How to transform an bad job — and make yourself a better worker

SpaceX looking to raise $250 million: report

Space Exploration Technologies Corp., or SpaceX, aims to raise about $250 million at about $220 a share, according to a CNBC report Friday that cited people familiar with such plans. The new raise would value privately held Space X at about $36 billion, the report said. The round is expected to close around the second week of March, it said. Earlier this week, another report said that the space company, whose chairman is Tesla Inc.’s TSLA, -0.32% Chief Executive Elon Musk, was planning to spin off its internet-via-satellite business Starlink. SpaceX has raised about $3.2 billion in total, including about $1.5 billion last year as it intensified satellite launches and other missions.

Are millennials saving too much for retirement?

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Might millennials be saving too much for retirement?

The question seems ludicrous, given the drumbeat of messages that all of us, but especially millennials, are saving too little for retirement. Yet the suggestion to the contrary appeared this past Sunday in no less distinguished a publication as the New York Times, in an article entitled “How Millennials Could Make The Fed’s Job Harder.” It asserted that the millennials’ “retire early” movement is “the Federal Reserve’s nightmare,” since it could lead to such a burst in savings that interest rates would fall lower and the economy become weaker than the Fed is hoping.

And then, a few days later, Nationwide Advisory Solutions released its fifth annual Advisor Authority study under the headline “Are Millennials better prepared for retirement than Gen Xers?”

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Saving for retirement is hard. Spending it can be even harder

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If you thought it was hard to save enough for retirement (and it was) wait until you see how daunting a task it is to parse out retirement assets to create retirement income.

After all, accumulation planning boils down to saving early; saving as much as you can; investing wisely; using a planner, software, or if need be, a rule of thumb to see if you hit your target; and staying on the job (if possible) if you haven’t acquired the requisite amount of assets.

That certainly doesn’t sound easy, but on the other hand “decumulation planning” (creating a stream of income from a pool of assets) requires identifying a viable drawdown strategy, investing wisely, and coping with a variety of uncontrollable issues including:

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Tesla's Cybertruck made into Hot Wheels RC cars

Tesla Cybertruck will account for 5% of sales: Investor

Loup Ventures managing partner Gene Munster discusses his outlook for Apple shares, reservations being made by for Tesla’s new Cybertruck, and why Lyft is a better investment than Uber.

Tesla fans eagerly waiting for their new Cybertrucks could soon get a small reprieve.

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Hot Wheels announced on Friday that it will release miniature remote-control Cybertrucks.

TESLA CYBERTRUCK PRE-ORDERS TOP 535K, UNOFFICIAL TALLY SAYS

The RC trucks will come in two different scales: 1:64, which is the size of a normal Hot Wheels car, and a larger 1:10, which is typical for RC cars.

The Hot Wheels toys feature rechargeable batteries. The larger model includes all-wheel drive, a full detailed interior plus an opening tailgate and a telescoping loading ramp.

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CYBERTRUCK WINDOWS SHATTERED IN DEBUT

The miniature Cybertrucks are due to ship in December 2020, according to Hot Wheels. The smaller version is priced at $20, while the larger one costs $400.

Meanwhile, Tesla’s Cybertrucks start at just under $40,000 and aren’t due to go into production until 2021. CEO Elon Musk said in November that more than 250,000 Cybertrucks had been preordered, and an unofficial tally puts the number at more than 535,000 as of this week.

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How to transform an bad job — and make yourself a better worker

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People who love their job check three boxes: They derive meaning from what they do, they fit well into their organizational culture and they respect their boss and top leaders.

If you only check two of three, you’ll probably stay put amid mild discontent. But if you only have one of those in your work situation, you’re probably pretty miserable. And if you’re 0-for-3, then you’re surely seething in place.

If you can’t check all three boxes, to what extent can you single-handedly uproot the status quo in your favor? Can you will your way to extract more meaning from what you do, finagle a better cultural fit or flip your negative impressions of higher-ups?

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