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    • Innovations in travel, design, and food industriesThe Capital One Venture X Card offers premium travel benefits and 2X miles on every purchase. Canva simplifies design and presentation solutions. Lab-grown meat, pioneered by Modern Meadows, could offer ethical and sustainable food production.

      There are innovative solutions and advancements in various industries, such as travel with the Capital One Venture X Card and design with Canva, as well as potential future developments like lab-grown meat. The Capital One Venture X Card offers unlimited 2X miles on every purchase and premium travel benefits, while Canva provides efficient presentation solutions for various workplans. In the realm of food, lab-grown meat, pioneered by researchers like Gabor Forgax of Modern Meadows, is a potential future solution for ethical and sustainable food production. PETA offered a $1 million reward in 2008 for the first commercially viable lab-grown meat, and while it wasn't achieved by the deadline, the first taste test took place in 2012. These examples showcase the importance of continuous innovation and progress in various fields.

    • Lab-grown meat: Affordable and Delicious SolutionMark Post, a vascular physiologist, leads Modern Meadows in creating lab-grown meat, aiming to make it affordable and delicious, potentially addressing hunger crisis and reducing meat consumption.

      Modern Meadows, led by its founder Mark Post, is working on creating lab-grown meat that is both affordable and delicious, with the goal of making it a viable solution for those who want to reduce their meat consumption or help address the ongoing hunger crisis. Mark Post, a vascular physiologist from Maastricht University in the Netherlands, has been a pioneer in this field, and although there are other research groups working on similar projects, the potential impact of a successful breakthrough could be tremendous. This concept is not new, as the idea of lab-grown meat dates back to Winston Churchill's prediction in 1931 that we would be able to grow meat parts separately by 1981. Despite the oddity of consuming lab-grown meat, the potential benefits are significant, and the researchers in this field are likely working closely with each other to make this a reality.

    • Discovering unexpected growth in goldfish muscleResearcher's experiment with goldfish muscle led to unexpected growth, while Betterment helps investors achieve financial growth through automated investing and tax-efficient strategies.

      Morris Benjaminson, a researcher from the University of Oregon, discovered that by treating goldfish muscle with fetal bovine serum, he could coax the cells to divide and grow 14% more mass. Benjaminson's discovery, made in 2001, was a significant development in the field of cellular growth. However, when he attempted to cook and eat the resulting "meat," no one was interested. Today, Betterment, a financial services company, offers a different kind of growth. It helps investors maximize their money through automated investing and tax-efficient strategies, allowing their funds to work hard while they relax. Just as Benjaminson's goldfish muscle experiment yielded unexpected results, Betterment can help investors achieve financial growth they might not have thought possible.

    • Earning Extra Income from Sharing Economy and Potential of Lab-Grown MeatIndividuals can earn extra income by renting out unused spaces through the sharing economy, especially during high-demand events. Lab-grown meat, a sustainable and ethical alternative to traditional animal agriculture, could be economically competitive and a viable option for those who object to animal cruelty.

      The sharing economy, represented by platforms like Airbnb, offers an opportunity for individuals to earn extra income by renting out their unused spaces. This can be particularly lucrative during events or tournaments when there is a high demand for accommodations. Additionally, the discussion touched upon the potential of lab-grown meat as a sustainable and ethical alternative to traditional animal agriculture. While the technology is still in development, it has the potential to be economically competitive with real meat and could be a viable option for those who object to animal cruelty but still consume meat. Furthermore, the cost of raising livestock versus the retail price of meat highlights the significant markup in the meat industry.

    • The cost of lab-grown meat could compete with traditionally sourced meatDespite high manufacturing costs, lab-grown meat could be competitive due to potential markups. However, consumer perception and authenticity remain challenges.

      The cost of lab-grown meat, such as vitro meat, could be competitive with traditionally sourced meat like fillet or even Kobe beef, despite the high manufacturing costs. This is due to the potential for significant markups. However, the perception and authenticity of these products can be a challenge, with many consumers being misled by the marketing of high-priced items like Kobe beef or lobster. The lobster industry, for example, is currently experiencing a surplus, yet prices remain high. In the case of lab-grown meat, the production process is still in its infancy and faces challenges such as replicating the complex flavors and textures of natural meat. The Dutch team's efforts to create lab-grown meat using cow stem cells is a step in the right direction, but the final product still needs refinement to compete with natural meat in terms of taste and appearance.

    • The production of lab-grown meat is complex and expensiveLab-grown meat production is a complex process involving muscle cells, muscle fibers, fat, and blood, with a current price tag of $57-$180 per pound, making it a potential niche industry rather than a mass-market solution.

      The production of lab-grown meat, such as that being developed by Modern Meadow, is a complex process involving not just muscle cells but also muscle fibers, fat, and blood. This realization comes with a hefty price tag, as the technology is currently extremely expensive. For instance, Mark Post's first lab-grown hamburger cost approximately 350,000 dollars. Modern Meadow's alternative, on the other hand, is projected to cost between 57 and 180 dollars per pound, making it a potential niche industry rather than a mass-market solution. Another challenge is the intricate mixture of fuel, salt, minerals, and hormones required to grow healthy cells, which is just the beginning of the process. The ultimate goal is to create a product that not only grows healthily but also resembles the desired meat product, such as a steak or hamburger patty. This is a complex process that involves a multitude of components, making the commercial viability of lab-grown meat an ongoing challenge.

    • Lab-grown meat: A potential game-changer for the environmentLab-grown meat could reduce greenhouse gases by 78-96%, require 99% less land, use 82-96% less water, and be 50% more energy efficient than traditional meat production.

      Lab-grown meat, which could potentially be made from ingredients like flour, could be a game-changer for the environment. Compared to traditional meat production, lab-grown meat would have significantly fewer greenhouse gases (78-96% less), require less land (99% less), and use less water (82-96% less). Additionally, producing a pound of lab-grown meat is more energy efficient (50% compared to 15% for traditional meat). With meat production projected to double in the next 40 years due to increasing incomes and demand, especially in countries like China and India, the environmental impact of meat production is a significant concern. Furthermore, lab-grown meat could potentially address the ethical concerns of those who abstain from meat due to animal cruelty or social responsibility. However, for those who don't eat meat due to taste preferences, lab-grown meat may not be an appealing alternative. Overall, lab-grown meat has the potential to address numerous environmental and ethical concerns associated with traditional meat production.

    • Exploring Alternatives: Lab-Grown Meat, Airbnb, and Dell Tech SavingsConsider lab-grown meat as a potential sustainable and economically viable alternative to traditional cattle farming. Share your living space on Airbnb for extra income. Dell Technologies offers savings on select tech products for upgrades.

      As the world's population continues to grow and available land for cattle farming becomes scarce, lab-grown meat could become a more economically viable and sustainable alternative. Currently, the high cost and lack of taste and texture are major hurdles, but advancements in technology and health benefits could make it a viable option. Another interesting opportunity lies in sharing one's living space through Airbnb, which could provide extra income and help cover bills or even fund something enjoyable. Lastly, Dell Technologies is celebrating its 40th anniversary with savings on select tech products, offering the chance to upgrade to the latest devices and accessories at discounted prices.

    • Exploring Innovative Topics like Lab-Grown Meat on How Stuff WorksHigh school student benefits from podcast, plans for factory farming episode, and encourages listener engagement

      For those interested in learning about innovative topics like lab-grown meat, checking out the "Innovations" channel on How Stuff Works is recommended. Colin, a high school student, shared his experience of benefiting from the podcast for research purposes in his independent study mentorship program. He thanked the hosts for providing extensive information, allowing him to excel in his classes. The discussion also touched upon the topic of factory farming, with plans to create a podcast episode on it to balance previous criticism of bullfighting. Listeners are encouraged to engage with the podcast through various platforms, including social media and email.

    • A safe and enjoyable social media experience for kids vs. prioritizing customer satisfaction and security with credit cardsZigazoo offers a kid-friendly platform with real people moderation and privacy protections, while Discover's credit cards provide excellent customer service and fraud liability for a secure and valued experience

      Zigazoo offers a kid-friendly social media platform where children can create and share videos, with content moderated by real people and built-in privacy protections. Meanwhile, Discover aims to make everyone feel special by providing excellent customer service and fraud liability with their credit cards. For kids, Zigazoo is an exciting place to connect and engage in fun activities like dance challenges, all while ensuring a safe and secure online environment. The platform's moderation process and privacy protections give parents peace of mind, making it a great alternative to other social media platforms. On the other hand, Discover's credit card offerings prioritize customer satisfaction by providing 24/7 live customer service and $0 fraud liability. These features help cardholders feel secure and valued, regardless of their circumstances. By offering these benefits, Discover aims to make financial services more accessible and inclusive for everyone. In conclusion, Zigazoo provides a safe and enjoyable social media experience for kids, while Discover's credit cards prioritize customer satisfaction and security, ensuring that everyone feels special and valued.

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    How a money manager may help you

    If your savings is meant to grow and be used in the long term, and market volatility makes you nervous, consider using an SMA to provide some oversight to your account. To learn more about money managers, watch a 12-minute video at: www.Profile-Financial.com/sma.

     

    Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd. www.profile-financial.com. He is a licensed financial professional both in the U.S. and Israel. Call (02) 624-2788 for a consultation about handling your U.S. investments from Israel. Securities offered through Portfolio Resources Group, Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not those of Portfolio Resources Group, Inc. or its affiliates