Billionaire investor Warren Buffett is known for mastering the strategy of identifying and buying great businesses at lower prices. He has abided by this rule to date, with no exceptions. For the first time in six years, Buffett decided not to buy back shares of his own company, Berkshire Hathaway, in Q3 despite having over … Read more
Republican Donald Trump surged ahead of Democratic Presidential Candidate Kamala Harris in one of the most highly anticipated US elections in the country’s history. Trump’s reelection as the 47th US President has already triggered a bullish wave in the US stock markets, as benchmark indices like the S&P 500, Nasdaq, and Dow Jones Futures gained … Read more
Kevin O’Leary, famously known as “Mr. Wonderful” from Shark Tank, credits much of his financial wisdom to an unexpected source—his mother. Despite coming from a modest, middle-class background, O’Leary recently shared on his YouTube channel that his mother had secretly amassed significant wealth over 32 years through a disciplined investment and savings strategy. Her meticulous … Read more
A mother in Colorado is reportedly preparing to take legal action against McDonald’s after her 15-year-old daughter was hospitalised with acute kidney failure, allegedly due to an E. coli infection contracted from the popular fast-food chain’s Quarter Pounder burger. The teenager, Kamberlyn Bowler, remains in critical condition, and her mother, Brittany Randall, has expressed her … Read more
Almost 20% of American households generate passive income from interests, dividends, or rents, with median earnings at $4,200 annually. Building passive income streams is an emerging trend as more people increasingly gain access to investment instruments that have long been limited to the wealthy. Rich Dad Poor Dad author Robert Kiyosaki believes everyone should focus … Read more
Shark Tank star and multi-billionaire entrepreneur Mark Cuban understands that not everyone can invest millions in businesses or start their own companies successfully. However, the Dallas Mavericks co-owner believes there are many ways to secure extra money via passive income streams without burning a hole in your pocket. 1. Invest in Stocks That Are Dividend … Read more
Bitcoin surpassed $67,000 for the first time since July as a rally in US stocks helped to renew optimism for riskier assets such as cryptocurrencies. “Sentiment jumped sharply to ‘greed,”’ analysts at FxPro wrote in a note Tuesday. The largest cryptocurrency gained as much as 2.45% to $67,520 as of 9:58 a.m. in New York. … Read more
Carpenter Christopher DeVocht from the Sooke community of British Columbia, Canada, is among the few day traders who have grown thousands of dollars to hundreds of millions in a short span and then lost it all. DeVocht started as most traders do, following trading forums and backtesting strategies, but little did he know his C$88,000 … Read more
Here’s an excerpt from the conversation: Andrea Heng:The financial institutions are highly favoured among Singaporean investors when it comes to what’s listed on the SGX. Now, some analysts allege that it’s the lack of diversity in the SGX that makes it safer than other markets. Seems like a bit of a contradiction here. If it’s … Read more
A Morningstar Center for Retirement & Policy Studies research leveraged a new simulation tool to find that 45% of Americans retiring at 65 face risks of running out of money in retirement as people live longer and share greater responsibility for their retirement savings. The simulation considered attributes like health conditions, nursing home expenses, and … Read more
