If you’re trying to build generational wealth, you shouldn’t think about getting rich quick. It’s all about creating a portfolio of companies that are built to last. On that score, you should keep old favorite Coca-Cola (NYSE: KO) and relatively young Chipotle Mexican Grill (NYSE: CMG) on your wish list, while Hormel Foods (NYSE: HRL) […]
Warren Buffett’s Weekly Dividend Earnings Exceed $47 Million: The Top 3 Stocks Driving His Wealth American business owner Warren Buffett, founder of multinational conglomerate holding company Berkshire Hathaway, collects $2.1 billion in dividends from just three stocks. Here are the three stocks driving his growing wealth. Don’t Miss: Affectionately known as the “Oracle of Omaha,” […]
Investors who strive for a specific investment return should love dividends because they are concrete returns you can’t lose once paid. For example, suppose you want to earn 10% on a stock you own for a year. If that stock pays a dividend yielding 5%, you’re already halfway to your goal! You can rest easier […]
Toyota has invested nearly $14 billion into its Liberty, North Carolina, “megasite” for EV batteries. Plans for the site were initially announced back in 2021, along with a $1 billion commitment. This was prior to the Inflation Reduction Act’s launch, which earmarked $369 billion in federal investments to help fight the changing climate. Since then, […]
Warren Buffett.Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett revealed he owns about $600 million of assets apart from Berkshire Hathaway stock. The investor said his Berkshire A shares, worth $127 billion, represent 99.5% of his net worth. He likely keeps most of his remaining wealth in his private portfolio of stocks and bonds. Warren […]
hobo_018 / iStock.com Layoffs are a fact of life in the modern economy — even when the economy is growing and unemployment is low, like now. The list of companies that have announced layoffs this year alone reads like a “who’s who” of corporate titans and includes Amazon, Walmart, Microsoft, Alphabet (Google), Tesla, Bristol Myers […]
Warren Buffett believes the vast wealth gap in America is due to 1 ‘inevitable consequence’ Unlike most billionaires, Berkshire Hathaway Chairman and CEO Warren Buffett has always been a vocal advocate for working class Americans. He famously suggested raising taxes on wealthy individuals like himself and recently claimed that no American would have to pay […]
At a time when it was extremely difficult for Black families to purchase homes and utilize government benefits, my grandfather accomplished an almost impossible feat: He used the GI Bill after World War II and bought a house. For three years, I’ve researched the Black-white wealth gap. In interviews with Black families, I learned that […]
©Dave Ramsey If you want to generate a steady stream of money with little effort, passive income is the way to go. While getting started with passive income — money not derived from active involvement such as a salary — can initially be time consuming, once it’s in place, you can just sit back and […]
Robert Kiyosaki and Ken McElroy have $2 billion in debt between them, but they’re not worried. How debt can grow wealth Being in debt is always bad, right? Ken McElroy and Robert Kiyosaki don’t think so. McElroy, a real estate entrepreneur, and Kiyosaki, a businessman and best-selling author of Rich Dad, Poor Dad, recently made […]
Colombia Emerges as the Wealth Hub of Latin America In defiance of misconceptions and global trends over the past five years, the number of millionaires in Colombia has grown by 39%, whereas worldwide they declined by 0.3%. Despite a global recession, regional economic volatility and Colombia’s internal instability and drug wars, the number of millionaires […]
By Xie Yu HONG KONG (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent […]