Wealth

First, Ray Dalio foresaw the 2008 financial crisis. Then, he predicted years of long-term financial strain on the U.S. economy from the Covid pandemic. Now, the 72-year-old billionaire investor who built Bridgewater Associates into the world’s largest hedge fund is warning of a new economic catastrophe on the horizon — and he wants you to
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Billionaire investor Charlie Munger still isn’t a fan of cryptocurrency. “I wish they’d never been invented,” Munger said at the Sohn conference in Sydney on Friday, according to The Australian Financial Review. “I admire the Chinese, I think they made the correct decision, which was to simply ban them,” Munger added. This year, interest in
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skynesher After last year’s pandemic-related restrictions, many Americans are ready to embrace the holidays. But people should also invest a little time to get a jump-start on the upcoming tax season. There are still opportunities to lower tax bills, such as 401(k) contributions, tax-loss harvesting, charitable giving or Roth individual retirement account conversions. However, filers
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In this article BRLT SIG 31-year-old Marc Hostovsky ended up purchasing his fiancee’s engagement ring online, after he was bombarded with targeted social media ads. Source: Marc Hostovsky Before he proposed to his now-fiancee last fall, Marc Hostovsky spent weeks scouring the internet for information around the “4 Cs” of diamonds — cut, clarity, color
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House Democrats passed the $1.75 trillion Build Back Better Act on Friday, which includes a number of provisions for housing aid, including investments in public housing, rental assistance and down payment assistance. It now goes to the Senate, where it is likely to be revised again. In total, the legislation allocates about $170 billion to provisions
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