$200M Scheme, Legal or Not? Millennials Set to Retire Richer that Boomers

Anna's Daybreak News

Good morning news adventurers! Get ready to unravel the latest headlines, explore the untold stories, and embark on a journey through the world of news 📰🌟

Rolex Prices Go Down the Clock as Budget Rivals Catch Up
  • Pre-owned Rolex watches are experiencing a decline in prices on the secondary market as entry-level brands perform better.

  • The Rolex index indicates a 2.2% drop in prices in September, as opposed to a mere 0.8% fall for 100 entry-level watches priced below £7,500 ($9,120).

  • Competitor brands like Cartier and Omega are demonstrating stronger performance relative to Rolex in the same period.

  • This leaves timepiece enthusiasts wondering: Is Rolex's reign as the king of luxury watches ticking towards its end?
  • Source: Read More
Millennials Set to Retire Richer than Boomers – Surprising Insights
  • A recent report by Vanguard reveals a surprising shift in retirement readiness across generations.

  • Millennials, despite common fears of an underfunded retirement, are actually faring better than baby boomers, with older millennials leading the pack.

  • Adjustments in the retirement industry are set to benefit younger workers, promising a more comfortable post-work life.

  • Older millennials show an impressive level of income-to-spending needs preparation in retirement, beating out both Gen X and late baby boomers.

  • In a surprising twist, millennials might just get the thrilling last laugh in the intense generation battle. Turns out, they might trade in those avocado toasts for some fancy cruise vacations in their golden years
  • Source: Read More

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The Psychic Scam Worth $200 Million: Unveiling The Mastermind
  • In the 80s, enchanted by the power of attractive copywriting in advertisements, a 16-year-old Montreal boy named Patrice Runner ventured into an infamous path, leading him to mastermind one of the largest mail-order scams in history.

  • Runner utilized his fascination with the ads and turned it into a multi-million dollar business selling self-help guides, weight-loss schemes, and services of an alleged world-renowned psychic, Maria Duval, primarily through print media and unsolicited mail.

  • Through convincing letters promising life improvements and prosperity, he was able to scam over a million people in Canada and the US, who eagerly sent money in the hope of receiving guidance from the legendary psychic.

  • Runner's scam operated successfully until 2020 when after an extensive law enforcement chase, he was finally arrested in Spain and extradited to the US, facing charges like mail fraud, wire fraud, and conspiracy to commit money laundering.
  • Source: Read More
House Speaker McCarthy's Homemade Downfall
  • Kevin McCarthy (R-Calif.) sets a record as the first Speaker in history to be shown the door by his colleagues after only 269 days in position, underlining the deep divisions within the Republican Party.

  • The House voted 216-210 to remove McCarthy, with 8 Republicans joining all present Democrats, marking the first such event since 1910.

  • McCarthy’s interim replacement, as per House rules, is Rep. Patrick McHenry (R-N.C.)

  • Democrats back McCarthy's ousting, citing "unprecedented dysfunction" and "extremism" under his leadership, whilst Rep. Matt Gaetz (R-Fla.), who filed the motion, sees it as a success.

  • Talk about a family feud
  • Source : Read More

Baked with love,

Anna Eisenberg ❤️

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