Conservative comedian Alex Strenger was escorted away after he asked Democratic Congresswoman Nancy Pelosi which stock to buy as she signed copies of her new book, “The Art of Power,” at the Texas Tribune Festival in Austin on September 8. Strenger posed as a Democrat, wearing a face mask and a Bernie Sanders baseball cap, … Read more
This summer I visited two coastlines: the western shore of Oregon and California by motorcycle, and the south coast of Spain. During both trips I experienced 40 C-and-higher temperatures, but the two countries dealt with the heat in different ways. The Oregon Trail and California coast are famous for spectacular seaside cliffs and long sandy … Read more
Since she became a mother, she has invested her children’s money – even before they could count. In addition to investing their cash gifts, she deposits money into their investment account monthly for college fees and other needs down the road. “[Children] are very expensive. And you know that the expenses for them are just … Read more
RealPage is facing an investigation for colluding with homeowners using its proprietary software to abnormally hike rents nationwide. Expect Best/Pexels.com Blackstone is the largest alternative asset manager in the world, with over $1 trillion in assets under management. The recent “Helter Shelter: How Blackstone Contributes to and Profits from California’s Broken Housing System” report from … Read more
According to Fidelity’s Q2 2024 retirement analysis report, the number of 401(k) millionaires in the US reached another record high, 497,000, up from 485,000 in the preceding quarter. Fidelity attributed the steady growth over the last few quarters to an improving macroeconomic landscape and more 401(k) participants starting early and steadily contributing to the employee-sponsored … Read more
KEY POINTS Financial psychologists Dr. Brad Klontz and Ted Klontz co-developed the concept of money personalities. Understanding your money personality can also help your well-being by alleviating the stress and anxiety associated with financial decisions. When it comes to personal finances, everyone has a unique approach, often shaped by their experiences, upbringing, and personality. Understanding … Read more
Retirement planning involves a lot of variables and requires a steadfast commitment to creating a corpus that can cover life’s unforeseen events and sustain your pre-retirement lifestyle for decades into retirement. The motivation to diligently contribute towards retirement investments is directly linked to an individual’s savings capability, which has stunted in recent years due to … Read more
Loblaw is piloting a new ultra-discount grocery store in Ontario that promises to deliver even lower prices by stripping away even more frills. The first three No Name stores will open in September in Windsor, St. Catharines and Brockville, capitalizing on Loblaw’s existing discount brand known for its simplified, bright-yellow packaging and marketing. “The No Name … Read more
Billionaire investor and chairman of Berkshire Hathaway, Warren Buffett, bought 1.04 million Class A shares of aerospace and electronics company Heico Corporation (NYSE: HEI.A) for $185.37 million in Q2, according to the latest 13F filing. Heico operates in two segments: the Flight Support Group (FSG) and the Electronic Technologies Group (ETG), where most of its … Read more
Scion Asset Management founder Michael Burry is known for betting against the housing market during the 2008 financial crisis. The trade, which netted him $700 million, was chronicled in the award-winning film Big Short. His contrarian approach and unique foresight also prompted trades like buying water assets, forecasting future scarcity, and investing in GameStop before … Read more
