Author: openjargon

  • I skipped grad school and became a mechanic instead. I ended up getting a dream job at Tesla.

    Diana Welsch working on a Tesla car
    Diana Welsch worked as a mobile technician for Tesla in Los Angeles, which she called a 'dream job.'

    • Diana Welsch went to art school before deciding to train as a car mechanic at 25.
    • When she landed a job as a trainee at Tesla, she moved from Arizona to Los Angeles.
    • She said it was the best job she ever had, but she left in 2023 because of the pressure at work.

    This as-told-to essay is based on a transcribed conversation with Diana Welsch about training to be a car mechanic instead of going to grad school. Business Insider has verified her income and employment. The following has been edited for length and clarity.

    I've always admired people who can fix things. I was brought up in an upper-middle-class area in Arizona, where going into a trade was generally not seen as a viable option. Blue-collar work was looked down on.

    From the age of 17, I worked part-time in a library in Phoenix. After graduating from high school in 2003, I went to college and studied art. I kept up my library job on the side.

    I needed a proper job after college. You had to go to grad school to become a librarian, and I didn't want to do that.

    My car kept breaking down, and my friend would help me fix it. I loved working under the hood of a car and realized I wanted to be a mechanic.

    I went to trade school instead of grad school

    I decided to go to trade school in 2014. My mom, who had left blue-collar work for a white-collar job, didn't understand my decision. I took out a student loan and enrolled at Universal Technical Institute in Arizona.

    After the one-year program, I started working in garages. At various points, I worked at Chevy, Meineke, and Sun Devil Auto.

    Along the way, I encountered various obstacles. For one, I felt like I wasn't being taken seriously, and it seemed like it was because I was a woman.

    I got a dream job at Tesla

    At my trade school fair, I saw that Tesla was hiring trainees.

    I applied and got the Tesla traineeship in 2017, which was based in Los Angeles. It was a dream job.

    Tesla was different from my other jobs. From day one, they took me seriously and gave me real work. They paired me with an experienced technician. After a few months, I could do repairs at the level my mentor had been working at.

    After two years, I was transferred to their mobile service department. My job was to drive to people's houses and workplaces in my Tesla Model S to repair their cars.

    I'd do basic repairs, such as replacing windscreen wipers, batteries, or air filters or fixing their window or door if it stopped opening. I'd also help with customer education — when people need help figuring out how to use a feature.

    Many of Tesla's clientele were older and affluent. Sometimes, clients needed help figuring out how to use the screen to connect their phone to the car's Bluetooth. I'd walk them through it and get them to do it for me to show they could. It came in handy that I'd worked in the library, where I'd have to help people figure out the computers.

    I learned how to diagnose a vehicle, verify a customer's concern, diagnose a concern, fix it, and then verify that it's fixed. I was called out to help a few celebrity clients, and a few times, I did repairs on cars parked in movie studios.

    I bragged to my family that I was the most glamorous mechanic in the world. I could've been fixing bulldozers on a fracking site in North Dakota, but instead, I was driving around LA in a fancy race car and changing celebrities' wiper blades.

    People were scared of Elon Musk

    I never met Elon Musk, or "Uncle Elon," as the staff called him. Once, in 2019, I was filling out repair forms in the office instead of working in the garage because I had a vision issue and was wearing an eye patch.

    One of the technicians ran into the room and said: "Uncle Elon is here. This is not a drill. Clean off your desk, tuck in your shirt, whatever you got to do."

    I was worried. I'd heard Elon could fire people on the spot. Thankfully, he stayed in the garage and didn't come into the office.

    Over time, I became disillusioned with the workplace.

    It went from being an incredible place to work to being a terrible environment because of changes to management.

    I went on vacation in January 2023. When I came back, they'd changed my manager to someone I'd never met.

    Management changed their expectations for mobile technicians. They wanted us to do 10 appointments a day. Factoring in the time it takes to travel between appointments and chat with the customer, this wasn't doable.

    It was exhausting. Every day, I came home from work exhausted and fell asleep on my couch.

    While doing more appointments, my paycheck stayed the same. And the cost of living was going up.

    When I started in 2017, I earned $21 an hour, a great wage. In Arizona, I had been earning $10 an hour. But the cost of living went up. By 2023, I was earning $29 an hour and struggling to pay my bills. I was working hard and struggling to rent a one-bedroom apartment.

    I left Tesla later that year

    I'd wanted to stay at Tesla my whole life — it was the most fun job ever. But I couldn't stay.

    I left in September 2023 to work as a plumbing apprentice for a plumbing union. But I was only there for a month, until one of my old managers, who had left Tesla, contacted me with a new opportunity at a company he works for that replaces diesel generators with battery packs.

    Working with generators was an easy transition from cars.

    It's a startup and I love working there. It feels like Tesla did at the start. I wish I had gone to trade school after high school instead of college. Fixing things makes me happy.

    Editor's note: Tesla did not respond to requests for comment for this story. Elon Musk has previously denied widespread reports that he abruptly fires people, saying in 2021 that he gives "clear and frank" feedback.

    Read the original article on Business Insider
  • I was rejected from Google 7 times. Here’s what I changed to finally land my dream job.

    Annie Wang smiles while wearing a Google hat and holding up a Google notebook
    Annie Wang applied to Google 7 times before landing a software engineering role at her dream company.

    • Qingyue(Annie) Wang is a software engineer at Google.
    • Prior to landing her job, she was rejected by Google seven times.
    • Persistence and adapting her approach were key to finally achieving her dream job.

    My journey to finally landing a job at Google was an emotional roller coaster. I went through seven rounds of rejections before finally achieving my goal.

    But I'm glad I didn't give up.

    I was sad to be rejected but understood why

    In college, I double majored in computer science and math. I first became interested in applying to Google because I was intrigued by the cool products and good culture. I'd heard great things about the company and really wanted to experience it for myself.

    In 2018, I applied to be a Google intern but was rejected twice. The first time, I failed the online assessment. Then, a recruiter reached out to me to give me a second chance. Unfortunately, I didn't pass on this attempt either.

    I was sad but felt the rejections were reasonable; I lacked prior experience, had only solved a few technical problems before, and hadn't thoroughly prepared for the assessment. I regretted not properly preparing and wanted to be better equipped when the next opportunity came.

    Preparation was lonely

    The summer before my final year of college, I managed to land an internship at another company. When I returned from the summer break, I vowed to study harder for my post-graduation job search. Every day, after finishing my coursework and classes, I'd work on interview preparation.

    It was a lonely journey. Most days, after my evening studies, I'd take the last bus home and walk through the long, dark neighborhood streets. Looking up at the stars on my walk home, I'd remember why I was working for my goal, grit my teeth, and do one more round of practice.

    That fall, I applied to three different full-time roles at Google. Unfortunately, my résumé didn't make it past the initial screening process.

    The experience made me understand rejection more deeply, but I never considered giving up. I knew my abilities could be improved over time.

    The role I applied for was canceled

    As I was about to graduate in early 2020, I finally secured an interview for a new grad position at Google. This role specifically required C++ knowledge. As part of my interview preparation, I studied a C++ book and worked on several projects to improve my C++ skills.

    After the interview, I kept analyzing how everything had gone. The interviewer seemed pleased with my answers and gave me some positive feedback, which gave me some hope that I might've passed, but I wasn't completely sure.

    I awaited the results with bated breath.

    When I received an email from the recruiter to schedule a phone call, I was very nervous. I tried to guess from his tone in the email whether he was going to share good news or bad news. I felt vaguely uneasy, but I held onto hope as I answered his call.

    "I received positive feedback from every round," he began. Hearing this, I was filled with joy. But when I heard him say "but…" my heart sank.

    He delivered the news: the role had been canceled due to the COVID-19 pandemic.

    I felt like collapsing and tears flowed down my face. I don't remember what the recruiter said to me after that; I only remember trying my best to stay professional and make my voice sound calm.

    Once I hung up, I couldn't hold it in anymore and started to cry out loud.

    My rejection was not a reflection of my ability

    Eventually, I calmed down. I remembered an ancient Chinese saying, "The times create heroes," which speaks to the profound impact current events have on individuals. I realized the fate of an individual, like myself at that moment, is inevitably influenced by the larger environment — in this case, a pandemic.

    Not receiving an offer didn't reflect my abilities, bravery, hard work, or willingness to learn.

    Despite my positive mindset, things didn't seem to improve. Later in 2020, I got another chance to interview for a Google role, but I didn't manage to pass the phone interview round because I failed to provide the optimal solution to a question they'd asked me.

    Disappointed, I accepted this reality check; my understanding of basic algorithms needed improvement. I decided to focus on strengthening this area and prepare thoroughly for the next opportunity.

    I intentionally practiced and addressed my weaknesses in algorithms, which helped me secure a job at Amazon.

    My final attempt

    While I valued my experience at Amazon, Google still felt like an elusive dream to me.

    In 2022, a Google recruiter reached out again, reigniting the curiosity that had been suppressed in my heart for so long.

    I decided to try again.

    I realized that I had been too passive with job opportunities. I'd been using the same résumé and preparation for different types of interviews, without customizing my approach for each company. I felt like I was putting in a lot of effort to prepare, but I wasn't spending enough time reflecting and adjusting to fit the specific company.

    This time, I learned my lesson and did things differently.

    I set up a meticulous study plan, outlining daily tasks and review points. I repeatedly addressed complex problems and used any spare time to mentally revisit the problem-solving process. This helped me to quickly identify unfamiliar points and practice them deliberately. During technical question practice, I prioritized depth of understanding over quantity.

    Of course, I still occasionally had doubts and thought, Is it worth spending so much time? How will I face myself if I don't pass this interview? But I knew that if I didn't try my best, I'd regret even more that I gave up.

    During this period, I also landed an interview for a role at Apple, which would've required a completely different assessment to prepare for. Since I was working full-time at Amazon, my time was limited, so I decided to forgo the Apple interview — even if that meant burning that bridge — and fully devote myself to my Google prep.

    I finally landed the job

    I still remember the day I received the phone call. "Congratulations!" the recruiter said this time.

    I immediately told my friends the news. Surprisingly, I was calmer than they were. My mind was completely blank because I couldn't believe it, but my friends were so emotional, even crying.

    One of my longtime friends recalled how I'd struggled to finish my homework in college, how hard I worked to get my first internship, and how my family didn't support my job search after graduation.

    While awaiting the official letter from Google, I received a gift: a white hat with the Google logo. It came with a congratulatory note. Holding the paper, I felt a wave of emotion and a strong sense of the power of persistence.

    A photo of a congratulatory card from Google held up to the camera, with a white dog in the background
    The congratulations card from Google.

    I have the job of my dreams

    It's been two years since I got the news that I'd finally landed a job at my dream company. I'm grateful to have had the opportunity to finally experience Google's culture and even become an internal career coach to support other Googlers in their career growth.

    Although my career journey didn't unfold as I had expected, I'm glad I had the chance to experience different company cultures, learn a variety of technologies, and engage with many cool projects.

    I've come to view everything as a journey; the journey itself is what's important. Whether the outcome is good or bad, it's fleeting and will pass; the process is long-lasting.

    Looking back, I am deeply grateful for not giving up. When I feel confused, I can remember those times when I showed strength and persistence.

    Despite moving apartments three times in the past two years, I still keep the welcome letter from Google on my shelf and look at it every day. It reminds me of my tenacity and inspires me to keep pursuing my goals.

    Qingyue(Annie) Wang is a software engineer and internal career coach at Google who is passionate about helping people achieve their career goals.

    Read the original article on Business Insider
  • A world-record athlete said a vegan diet helped her reduce IBS symptoms

    An athlete lifts a heavy kettlebell at a sporting competition.
    Elite kettlebell sport athlete Jennifer Hintenberger has been vegan for more than a decade. She said a plant-based diet helped her manage severe chronic health issues and fuel her world-record athletic performance.

    • An elite athlete said following a vegan diet helped her reduce symptoms of chronic illnesses. 
    • She said worrying less about protein allowed her to find foods that worked best for her body. 
    • Her typical diet includes lots of fruit, which she said has boosted her energy and recovery.

    As a personal trainer in her early 20s, Jennifer Hintenberger seemed healthy on the surface.

    But internally, she was suffering. Her symptoms — including hair loss, severe acid reflux, kidney problems, and difficulty breathing — made her feel decades older.

    "The doctor said, 'It looks like I should be talking to a 60-year-old man,'" she told Business Insider.

    Now 43, Hintenberger said that transitioning to a vegan diet more than a decade ago helped her manage chronic illnesses like irritable bowel syndrome (IBS) and polycystic ovary syndrome (PCOS).

    The Canadian athlete has since won gold medals and set multiple world records in kettlebell sport and will compete at upcoming events with the Vegan Strong PlantBuilt roster.

    Hintenberger said habits like eating lots of fruit for energy, worrying less about protein, and avoiding digestive irritants like gluten help her feel and perform her best.

    Cutting out dairy and meat helped her reduce bloating and digestive issues

    Hintenberger never expected she'd go vegan, but severe health issues made her desperate for a change.

    "I started this journey because I was sick of being sick," she said. "I had symptoms that lasted weeks that turned into months that turned into years."

    Her symptoms included bloating, constipation, acne and itchiness, light-headedness, lethargy, and sleep paralysis, along with other digestive issues.

    At one point, she was traveling with a client and was in so much pain she was unable to eat normal meals and resorted to boiling prunes to try to get some nutrients and calories.

    "I just wanted to rip my skin off. I hated being in my own body," she said.

    A doctor said her issues were related to stress but also poor digestion and recommended an elimination diet.

    Hintenberger gradually cut out potential trigger foods, realizing that dairy, meat, and gluten had been worsening her symptoms.

    At first, she was concerned about getting enough protein, but Hintenberger found that she didn't need as much as she thought to thrive.

    "Plants have all the protein you need to be strong, to be healthy, to be competitive," she said.

    She stopped tracking nutrients and focused on eating what seemed to work best for her body, prompting a big improvement in her kidney issues, which can be exacerbated by eating too much protein.

    Quitting fad diets helped her lose weight and boost her performance

    Earlier in her life, Hintenberger struggled with food addiction and binge eating. But following a strict high-protein, low-carb diet along with an intense exercise schedule didn't seem to help.

    "No matter how much I trained or how healthy I ate, I was always gaining weight," she said.

    It was only by letting go of her weight loss efforts that Hintenberg saw the changes she was looking for.

    Focusing on meeting her nutritional needs and switching to a plant-based diet eventually helped her lose more than 70 pounds.

    A composite image showing two pictures of a woman before and after losing weight.
    Jennifer Hintenberger said that as soon as she stopped trying to lose weight and focused on a plant-based diet, she felt healthier and eventually dropped 70 pounds.

    "The most powerful thing was changing the way I ate. When I finally stopped eating to lose weight, I lost weight," Hintenberger said. "Now I don't care about my size, I care if I have energy."

    She eats lots of fruit for better energy and performance

    When she was on fad diets, Hintenberger used to avoid fruit, fearing the sugar and carbs would cause health issues and weight gain.

    "I was afraid of fruit, told to eat high-protein and low-carb, that fruit is the devil," she said.

    As a world champion in kettlebell sport, she now eats as many as 20 servings of fruit a day.

    Her typical day of eating includes a green smoothie, bananas, mangos, cherries, and often lots of watermelon as a snack. She rounds out her nutritional needs with her staple energy balls made from almond butter and vegan chocolate chips. Later in the day, she has hearty vegan dinners like curry, tacos, or Thai food.

    Hintenberger said eating a plant-based diet has helped her recover more quickly from exercise, and continue gaining strength so she can stay at the top of her sport.

    "I'm never one to push veganism, but I genuinely want to be an example of health as we age," she said.

    Read the original article on Business Insider
  • The lack of EV charging infrastructure is so bad it’s driving owners back to gas-powered cars

    An electric vehicle charges in California
    A Volkswagen ID.4 electric vehicle (EV) charges via a CCS DC fast charger from Electrify America at a shopping mall parking lot in Torrance, California, on February 23, 2024.

    • EV charging is so bad it's driving people back to fossil fuels.
    • Lack of charging infrastructure is already a barrier for many would-be EV buyers.
    • The last thing the auto industry needs is people ditching their EVs.

    Issues with charging have nearly half of electric vehicle owners in the US considering going back to fossil fuels – the latest bad sign for the EV transition.

    A recent consumer study conducted by McKinsey & Co. found that 46% of US EV owners surveyed are likely to switch back to a gas-powered vehicle, compared to a global average of 29% of EV owners who reported they will likely switch back to an internal-combustion engine.

    The top reason respondents listed for ditching their EV was a lack of charging infrastructure. Other charging issues high on the list included a lack of charging at home and the impact of long-distance driving.

    Range anxiety and access to charging infrastructure have long been considered one of the top barriers to electric vehicle adoption, but the revelation that these same issues may drive current battery-powered car owners back into gas-powered cars is a new blow for the already rocky EV transition.

    While there are plenty of shoppers interested in an electric vehicle, the options on sale today are often too big, too expensive, or not practical enough to replace a gas-powered car.

    Car companies are already scrambling to adjust to a sudden change in the electric vehicle market in order to draw more new customers. The slowdown in electric vehicle sales growth has rocked everyone from Ford to Tesla, denting sales and forcing executives to rethink their long-term plans for electric vehicles.

    While the industry has made great strides in electric vehicle range and battery charging times, huge holes in the infrastructure make certain areas nearly impossible to navigate without a gas-powered engine.

    McKinsey's study found this issue to be particularly acute in the US, which had the second-highest rate of respondents say they're considering ditching their EV. (In first place was Australia, with 49% of respondents saying they are likely to switch back.)

    America's high placement shouldn't come as too much of a surprise. Charging infrastructure here has long been a hot-potato issue, which has held back efforts to build more chargers.

    While a push from the automotive industry to fund charging infrastructure has led to a boom in public charging stations in the last two years, these have largely been money-losing ventures.

    On the government side, the Biden Administration has set aside $7.5 billion for charging infrastructure with a vow to add 500,000 EV charging stations by 2030. But that effort in reality has played out slowly so far, with only a handful of stations going live since the funding was approved two years ago.

    Addressing charging infrastructure is already high on the industry's list of priorities when it comes to removing barriers to adoption, but the fact that it might also drive existing EV owners away only amplifies the issue.

    Read the original article on Business Insider
  • Here are the top 10 ASX 200 shares today

    Ten smiling business people wave to the camera after receiving some winning company news.

    It was a decent end to what was a tough trading week for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Friday.

    After suffering a few drops this week, investors turned this around today, with the ASX 200 recording a 0.1% rise up to 7,767.5 points.

    This encouraging end to the trading week follows a positive night over on Wall Street last night (our time).

    The Dow Jones Industrial Average Index (DJX: .DJI) managed to pull off a win, rising 0.093%.

    It was even better for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which added 0.3% to its value.

    But let’s return to ASX shares now, and check out how the different ASX sectors handled today’s good mood on the markets.

    Winners and losers

    Despite the market’s rise, we still had quite a few sectors that took a backward step this Friday.

    First among those was the mining sector. The S&P/ASX 200 Materials Index (ASX: XMJ) had a pretty awful time of it this session, tanking 0.98%.

    Consumer staples stocks were also left out, as you can see from the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)’s 0.48% loss.

    Utilities shares fared a little better, but the S&P/ASX 200 Utilities Index (ASX: XUJ) still slid down 0.03%.

    Consumer discretionary shares were our final losers for the day. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) slipped 0.01%.

    But that’s it for the red sectors. Turning to the green corners of the market, it was ASX gold stocks that led today’s market recovery. The All Ordinaries Gold Index (ASX: XGD) was on fire, surging by a happy 1.23%.

    Tech shares were also high in demand, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) enjoying a 0.9% bump.

    Financial stocks had a great day as well. The S&P/ASX 200 Financials Index (ASX: XFJ) soared 0.75% higher.

    Healthcare shares lived up to their name too, as evidenced by the S&P/ASX 200 Healthcare Index (ASX: XHJ)’s rise of 0.46%.

    Communications stocks were on point as well. The S&P/ASX 200 Communication Services Index (ASX: XTJ) got a 0.17% boost from investors today.

    Real estate investment trusts (REITs) saw their value rise this Friday. The S&P/ASX 200 A-REIT Index (ASX: XPJ) lifted 0.12% by the closing bell.

    Industrial shares were another sector in demand. The S&P/ASX 200 Industrials Index (ASX: XNJ) managed to pull off a 0.1% gain.

    Our final winners were energy stocks. But barely, as the S&P/ASX 200 Energy Index (ASX: XEJ) ended the day essentially flat.

    Top 10 ASX 200 shares countdown

    Once again, it was energy stock Strike Energy Ltd (ASX: STX) that took out today’s index crown. Strike shares spiked by a whopping 12% up to 28 cents each today.

    It seems investors are still working themselves up over the Walyering flow test update the company released yesterday.

    Here’s how the rest of today’s leading shares landed the plane:

    ASX-listed company Share price Price change
    Strike Energy Ltd (ASX: STX) $0.28 12.00%
    Insurance Australia Group Ltd (ASX: IAG) $7.14 7.21%
    De Grey Mining Ltd (ASX: DEG) $1.14 4.59%
    Suncorp Group Ltd (ASX: SUN) $17.41 3.63%
    Emerald Resources N.L. (ASX: EMR) $3.53 3.52%
    Mirvac Group (ASX: MGR) $1.87 3.31%
    Neuren Pharmaceuticals Ltd (ASX: NEU) $21.27 3.15%
    Karoon Energy Ltd (ASX: KAR) $1.83 2.81%
    Boss Energy Ltd (ASX: BOE) $4.13 2.74%
    Pro Medicus Limited (ASX: PME) $143.26 2.47%

    Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

    The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Boss Resources Limited right now?

    Before you buy Boss Resources Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Boss Resources Limited wasn’t one of them.

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    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 24 June 2024

    More reading

    Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pro Medicus. The Motley Fool Australia has recommended Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Putin says Russia plans to ‘comprehensively upgrade’ its navy

    Russian leader Vladimir Putin.
    Russian leader Vladimir Putin said on Thursday that the naval upgrades would "drastically improve its combat potential."

    • Russia's navy is set to receive more than 40 vessels this year, Vladimir Putin said on Thursday.
    • Putin says Russia's naval upgrades will "drastically improve its combat potential."
    • Russia's war against Ukraine has seen its navy weather significant losses.

    Russia has been working hard to bolster its naval capabilities, the country's leader Vladimir Putin said on Thursday.

    "A lot has been done in this area, as our navy is getting new ships," Putin said during a meeting on shipbuilding issues, according to Russian state media outlet TASS.

    Russia's navy is set to receive more than 40 ships and boats this year, said Putin. This exceeds the 33 and 24 vessels it received in 2023 and 2022, respectively.

    The boost in naval capacity, Putin said, is part of Russia's wider plans to "comprehensively upgrade the navy, including its ship, aircraft, and coastal components, as well as the infrastructure of bases."

    He added that the upgrades to Russia's navy will "strengthen its positions in the strategically crucial areas of the world ocean" and "drastically improve its combat potential."

    The move would certainly provide a boost to Russia's navy, which has weathered significant losses ever since the country invaded Ukraine in 2022.

    In February, the head of the UK's armed forces, Adm. Sir Tony Radakin, said that 25% of Russia's vessels in the Black Sea had been "sunk or damaged" by Ukraine.

    "Putin's continued illegal occupation of Ukraine is exacting a massive cost on Russia's Black Sea Fleet, which is now functionally inactive," UK defense secretary Grant Shapps said a month later.

    Russia's defense ministry did not immediately respond to a request for comment from BI sent outside regular business hours.

    Read the original article on Business Insider
  • Want the latest Vanguard Australian Shares Index ETF dividend? Here’s what to do

    A businesswoman on the phone is shocked as she looks at her watch, she's running out of time.

    The final distribution (or dividend) amount that investors in the Vanguard Australian Shares Index ETF (ASX: VAS) will receive was revealed to the market today.

    The VAS exchange-traded fund (ETF) will pay investors 67.2112 US cents per ETF unit held on 16 July.

    Based on today’s exchange rate, that equates to about 101.49 cents per share.

    If you want to receive the distribution, you have to buy the ASX VAS ETF before its ex-dividend date.

    And that’s Monday, by the way.

    Want the next ASX VAS dividend?

    To receive the next dividend, investors must snap up some shares in the Vanguard Australian Shares Index ETF before the closing bell at 4pm EST today.

    If you’re already an ASX VAS holder and want to reinvest your dividend automatically, you need to register for the dividend reinvestment plan (DRP) by 5pm EST on the record date, which is next Tuesday, 2 July.

    What about other Vanguard ASX ETF dividends?

    Vanguard has announced final distribution amounts for a variety of other ETFs besides the ASX VAS.

    They include the Vanguard Msci Index International Shares ETF (ASX: VGS), which will pay 218.8902 US cents per unit. In Australian currency, this equates to 330.51 AU cents per share.

    Vanguard Australian Shares High Yield ETF (ASX: VHY) will pay 77.94 US cents per share. This equates to 117.69 AU cents per share.

    Vanguard Diversified High Growth Index ETF (ASX: VDHG) will pay 105.658 US cents per share. This equates to 159.51 AU cents per share.

    Vanguard Ethically Conscious International Shares Index ETF (VESG) will pay 55.7949 US cents per share. This equates to 84.23 AU cents per share.

    Vanguard Australian Government Bond Index ETF (ASX: VGB) will pay 44.2469 US cents per share. This equates to 66.8 AU cents per share.

    All of these ETFs have the same ex-dividend date, record date, payment date and DRP deadline as the ASX VAS.

    What is the ASX VAS?

    The ASX VAS gives Australian investors exposure to the S&P/ASX 300 Index (ASX: VAS).

    This provides access to heavyweight stocks such as Commonwealth Bank of Australia (ASX: CBA), BHP Group Ltd (ASX: BHP), CSL Ltd (ASX: CSL), Wesfarmers Ltd (ASX: WES) and Goodman Group (ASX: GMG), along with some smaller companies ranked 201 to 300.

    These include Nanosonics Ltd (ASX: NAN), Aussie Broadband Ltd (ASX: ABB), Credit Corp Group Limited (ASX: CCP) Temple & Webster Group Ltd (ASX: TPW) and PWR Holdings Ltd (ASX: PWH).

    Almost 8% growth over FY24

    The ASX VAS is up 7.75% since 30 June 2023.

    The post Want the latest Vanguard Australian Shares Index ETF dividend? Here’s what to do appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Commonwealth Bank Of Australia right now?

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    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Commonwealth Bank Of Australia wasn’t one of them.

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  • There is one European country where Taylor Swift didn’t change the economy so far

    Taylor Swift in crystal-embellished orange and purple boots
    Taylor Swift played sold-out shows in Paris.

    • Taylor Swift's Eras Tour boosted hotel prices in Portugal, Spain, and Sweden but not France.
    • France's larger population and hotel capacity diluted the economic impact of Swift's concerts, analysts said.
    • Upcoming shows in smaller European countries may see higher accommodation prices and inflation.

    Taylor Swift's Eras Tour has made it to five European countries so far. The sold-out shows have boosted accommodation prices everywhere except one country: France.

    Among the four countries Swift toured in May, three saw an increase in month-on-month hotel prices this year compared to the last three years, according to a Monday report from BMI, an analytics subsidiary of Fitch Solutions.

    Portugal, Spain, and Sweden's hotel prices in May increased several times' their 2021-2023 average. But France saw a drop in accommodation inflation. The researchers did not analyze this month's shows in the UK.

    Researchers at BMI attributed the difference to France's larger population and greater hotel capacity compared with the other tour stops, which may dilute the impact of the American pop star's concerts.

    The 290,000 people who attended the six shows split between Paris and Lyon only make up 0.43% of the French population.

    "France regularly hosts large events and has a very well-developed tourism industry and airports, suggesting strong capacity to host large numbers of domestic and international arrivals," the researchers wrote in the note. The country is weeks away from the summer Olympics kickoff.

    But upcoming Swift shows in the Netherlands, Ireland, Austria, and Switzerland all have the potential to boost prices, given that those countries' populations are all under 20 million, the report noted. Swift's current tour takes her to 51 shows across 18 European cities.

    The Eras tour has had a massive economic impact on other countries. The concerts rally tens of thousands of fans who spend big on restaurants, lodging, and visiting local attractions. Some Swifties will travel hours — and across countries — to attend a concert.

    In the US, where the singer performed 53 shows, about 600 concertgoers surveyed by QuestionPro said they spent $1,300, on average. Swift has been mentioned on companies' earnings calls to explain demand upticks and by the Philadelphia Federal Reserve, which highlighted post-pandemic record hotel demand from her stop.

    MBI analysts looking at US data found that concertgoers can spend four times the gross costs of tickets, affecting inflation in local economies. In Chicago, Eras tour dates led to 96.8% hotel room occupancy, an all-time high for the city, per the BMI report.

    The fanfare is alive across the world. Swift doesn't perform in Italy until mid-July, but hotels in Milan are already booked and busy.

    "Our analysis and data shows that hotel prices in Milan are on average 45% higher for the nights of Taylor Swift's shows in the city in July 2024, compared to the weeks before and after the show," Ben Julius, the founder of a tourism company called Tourist Italy, told Business Insider.

    Earlier this year, Singapore's government incentives of nearly $3 million per show to get Swift to perform in the city-state sparked controversy and led to inter-regional political debate.

    Read the original article on Business Insider
  • US astronauts had to take shelter after a Russian satellite broke into over 100 pieces near the ISS

    The ISS' exterior, taken in June 2023, shows the SpaceX Dragon crew and cargo vehicles docked.
    This photo of the ISS' exterior was taken in June 2023.

    • US astronauts took shelter on the ISS after a Russian satellite broke up nearby, NASA said.
    • The satellite, RESURS-P1, was decommissioned in 2021 and recently created over 100 pieces of debris.
    • Space agencies have been trying to reduce space junk like this from decommissioned assets.

    US astronauts on the International Space Station were told to take shelter for about an hour after a Russian satellite broke up nearby, according to authorities.

    The National Aeronautics and Space Administration said on Thursday evening that American crews took cover in their spacecraft at about 9 p.m. Eastern Time due to the satellite break-up.

    That's about 1 a.m. for the astronauts, who follow UTC time on the ISS.

    NASA said its instructions were a "precautionary measure" and that crews were told an hour later they could resume their normal activities.

    Meanwhile, US Space Command said the destroyed satellite was the Russian-owned RESURS-P1 decommissioned in 2021.

    The satellite's collapse on Wednesday at about 4 p.m. UTC created "over 100 pieces of trackable debris," Space Command added.

    "USSPACECOM has observed no immediate threats and is continuing to conduct routine conjunction assessments to support the safety and sustainability of the space domain," its statement said.

    LeoLabs, a company that tracks space movements, wrote on X that it was tracking over 180 fragments drifting in orbit after the break.

    "We expect this number to increase in the coming days. We are actively analyzing the debris cloud to characterize it, identify a potential cause, and estimate the impact," the firm wrote.

    By LeoLabs' estimation, the RESURS-P1 was about 13,200 pounds and held a "nearly circular orbit" when it split.

    The Russian satellite was an observation tool capturing high-resolution images that allowed the viewer to distinguish objects on Earth about 1 meter apart.

    Russia's space agency, Roscosmos, said in January 2022 that the satellite had been inactive since late 2021 due to the failure of its onboard equipment after operating 3.5 years longer than expected.

    Satellite breakups in low Earth orbit can often pose hazards to other satellites, spacecraft, or space stations because of the debris they release.

    Debris can sometimes stay for decades in close orbit before Earth's gravity pulls it into the atmosphere and burns it up.

    Space agencies have been working to reduce space junk in low Earth orbit as more satellites are decommissioned, primarily because the resulting debris raises the risk of spacecraft crashes.

    In October 2023, for example, the Dish Network was fined $150,000 for leaving a retired satellite in the wrong place.

    The preferred way of disposing of a retired satellite is typically to send it further away from Earth, reducing the risk of interrupting space activities near the planet. Another way is to allow the satellite to fall into the atmosphere, where it will be burned.

    Read the original article on Business Insider
  • Jon Stewart says Biden looked like he had ‘resting 25th Amendment face’ — that establishes processes in case of a president’s death — at the debate

    "I'm not a political expert, but while Biden was preparing at Camp David for a week, did anyone mention he would also be on camera," Jon Stewart (left) said of President Joe Biden's (right) performance on Thursday's debate.
    Jon Stewart, left, was not a fan of Biden's debate performance.

    • President Joe Biden had a rough night at his first presidential debate of the year.
    • Biden's performance on Thursday was riddled with gaffes and stumbles.
    • Turns out "The Daily Show" host Jon Stewart thinks the debate was a disaster for Biden too. 

    Jon Stewart has weighed in on Thursday's presidential debate and he thinks it was a disaster for President Joe Biden, 81, too.

    "The Daily Show" host went live following the debate, where he poked fun at Biden's performance against his rival, former President Donald Trump, 78.

    At one point in the debate, Biden misspoke while defending his accomplishments in healthcare policy, saying that his administration had "finally beat Medicare."

    Trump quickly jumped on Biden's misstep: "Well, he's right. He did beat Medicare. He beat it to death, and he's destroying Medicare."

    "Okay, a high-pressure situation. A lot of times, you can confuse saving Medicare with beating it," Stewart joked.

    "I'm sure it's not something that repeated throughout the debate, causing Democrats across the country to either jump out of windows or vomit silently into the nearest recycling bin," he continued.

    [youtube https://www.youtube.com/watch?v=3SJr44m-w1Y?si=ho2uedo-s5A7WDb0&w=560&h=315]

    But Biden, Stewart said, also seemed to run into trouble during the debate even when it wasn't his turn to speak. Biden was seen grimacing, looking stunned, and with his mouth hanging open while Trump spoke — and Stewart highlighted that in a supercut he played on the show.

    "A lot of people have resting 25th Amendment face," Stewart said, referencing the section in the constitution that establishes processes in case of a president's death.

    "I'm not a political expert, but while Biden was preparing at Camp David for a week, did anyone mention he would also be on camera on a split screen?" he continued.

    This isn't the first time Stewart has called attention to Biden and Trump's advanced ages.

    When Stewart returned to "The Daily Show" in February, his first monologue touched on Biden's and Trump's fitness for the Oval Office.

    "These two candidates. They are both similarly challenged," Stewart said. "And it is not crazy to think that the oldest people in the history of the country to ever run for president might have some of these challenges."

    Last month, Stewart told audiences at the "Netflix is a Joke Fest" that Biden is so old that he "shouldn't be president."

    "I know you know how fucking old he is, and I know you don't want to say it because Trump is so scary, but he's so fucking old," Stewart said. "I'm not saying that Biden can't contribute to society, he just shouldn't be president."

    Representatives for Biden and Trump did not immediately respond to requests for comment from BI sent outside regular business hours.

    Read the original article on Business Insider