes. Bezos invested $100 million in the company, but it was later revealed that Theranos’ technology was not as effective as it claimed to be. In fact, Holmes and Theranos turned out to be a giant scam! Check out this timeline for more info — it’s a riveting story!Bezos is also a big believer in crypto and has invested heavily in Bitcoin and Ethereum. He believes cryptocurrencies have the potential to revolutionise the way we think about money.#4 Larry Page and Sergey BrinNet worth: $108.6 billion and $103.2 billion, respectively.Strategy: Long-term, slow burners. Everything revolves around enhancing Google’s ability to provide optimum UX. They’ve also invested in crypto.Larry Page and Sergey Brin are the co-founders of Google. Page is the CEO of Alphabet, Google’s parent company and Brin is the president of Alphabet’s parent company.Good investments:● Alphabet: Again, no surprise! Page and Brin’s biggest investment is Alphabet, the company they co-founded. Alphabet is now one of the most valuable companies in the world, with a market cap of $1.62 trillion.● Calico: Calico is a life sciences company that is focused on extending human life. Page and Brin invested in Calico in 2013, and the company has made some promising progress in its research.● DeepMind: DeepMind is a British artificial intelligence company that was acquired by Google in 2014. DeepMind has developed some ground breaking artificial intelligence technologies, and it’s seen as one of the leaders in the field.Bad investments:● Wag: Wag is a dog walking service that was acquired by Google in 2016. Wag has struggled to find any kind of profit. (They should have had a word with Jeff Bezos!)● Makani: Makani is a wind energy company founded in 2009. Makani has developed some innovative wind turbine technologies, but the company was dropped by Google as it totally flopped.#5 Benjamin SilbermannNet worth: $1.6 billionStrategy: Focuses on companies with a desire to solve real-world problems.You’d be forgiven for not recognising the name. Unlike many on this list, Silbermann likes to keep himself to himself and has a pretty healthy outlook on social media and its dangers. “At its most basic level, it’s just about you,” Silbermann told CNN Business’ Laurie Segall in a recent interview. “It’s not about following the news. It’s not about accruing followers. It’s not about following celebrities. It’s really about your personal interests.” He’s the co-founder and executive chairman of Pinterest. He is also a venture capitalist and angel investor.Good investments:● Pinterest: Silbermann has turned the platform into one of the most used and recognised brands in the world of social media and has a market cap of $18.23 billion. Need we say any more?Bad investments:● Truth be told — we couldn’t find any. We’re sure there are some, but Silbermann has done a good job of keeping them hush. If only everyone on this list was so careful. Well done, Ben!Let us know what you think!Did we miss anything? Which of these is your favourite? Do you think any i.nvestor tops these guys? Join the debate at @_contentworks..Top fundamental events week commencing 07.08.23Ready for the week ahead? Here’s everything you need to know about.Monday, August 7No specific events are planned.Tuesday, August 8● AUD — Westpac Consumer Confidence Change AUG; NAB Business Confidence JUL● CNY — Balance of Trade JULWednesday, August 9● CNY — Inflation Rate YoY JULThursday, August 10● USD — Core Inflation Rate YoY JUL; Core Inflation Rate MoM JUL; Inflation Rate YoY JUL; Inflation Rate MoM JULFriday, August 11● GBP — GDP Growth Rate YoY Prel Q2; GDP Growth Rate QoQ Prel Q2; GDP MoM JUN● USD — PPI MoM JUL; Michigan Consumer Sentiment Prel AUGHere at Contentworks we closely follow market movements and prep content that we think your traders would love to read. Let’s get you started right here.Speak soon!The Contentworks team