Finance

$500K Portfolio Breakdown: 42-Year-Old Investor’s Top 9 Stocks for $12K in Dividends

While many investors are chasing the AI trend, others are turning to reliable dividend stocks for stability. In January, Josh Duitz, deputy head of global equities at Abrdn, noted that dividend stocks have historically contributed 36% of market returns since 1936 and could outperform even during a recession. A 42-year-old investor shared his success story on Reddit’s r/Dividends community, revealing a $500,000 portfolio generating $12,000 annually in dividends. Alongside his investments, he holds $300,000 in cash as a safety net, citing Chicago’s high cost of living and private school expenses. Formerly in finance, he now works part-time, planning to use dividends for supplemental income within 10 years.

TECH

Future Android Phones to Feature New Tech for Verifying Authentic Videos

With generative AI making deepfakes a growing concern, proving the authenticity of digital content is becoming essential. Tech companies are adopting the C2PA standard, which uses watermarks to confirm a file’s origin. Truepic, a San Diego-based leader in this space, has partnered with Qualcomm to embed tamper-proof watermarking technology in phones using Snapdragon chips. Their latest collaboration ensures that devices with the new Snapdragon 8 Elite chip can verify the authenticity of photos, videos, and audio. Qualcomm’s VP, Judd Heape, emphasizes the importance of responsible AI, noting that with 70% of AI efforts focused on images, knowing what’s real is more critical than ever.

CRYPTO

Simplilearn Moves Base to Texas to Boost Global Tech and EdTech Operations

The latest company to join the trend of businesses moving to Texas is global tech firm Simplilearn, which announced it is relocating its U.S. headquarters from San Francisco to Plano. Simplilearn, founded by Krishna Kumar in 2010, offers digital skills training in areas like AI, digital marketing, and cloud computing, targeting early- and mid-career professionals. The move to Plano positions the company within a growing tech hub, giving it access to new resources and talent. With existing offices in Bangalore and collaborations with companies like Google, IBM, and Microsoft, Simplilearn aims to strengthen its presence in the U.S. tech ecosystem.