Travelers who fantasize about owning a superyacht may be able to turn their dreams into reality — at a much lower price. Residential yachts, as they are called, are essentially apartment buildings at sea. Buyers purchase apartments on massive yachts, rather than own and operate their own smaller vessels. Once most of the apartments are …
The cheapest way to ‘own’ a superyacht? Buy an apartment on one Read More »
You might admire Bill Gates’ workhorse mentality or Elon Musk’s brazen attitude and ideas, but also feel conflicted about wealth inequality. Now, psychologists and marketing experts can explain that disconnect. The Ohio State University and Cornell University published new research on Monday showing why people tend to admire individual billionaires, but dislike the socioeconomic class …
eyetoeyePIX | E+ | Getty Images A frequent question that I get asked as a financial advisor revolves around paying off debt versus investing when the opportunity arises. Typically, someone has some extra money as the result of a bonus, tax refund or some other windfall. However, as we have worked our way through the …
Op-ed: Should you use extra cash to invest or pay off debt? Here are some options Read More »
If you’ve ever received financial advice, you’re likely to see a lot of the same traditional advice over and over. That’s because the world of personal finance can be esoteric and even scary, and the experts dispensing that advice want to impart the strategies that work the best for the majority of people. More from …
3 traditional rules for building wealth — and when experts suggest you break them Read More »
Rupert Murdoch Drew Angerer | Bloomberg | Getty Images SAN JOSE, CALIF. — Theranos sent binders claiming the healthcare company had “the highest levels of accuracy” to high-profile investors, including billionaire Rupert Murdoch, according to court testimony on Tuesday. Elizabeth Holmes once had some of the most powerful business leaders in America backing her start-up, …
Photo by Mike Kline (notkalvin) | Moment | Getty Images House Democrats proposed a rule to forbid Roth conversions for the wealthy as part of a broad package of tax increases on affluent Americans. But there’s an irony in the proposal, according to tax experts. A Roth conversion is a mechanism that allows taxpayers to …
Many people dream of starting a new life in a new country. But problems, such as earning money, finding a place to live and meeting people, hold them back. Here are two women travelers who didn’t let these details stop them from moving to Europe — and how they feel about their decisions today. From …
These travelers moved to Europe despite knowing no one — here’s how they make a living Read More »
Colin Powell accomplished his goals by adopting a handful of key life principles along the way. Thirteen of them, in fact. On Monday, Powell — the country’s first Black Secretary of State, chairman of the Joint Chiefs of Staff and national security advisor — died from complications from Covid-19, his family wrote on Facebook. He …
Colin Powell: ‘Get mad, and then get over it,’ and 12 other rules he lived and worked by Read More »
The wealthiest 10% of Americans now own 89% of all U.S. stocks, a record high that highlights the stock market’s role in increasing wealth inequality. The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the Covid-19 pandemic, while the bottom 90% added $1.2 trillion, according to the latest data …
The wealthiest 10% of Americans own a record 89% of all U.S. stocks Read More »
The Securities and Exchange Commission is set to let the first U.S. bitcoin futures exchange-traded funds start trading next week, since the SEC isn’t likely to block the ETFs proposed by ProShares and Invesco, CNBC reported on Friday. But billionaire Mark Cuban won’t be investing. When asked whether he’d buy the ETFs once they were …
Mark Cuban says he won’t invest in a potential bitcoin futures ETF: ‘I can buy directly’ Read More »
Elizabeth Holmes (L), founder and former CEO of Theranos, leaves the courthouse with her husband Billy Evans after the first day of her fraud trial in San Jose on Sept. 8, 2021. Nick Otto | AFP | Getty Images ]SAN JOSE, CALIF. — Daniel Edlin, a former Theranos project manager who was friends with Elizabeth …
Zoom In IconArrows pointing outwards Perrier Jouet 1874 Source: Christie’s WASHINGTON – An exceptionally rare bottle of Champagne is headed to auction. Christie’s London will auction a collection of vintage Champagne from Perrier-Jouet on Dec. 2 and 3. Among the cuvees stands an 1874 vintage of Perrier-Jouet Brut Millesime that is expected to fetch up …
A rare 147-year-old bottle of Champagne will go up for auction at Christie’s this year Read More »
Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, on Wednesday, Oct. 6, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — As Theranos’ troubles were mounting in 2014, the blood-testing start-up hired a dermatologist with no board certification in laboratory science or pathology to become …
Theranos hired its president’s dermatologist as lab director in 2014, testimony shows Read More »
Christian travelers visit Jerusalem to retrace Jesus’ final footsteps along the Via Dolorosa, Muslims to revere the Dome of the Rock, and Jewish people to insert written prayers into the cracks of the Western Wall. Some people do all three. Come December, travelers will have a new option available to them when visiting Jerusalem. They …
Are MBAs worth it? It depends on many factors, like whether you have the money, time and willingness to commit. In 2015, I enrolled in The University of Florida’s online MBA program, all while working a full-time job in finance. The degree cost me $60,000 and took two years to complete, but it gave me …
Success can come from moments when everything goes wrong, just as much as when everything goes right. “If I would have understood that, it would have helped me so much earlier on in my career,” Daymond John, the “Shark Tank” star and founder of apparel company FUBU, tells CNBC Make It. John has come a …
Daymond John: Successful people have no ‘magic wand’ – here’s what it takes Read More »
In this article WBA Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, California. September 8, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. — A defense attorney for embattled Theranos …
It’s a big week for Jeff Bezos’ inner “Trekkie.” On Wednesday, the Amazon and Blue Origin founder lived out something of a childhood fantasy by launching Captain James T. Kirk — that is, the “Star Trek” actor who portrayed Kirk, 90-year-old William Shatner — to the edge of space in a Blue Origin New Shepard …
A macro of a Rolex Explorer II GMT watch. xrrr | iStock Editorial | Getty Images A rush of companies are vying to become the eBay of high-end horology — including the storied online marketplace itself. Demand for high-end watches exploded during the Covid-19 pandemic. But the Big Four watch brands — Rolex, Patek Philippe, …
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — Former Safeway CEO Steve Burd said on Tuesday that his company knew it was taking a risk by partnering with blood-testing start-up Theranos, …
