Tag Archives: Personal Finance

As per reports on January 28, 2020, CEO of Apex Clearing, Bill Capuzzi, stated that it is interesting to witness how the investing habits of millennials have shifted over the past year, claiming that millennials have proven to be unique and differed from their generational counterparts.Apex Clearing has disclosed the fourth-quarter Millenial 100 report that analyzed over 734,000 portfolios possessed by U.S.-based investors with an average age in the region of just 31 years. The result was...

MacKenzie Bezos, the ex-wife of Amazon founder Jeff Bezos, has sold $400 million worth of the Amazon stock. The news has come from a filing that Jeff Bezos made with the Securities and Exchange Commission.According to the filing, Jeff Bezos retains sole voting authority over MacKenzie Bezos’ stake that stands at nearly 19.5 million Amazon shares. Notably, it is 200,000 fewer shares than MacKenzie received of their divorce. Those 200,000 shares are worth about $400 million at the current...

Bitcoin big whale and advocate, Tim Draper, has reiterated his stance that Bitcoin (BTC) is one of the best investment vehicles in the world and as such, has encouraged millennials to latch onto the Bitcoin movement and enjoy the many benefits of the digital currency.Millennials have been encouraged to key into the many benefits that abound in Bitcoin as it could be their wisest decision at retirement age.Billionaire Tim Draper who was one of the earliest investors in the virtual currency...

Tesla CEO Elon Musk has been tipped to break the trillionaire threshold before Jeff Bezos, Bill Gates or any other contemporaries following Tesla’s recent landmark in breaking the $100 billion market cap level after skyrocketing rise of the company’s stock price.Should We Be Getting on the Musk Train?Elon Musk rests rightly as one of the biggest celebrity entrepreneurs in the world and has amassed an enormous cult following over the years. Fanatics are at their constant best with bullish...

Easily one of the world’s richest people, Bill Gates says charity is the best way to spend his money. According to the entrepreneur and philanthropist, there really is no better way to spend the amount of money a billionaire makes.In a recent CNBC report, Bill Gates says that figuring out the best way to spend a ton of wealth can be pretty challenging. The report suggests that this could be a lot more challenging than the benefit of being able to buy anything you want with the...

Oxfam International in a recent report has highlighted how deeply inequality affects the global economy. The charity says that the disparity in wealth distribution, especially as it relates to gender, is a huge problem. Oxfam also adds that this situation is worsening and needs to be curbed.Wealth DisparityThe report, called “Time To Care” exposes a few facts about the global economy. For example, 2019’s richest 2,153 people in the world were richer than the poorest 4.6 billion people...

Less than 4 months ago, the readers of Forbes magazine were able to see Bernard Arnault having 102 billion. Back then, the man told that he’s small compared to Microsoft. However, today Bernard has 7 billion dollars more than Bill Gates himself. Bill is the third biggest money owner on the planet. And the second one is Jeff Bezos. Yes, he has again lost his status of the richest person of the planet, this time not to Gates but to Arnault.And one only can wonder what those rich people do with...

The world’s largest job and recruiting website Glassdoor has published its annual list of the 50 best jobs in America for 2020. The top seven spots on Glassdoor’s list of best jobs are taken by tech jobs that appeared there 20 times.The list begins with a front-end engineer outranking data scientist that was holding the top spot since 2016. Making the list of best jobs, Glassdoor considers the following factors: a very strong salary of over $100,000, over 13,000 open positions around the...

Recently, British Prince Harry and his spouse Meghan Markle announced their departing from the royal family. Besides, they stated they would work to become financially independent. In this regard, we have decided to look at possible sources of Harry and Meghan’s income.In their official statement, the couple wrote:“After many months of reflection and internal discussions, we have chosen to make a transition this year in starting to carve out a progressive new role within this institution. We...

Tatcha, a $500 million skincare company, has origins that can be traced to Starbucks. As different as both lines of business are, the founder’s experience in the coffee-making behemoth, prepared her for the future. This was a future founder Vicky Tsai, who quite easily scaled, thanks to hands-on experience with Starbucks.Tatcha – Starbucks OriginsTsai’s yearning for business success was a key ingredient in her decision to attend the Harvard Business School. Leaving for Shanghai almost...