Billionaire Mark Cuban is mostly investing in cryptocurrency nowadays. “The investments I’m making now are not in traditional businesses,” Cuban said on a recent episode of “The Problem With Jon Stewart” podcast. In fact, “80% of the investments that I make that are not on ‘Shark Tank’ are in or around cryptocurrencies.” One type of
Wealth
Common biases that lead to bad money moves Morningstar’s behavioral finance research team found that nearly all Americans show at least one of four common biases, and that higher levels of these biases directly correlate with worse financial outcomes compared to peers, including poorer credit scores and lower balances in savings and investing accounts. The
When considering any cryptocurrency investment, billionaire investor Mark Cuban looks for utility in each project. That’s why, to him, “tokens trading are the least important part of crypto,” he tweeted on Tuesday. Instead, Cuban sees smart contracts, or collections of code that power decentralized applications, and how they’re used within projects as the most important
Covid’s omicron variant is currently tearing through the U.S. and the rest of the world at a record-breaking pace — but Bill Gates sees hope on the horizon. Once the current surge abates, countries can expect to see “far fewer cases” through the rest of 2022, Gates wrote on Tuesday during a Twitter Q&A with
Excelling in college and getting a good job was the only path Boston native Caroline Vo, now 36, felt she could follow. “I come from Vietnamese immigrant parents: It was very much ingrained that you go to school, work hard, get good grades, and then you go to college, get a good job, and kind
Last year wasn’t a stellar year for travelers. Perhaps that’s why so many are pinning their hopes on 2022. Travel bookings and inquiries are surging, say travel insiders, in an upward trajectory that, if realized, may both benefit and challenge travelers in the coming year. ‘People want to make up for lost time’ Travel
Theranos founder Elizabeth Holmes, center, and her family leave the Robert F. Peckham Federal Building and U.S. Courthouse after the jury found her guilty on four counts in San Jose, Calif., on Monday, Jan. 3, 2022. Dai Sugano | MediaNews Group | Getty Images Former Theranos CEO Elizabeth Holmes, who was convicted of federal fraud
Actor, producer and entrepreneur Kevin Hart is the one of world’s highest paid stand-up comedians and owns a successful venture capital firm — but he didn’t get where he is in the business world without learning from his mistakes. On Friday’s episode of ABC’s “Shark Tank,” the guest Shark turned down an offer from Candi
In this article VOYA Nearly 1 in 5 Americans admit they saved no money at all in 2021, according to a survey by MagnifyMoney. Saving can be especially difficult for low- and middle-income consumers. Of those making $35,000 or less a year, nearly one-third of respondents said they saved no money at all last year,
Millions of people canceled their travel plans in 2021 as Covid-19 halted international trips around the world. Renee Miller and Tim Beissinger were not among them. The pair are “thru-hikers,” a term which describes a style of hiking that starts and ends in different places, while often covering long distances. Rather than staying at home,
We all want money — some of us dangerously so. Thankfully, there are simple and powerful ways to get rich without gambling your hard-earned savings. For sure, they won’t all just stick in your brain. And many will change over time as Uncle Sam reforms our taxes and benefits, and as new and better financial
The pursuit of the American dream has been a part of my story from the beginning. If not for the courage of my family, I wouldn’t be here. My mom sacrificed to have me stay in America so I could take advantage of every opportunity available. As a first-generation Haitian American, education was always viewed
According to billionaire investor Ray Dalio, it’s reasonable for everyday investors to hold a small amount of bitcoin, the largest cryptocurrency by market value. So how much exactly? On a recent episode of the We Study Billionaires podcast, Dalio was asked by co-host William Green whether allocating 1% to 2% of one’s portfolio to bitcoin
Billionaire investor Ray Dalio has been outspoken about the value of self-awareness for years. But on a December episode of the “Lex Fridman Podcast,” when asked what advice he had for young people, Dalio clarified a group’s talents are more fruitful when its members know each other’s strengths and weaknesses, and how to “work well
Wondering how you can set yourself on the path to financial stability? As the former head of retirement at JPMorgan Asset Management, I saw many paths to retirement and the crucial steps — or missteps — that people made at each stage of their investment journey. Here are six key financial mistakes I’ve seen folks
On the basketball court, Dwyane Wade is a bona fide expert. Off the court, the three-time NBA champion has learned to question everything. On Monday’s episode of the “Armchair Expert” podcast, Wade told hosts Dax Shepard and Monica Padman that he became interested in business early in his basketball career. The move was prompted by
Justin Sullivan | Getty Images The Powerball jackpot just won’t quit. Through 38 drawings over three months, no ticket has managed to match all six numbers drawn. For Monday night’s drawing, the jackpot is now $540 million. Yet the prize still isn’t enough to vault it into the top 10 largest lottery jackpots. The crown
Plenty of people make New Year’s resolutions. Bill Gates isn’t one of them. “I’ve never been a big New Year’s resolution person. I don’t have any specific goal in mind for 2022,” the 66-year-old billionaire Microsoft co-founder wrote in his annual end-of-year blog post last month. “But what I do hope is that next year
While Michelin-starred meals can cost just $1.50 per plate, most restaurants that have earned the prestigious award charge much more. Many cost $300-$400 for one meal, but some command even higher rates. To find the most expensive Michelin-starred restaurants, the cooking website Chef’s Pencil researched dinner tasting menus in more than 450 restaurants around the
When you start a new job, you’ll often get a rundown of the company’s history and culture. Usually, though, that information isn’t coming from one of the wealthiest people on the planet. In 1994, Microsoft made an orientation video for new employees that prominently features co-founder Bill Gates, who was already fabulously wealth at then-age
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