In terrifying markets like we’re experiencing today, the wealthy have always found smart ways to protect and grow their wealth. For example, they invest in luxury apartments in New York or London, or bars of gold.
Investment bank Morgan Stanley recently did something very peculiar: It told Google to give away one of its smart speakers to everyone in America — for free. The cost of this giveaway?
My Grandpa Ben told a heck of a good bedtime story. With a Scotch in one hand, and a well-worn book in the other, he’d put on a show as he popped his dentures in and out and acted out all the parts.
Hallelujah! With the Fed raising rates, we can finally start earning something on our cash: For example, as of this week, we can earn more than 3% on a 10-year U.S.
In 1985, when I was about to go to college, I bought myself an expensive watch. It was a brown Movado, with a brown leather band, and it cost about $150.
Fred Wilson is one of the most successful startup investors in the world. For example, he was an early startup investor in Twitter, Twilio, and Etsy — all of which are now multi-billion-dollar publicly traded companies.
Elon Musk sure knows how to make money — for himself, and for his investors. For instance, he co-founded PayPal (PYPL), which is now worth over $132 billion.