Elon Musk’s texts with Jack Dorsey and Parag Agrawal detail tumultuous Twitter negotiations

A tranche of Elon Musk’s private messages have been made public as part of his ongoing lawsuit with Twitter. The messages, revealed in a court filing Thursday, shed new light on Musk’s behind-the-scenes negotiations with Twitter’s leadership, as well discussions with former CEO Jack Dorsey, and how Musk’s talks with CEO Parag Agrawal quickly soured.


The messages include the moment Musk tells Agrawal he wants to acquire Twitter and take it private, rather than join the board. Agrawal confronts Musk about an April 9th tweet questioning if “Twitter is dying.”


Texts exchanged between Elon Musk, Agarwal and Dorsey


Musk responded less than a minute later. The messages also provide a glimpse into the relationship between Dorsey and Musk. Dorsey has publicly said that “Elon is the singular solution I trust,” but hasn’t publicly commented since Musk sued in an attempt to renege on the acquisition. But in the newly released messages, it’s clear Dorsey has wanted Musk to take on an active role at Twitter for some time. Dorsey tells Musk that he wanted him to join Twitter’s board of directors long before Musk acquired a large stake in the company.


Dorsey seemed to be referring to Elliott Management, the activist investor that attempted to oust Dorsey in early 2020. Notably, this conversation occurred in late March, after Musk had acquired a multibillion-dollar stake in Twitter, but before his stake had been made public. He and Dorsey also discussed the Twitter cofounder’s belief that Twitter “can’t be a company.”


Musk responds that the idea is “super interesting” and that “it’s worth both trying to move Twitter in a better direction and doing something new that’s decentralized.” The following month, Dorsey also attempted to play mediator between Musk and Agrawal, at one point arranging a call between the three of them. “You and I are in complete agreement,” Musk tells Dorsey. “Parag is just moving far too slowly and trying to please people who will not be happy no matter what he does.”


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Going Beyond the Basics of Personal Financial Management

Contrary to popular belief, money management encompasses more than budgeting. People’s futures are shaped by how they act, and whether or not they have money. The amount of money a person makes can sometimes hasten their journey toward financial freedom, but ultimately, everything comes down to what is within their control. The hand frequently handles money. The children have a right to be provided for, regardless of the state of the nation’s economy, the employer, or any other factor.


People have more control over the likelihood of staying poor, becoming poor or becoming rich once they accept the fact that increasing money is highly controllable and that the only person to blame if it goes wrong is the person handling it. In the interim, remove educational attainment from the calculation. People must be equipped with this knowledge as they are motivated by tales of rags to riches to fully understand that becoming wealthy, in most cases, is not a matter of luck.


Why go beyond Personal Financial Management?


All media, including books, videos, and online blogs, have already discussed the path to financial freedom. There is a tonne of information available that can help people increase their income, including best-selling books and life coaches who work to change a person’s mindset from one of poverty to one of abundance by helping them create a mental blueprint that becomes ingrained in their minds and DNA.


Beyond managing their finances, a person’s capacity to address more complex issues, assist more people, resolve interpersonal conflicts, and even fend off threats to their mental health. People must first be taught the fundamentals to advance.


Personal financial management is about gaining full control of one’s financial situation, simply put, it’s about watching the spending, and saving money whenever an opportunity comes. Only two important things will be mentioned as basics:


  1. Income and Cash Flow Management


Knowing exactly how much money is coming into one’s pocket each hour, day, week, and month can help with this. The price of a cup of coffee from a café should be compared to the number of minutes or hours an individual works.


Who does that, exactly? Until one can manage business cash flow and budget for a family, anyone can do it with due diligence, patience, and the vision of a future that includes personal financial security. People who practice recording these details can use free mobile applications. The ability to record these on an excel file has also made it simpler.


  1. Ensuring availability of liquid assets or savings


People who are so intent on building wealth frequently make the mistake of having little to no liquid assets. People who are considered to be ready to buy a condo are typically confident that they have access to cash without having to liquidate the properties they already own to grow and secure their finances. The ability to convert any valuable asset into cash without having it lose value is referred to as the liquidity of assets. If a man lost all of his money in a reckless gambling spree and all he has left is a car, he should be able to sell it quickly for a fair price without having to significantly reduce the asking price, which is highly unlikely because a car is a very expensive item.


An emergency fund’s liquidity is guaranteed by shrewd investors. Additionally, a real estate asset is less liquid than money deposited in a bank’s time deposit. To achieve a lifestyle that includes condo living, a person needs the assistance of real estate agents who can help them make decisions about which properties are in line with their budget.


Despite being fundamental, these are difficult for novice investors and people managing their finances for the first time. Imagine not knowing these and focusing solely on investing in extremely volatile markets or even purchasing a large number of tangible properties without having enough cash saved up to cover financial losses or unforeseen expenses like accidents or medical bills.


Selling properties at extremely low prices to meet immediate financial needs puts pressure on the market. Not only will one lose the necessary funds, but also keep in mind that the selling price is frequently less than the market price and, worse yet, the buying price.


Saying that people have mastered the fundamentals and are prepared for more difficult tasks will lead to them pursuing more ambitious financial objectives and ensuring stronger financial capability.


  1. Helping others


A person is ready to assist once their finances are in order. Helping when one can, but not at the cost of sinking one’s boat, is not selfless.


Friends who lend money to one another instead of recommending them to apply for loans that will be turned down are wise with money. They are very useful because they have mastered the art of making and keeping money, but they also put themselves at risk of losing it. That is a unique situation. The point is that being an expert in personal finance enables one to assist those in need.


  1. Opening, growing a business, and ensuring job security for people


This is why bigger solutions can now be created with greater proficiency in money management. As an illustration, one investor decided to put money into a property that is being built by a real estate business that has only recently entered the market. Imagine that mismanaged finances led to a decision to retrench to preserve what was left.


The key takeaway is that bad personal financial management must be fixed before someone can imagine bigger wealth-creating plans like starting a business or bigger life goals and responsibilities like having children or hiring people who must support themselves as well.


Although this is brief, readers should still understand the point. The ability to manage your money well is a requirement for building wealth. If it weren’t, the wealthiest actors, basketball players, and other billionaires wouldn’t have all of a sudden gone bankrupt.


By practicing solutions and acting responsibly with all the money earned, personal financial management not only expands the wallet but also the mind. Put your hard-earned cash to use in an investment where opportunities are always present. Purchase Vista Residences.


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Elon Musk made his bid, and now he might actually have to lie in it

Twitter shareholders have approved Elon Musk’s Twitter dot com acquisition, so that’s nice. Musk has, at this point, sent several letters trying to terminate the deal, and who knows, maybe he’ll send more. His pretext for backing out of the deal — I am not going to try to pretend that he really believes this stuff — isn’t looking so good, partly because his whistleblower deus ex machina seems to be a bust. One way to implement the changes Zatko wanted was to run Dorsey over!


Elon Musk’s lies


The pretext Musk is leaning on is that Twitter is knowingly lying about its user numbers, overcounting bots, and so on. A whistleblower complaint filed by Peiter “Mudge” Zatko maybe bolsters his case slightly, but not much. Underlings expect that their bosses will help defend them in their work disputes. But executives don’t have that luxury. They are at the top of the food chain and are themselves responsible for resolving conflicts. There is nobody to go to in order to complain, not the board who only wants results, and not HR, because you are above HR. Not anybody — you have to resolve your own disputes.


Zatko’s complaint seems to be about looking for dispute resolution in the court of public opinion, because he was unable to resolve his dispute with [Twitter CEO Parag] Agrawal himself. In fact, the more I hear, the more I think current Twitter CEO Parag Agrawal had a point about Zatko’s “poor leadership,” which was one of the reasons Agrawal cited for Zatko’s firing. I’m not alone, either — Twitter shares closed up 2 percent after Zatko’s testimony on Tuesday, which doesn’t sound like much until you realize the rest of the stock market fell. Seems like investors didn’t think much of Zatko’s complaints, either.


Plus, as Techdirt’s Mike Masnick has noted, Zatko’s thoughts on Twitter’s measurement of monetizable users don’t square with Musk’s arguments about bots and fake accounts. There is one bright side for Musk here, though. (Well, besides the Zatko-related shareholder lawsuit.) He tweeted out a link to the Tesla merch store where one could order a “Cyberwhistle” for 1,000 Dogecoin. The “Cyberwhistle” is now out of stock, and presumably, Tesla is many Dogecoin richer.

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Top 5 Investment Strategies you must follow in 2022!

As we step further into the future, financial planning has become a key norm among domestic households. Moreover, millennials are becoming more finance-conscious and hence, investment strategies are on the verge of exploding. Today, not only adults but teenagers also seeking out numerous investment strategies to proliferate their monetary assets. In this blog, we will discuss the top 5 investment strategies that you should follow in 2022. Our list of investment strategies will help you make wise investments while also helping you boost your finance.

However, before we proceed with our list of strategies let us understand why it is vital to make investments.


Why you should be making financial investments?


To enjoy a comfortable financial future, investing is absolutely essential for most people. Investing your money can help you generate another source of income besides your primary source. Moreover, it will help you fund your retirement or even pull you out of a financial crisis. Above all, investing grows your wealth. It helps you meet your financial goals and increase your purchasing power over time. For instance, in case you have recently sold one of your assets, investing that money can turn out to be a wise decision for your future and present self.

While investing can build wealth, you will also want to balance potential gains with the risk involved. And you will want to be in a financial position to do so, meaning you’ll need manageable debt levels, have an adequate emergency fund and be able to ride out the ups and downs of the market without needing to access your money.


How can you invest your money?


There are several ways in which you can invest. There are a plethora of options available in the market—from safe choices such as CDs and money market accounts to medium-risk options such as corporate bonds or even stock index funds. Moreover, you can find investments that offer a variety of returns and are also suitable for your risk profile. This means that you can combine investments to create a well-rounded and diversified (which is safer) portfolio. You can also refer to our list of some of the best investment strategies which modern investors are currently following.


Top 5 Investment Strategies to follow right now


Below is a list of top investment strategies that you should definitely follow in 2022:


1.     High-yield savings accounts


A high-yield online savings account pays you interest on your cash balance. With fewer overhead costs, you can typically earn much higher interest rates at online banks. Plus, you can typically access the money by quickly transferring it to your primary bank or maybe even via an ATM. A savings account is a good vehicle for those who need to access cash in the near future.


2.     Short-term certificates of deposit


Certificates of deposit, or CDs, are issued by banks and generally offer a higher interest rate than savings accounts. These may be better options when you expect rates to rise, allowing you to reinvest at higher rates when the CD matures. They are federally insured time deposits and have specific maturity dates that can range from several weeks to several years. Since they are “time deposits,” you cannot withdraw the money for a specified period of time without penalty.

With a CD, the financial institution pays you interest at regular intervals. Once it matures, you get your original principal back plus any accrued interest. It pays to shop around online for the best rates. Because of their safety and higher payouts, CDs can be a good choice for retirees who don’t need immediate income and are able to lock up their money for a little bit.


3.     Short-term government bond funds


Government bond funds are mutual funds or ETFs that invest in debt securities issued by the U.S. government and its agencies. Like short-term CDs, short-term government bond funds don’t expose you to many risks if interest rates rise, as they’re expected to do in 2022.

The funds invest in U.S. government debt and mortgage-backed securities issued by government-sponsored enterprises such as Fannie Mae and Freddie Mac. These government bond funds are well-suited for low-risk investors. These funds can also be a good choice for beginning investors and those looking for cash flow.


4.     Rental Housing


Rental housing can be a great investment if you have the willingness to manage your own properties. And with mortgage rates still near all-time lows, it could be a great time to finance the purchase of a new property, though the unstable economy may make it harder to actually run it.

To pursue this route, you’ll have to select the right property, finance it or buy it outright, maintain it and deal with tenants. You can do very well if you make smart purchases. However, you won’t enjoy the ease of buying and selling your assets in the stock market with a click or a tap on your internet-enabled device. Worse, you might have to endure the occasional 3 a.m. call about a broken pipe. But if you hold your assets over time, gradually pay down debt and grow your rents, you’ll likely have a powerful cash flow when it comes time to retire.


5.     Cryptocurrency


Cryptocurrency is a kind of digital electronic-only currency that is intended to act as a medium of exchange. It has become a hot property in the last few years in particular, as dollars have flown into the asset, pushing up prices and drawing even more traders to the action.

Bitcoin is the most widely available cryptocurrency, and its price fluctuates a lot, attracting many traders. For example, from a price below $10,000 a coin at the start of 2020, Bitcoin soared to around $30,000 at the start of 2021. Then it doubled above the $60,000 mark, before falling back.

But the start of 2022 was rough for cryptocurrency, as traders increasingly sold their positions and most of the top cryptos declined sharply. However, many cryptocurrencies such as Bitcoin are coming off all-time highs, and it’s not that unusual for them to fluctuate markedly before eventually rising further. Those who bought and held may still be sitting on some pretty nice gains, despite these ups and downs.

This concludes our list of some of the trending investment strategies at the present time. However, besides the above-listed investment strategies, there are several other options that you can consider. For example, some other investment strategies can include Short-term government bond funds, Series I bonds, Short-term corporate bond funds, Value stock funds and many more.


Also Read: 6 Upcoming Business Trends to follow in 2022