Jim’s back! I hope you enjoyed yesterday’s picks from Tarsha of the Plutus Foundation!
Today, we have some gems that jump all over the place. 🙂
First, a little bit of a PSA courtesy of security expert Brian Krebs of Krebs on Security. Apparently, thieves can sign up for a new account at Experian using your personal information even if you already have an account. Check out the details on his post – Experian, You Have Some Explaining to Do. Scary and hopefully they can close this quickly.
Robocalls have been illegal for years, with a few irritating exceptions like political calls, and I’d heard about people making money suing robocalling companies… but I always thought that was a myth.
“I’ve Made $40,000 going after illegal robocallers.” (Side Hustle #84) [Budgets Are Sexy] – “With the settlements I should be receiving in the next couple of weeks, I will have put in my pocket, net of costs, about $40,000 chasing these callers down. I have settled about 15 total cases, only 1 of which I used an attorney which was settled before trial. One other case I filed a lawsuit on my own, which just settled this week before it went to trial. But this is only the tip of the iceberg… I know many people who have made way more money than I have in a much shorter time frame. I only go after a small fraction of what I could, and if I were more organized the net profits in my pocket could easily be well over $100K.” 👀👀👀👀
Why Sri Lanka is having an economic crisis [NOahpinion] – “A weaker currency makes it much more expensive to borrow and swap to get foreign exchange. That leaves only one good way of getting foreign currency: Exports. If a country runs a trade surplus — that is, if it exports more than it imports — it’s probably OK if its currency gets weaker (we’ll talk about this case another day). But if your country runs a trade deficit, you’re in trouble — you don’t export enough to pay for your imports, and borrowing to make up the difference just got a lot harder.” Good explainer on what’s happening in Sri Lanka and, more broadly, how a currency crisis comes about. If you invest the time to read it (probably 20 minutes or so), you’ll come away with some good knowledge about foreign exchange, trade, and the shenanigans around it.
Art Williams – Just Do It (and do it, and do it, and do it)