Paul Morigi/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. With an estimated net worth of around $147.5 billion, legendary investor Warren Buffett has built an extraordinary financial empire – making him the ninth richest man in the world (1). Now 95, Buffett has finally stepped … Read more
Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Warren Buffett is renowned for his shrewd investments, particularly his knack for buying companies with sustainable competitive advantages. However, his investment wisdom extends beyond companies and stocks. In fact, there are two non-stock investments that Buffett has made that … Read more
Looking at the long-term performance of the S&P 500, you might wonder why you wouldn’t just invest your entire 401(k) in it. The numbers are compelling: the index has averaged around 10.5% per year historically, and its returns in recent years have been even stronger. So why not just go all in? Have a financial … Read more
When a restaurant closes, it generally has no financial impact on customers, unless they had a pre-paid catering order or paid an advance for a party or other event. However, when a retail chain closes, it can have a deeper financial impact. Customers may have ordered and paid for items that were not delivered, and … Read more
Work and friendship can overlap without too much trouble – until money comes into the mix. That’s what a 35-year-old man is dealing with after his wife’s longtime boyfriend quit his job just before her benefits were due in full, then accused him of keeping quiet while she walked away with more than $50,000. In … Read more