Apple represents 20.13% of Vanguard’s Information Technology ETF (VGT); Microsoft represents 16%. Is this ETF really diversified?

by

by ncrowley I was looking at Vanguard Information Technology (VGT) holdings this afternoon, and was shocked to find that although there are 331 companies in this ETF, 36% of the entire fund consists of just two companies: Apple and Microsoft. See here: https://investor.vanguard.com/etf/profile/portfolio/VGT/portfolio-holdings The reason that I invest in ETFs is to diversify my holdings of … Read more

Investing app Acorns to go public through a blank-check merger valued at $2.2 billion

by

Savings and investing app Acorns plans to go public by merging with a blank-check company. The fintech start-up announced a deal Thursday to combine with Pioneer Merger Corp., a publicly traded special purpose acquisition company, or SPAC. The merger values Acorns at roughly $2.2 billion and is expected to close in the back half of this … Read more

TESLA starts using cabin cameras to spy on drivers

by

Tesla has switched on a driver-facing camera in some of its Model 3 and Model Y vehicles to make sure drivers are paying attention to the road when they use Autopilot, the company’s driver assistance system. The camera-based driver monitoring system was switched on in Model 3 and Model Y vehicles after Tesla modified these … Read more

Mass grave of 215 children found in Canada

by

Remains of 215 children have been found at the site of the Kamloops Indian Residential School in British Columbia in Canada The remains were found with the help of a ground penetrating radar specialist after long-held suspicions about the fate of missing students  One survivor told how children would suddenly disappear from the school without … Read more

WTF: Joe Admits China Will Own US ‘In Next 15 Years’

by

President Biden dropped an ominous note into his remarks to American service members at a Virginia military base Friday, telling them that his Chinese counterpart believes Beijing will “own America” inside the next 15 years. “We’re in a battle between democracies and autocracies,” Biden told troops at Joint Base Langley Eustis in Hampton. “The more … Read more

AS A WISE COMMUNITY ORGANIZER ADVISES, PUNCH BACK TWICE AS HARD: Chicago Mayor Lori Lightfoot Slapped With Racial Discrimination Lawsuit.

by

When an elected government tramples the citizens’ rights, the courts have the power to reign them in.  Chicago Mayor Lori Lightfoot is about to learn that the hard way—a lawsuit filed by Judicial Watch for the Daily Caller and one of its reporters Thomas Catenacci whose request for an interview was ignored because of the color of … Read more

Welcome Back, Carter!

by

Costco Sees “Inflationary Factors Abound” Don’t tell Costco executives that inflation is low. The big-box club chain said it’s been seeing accelerating prices across a range of products, including shipping containers, aluminum foil and a 20% spike in meat prices over the past month. “Inflationary factors abound,” CFO Richard Galanti said on the company’s fiscal … Read more

Secretary of Defense Says R&D Spending to Skyrocket in 2022 Budget

by

WASHINGTON: The 2022 defense budget will see “probably the largest ever request” for research and development to counter China’s increasing military prowess, Defense Secretary Lloyd Austin told the House Appropriation defense subcommittee today. Pumping money into new and emerging technologies has been a cornerstone of Biden administration messaging on the $715 billion budget. But the overall … Read more

Auditors BUSTED In New Hampshire

by

Last Friday, when the machine reports were being printed at the audit, Todd, who has kept a close watch on Hursti, took pictures of them. Late Thursday, she had the report pictures up on her computer when something earth-shattering caught her eye. She spoke about it Thursday evening in a live video with Nick Moseder, … Read more

Unearthed Evidence Shows Fauci Defended ‘Integral’ Gain-Of-Function Research Despite Pandemic ‘Risks’.

by

Dr. Anthony Fauci appeared to defend gain-of-function research as “important” despite its pandemic “risk” in a 2012 paper exposed by The Australian. The National Pulse can also reveal similar comments from the National Institute of Allergy and Infectious Diseases Director during a 2012 conference focused on the controversial form of research. Hosted by the National Institutes of … Read more

Lauren Boebert with the best one word response to Biden

by

You have to watch this clip. Joe Biden attempts to flirt with a child and the corporate media won’t report it: pic.twitter.com/V8T0uenyft — Raheem J. Kassam (@RaheemKassam) May 28, 2021   IT’S THE RETURN OF CREEPY JOE: ‘Looks like she’s 19:’ Uproar after Biden’s remarks about girl at Virginia military base. Flashback: Joe Biden Accused of Groping … Read more

The Tax That Nobody Voted For, and Everyone Pays

by

Photo by Rūdolfs Klintsons From Birch Gold Group Inflation is now on the cusp of spiraling out of control. We’ve been giving this topic a lot of attention because inflation robs you of your wealth, especially if you’re a normal middle-class retirement saver. It’s almost entirely the Fed’s fault that both your buying power and wealth have been sapped ever … Read more

Starvation & Food Shortages Will Be The New Normal Once The Imminent Economic Collapse Hits

by

The acute supply shortages we have been seeing since the beginning of the health crisis are actually not something new in the history of the United States. Throughout the past century, America faced several crises, external and internal conflicts, and economic downturns. Times of shortages are far more common than people can remember, and in … Read more

BLOOMBERG: Your paycheck is now worth 3.1 percent less than last year thanks to Biden’s inflation tax

by

Bloomberg: Your paycheck is now worth 3.1 percent less than last year thanks to Biden’s inflation tax pic.twitter.com/coxeAFZi7O — Tom Elliott (@tomselliott) May 28, 2021 NOTHING BUT RED INK AS FAR AS THE EYE CAN SEE: That’s Hans Bader’s assessment of Biden’s $6 Trillion federal budget proposal. I would add to the red ink, inflation, poverty, economic … Read more