When rich people borrow, they do so because they want to improve their overall financial situation, and they can do that by leveraging the money lenders provide. Or they might use a margin loan to invest more money in the stock market so they can try to earn a higher return. For example, it's common for rich people to take out mortgages.
The battery start-up might reach its ambitions sooner than expected.
While the energy sector has gotten off to a hot start this year, opportunities in master limited partnerships (MLP) stick out from the crowd.
Intel was hit with more bad news that has enormous implications for investors.
Energy Transfer has a huge 8% yield, but you'd be better off with this still massive, 7.3%-yielding alternative.
Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and can’t.
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
Apple has been Berkshire's top stock for nearly a decade.
“I don’t have a financial adviser because no one‘s going to take $25,000.”
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
Bluesky is now allowing users to personalize their main Discover feeds. The social network is rolling out an updated version of its app that lets users offer feedback about its algorithmic feed so they can better customize it using "Show more like this" and "Show less like this" buttons in a post's menu to choose which content the algorithm surfaces. The change will help Bluesky users create a timeline that takes into consideration their own preferences, not what the company thinks they should see.