Let's Get Rich – Your Weekly Treasure Trove 🤑

Author

S Damien
September 17, 2024

Alright, folks, strap in because we’ve got some gold mines to dig into this week. Forget the fluff—here are your actionable insights, sarcastic quips, and game-changing info to keep you ahead of the curve. Let’s get straight into it. 🏁

🚀 Top 5 Stocks to Watch This Week

  1. Nvidia (NVDA) – It’s like watching a rocket launch...with even more zeros. After the chip giant's success in AI, expect continued growth. AI is the buzzword, and Nvidia is capitalizing hard. If you missed the train, maybe hop on now before it hits orbit.

  2. Amazon (AMZN) – Their expansion into AI and cloud computing just doesn’t quit. With its latest $4 billion investment in Anthropic (an AI start-up), the e-commerce titan is pushing further into AI.

  3. Palantir (PLTR) – With defense contracts rolling in, Palantir continues to solidify its position in both government and commercial sectors. They're creeping into everything—just like you wished your bank account would.

  4. Tesla (TSLA) – While Elon Musk keeps doing Musk things, Tesla remains strong in EV and energy innovation. Recent price cuts are aimed at growing market share globally, so expect more activity here.

  5. Apple (AAPL) – The iPhone 15 just dropped, and as usual, people will be lining up like it's a Black Friday sale at Best Buy. iPhones are timeless—unlike those NFTs you bought in 2021.

💡 Top 5 Startups Worth Your Attention

  1. OpenAI – Not really a startup anymore, but still behaving like one. OpenAI continues to be a leader in the AI revolution. Their API expansions are helping companies automate everything from customer service to research.

  2. Ponto – Ponto is building Web3 financial access to underserved markets. Think global banking solutions for people who can’t just Venmo a friend. Its goal is to become a one-stop financial hub for the world’s emerging markets.

  3. Ava Labs – With a sharp focus on blockchain, Ava Labs is pushing boundaries by making the digital transfer of real-world assets faster and more secure. This is the company behind Avalanche, a high-speed blockchain solution that's attracting tons of attention.

  4. MakerDAO – A leading force in decentralized finance, MakerDAO is revolutionizing stablecoins and building a digital currency ecosystem. If DeFi is your jam, this one is still leading the charge.

  5. Dapper Labs – Blockchain isn’t just for banks anymore. Dapper Labs is bringing it into the gaming world, making NFTs more user-friendly and fun. If you’ve got the appetite for entertainment and crypto, this is the startup to keep on your radar.

💰 Top 5 Cryptocurrencies Making Waves

  1. Bitcoin (BTC) – The king stays the king. With a market cap still dominating over $1 trillion, it’s hard to ignore. Even when people say it’s "too late," Bitcoin finds a way to prove them wrong.

  2. Solana (SOL) – With insane speed and scalability, Solana is becoming the go-to blockchain for decentralized finance (DeFi) apps. Plus, its recent updates have made it even more energy-efficient.

  3. XRP (Ripple) – The legal saga with the SEC might be a soap opera, but XRP’s utility as a cross-border payment solution continues to make it a key player.

  4. Toncoin (TON) – If you’re looking for a newer player, this Layer 2 blockchain has seen growth exceeding 250% in the past year. It’s one to watch as it continues to gain traction in 2024.

  5. Avalanche (AVAX) – With its insane speed and focus on decentralized apps, Avalanche is gaining serious momentum. If you’re a fan of fast, efficient networks, this one's for you.

🏗️ Top 5 Business Ideas of the Week

  1. AI-Driven Health Coaching – With wearable devices flooding the market, there’s an opportunity to create personalized AI health coaching services. Think of it as a health guru in your pocket—without the hefty yoga instructor fees.

  2. Digital Farming Platforms – As food security issues grow, digital platforms that help farmers maximize yields through AI and IoT technology are booming.

  3. Luxury Mobile Pet Grooming – People love their pets more than people. Offer premium grooming services delivered straight to the pet-owner’s driveway. Fancy cuts, organic shampoos—think five-star hotel, but for pets.

  4. AI-Powered Copywriting Services – Everyone needs copy, but not everyone knows how to write. Build an AI-powered copywriting tool that helps businesses churn out blog posts, ads, and website content.

  5. Sustainable Subscription Boxes – Curate monthly boxes of sustainable and eco-friendly products. Sustainability is not just a buzzword; it’s a movement that’s here to stay.

🌍 Top 5 Growing Niches to Make Money

  1. AI Content Creation – Content is king, and with the explosion of AI tools like ChatGPT and MidJourney, AI-driven content creation is becoming a massive niche. There’s still room for growth here—don’t sleep on it.

  2. Vertical Farming – As urbanization increases and space becomes a premium, vertical farming solutions are starting to grow. Literally. This niche is set for huge expansion, especially with the push for sustainable food sources.

  3. Web3 Development – From decentralized apps to crypto wallets, developers in the Web3 space are seeing enormous demand. If you’ve got coding skills or a network of developers, you can monetize this quickly.

  4. Pet Health and Wellness – Health isn’t just for humans anymore. From CBD for pets to organic pet food, there’s a fast-growing market catering to pet wellness.

  5. Sleep Technology – People are finally realizing how important sleep is, and companies are popping up with new tech to optimize your eight hours. Whether it's sleep-tracking gadgets or specialized bedding, there’s serious money in making sure people sleep like babies.

🎤 This Week’s Inspirational Entrepreneur Story

Meet Whitney Wolfe Herd. She founded Bumble because she believed dating apps should be safer and more empowering for women. Today, she’s the youngest female CEO to take a company public in the U.S., and she did it while battling a culture that told her it wasn’t possible. Her key? Putting women in control. That decision to flip the traditional model didn’t just make waves; it changed the whole dating industry. Now valued at over $14 billion, Bumble continues to stand out in the crowded dating app market by focusing on safety, inclusivity, and innovation. Sometimes, changing the game is just about changing the rules.

That’s it for this week, folks. Now get out there, make some smart moves, and let’s get rich—together.

Until next week,
Mat @ Let's Get Rich