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The personal finance celeb says borrowers who do this make her "so crazy."
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
- Motley Fool
Whereas the benchmark S&P 500 has gained 273% over the trailing 10-year period, we've watched Bitcoin approach a nearly 8,000,000,000% gain in a little over 11 years. The Shiba Inu dog breed has inspired a handful of popular cryptocurrencies. Although Bitcoin continues to generate buzz, especially with the first Bitcoin futures-based exchange-traded fund making its debut this week, it's Shiba Inu (CRYPTO: SHIB) that's been turning heads with its gains.
- Associated Press
A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes got its first chance Friday to listen to recordings of her boasting to investors about purported breakthroughs in a blood-testing technology. The drama unfolded in a San Jose, California, courtroom with federal prosecutors playing a series of recordings from a December 2013 conference call that Holmes held with investors in Theranos, the company she started in 2003 after dropping out of college at 19 in hopes of becoming a revered visionary in the mold of Apple co-founder Steve Jobs. The audio clips of Holmes capped the sixth week of a high-profile trial revolving around allegations that Holmes duped sophisticated investors and major retailers with bogus promises about a Theranos device dubbed Edison.
- Insider Monkey
In this article, we discuss the 11 best dividend stocks to buy according to Warren Buffett. You can skip our detailed analysis of Buffett’s hedge fund and his investment philosophy and go directly to read the 5 Best Dividend Stocks To Buy According To Warren Buffett. Warren Buffett is an American businessman, investor, and CEO […]
ARK’s daily email disclosure revealed the firm has bought 2.1 million shares in Skillz, worth an estimated $20.8 million.
- Motley Fool
Retiring with a million dollars is a good goal. A larger or smaller sum might work well for you, but for many, if not most, of us, a million dollars will go far. If you apply the flawed-but-still-useful 4% rule to it, withdraw 4% of that million dollars in your first year of retirement, and adjust the withdrawal for inflation in each successive year, the money stands a good chance of supporting you for several decades.
David Tepper shuns stock market: ‘Sometimes there’s times to make money … sometimes there’s times not to lose money’
David Tepper, billionaire investor and one of the world’s top hedge-fund managers, isn't a fan of the stock market, right now.
- Business Insider
Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes.
The "Shark Tank" star and billionaire owner of the Dallas Mavericks celebrated how crypto has encouraged millions of young people to invest.
A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets wired $83.5 million on Friday to make an overdue payment to foreign bondholders, a government newspaper reported.
In most cases, paying off debts early is a smart financial idea, as you'll save money on interest owed. But when it comes to a mortgage, this isn't always the case -- in some cases, you may be...
Baby boomers have been in the midst of a retirement boom for more than a decade, but the pandemic has accelerated it, adding new hazards.
Watchdog says ‘substantial reason to believe’ that congressman’s wife used insider info in stock trade
A congressional ethics watchdog has concluded there is “substantial reason to believe” that the wife of Pennsylvania Rep. Mike Kelly used nonpublic information gained through her husband's position in Congress to purchase stock last year, a likely violation of federal law and House rules.
- Motley Fool
Adding shares to your portfolio in fast-growing businesses is an exciting way to play the stock market. Witnessing these companies boost their revenue and earnings as they steal market share and gain customers in their industries is rewarding for any investor to see. Continue reading to learn why Capri Holdings (NYSE: CPRI), Crocs (NASDAQ: CROX), and Petco (NASDAQ: WOOF) are all solid growth stocks you should consider buying.
(Bloomberg) -- Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next SummerConsumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker
- American City Business Journals
Investors sent Intel stock further into the red as company executives outlined aggressive spending plans on a conference call with analysts. Intel stock (Nasdaq: INTC) was down at times more than 9% despite a mixed third quarter financial performance that saw the company beat expectations on earnings per share. The major sticking point appeared to be around a dip in gross margins that CEO Pat Gelsinger said would be down for two to three years while the company spends to get back to a leading edge product position.
- American City Business Journals
Wells Fargo CEO Charles Scharf was in Phoenix on Friday and in an exclusive interview he spoke to the Business Journal about the bank's role in pandemic recovery, the path ahead on regulatory issues and why Phoenix is an important market.
Bulls, take note. We had a rough period, but now the S&P 500 has bumped up to another record high, and the NASDAQ is hovering just below its all-time record. Markets are trending back up after a ‘September swoon,’ giving investors an opportunity to buy in at the start of an upward cycle. But the trick is, how to recognize the stocks that are set to gain? That’s no mean trick, really, as we have a number of headwinds threatening to push stocks back down. For investors looking to find solid return
Being frugal is admirable. Being cheap is not. When you're frugal, you make wise and careful decisions with your money without painful sacrifices. When you're cheap, you're willing to sacrifice things...
(Reuters) -A merger with former U.S. President Donald Trump's new social media venture has delivered a potential windfall of $420 million for a former finance executive who has been trying for a decade to reinvent himself as a serial dealmaker. Benessere Capital CEO Patrick Orlando's stake in Digital World Acquisition Corp, the Miami-based blank-check acquisition firm he is leading, was worth $423 million on Thursday after his deal to merge with Trump Media and Technology Group was announced, according to a regulatory filing and Reuters calculations. Orlando invested only $3 million in Digital World, and is set to receive the windfall because the deal entitles him to additional compensation in shares as sponsor of the firm, the filing shows.