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Those cheesy TV infomercials promising “three easy payments of $19.99” were quite ahead of their time. Though calling a toll-free number to buy as-seen-on-TV items is no longer in style, the idea of paying in installments remains popular thanks to a booming marketplace of buy now, pay later services.

With companies like Affirm and Klarna, and credit card issuers like Chase and Citi, you now have a variety of ways to divide up the cost of large purchases. Of course, there are rules and limitations — some BNPL services partner with specific merchants, while credit card companies require you to carry one of their cards to participate.

But limitations haven’t stopped it from becoming a trend. In June 2021, Competiscan, a company that tracks and analyzes direct marketing activity, noted a 530% increase in BNPL email marketing campaigns in the past year, with 28% of retail emails mentioning BNPL in the first quarter of 2021.

BNPL is still a form of debt, though. If you’re debt-averse and would rather save up for major purchases and pay for them in full, that is indeed an excellent tactic. But debt isn’t inherently evil. It’s merely a financial tool that can make major purchases more manageable. As with any financial tool, it’s all about how you wield it. Here are some ways to use BNPL thoughtfully.

Know what you can afford

Andrew Gold, a financial advisor at Prestige Wealth Management in Southlake, Texas, has used BNPL services to finance large purchases, including travel bookings, business purchases and a new mattress. As someone who frequently discusses spending with clients, he recommends considering BNPL when you can afford to pay for something in full, but paying in installments would help you better manage your cash flow. Before you choose a payment plan, review what you have in your bank account and how much money you earn each month, so you know you can afford the payments along with your other obligations.

“This is not for somebody that is complaining about never having money, or is always borrowing money from people,” he says. “This is for people who have consistent income, who are looking for ways to take advantage of some of the benefits and the convenience of breaking up a purchase over a few weeks.”

Yes, you can spring for the nice shampoo and split the purchase into four $6 payments, but just because you can, doesn’t mean you should. BNPL services are helpful, but they also make it far too easy to impulse shop when your budget is tight. “We’re in a world of instant gratification,” Gold says. “There’s a ton of overindulgence and excess in everybody’s life.”

Review the fine print before you buy

Before you make a major purchase, find out how you can get your money back if you return the item, it gets lost during shipping or it arrives damaged. What rights do you have if the merchant won’t refund your money?

If the merchant allows for refunds, you can get your money back. Affirm, Klarna and Afterpay will refund you in full, for example — though Affirm notes that if your plan includes interest payments, you won’t get that money back. Should you need to dispute a charge because the item is missing or damaged, your first step is to contact the merchant directly, much like you would if you paid with a credit card. In some cases, if the merchant grants you a store credit instead of a refund, you must still make payments on your installment plan.

Go in with a strategy

Stay organized by using BNPL for very specific purposes, like a series of purchases for one event. Alexandria Broward used BNPL when she and her now-husband decided they wanted to elope in a month’s time.

With just three weekends to find a dress and sort out other logistics, Broward put some expenses on credit cards and used BNPL for her outfit. She ordered several dresses and fronted a fraction of the cost, returning all but one and getting money back for those returns. Her tactic was to avoid putting the whole cost on credit cards. She also used BNPL to divvy up the cost of her $400 wedding shoes. “They really tied the dress together,” she says. “If I ever have a daughter, she’ll get those.”

“It was a great solution and service to have in my situation, given how last-minute everything was,” Broward says.

This article was written by NerdWallet and was originally published by The Associated Press.

The article Buy Now, Pay Later Isn’t Bad — But Be Careful originally appeared on NerdWallet.

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A few Saturday nights ago, my family and I paid $30 to download Marvel’s Black Widow on its opening weekend.  

Along with millions of other households, we watched a Hollywood blockbuster from the comfort of our own home instead of going to a movie theater.  Although much has been written about the impact of this groundbreaking premiere for theatrical distribution and the future of movie theaters, it bears even greater significance for customer acquisition and retention.  

The incremental costs involved in being able to watch and rewatch first-run movies as part of Disney+ presumably increases our affinity for the service while increasing the cost of switching platforms, and decreases the likelihood that we will opt out of our Disney+ subscription.  All of these elements will serve as the foundation for a successful continued migration to streaming TV.  

All of this prompted me to think about the key factors that I believe will drive success in this evolving market, and some tips media entrepreneurs can learn from this market’s success.

Related: Peacock? HBO Max? The New Streaming Giants Explained.

1.  Great new programming

All media companies produce amazing programming. There has never been a better time to be a consumer, whether you prefer Ted Lasso on Apple+, the Olympics on Peacock, or Space Jam on HBO Max. There is a volume, quality and cadence of great shows streaming regularly, as programmers work (and spend billions on programming and marketing) to keep audiences engaged.

Entrepreneur tip: Volume, quality and cadence are what set you apart — creating new products (in this case, shows and movies) allows your business to grow and continue to thrive. 

2.  A huge library

While library depth currently varies between streaming services, content depth will also likely become a cost of entry for these companies.  Even some niche brands, such as Showtime, Epix, Starz and AMC, boast libraries of hundreds of movies and some of the most popular TV series in history. The recent announcement of MGM by Amazon reflects the scarcity of studio libraries and their potential value to streaming services.

Entrepreneur tip: Creating content that has value and enough content to keep viewers engaged is the key to securing and keeping customers.

3.  Know your customer

Here’s where it starts to get harder. Is your user a horror enthusiast? Does he like reality TV? Does she like sports documentaries or only live sports? Will they want an action movie or a family comedy on a Saturday night? Traditional media companies have had limited direct relationships with their audiences. To market and merchandise their programming effectively, these companies must develop 1:1 capabilities, touchpoints and relationships with their viewers.  While they have already started to collect and aggregate meaningful data on users and their preferences and profiles, it will take time, dedication, scale and top-notch data science to complete this endeavor. 

Entrepreneur tip: Companies need to understand the demand and desires of their customers to keep people interested. It’s essential that they truly know their customer.

Related: Netflix vs. Spotify: Which Streaming Stock is a Better Buy?

4.  Know what they want

Here’s where the walled garden of each streaming service becomes problematic: No matter how big they get, companies like Netflix, Paramount+ and all the rest only look across and within their own services. Netflix, for example, doesn’t know what users are interested in on Peacock, Hulu or Prime. Each optimizes for its own metrics — acquiring new subs, retaining those they have and growing overall engagement and time spent. The connected TV platforms – Google TV, Roku, Apple TV, and Amazon Firestick – also have limited visibility into what is viewed within each individual streaming service. But consumers aren’t necessarily thinking I want to watch a show on Netflix tonight. They’re thinking I want to watch a great family movie or I’m looking for a historical drama

Entrepreneur tip: Keeping track of competitors allows your company to pursue other verticals that customers are looking for — therefore, expanding your opportunities for revenue and growth. 

5. Excel in putting the right show in front of the right user at the right time

Historically Netflix and YouTube became leaders in streaming because of their ability to effectively merchandise their programming to users based on their history and offer something relevant. The scaffolding, context and rationale underlying a user’s decision to watch the next episode or next video, or regard a show or movie as relevant, are based on a given user’s tastes and choices. The next generation of these services — and those that will resonate and succeed most with audiences — will start to pull in new data and additional signals and context to help users navigate their choices.  This may consist of suggestions from creators and influencers, stars or celebrities and perhaps most impactful — each user’s social graph.

Entrepreneur tip: Look to invest in the platforms and data needed to deliver simple and seamless personalized discovery, thereby enabling you to match content with the audiences most willing to pay for it. 

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Tech entrepreneurship is perhaps one of the most complicated. Not only is precise knowledge required for projects, but it must be combined with offering a benefit that the client considers of value.

Depositphotos.com

When faced with the problem of promotion, many doubts arise. How should a technology entrepreneur behave? How to make your brand, your company and even them known as leaders in the sector without dying in the attempt? What happens if I fail?

For Pau García-Milá , entrepreneurship is something he saw as a child when his parents, architects, decided to set up a pizzeria in the face of a real estate crisis that left them without income, so he grew up in the family business. At 17 he founded his first of three companies, eyeOS, which in 2014 he sold to Telefónica.

11 years later, in addition to running his startup, Ideafoster, he has given conferences in other countries and has published four books, however, he prefers to be recognized as an entrepreneur.

“People get ‘CEO’ or ‘director’ and I try to run away from executive positions. I have founded several companies and in the last one I am a partner. “

However, his career has not been without failures and lean times. From the learning that good and bad times leave, he has managed to take it to the field of his personal brand in the following way.

1. Overcome barriers

When he announced at home that he was going to undertake, his parents warned him to be careful. Even friends and family told him it could be risky.

“I think that in an attempt to protect you, they try to stop you. They told me ´you will do it in a few years´ but I realize that there is no good time to undertake, that being 17 years old you have nothing to lose, you can try everything, but you have no experience. With 25 years the same and you know something, you have studied, but you are starting to think about having a family and you are more afraid. At 40 you already have your family and you have your children and you don’t want to risk it. So there is never an ideal time. I think that regardless of the moment, the important thing is that you are sure of what you are doing. “

In the same way, the first 6 years of the company people told them that it was going to fail until they received their first large investors.

“At the company level we had nothing. Every month we were close to having to close the company because we had to kill ourselves to make ends meet but at the project level we did something that was important. “

At the age of nine, something unusual for a startup, she was sold to the most important telephone company in Spain.

“It was fun because we were a very small company but we did a very nice job but very important on a technological level.”

2. Learn from failures without holding on to them

Pau’s second company, Bananity, was founded in 2011. It was a social network based on the big data of passions, that is, the user put places, movies or songs that they liked and the site analyzed them with data from other users to suggest things that you might also like, by making a match. It closed in 2014, after several attempts to keep it afloat.

“It was perhaps one of the failures that hurt me the most because I put not only a part of the savings but the illusion that there could be something here and it closed, it didn’t work for us.”

However, he believes that failure is necessary and even healthy in the process.

“It doesn’t hurt to talk about failures. It hurts me to fail because I know I have not done well, but when it is done I explain it. For me it is very important to explain it, it is like a therapy. After a month I am already thinking about the following, because if something called ‘analysis paralysis’ does not come and it is terrible. “

Like every loss, analyzing it allows you to move on to the next thing but it is important not to hold on.

“I think it is important to close the cycles, turn the page and there are people who do not, but not spend a year trying to learn things. Now it is very easy to say it looking back, because you analyze and say that you were wrong here. In the end nothing happens, it is healthy that a company does not go well and closes. Did we rob someone? No! Did we do something wrong? No! We just made bad decisions that did not go well and it is not a crime. Fortunately, it is nothing that cannot be recovered. It is not health. “

Interestingly, that same year he had, in a period of six months, the experience of selling his first company and closing the second.

“I experienced the best and the worst situation of an entrepreneur: a company was acquired and another had to close, and then in 2014 I founded Ideafoster, which fortunately is growing a lot.”

3. Don’t be afraid to communicate and share it

“In Spain we are educated not to be entrepreneurs but to be workers and civil servants. There is very little entrepreneurial vocation. When I began to speak in favor of people having to start and found companies, there was a part of the people who hated me for that. They don’t like someone young to tell them ‘everyone can be an entrepreneur and it’s good to start companies’ “

However, his taste for communicating, which he brought since he was a child when he wanted to dedicate himself to radio broadcasting, made it easier for him to make the leap to speaker and author, especially in Latin America.

“The attitude in countries like Mexico and Colombia is one of ‘I want to achieve things, I want to earn my living,’ and entrepreneurship there is much to say. Above all, explain from my experiences of success and failure what can be learned from them. “

Pau has published four books: It is all to be done (2008) that he wrote at the age of 20 and was a bestseller, Optimismamente (2011) that spoke of optimism in times of crisis and was not well received, You have an idea (but still you don’t know) (2012) that opened the doors to Mexico and Latin America as an advisor and speaker, and recently You are a great communicator (but you still don’t know it) (2015).

“It was from the idea of mixing what he wanted to do and what he knew how to do.”

4. Capitalize on success

At the time that Pau received the award for “Entrepreneur of the Year” in 2011, they began to call him to talk about innovation, at the age of 23.

“I realized that if I took care of this personal brand, they opened the doors to something that I was passionate about and I started writing a blog but I have always thought that this is temporary. Failure and nobody calls me, triumph and they call me. I have a great time but the day to day is here, in the office. “

In the same way, Ideafoster has allowed him to go back to basics, which he finds fun. From having an already developed company to returning to a small office planning from scratch has allowed him to return to his beginnings as an entrepreneur. They currently have more clients outside of Spain than inside.

“We are dedicated to working with large companies, especially multinationals, to create projects within them. In other words, we help them innovate in technological projects as if they were startups. We have a network of 39 companies with which we collaborate that are specialists in many subjects, to develop these projects. We are between a strategic consultancy and a project accelerator. “

5. That communicating does not prevent you from undertaking

Many entrepreneurs claim that they are too busy to give lectures and write books on their success stories and they are right. That is why Pau has set limits.

“I try to make sure that this part does not occupy more than a third of my time. The problem is that going to Mexico for a conference takes four days, so I do crazy things like a 24-hour lightning flight or keep the Spanish schedule to work. “

However, communicating is not an impediment to entrepreneurship, but the free expression of ideas allows the entrepreneur to find allies and support from people to whom those ideas may be of interest.

“The place where there are more ideas in the world is in the cemetery. People who died with their ideas. Of course there is a possibility that the idea will be stolen but it is a scale. Is it better to tell a thousand people and one wants to steal it or not tell it and no one helps me? If I tell a thousand, maybe there will be 200 who want to help me. If I don’t tell it, nobody helps me. “

6. Don’t trust luck

For Pau, effort is key to the success of a company. Believing in the project and fighting for it to succeed has allowed him to undertake time and time again, but he knows that the approach from the outside is different, like when he sold eyeOS.

“After 10 years of not sleeping and crushing me, they told me ‘you’ve won the lottery, you’ve been lucky’ and I tell them: ‘where have you seen luck?’ to keep the company because I believe in it. But when you fail, everyone tells you: ‘I told you, you should have listened to me.’ It’s his favorite word. “

Therefore, the duty of the entrepreneur to take responsibility for his successes and failures instead of leaving them to chance allows him to take charge of the situation, learn when he has failed and know how to communicate the keys to success.

7. Value family

The trips, conferences and interviews gave Pau an opportunity to take a “time out” and forget about the routine, but with the arrival of fatherhood, his priorities are different.

“Before I gave it a lot of importance. Now my life is my baby. Since I was a father, in the end it is a matter of being happy with what you have and since I am a father I no longer need moments to disconnect, I am half an hour with my son and I am happy. “

His childhood experiences with his parents leaving the architectural firm taught him a lesson about family.

“I have a technology company but if it goes wrong I have a family to support, so I go to work in a cafeteria or I will change things. Sometimes things don’t go our way and we have to adapt. He who adapts survives and he who does not, dies. “



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This story originally appeared on Zacks

Volkswagen AG (VWAGY) closed the most recent trading day at $31.73, moving -0.38% from the previous trading session. This move lagged the S&P 500’s daily gain of 0.75%.

– Zacks

Prior to today’s trading, shares of the company had lost 2.93% over the past month. This has lagged the Auto-Tires-Trucks sector’s gain of 2.38% and the S&P 500’s loss of 0.05% in that time.

Wall Street will be looking for positivity from VWAGY as it approaches its next earnings report date. The company is expected to report EPS of $0.47, down 21.67% from the prior-year quarter.

VWAGY’s full-year Zacks Consensus Estimates are calling for earnings of $3.19 per share and revenue of $292.33 billion. These results would represent year-over-year changes of +61.11% and +15.86%, respectively.

Investors should also note any recent changes to analyst estimates for VWAGY. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 9.11% lower. VWAGY currently has a Zacks Rank of #5 (Strong Sell).

Digging into valuation, VWAGY currently has a Forward P/E ratio of 9.97. This valuation marks a discount compared to its industry’s average Forward P/E of 11.95.

Also, we should mention that VWAGY has a PEG ratio of 0.95. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. The Automotive – Foreign was holding an average PEG ratio of 0.43 at yesterday’s closing price.

The Automotive – Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 163, which puts it in the bottom 36% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Volkswagen AG (VWAGY): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

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The great educational gaps of innovation, skills and digital will star in the 4th edition of enlightED , which returns in hybrid format on October 19, 20 and 21. More than 11,000 people from 20 countries have signed up for the most global edition of the event, with 147 top-notch speakers connecting from 10 countries.

Cortesía de enlightED

Promoted by Fundación Telefónica, IE University and South Summit , since its creation in 2018 it has gathered 470,000 unique viewers from 46 countries and 300 international speakers , consolidating itself as a world benchmark in the field of educational innovation. In its 4th edition, it will include 47 round tables and discussions, as well as 25 participatory workshops, which will You can continue in Spanish, Portuguese and English, with international experts who will participate from Madrid, Buenos Aires, Sao Paulo, London, Montevideo, Mexico City, Quito, Santiago de Chile, Bogotá or San Francisco.

Hybrid program with top-level experts

With an articulated program over three days and interspersing lectures and face-to-face workshops with round tables and virtual conversations, enlightED will bring together 147 top-level world experts, among which the following stand out:

  • Vinton Cerf , considered the father of the internet;
  • Daniel Goleman, psychologist, journalist and author of the best seller Emotional Intelligence ;
  • Howard Gardner, psychologist, researcher and professor at Harvard University, known in the scientific field for his theory of multiple intelligences;
  • Kiran Bir Sethi, Founder of Design for Change and The Riverside School in India and a finalist for the Global Teacher Prize 2019;
  • Michelle Weise, author of Long Life Learning and one of the members of the Thinkers50 list of 2021;
  • the tennis player Rafael Nadal;
  • José María Álvarez – Pallete, president of Telefónica;
  • Hadi Partovi , founder of Code.org;
  • l li-Pekka Heinonen , former Minister of Education of Finland and current Director General of the International Baccalaureate Organization;
  • Wendy Kopp , founder of Tech for All;
  • Linda Liukas , founder of Rails Girls, a worldwide movement of girl programming workshops, among others.

Along with them will be representatives of the main educational institutions in the world such as María Brown , Minister of Education of Ecuador; Milton Ribeiro , Brazil’s Minister of Education; and Pilar Alegría , Minister of Education of Spain; accompanied by the presidents of the promoting organizations; Santiago Iñiguez , president of IE University; and María Benjumea, founder and CEO of South Summit.

Everyone will reflect on three of the great gaps that have accelerated during the COVID-19 pandemic: the challenge of narrowing the innovation gap to transform education systems; the challenge of solving the lack of skills in relation to new social needs; and thirdly, how to address the lack of digital skills to regain connection with young people and promote positive change.

“In the fourth uninterrupted edition of Enlighted, one of the topics of analysis is the skills gap, evidenced by the mismatch between the supply of uncovered employment and the increase in unemployment. Three factors that contribute to this gap are the digitization of the economy, the automation of many tasks and the increase in teleworking and remote activity. Several of the panels during the conference will offer international best practices and creative solutions to overcome this challenge “, commented Santiago Íñiguez de Onzoño, president of IE University.

The enlightED Awards 2021 recognize entrepreneurship and educational innovation

In its 4th edition, the enlightED Awards continue to grow and reinforce its commitment to innovation and educational entrepreneurship, establishing itself as one of the most important educational innovation awards in the world. The awards give their participants the opportunity to share, with the rest of the educational community, the latest digital education and innovation projects in response to the situation caused by COVID-19.

Carmen Morenés, general director of Fundación Telefónica, expressed the importance and urgency of reducing the digital divide through the development of digital skills in all educational stages: “among teachers, to accelerate teaching and learning, among the youngest to improve employability, and above all to make sure that technology becomes a force for positive change that allows us to achieve meaningful social relationships ”.

The finalist projects have already been announced, from among more than 700 applications from more than 15 different countries and as a novelty, in this edition, the categories of best startups in education, innovation and edTech, are added awards for the best practices of educational innovation in corporate training, higher education and primary and secondary education .

The winners, selected by an evaluation committee made up of professionals with experience in the fields and themes of each of the four categories, will be announced on October 21, during the last day of enlightED Hybrid Edition 2021.

“We must together think about how to take advantage of innovation to improve teaching and learning processes. We live in an essential moment to introduce the technology and solutions that startups provide to problems that today demand urgent measures ”, affirmed María Benjumea, founder of South Summit.

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“Medicare for All” has long been a rallying cry for progressive Democrats, hitting a peak during the 2020 presidential campaign, but since taking office President Joe Biden has not thrown his weight behind the proposal, opting instead to call on Congress to expand benefits for current Medicare recipients.

Backers still hold out hope for a broader plan, and a 2021 Medicare for All bill has been proposed in the House of Representatives, but there are no signs yet it will move beyond committee.

Some experts and advocates say that while Biden’s proposed Medicare changes fall short of universal eligibility, they might pave the way for more significant reform in the future.

“Joe Biden did not run on Medicare for All, but in a lot of ways, the question is, ‘What lays the groundwork for the establishment of a national health insurance program?’” says Dr. Abdul El-Sayed, former executive director of the Detroit Health Department and co-author of “Medicare for All: A Citizen’s Guide.”

Biden’s proposed Medicare reforms could be “important steps on the pathway” toward Medicare for All, El-Sayed says. Details are still in flux, but the package could include:

  • Adding dental, hearing and vision coverage.
  • Lowering the Medicare eligibility age from 65 to 60.
  • Enabling the federal government to negotiate for lower prescription drug prices.

In a 2021 NerdWallet survey, respondents favored broadening coverage to include dental, hearing and vision (53%) and negotiating lower drug prices (54%). Support was much lower for various options to lower the eligibility age: Just 23% were in favor of lowering it to 60, for example.

Gerald Friedman, professor of economics at the University of Massachusetts Amherst and author of “The Case for Medicare for All,” also speaks hopefully about incremental changes. “We’ve got to do something different than just going out there saying we want improved Medicare for All now and won’t take anything else,” Friedman says. “I think the incremental approach is the way,” he says. “By building capacity, by demonstrating competence, it’s the way forward.”

The idea of Medicare for All was much discussed during the 2020 campaign, but it isn’t always well understood, and can mean slightly different things under different proposals. If eventually adopted, how different would your health care and your finances look? Here are answers to some common questions about Medicare for All, as defined by the most recent congressional proposal.

Is Medicare for All universal health care?

Yes. “Under Medicare for All, everybody in the country would be in this one program,” Friedman says, adding, “The government would be the payer, and everybody would be enrolled.”

Medicare for All would effectively replace the existing health insurance coverage in the United States today. “The core that defines Medicare for All is a national health insurance program that is comprehensive,” El-Sayed says, “meaning it covers every single American — everybody in, nobody out.”

What services would Medicare for All cover?

Medicare for All “would provide every single person access to the comprehensive set of health care services in this country,” El-Sayed says. That’s actually much more than Medicare covers today.

“The current Medicare system has gaping holes,” Friedman says. He points out that, for example, Medicare does not currently cover most vision, dental or hearing care. “It also does not have an out-of-pocket cap,” he adds, “which every other insurance program does.”

A press release from the office of Rep. Pramila Jayapal, chair of the Congressional Progressive Caucus and author of the Medicare for All Act of 2021, describes how Medicare for All would expand coverage:

“The Medicare for All Act builds upon and expands Medicare to provide comprehensive benefits to every person in the United States. This includes primary care, vision, dental, prescription drugs, mental health, substance abuse, long-term services and supports, reproductive health care and more.”

Could I keep my private insurance or coverage through my employer?

No. El-Sayed says that the federal government would be “buying you out” of your private insurance under Medicare for All. This single-payer model has been championed by Sens. Bernie Sanders and Elizabeth Warren.

Some other health care reform proposals have included a public option, which would allow you to either buy into a government plan or stick with private or employer-provided insurance. The current version of Medicare for All would not offer that option.

After a transition period, private insurers and employers would be prohibited from offering coverage for the same benefits covered by Medicare for All. However, El-Sayed says that there may still be “a few insurance companies that offered a sort of concierge-level service for folks who wanted to pay for that.”

Could I keep my doctor?

Yes. “If Medicare or a national health insurance program is your insurer, and it is the insurer for everyone, then it basically becomes incumbent on every doctor and hospital to accept it,” El-Sayed says. “In fact,” he adds, “your access to whatever doctor you choose to see actually expands.”

The Medicare for All Act of 2021 would require providers, hospitals and clinics to meet certain “national minimum standards” in areas such as quality of facilities, staffing ratios, personnel training and outcomes. Those standards were first established as part of the original Medicare program, so there should be no disruption if your doctor — like most — already accepts Medicare.

What would Medicare for All cost?

There are really several questions here:

What would I pay out of pocket?

Nothing. You would not pay anything directly to a health care provider, clinic, hospital or insurer. Tax dollars would pay for all of the services you would receive under Medicare for All. “By eliminating copays and deductibles, people would have access to health care,” Friedman says. “People don’t go to the doctor because they can’t afford it.”

Providers would also be prohibited from sending bills for any remaining charges above the amount they receive from the government — a practice known as balance billing.

Would taxes go up to pay for Medicare for All?

Yes. “The catch is that you would be paying more in taxes … and we’re talking about a big tax increase,” Friedman says. The specifics of the tax arrangements are not yet settled, but Friedman and El-Sayed named income, payroll and wealth tax increases as potential options.

Would I pay more or less overall?

We can’t know yet. Everyone’s existing health care costs are different, and people in different financial situations would see different effects depending on the tax changes under Medicare for All. Depending on the tax funding model and your tax situation, you could end up paying either more or less overall.

Most studies, including Friedman’s own estimates and analysis by the nonpartisan Congressional Budget Office, suggest that overall health care spending would decline under Medicare for All. On the other hand, some models with different assumptions show spending increases instead. For example, a study by the RAND Corp., a nonprofit public policy research organization, suggests that higher demand for health care might outweigh other cost savings, so the country would spend slightly more overall.

The article What ‘Medicare for All’ Could Mean for Your Health Care originally appeared on NerdWallet.

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This story originally appeared on Zacks

Ulta Beauty (ULTA) closed at $386.92 in the latest trading session, marking a +1.59% move from the prior day. This change outpaced the S&P 500’s 0.24% loss on the day.

– Zacks

Heading into today, shares of the beauty products retailer had gained 2.3% over the past month, outpacing the Retail-Wholesale sector’s loss of 5% and the S&P 500’s loss of 2.12% in that time.

Wall Street will be looking for positivity from ULTA as it approaches its next earnings report date. In that report, analysts expect ULTA to post earnings of $2.40 per share. This would mark year-over-year growth of 46.34%. Meanwhile, our latest consensus estimate is calling for revenue of $1.86 billion, up 19.61% from the prior-year quarter.

ULTA’s full-year Zacks Consensus Estimates are calling for earnings of $15.06 per share and revenue of $8.32 billion. These results would represent year-over-year changes of +223.18% and +35.19%, respectively.

Investors should also note any recent changes to analyst estimates for ULTA. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. ULTA is currently a Zacks Rank #1 (Strong Buy).

Investors should also note ULTA’s current valuation metrics, including its Forward P/E ratio of 25.29. This valuation marks a premium compared to its industry’s average Forward P/E of 12.45.

Meanwhile, ULTA’s PEG ratio is currently 1.95. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. Retail – Miscellaneous stocks are, on average, holding a PEG ratio of 0.97 based on yesterday’s closing prices.

The Retail – Miscellaneous industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 108, which puts it in the top 43% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow ULTA in the coming trading sessions, be sure to utilize Zacks.com.

Time to Invest in Legal Marijuana

If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.

After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.

You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.

Today, Download Marijuana Moneymakers FREE >>

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Altria (MO) closed at $46.71 in the latest trading session, marking a -0.04% move from the prior day. This move was narrower than the S&P 500’s daily loss of 0.69%.

– Zacks

Heading into today, shares of the owner of Philip Morris USA, the nation’s largest cigarette maker had lost 7.65% over the past month, lagging the Consumer Staples sector’s loss of 3.71% and the S&P 500’s loss of 2.58% in that time.

Investors will be hoping for strength from MO as it approaches its next earnings release, which is expected to be October 28, 2021. On that day, MO is projected to report earnings of $1.27 per share, which would represent year-over-year growth of 6.72%. Meanwhile, our latest consensus estimate is calling for revenue of $5.79 billion, up 1.92% from the prior-year quarter.

MO’s full-year Zacks Consensus Estimates are calling for earnings of $4.62 per share and revenue of $21.32 billion. These results would represent year-over-year changes of +5.96% and +2.3%, respectively.

It is also important to note the recent changes to analyst estimates for MO. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. MO is holding a Zacks Rank of #3 (Hold) right now.

Looking at its valuation, MO is holding a Forward P/E ratio of 10.13. Its industry sports an average Forward P/E of 10.13, so we one might conclude that MO is trading at a no noticeable deviation comparatively.

Investors should also note that MO has a PEG ratio of 2.53 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Tobacco was holding an average PEG ratio of 1.93 at yesterday’s closing price.

The Tobacco industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 117, which puts it in the top 47% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow MO in the coming trading sessions, be sure to utilize Zacks.com.

Tech IPOs With Massive Profit Potential

In the past few years, many popular platforms and like Uber and Airbnb finally made their way to the public markets. But the biggest paydays came from lesser-known names.

For example, electric carmaker X Peng shot up +299.4% in just 2 months. Think of it this way…

If you had put $5,000 into XPEV at its IPO in September 2020, you could have cashed out with $19,970 in November.

With record amounts of cash flooding into IPOs and a record-setting stock market, this year’s lineup could be even more lucrative.

See Zacks Hottest Tech IPOs Now >>

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A few weeks ago, I thought I had a panic attack. I was stuck in traffic, which is saying a lot since I live in a town of 20,000 people. Road construction and tourists clogged the roads, and I was annoyed. I was late to pick up my son from golf practice, and I was still reeling from the horrifying images of people hanging on to airplanes in Afghanistan. As the CEO of a fast-growing company, my to-do was weighing on me and pangs of guilt flooded me.

I really should be working instead of fighting traffic, I thought. I was also worried about my employees in Reno who were suffering from smoke inhalation due to catastrophic fires. I got home and told my husband we needed to buy a generator and a food-growing dome in preparation for the end of the world.

He replied, “That’s not a terrible idea, but you need to take some breaths and stop reading the news.”

As I sat at my desk trying to work, I felt disoriented and upset. My eyes and brain wouldn’t focus on the board meeting agenda I was trying to create.

“Okay,” I said to myself. “Enough is enough. I’ve got to get my thoughts and emotions under control. Being constantly agitated isn’t sustainable, nor is it healthy. What can I do right now to help myself?”

When feeling anxious, which is pretty much the norm for most of us, you teach the body that living in constant stress is okay. But we all know that constant stress isn’t okay; it wreaks havoc on our physical and mental health, damages relationships and makes us less effective at our jobs.

So what do you do to relieve anxiety when you are a busy executive or entrepreneur? Here is what I did.

1. Remove at least one controllable source of stress

First, I asked myself, “What’s one stressor I am in control of that I can remove right now?” I deleted all news apps from my phone and committed to quit reading the news for at least a month. I don’t watch TV, so it was all about creating more discipline around my phone-reading habits. Quitting the news has been the biggest game-changer to date. It’s incredible how much better I feel when I am not cramming my brain with doom and gloom over which I have zero control. If you are still reading or watching the news, go cold turkey for a few days and see what happens.

Related: 9 Ways High-Performing Entrepreneurs Handle Stress

2. Move your body, outside

Second, I went for a walk and listened to relaxing, fun music that made me want to sing along. I tried to stay in the present moment, watching the clouds pass by in the sky, observing the birds and insects flittering about, and noticed the sun and breeze on my skin. I took big, deep breaths, exhaling loudly through my mouth, imagining stress escaping with each exhalation. The combination of moving my body, listening to music I love, being present in the fresh air and taking deep breaths calmed me quickly.  

3. Pick two things you want to get done, do them and let the rest go

Third, I picked just two items off my to-do list, committing to get them done and saving the rest for the next day. After my walk, I felt more focused and completed the tasks. Then I smiled. I still accomplished two things while taking the pressure off of completing everything on my list, which was impossible anyway.

Related: Small Actions You Can Take to Decrease Stress at Home and Work

4. Get a good night’s sleep

Fourth, I committed to getting a good night’s sleep. After eating a healthy dinner, I took a bath, drank a mind-relaxing tea with ashwagandha instead of a glass of wine, listened to a guided mediation and turned the lights out by 9 p.m.

The next day, I felt better. I still wanted a growing dome, but I was good with forgoing the generator. I thought about looking at the news, but I realized it was just out of habit — something to do while waiting in line at the grocery store. I felt refreshed after sleeping for seven hours and working out in the morning. I picked up a book on meditation and natural healing, which has inspired me to let go of negative thought and emotion patterns and meditate more.

I still haven’t read the news; it’s going on three weeks, and I feel remarkably better. I meditate every day, read books instead of the news, and feel happier and more positive.

Simple doesn’t mean easy, but if you are successful for one day, you can build upon it and try it again the next day. Practicing is how you create new patterns and habits, and you might be surprised at how much better you start to feel.

Related: 8 Reasons Sleep Is Crucial for Entrepreneurs and Leaders

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These days, anyone can become an entrepreneur thanks to all the digital resources available at your fingertips. However, what many entrepreneurs soon learn after taking the leap into owning their own business is that it takes a special level of passion and drive to ride the roller coaster that is entrepreneurship. In fact, according to the U.S. Bureau of Labor Statistics, nearly 20% of small businesses fail within the first year and 50% fail after 5 years.

So, how do you know that you have what it takes to become an entrepreneur?

1. You’re always striving for more

When I was 11 years old, I took on my first job as a paperboy for a 50-home route. I was thrilled to have my own money and was soon eager to find a way to make more. I thought about other products I could deliver to my customers and began offering cleaning products to my customers when I met with them twice a month. Looking back, I see now that this drive was a clear indication of my entrepreneurial spirit, even as a young boy. A hunger for more is something that I see in nearly every successful entrepreneur.

Related: Is Your Personality Permanent? New Research Says ‘No.’

2. You’re a problem solver

When creating a new business or product, I always recommend starting with a pain point. What’s missing in the industry you’d like to be in? Is there a process that can be simplified or solved with a product or service? After working in the insurance industry in the 90s, I began to consider how the industry could be improved. It’s notoriously slow and generally behind the times, so I knew there was a way to take it to the next level. With the internet and computer access more readily available at this time, I anticipated that there could be a way to merge these technological advancements with the slow-moving processes of the insurance industry. In 1993, I developed a laptop enrollment system to communicate core benefits and voluntary benefits 10 years before the industry considered digital methods. If identifying and creating solutions to pain points comes naturally to you, chances are you’d make a great entrepreneur.

Related: Personality Intelligence: What It Is, Why You Need It and How to Get It

3. You’re a self-starter

When it comes down to running your own business, the only person who can push you is you. Entrepreneurship is hard work and isn’t for the faint of heart. If you don’t have the motivation to lead your company, put in the long nights and make tough decisions, it’s likely your business will never get off the ground. True entrepreneurs know that their fate is in their own hands and use that as motivation to push themselves to be the best they can be for their business.

I’ve started multiple businesses in the last 40 years, and I’ve experienced firsthand how challenging entrepreneurship can be, but I’ve also experienced the rewards. If you’re an entrepreneur at heart, it’s time to harness your drive and creativity. You’ll be amazed at where it can take you.

Related: 10 Personality Traits of Legendary Entrepreneurs

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