-
Can You Guess What It Takes To Join The Top 4% Of Households? Here's A Hint – It's Not As High As You'd Expect
2024 Oct 08, 3:30pm | 931Think joining the top 4% of households means you need a vault full of gold or some secret hedge fund? Think again. According to data from LIMRA reported by Rethinking65, only 4% of all U.S. households have $2 million or more in investable assets. That may not seem huge, but it represents a...
-
Bill Gates Says He'd Be 'Tens Of Billions Poorer' Under His Ideal Tax System – But He Still Supports It
2024 Oct 08, 2:17pm | 834In a recent interview with The Independent, Bill Gates reflected on his wealth and a tax system that he believes could help reshape wealth inequality in America – or at least help fund some depleting programs like Social Security. Gates even acknowledged that his wealth would be far less...
-
'If You Want To Be A Millionaire, Stop Doing The 9-5': Grant Cardone Says Working 40 Hours A Week On An Average Salary Won't Make You Rich
2024 Oct 08, 12:45pm | 866In a blog post, Grant Cardone, the self-proclaimed "Benjamin Button of business," shared his take on getting wealthy. He's bold and unapologetic when he says, "If you ever want to be a millionaire, you need to stop doing the nine to five and start doing 95." Cardone is clear about his message: to...
-
Warren Buffett Lets The Stock Market Decide His McDonald's Breakfast Order – When It's Up, He Spends $3.17 On A Bacon, Egg & Cheese Biscuit
2024 Oct 08, 10:15am | 829Billionaire Warren Buffett, the 94-year-old investment genius famous for his wise financial decisions at Berkshire Hathaway, is equally renowned for his love of Coca-Cola and McDonald’s. But the “Oracle of Omaha” once revealed a quirky habit that combines his passion for fast food...
-
Goldman Sachs CEO Challenges Kamala Harris Over Economic Analysis, Sparking Heated Debate On The Future Of U.S. Policy
2024 Oct 08, 9:45am | 898In a recent CNBC interview with Scott Wapner, Goldman Sachs' CEO David Solomon set the record straight after Vice President Kamala Harris referenced the bank's analysis during a heated presidential debate. Harris had pointed to the Wall Street giant's forecasts as proof that her economic plan would...
-
Suze Orman Says The Personal Finance Of Americans Is 'Really, Really Bad' Even Though The Stock Market Is Doing Great
2024 Oct 07, 6:19pm | 1108In a recent conversation with Chris Wallace on CNN Max, Suze Orman highlighted that while the stock market is performing well, it doesn't reflect how most American households are really doing financially. "What if I were to tell you that 75% of the people in the United States don’t have $400...
-
Are You Rich or 'Really' Rich? Here's the Extreme Difference Between the Two Levels of Wealth
2024 Oct 07, 3:30pm | 980When you hear the word "rich," your mind probably conjures images of luxury – sleek cars, sprawling mansions, and a life of indulgence. But being rich on paper doesn't always mean you're really rich. You can have a high income or flashy assets but still not be considered truly wealthy. In the U.S...
-
Dave Ramsey's Bold Plan to Fight Inflation: Could His Radical Approach Help You Keep More Cash in the Bank?
2024 Oct 07, 1:15pm | 947Inflation has become a fact of life these days. It's in the headlines, the punchline of every joke and probably makes your wallet feel a little lighter. The current inflation rate of 2.5% may not sound too alarming at first glance. However, comparing prices from just a few years ago, the...
-
Do Former U.S. Presidents Really Collect Social Security? The Surprising Truth About Their Retirement Perks
2024 Oct 07, 11:45am | 751When most people think about Social Security, it's usually considered a program that provides much-needed income during retirement – the regular monthly checks one receives from the Social Security Administration based on working years. But what about former U.S. presidents? Do they collect...
-
Biden's Presidency Hits Hard: Households Now Forking Over $2,500 More Annually for Groceries – Can You Afford the Surge?
2024 Oct 07, 9:15am | 779The rising cost of living in America has hit families hard, making everyday necessities feel like luxury items. The cost of food, gas, housing and back-to-school clothes has risen to jaw-dropping levels. While on the campaign trail last August, Kamala Harris said, “Food, rent, gas, back...
-
Four Signs It's Time To Sell A Stock
2024 Oct 07, 9:04am | 1239When it comes to investing, much of the focus is often placed on finding the right stocks to buy. However, knowing when and why to sell a stock is just as critical to achieving long-term financial success. A well-thought-out strategy for selling investments can help you optimize your portfolio,...
-
What Screams 'I'm Upper Class'? These Are The Not-So-Subtle Signs Of Wealth, According To People On Social Media
2024 Oct 07, 7:30am | 1158Ever wonder what screams "I'm upper class?" A Reddit thread explored this question and the answers paint a vivid picture of how wealth is displayed – or, in some cases, quietly lived. From understated habits to jaw-dropping displays of affluence, Reddit users shared stories that reveal what truly...
-
Kevin O'Leary Respects AOC and Elizabeth Warren. Says, 'Business Is Tough, But Politics? That's A Whole New Level Of Insanity'
2024 Oct 06, 8:30pm | 735Kevin O'Leary, known as “Mr. Wonderful” from Shark Tank, is famous for his sharp business skills and blunt attitude. However, he has newfound respect for people who enter the political sphere. In a recent interview, O’Leary discussed political figures such as Elizabeth Warren and...
-
Grant Cardone Says 'You Need $10 Million To Be Considered Rich' – $1 Million in Retirement Won't Cut It If You Want To Afford Anything
2024 Oct 06, 12:00pm | 946Grant Cardone isn't one to shy away from making bold statements, especially when it comes to money. He feels $10 million is the new $1 million. In a TikTok video titled "If You're A Millionaire You're Broke – Get To $10 Million To Be Considered Rich," Cardone breaks down his belief that...
-
Warren Buffett's Son Who Famously Cashed In His $90,000 Inheritance at 19 Spends Millions in 'Buffett Bucks' Transforming A Small New York Town
2024 Oct 06, 11:30am | 845Warren Buffett has always been clear about how he wants to handle his wealth with his kids, famously saying he'd give them "enough so they can do anything but not enough so they can do nothing." His son, Peter Buffett, really took that to heart. At 19, Peter made a bold move by cashing in his...