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Ex-SpaceX Staffers Raise Cash for Defense Manufacturing Startup

Ex-SpaceX Staffers Raise Cash for Defense Manufacturing Startup

Bloomberg18-06-2025

As far as startup ideas go, there is nothing sexy about wire harnesses. They're a bundle of wires and components designed to deliver electrical power and data.
But to Senra Systems, they're a gateway into a big opportunity that Silicon Valley has ignored for decades. As the defense tech industry develops increasingly advanced hardware products, from autonomous drones and satellites to reusable rockets, the US lacks a modern supply chain for the obscure but critical parts and components that make these devices work. Often, such parts are made in China — a reality that's stoked fears about US supply chains for products like planes and weapons.

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This Stock Is Up 55,000% Since Its IPO: Here's 1 Reason It Could Still Be a Smart Buy
This Stock Is Up 55,000% Since Its IPO: Here's 1 Reason It Could Still Be a Smart Buy

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This Stock Is Up 55,000% Since Its IPO: Here's 1 Reason It Could Still Be a Smart Buy

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Study: Nearly Half of Americans Don't Consider Insurance in Financial Planning — but Most Financial Advisors Disagree
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Study: Nearly Half of Americans Don't Consider Insurance in Financial Planning — but Most Financial Advisors Disagree

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GOBankingRates used PureSpectrum's survey platform to conduct the poll. More From GOBankingRates 5 Steps to Take if You Want To Create Generational Wealth 4 Things Your Neighbor Who Retired Early Won't Tell You About Their Financial Plan 4 Things You Should Do if You Want To Retire Early I'm a Certified Financial Planner: 3 Wealth-Transfer Tips I Tell My High-Income Clients This article originally appeared on Study: Nearly Half of Americans Don't Consider Insurance in Financial Planning — but Most Financial Advisors Disagree

New To Investing? Vincent Chan Says Low-Cost Index Funds Are the Easiest Way to Get Started
New To Investing? Vincent Chan Says Low-Cost Index Funds Are the Easiest Way to Get Started

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New To Investing? Vincent Chan Says Low-Cost Index Funds Are the Easiest Way to Get Started

Investing is one of the common paths to long-term wealth, but it can feel complex if you are just getting started. Luckily, financial guru Vincent Chan recently revealed the simplest way to get started. Not only is it easy to start investing based on Chan's advice, but his strategy has a proven track record of multiplying your money in the long run. The Easiest Things To Invest In Are Low-Cost Index Funds' Chan explained in the video. It sounds basic, but that doesn't make it a bad suggestion. Here's why index funds remain one of the most popular ways for people to invest. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. Index funds offer investors exposure to a basket of companies. Some index funds contain a few dozen companies, while other index funds contain hundreds of publicly traded corporations. A couple of index funds even have well over 1,000 stocks, offering broad exposure to the market. You don't have to get the most diversified index fund to get good results. Some funds with 100 stocks perform better than funds with 500 stocks. The main strength of index funds is that they enable automatic portfolio diversification and streamline investing. You don't have to research a bunch of stocks, know what to look for in a good stock or follow the news every day. A portfolio manager can do all of those things for you as your money grows in an index fund. You can accumulate index funds in any investment account that lets you trade stocks. However, Chan suggests giving preference to tax-advantaged accounts like your 401(k), HSA, and Roth IRA when you make investments. These accounts let you reduce your tax bill as you grow your investments. Traditional retirement accounts let you reduce your taxes right now, while you won't have to pay any taxes on withdrawals from your Roth IRA. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. Chan suggests investing any remaining money into a brokerage account once you have maxed out your tax-advantaged accounts. Investors should also monitor any changes the IRS makes to the maximum amount they can contribute to retirement accounts. You also get to make catch-up contributions to your retirement accounts the moment you turn 50. Chan recommends looking for index funds that have low expense ratios. This ratio reflects the cost of holding the fund and having an investment firm manage it on your behalf. Passively managed ETFs that mirror benchmarks like the S&P 500 typically have low expense ratios. It's realistic to find passively managed ETFs that have expense ratios below 0.10%. Investors can further explore index funds by analyzing their total returns. You can look at how much a fund has returned over the past five and ten years to gauge if it's consistent or volatile. It's also good to look at a fund's asset allocation to see if most of the stocks are in the tech sector or another industry. Some investors also look at a fund's yield to see how much cash flow they will receive just by holding on to shares. While most investors shouldn't prioritize a fund based on its yield, receiving passive income from investments becomes more valuable as you get closer to retirement. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article New To Investing? Vincent Chan Says Low-Cost Index Funds Are the Easiest Way to Get Started originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

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