Björn Berg Gunnarsson

1,426 Flips | 1 Magazine | 2 Likes | 9 Following | 86 Followers | @bjornbg | Director of Financial Education at VÍB Wealth Management and Íslandsbanki

The 'starve and stack' method could help you save $50,000 in 2 years — here's how to implement it in your own life

If you want to change the trajectory of your financial future for the better, 'starve and stack' may be right for you.<p>I've written about what 'starve and stack' is, but in this article I will show you how to execute it.<p>What is 'starve and stack?'<p>'Starve and stack' is centered around the power of …

Retirement

Here’s How Much Everyone Gets Paid on a Movie Set — From the Key Grip to the Director

The bigger the movie, the bigger the salaries.<p>Want to make money in Hollywood? Sadly, the odds of becoming a movie star are about 1 in 1,190,000, …

Film Industry

10 things you need to know in markets today

<b>1. Amazon is the latest tech giant about to be slapped with a massive fine.</b> The European Commission is preparing to bill the company for back taxes in Luxembourg, where Amazon has set up a complex structure to pay minimal tax on its European operations, The Financial Times first reported. The bill …

HTC stock suspension adds fuel to Google acquisition rumors

HTC is to suspend trading of its stock on the TWSE tomorrow, ahead of what it says will be the release of “material information” pertaining to its business. The news was reported earlier by the FT.<p>The move has spiked speculation about a potential sale of HTC’s mobile division, with the Taiwanese …

BLOOMBERG: 'I cannot for the life of me understand why the market keeps going up'

"I cannot for the life of me understand why the market keeps going up," the former New York City mayor said Tuesday in an interview with CBS News' Anthony Mason.<p>"Our economy has some real challenges," he continued. "The infrastructure's falling apart. We're destroying jobs with technology. We are …

Warren Buffett: My Greatest Investing Advice And The Investments Everyone Should Make

When I was 7 or 8 years old, I was lucky in that I found a subject that really interested me–investing. I read every book on that topic in the Omaha Public Library by the time I was 11. Some of them more than once. My dad happened to be in the investment business, so when I would go down to have …

Investing

Norway’s massive sovereign fund made more than $60 billion in just six months

Norway’s sovereign wealth fund is now worth just over $1 trillion. It is the world’s largest fund of its kind, and is clearly determined to keep it that way. In the first half of 2017, the fund made a cool 499 billion kroner ($63 billion), the best half-year return in its history, the fund said …

Stock Markets

Snapchat Could Overtake Facebook, Instagram Among Young U.S. Users for First Time

Facebook’s user growth is expected to slow this year among teens and young adults in the U.S.—two demographic groups that are highly coveted by …

Chasing higher yields, investors pile into risky countries

WHERE can you find a 7% interest rate on a sovereign dollar-bond? You would have to take a time-machine to the mid-1990s to find such a yield on a …

The Complete Guide to Understanding Equity Compensation at Tech Companies

I’ve hired hundreds of tech employees, and recently started Comparably to make workplace compensation and culture more transparent. Most private tech …

Employment

Global use of euro declines further on political risk: ECB | Reuters

FRANKFURT (Reuters) - Use of the euro as an international currency has declined over the past year, primarily due to concerns over political risk and the increased use of emerging market currencies, such as the Chinese renminbi, the European Central Bank said on Wednesday.<p>A 20 and 50 Euro bank note …

Economics

Amazon’s Next Big Move Could Be With Dish Networks

Amazon’s (amen) next big strategic move could be into wireless communications with satellite TV company Dish Networks (dish), according to <i>The Wall</i> …

Nasdaq glitch sees wild stock price fluctuations

An IT glitch has led to wild price moves on traders' terminals for Nasdaq-listed stocks including Apple and Google. Some stocks plunged or rose by as …

This 26-year-old With $148,000 in the Bank Is on Track to Retire at 37 — Here’s His Playbook

It's never to early to start saving for retirement.<p>Most people don’t start saving for retirement until they land their first “real” job as a …

The Most Surprising Thing About the Amazon-Whole Foods Deal

For years, Whole Foods CEO John Mackey was convinced that grocery stores and e-commerce didn’t mix. And I was more surprised than most when the news …

Goldman Sachs' new online lending business has already hit a $1 billion milestone

It was a departure from what Goldman Sachs is best known for, namely, wealth management, trading, and investment banking.<p>And the business has already hit a $1 billion milestone, according to Goldman Sachs Lloyd Blankfein.<p>Blankfein said in an interview on CNBC's "Mad Money with Jim Cramer" that "we …

Qatar could defend currency for years, its balance sheet shows | Reuters

DUBAI/LONDON (Reuters) - Qatar could defend its currency for years in the face of economic sanctions by other Gulf states, the country’s balance sheet suggests, so the riyal’s peg to the U.S. dollar is unlikely to fall victim to the region’s diplomatic crisis.<p>A cashier counts Qatari riyal notes at …

Stock Markets

The Single Most Compelling Reason to Buy Marijuana Stocks Right Now

There's really just one reason to buy marijuana stocks, but it's a big one.<p>There are plenty of reasons you shouldn't buy marijuana stocks.<p>Many of …

Nasdaq Megacaps Go Careening Off Course

A crack has finally formed in the foundation of the U.S. bull market. Now investors must decide if any structural damage has been done.<p>This year’s …

Pandora raises $480M from SiriusXM, sells Ticketfly to Eventbrite for $200M

Troubled streaming music service Pandora has finally found a white knight of sorts to boost it with a cash injection as it looks to improve its business: SiriusXM has just announced it will be investing $480 million in cash into publicly traded Pandora, which will give the satellite radio company …

Brexit Effects - UK Manufacturing Output And Exports Up As Pound Falls

This is not exactly the most surprising economic outcome ever–as a result of the Brexit vote the pound fell in value, as a result of that it looks like British manufacturing output is up and that it is an increase in exports driving said rise. Which is exactly what we would all expect to happen …

Economics

State Of Denial: The Economy No Longer Works As It Did In The Past

<i>There's no Plan B for a state-corporate form of central-planning capitalism that is no longer functioning.</i><p><b>If there is one reality that is denied or</b> …

Why We May Be Seeing the End of Brick-and-Mortar Retail

Former Brooks Brothers CEO Joseph Gromek discusses the plight of brick-and-mortar retailing and the rise of online shopping. Bloomberg's Enda Curran …

Snapchat Co-Founders Just Lost Over $1 Billion Each

Snap Inc. co-founders Evan Spiegel and Bobby Murphy lost more than $1 billion each after the company reported earnings for the first time Wednesday …

Apple isn't working on a car — it's working on something much bigger

And yet, Business Insider's Sam Shead recently discovered a secret Apple office in Berlin that — sources tell us — is devoted mostly to transportation. The engineers there were hired from car companies, and some are working on mapping projects.<p>So is Apple working on a car or not?<p>UBS analyst Steven …

Apple Watch

Parts of Asia Will Grow Old Before Getting Rich, IMF Warns

Asia’s rapidly aging population means the region is shifting from being the biggest contributor to the global workforce to subtracting hundreds of …

Warren Buffett: The complex life of the world's richest investor

The world's most famous investor is worth $73bn but has lived in same house he bought for $31,500 in 1956.<p>Billionaire investor Warren Buffett, at 86, …

The Days of Big Berkshire Gains Seem Like They're Over

On Thursday the greatest investor in history, Warren Buffett, disclosed that Berkshire Hathaway (BRK.B) has disposed of about one-third of its IBM …

Inside Baidu's Billion Dollar Push To Become An AI Global Leader

To Chinese search engine operator Baidu, the future is set in stone. The company, dubbed the Google of China, has been investing heavily in artificial intelligence, betting that smart machines will disrupt industry after industry.<p>Of the 20 billion yuan ($3 billion) Baidu spent in research and …

Artificial Intelligence