What the New Name for Facebook Will Be

In case you haven’t heard, Facebook (FB) has announced that it is planning on changing its name in order to rebrand as a met averse company. This plan is supposed to help the company distance itself from the issues that the Facebook division has been having.

Remember, that Facebook owns Instagram, WhatsApp, Oculus, and many other companies.

The announcement is expected to be made next week.

An online gambling website, SportsBetting.ag, has put together a list of potential names and their odds of being selected.

The name with the best odds on the list is Virtuel, with Connect and Horizon tied for second place.

Here is the list of possible names along with the odds:

Virtuel 4-1
Connect 5-1
Horizon 5-1
Ecoverse 7-1
Metabook 8-1
Immerse 8-1
Omniverse 10-1
Persistem 12-1
Ecompass 12-1
Metanet 14-1
Sodigeco 20-1
MetaRack 25-1
Openverse 25-1
MetaLand 33-1
MetaLife 33-1
Dataverse 33-1
MetaMatrix 40-1
WeOwn 40-1
MyFace 50-1
Lifelog 50-1
ZuckRack 66-1
Subversive 66-1
MetaMark 80-1
MetaBeast 80-1
Zuckers 100-1

I’m surprised that the name Zuck wasn’t;t on the list. It’s a nice short, four-letter, easy-to-remember name.

The site is also offering bets on whether Mark Zuckerberg will resign as CEO before 2023. The results are:

Yes 3-2
No 1-2
which implies that there is a 66.7% probability that Zuckerberg will not resign

So, what do you think would be the best name for the company?

Disclosure: Author has a long biased option position in FB.

How to Check if your Facebook Data was used by Cambridge Analytica

I won’t review the information about Facebook (FB) and Cambridge Analytica, as the news is all over the place. However, many users of Facebook want to find out if their Facebook data was used by Cambridge Analytica, and are awaiting for notification on their Facebook page.

No need to wait. Go to the following link with will bring you to Facebook’s Help Page on the incident, where you can find out if your info was shared.

https://www.facebook.com/help/1873665312923476

If you are not logged in to Facebook, it will give you a message asking you to log in first.

If you are logged in, you will get a screen that looks like the following:

The bottom box will show you whether or not your data was shared.

Your Secret Data that Facebook Has On You: How to Find It

During the last week, the price of Facebook (FB) stock tanked from 177.01 to 159.39, a drop of over $17 a share or 10%. By now, everyone has heard abut the Facebook Cambridge Analytica scandal.

I check the data that the company has on me and I was shocked. They had five of my email addresses, but I had only given them one. Of course they had my date of birth, my phone number, and many of my interests.

When I ran a report, it showed everything ever entered on my timeline, all my firiends, friends sent requests, friends received requests, all my messages, pokes, events, etc, etc., etc. You get the picture.

What I found really weird was the list of 58 different advertisers that had my contact information. Another unusual thing was that they have a couple of pictures of me that I never uploaded.

If you have ever wondered what personal information Facebook has on you, here is what you can do.

Go to http://Facebook.com/settings
If you aren’t already logged in to Facebook, you will have to do so at this time.

Click on the link that says “Download a Copy”

This brings you to another screen. Click “Download Archive”

Then it asks you for your password again:

Once it downloads, double click on the Facebook folder.

I would suggest starting out by double clicking on the Index file.

Once you do that, click on each menu item shown on the left, starting with Profile (see above).

When you click on the Ads link, you may be surprised to find out what advertisers have your contact info. My account showed dozens and dozens.

Now that you know what information is being stored about you, you can be a lot more careful about what sites you go to, what information you provide to what sites, what links you click on, and clearing your cache.

How to Invest Like a Billionaire

Do you want to be a billionaire? If so, maybe you should invest in the companies that made the billionaires so rich.

Forbes Magazine has just come out with its latest billionaires list. Seven out of the top ten billionaires have founded and/or are the head of companies that are publicly traded, providing investors with a selection of stocks to invest in.

The following is a list of the billionaires and their stocks.

Rank	Name	Net Worth	Company	Symbol
#1	Jeff Bezos	$112 B	Amazon	AMZN
#2	Bill Gates	$90 B	Microsoft	MSFT
#3	Warren Buffett	$84 B	Berkshire Hathaway	BRKA
#4	Bernard Arnault	$72 B	LVMH	LVMH
#5	Mark Zuckerberg	$71 B	Facebook	FB
#7	Carlos Slim Helu	$67.1 B	América Móvil	AMX
#10	Larry Ellison	$58.5 B	Oracle	ORCL

The Yummies are Causing the All-Time Stock Market Highs

Many have wondered why the stock market continues to make all-time highs, almost every day. This exceptional rise may be due to the Yummies, the Young Upwardly Mobile Millennials. Yes, the Millennials, also known as Generation Y. Many traits have been ascribed to this generation, but you don’t ever hear the members referred to as being invetor-oriented.

So let’s look at the facts. Legg Mason Global Asset Management, the 20th largest asset manager in the world, produced the 2017 Global Investment Survey, and the Summary of U.S. Results are very enlightening.

For example, did you know that Millennials invest more in non-cash investments than the Generation X or the Baby Boomers? As a matter of fact, 77% of Yummies apply their funds toward these assets, versus 75% for Gen x and 69% for Baby Boomers.

Let’s look at some definitions before continuing. Legg mason consideres Millennials to be between the ages of 18 and 35, Gen X at age 36 to 52, with Baby Boomers ranging from 53 to 71 years old.

Some other interesting factoids about the Yummies. They invest three times as much as Boomers in non-traditional investments. Plus, a far greater percentage of Yummies put their money into investment real estate than the Baby Boomers.

But what is most amazing is the fact that 11% of the Yummies invest in gold and precious metals versus only 7% of the Gen Xers and a measly 2% for the Baby Boomers.

When the respondents were asked which investment categories they believe offer the best opportunities over the next 12 months, 46% of the Yummies said domestic stocks, with Gen X and Boomers closely agreeing, both at 42%. International stocks came in second as an investment opportunity in the opinion of the Millennials.

Finally, 87% of Yummies have saivings, investments, or both but only 81% of Boomers have these assets, and just 75% of Millennials.

Many wonder why the FAANG stocks, Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOG), continue to rise. So now you know. If you are wondering who is driving up the price of stocks and cryptocurrency, you need look no further than the Yummies.

by Fred Fuld III

Disclosure: Author owns AAPL and AMZN.

New Years 2018 Investment Poem

To be sung to the tune of My Favorite Things

New Years 2018 Investment Poem

Facebook and Apple and Netflix and Google
Throw money at them, no need to be frugal
Amazon’s up over fifty percent
It’s probably not just a random event
When my stocks drop
When I lose bad
When I’m feeling mad
I simply remember my favorite trades
And then I don’t feel so sad

Bitcoin and Ether and Litecoin and Ripple
It certainly looks like my money will triple
California will have legalized pot
Which should cause all weed stocks to get very hot
When my stocks drop
When I lose bad
When I’m feeling mad
I simply remember my favorite trades
And then I don’t feel so sad

The stock market indexes have gone very high
Investors made money and that is no lie
The markets have risen nine years in a row
Everyone’s guessing how high it will go
When my stocks drop
When I lose bad
When I’m feeling mad
I simply remember my favorite trades
And then I don’t feel so sad