-
Warren Buffett Reveals The Instructions In His Will To Invest 90% Of Wife's Inheritance — 'My Widow Will Not Be An Expert On Stocks'
2024 Apr 19, 10:36am | 824Legendary investor Warren Buffett offered straightforward investment advice during an appearance, on CNBC's "Squawk Box," which followed the release of Berkshire Hathaway Inc.'s annual shareholder letter. Buffett's advice centered on an investment strategy for his wife, Astrid, guided by the...
-
In Your 50s? It's Not Too Late To Transform Your Financial Future: 3 Key Moves To Make Now
2024 Apr 18, 3:36pm | 682Individuals in their 50s often confront a multitude of financial duties, spanning from their children's education expenses to the care of elderly parents, all while trying to save for retirement. Autumn Knutson, a certified financial planner and the founder of Styled Wealth, notes that a...
-
Warren Buffett Wants Higher Taxes For The Ultra-Rich, Including Himself — Says 'My Friends And I Have Been Coddled Long Enough'
2024 Apr 18, 12:24pm | 674Warren Buffett, who is ranked among the wealthiest individuals in the world, is not only known for his vast fortune but also for his advocacy for fiscal policies aimed at improving the quality of life for the average citizen. As chairman of the powerhouse conglomerate Berkshire Hathaway Inc.,...
-
Elon Musk Thinks 'College Is Basically For Fun And To Prove That You Can Do Your Chores' — Says Degree Requirements Are 'Absurd'
2024 Apr 18, 12:24pm | 470Elon Musk's outspoken views on education continue to resonate as more companies reconsider the necessity of college degrees for employment. During a discussion at the Satellite 2020 conference in Washington DC, Musk stated, "I think college is basically for fun and to prove that you can do...
-
Charlie Munger Said 'If You Mix Raisins WIth Turds, They're Still Turds' — Mixing The Good With The Bad Leads To 'Wretched Consequences'
2024 Apr 18, 11:38am | 744Known for his blunt wit and homespun wisdom, the late Charlie Munger offered an analogy that remains relevant: “If you mix raisins with turds, they’re still turds.” At the 2000 Berkshire Hathaway Annual Shareholders Meeting, a discussion unfolded regarding the speculation frenzy...
-
Joe Tsai, Co-Founder of Alibaba, Says That There's A 'Wealth Effect' From Property Downturn
2024 Apr 18, 10:22am | 585Alibaba co-founder Joe Tsai said that he's noticed that a wealth effect from a property downturn tends to make consumers more hesitant to spend their money — here's why. In an interview with Norges Bank Investment Management, Tsai spoke about all things wealth, including consumer confidence during...
-
Here's The Gravest Error You Can Make With Credit Cards: 'Like Owing Money To Loan Sharks'
2024 Apr 17, 2:55pm | 605Accumulating a credit card balance month-over-month is likened to "owing money to a loan shark," Noah Damsky, a chartered financial analyst, told CNBC. Bankrate data shows this mistake is exceptionally costly, given that the current average annual percentage rate (APR) for credit cards is...
-
EXCLUSIVE: NFL Athletes Rewrite The Playbook On Money Management — 'Players Doing Great Things And Establishing Generational Wealth'
2024 Apr 17, 12:50pm | 1173Usama Young recalls entering the New Orleans Saints locker room “bright-eyed and bushy tailed.” The in-demand safety had just been selected in the third round of the 2007 NFL Draft. “It was a new world for me,” Young, 38, tells Benzinga. “I got that windfall of cash....
-
Charlie Munger Gave His Family Fortune To The 'Chinese Warren Buffett' Who Turned It Into Over $400 Million Dollars — 'Unholy Good Returns'
2024 Apr 17, 12:31pm | 595Bold moves can make or break your career in investing, and the late Charlie Munger, Vice Chairman of Berkshire Hathaway Inc., knew this all too well. In the early 2000s, he entrusted $88 million of his family’s fortune to Li Lu, a man often dubbed the “Chinese Warren Buffett.”...
-
Warren Buffett Says Buying Gold Is 'Going Long On Fear,' But Robert Kiyosaki Says 'F U Buffett' And Urges 'Buy More Gold' — Who's Right?
2024 Apr 17, 12:10pm | 1010The investment world is rife with differing opinions, especially when it comes to the value of gold as an investment. This divergence is illustrated in the views of Warren Buffett and Robert Kiyosaki, two prominent figures whose perspectives on gold are as contrasting as their investment strategies...
-
Larry Fink Rebukes Political Critics, Calling Them Out For 'Continuously Lying' About The World's Largest Money Manager
2024 Apr 17, 9:09am | 850BlackRock Inc. CEO Larry Fink called out political critics for their continuous lies about anti-woke investment and BlackRock, the world's largest money manager. Fink's troubles began in 2023 when the Select Committee on the Chinese Communist Party of the U.S. House of Representatives launched an...
-
'Stop Acting Rich. You Don't Have Any Stinkin' Money' — Dave Ramsey Slams Everyone Living Above Their Means To Fit In, Saying 'People Are Stupid'
2024 Apr 17, 8:05am | 680In a March TikTok video, financial adviser Dave Ramsey urged his viewers to embrace a more modest lifestyle, criticizing those who pretend to be wealthier than they are. His message was clear: "Stop acting rich. You don't have any stinkin’ money." Ramsey argues that many individuals who...
-
Living Paycheck To Paycheck? Here's Your 4-Step Guide From Financial Guru Dave Ramsey On How To Make A Budget
2024 Apr 17, 7:48am | 846Have you ever caught yourself scratching your head, wondering where all your hard-earned money vanished by month’s end? You’re certainly not alone. A survey conducted by Payroll.org in 2023 tells us that 78% of Americans live paycheck to paycheck. This suggests that more than a third of...
-
An Average American Needs $2.2 Million To Be Wealthy — But Grant Cardone Thinks It's Not Enough
2024 Apr 16, 1:00pm | 716In the ever-shifting landscape of American wealth, the benchmark for what constitutes rich has been a topic of perpetual fascination. According to Charles Schwab’s 2023 Modern Wealth Survey, the magic number now stands at $2.2 million in assets. However, Grant Cardone, the real estate...
-
Warren Buffett Warns 'Don't Watch The Market Closely' — Urges Not To Obsessively Check Stock Prices If You Want 'Very Good Results'
2024 Apr 16, 12:00pm | 857Patience is a cornerstone of successful investing, a sentiment strongly advocated by Berkshire Hathaway Inc. Chairman and CEO Warren Buffett. His guidance to investors is straightforward: “Don't watch the market closely,” reflecting a belief in long-term growth instead of reacting to...