Witthaya Prasongsin | Moment | Getty Images Irish author James Joyce wrote in his novel “Ulysses” that a genius makes no mistakes. “His errors are volitional and are the portals of discovery,” he wrote. Talk about hindsight being 20/20. Joyce’s spin aside, mistakes can indeed be learning experiences — and we all make them, especially
Getty Images It’s no secret the holiday season brings on more financial stress for many consumers. And one group — millennials — are the most susceptible to taking on more debt to keep up, according to a new survey from CreditCards.com. The survey found that more than half of the people in that generation —
Getty Images | Hero Images A side hustle can be a good way to make some extra cash, stretch your entrepreneurial wings and perhaps eventually become a full-time business owner. It can be anything from blogging to being an Uber driver or a handyman. A side hustle is usually in addition to another “main” job.
An interview and Q&A with billionaire business magnate and CEO of LVMH, the world’s largest luxury goods company, Bernard Arnault. In this interview, Bernard discusses how he first entered the luxury goods business and how he gained control of LVMH, building it into the largest luxury goods company. Bernard also talks about how he enters
Families Need More Financial Help, Unions Can Deliver Getty A lot of American working-class families struggle financially. A range of organizations thus encourage employers to help their employees gain more financial security. The goal is to provide families with some peace of mind, so that they become better at their jobs. Real employee financial security
Single-family rentals (SFRs) have long been an asset class that’s dominated by mom and pop investors. Even with the rise of institutional investors that began investing heavily in SFR during the post-recession years, small-scale investors still remained king. Today, less than 2% of all SFR homes are owned by institutional investors. Meanwhile, 87% are owned
An interview with value investor and author, Joel Greenblatt. In this interview, Joel discusses where he thinks the market is and how he values a stock. Joel also talks about the future of value investing and the importance of patience in waiting for the market to move to a valuation. ? Books by Joel Greenblatt
Ryanair‘s CEO Michael O’Leary said that rival airline Norwegian is bound to go bust sooner or later, claiming that the company is “doomed.” Never one to mince his words, O’Leary told CNBC Monday that the rival budget European airline Norwegian was saddled “with enormous debts.” “We’re seeing the emergence of four or five large airlines
J.P. Morgan says foreign exchange deposits into Singapore’s banks have ramped up “quite sharply” in recent months. It comes amid growing unrest in Hong Kong which has reportedly driven investors and companies to move their money elsewhere. Singapore has been said to be a direct beneficiary of the unrest in Hong Kong, with some bankers
Covering five countries on three continents in the span of 34 days, a ski trip launching this December lets people experience some of the best glacier runs and off-piste heli-skiing on the planet. The trip is designed for wealthy travelers as well as those seeking new cultural experiences, said Kirsty Edwards, head of operated ski
Ken Fisher Crystal Mercedes | CNBC Fidelity has terminated a $500 million relationship with Fisher Investments, bringing the total yanked from the money manager to almost $1.8 billion. Officials at the giant Boston-based asset manager confirmed it would end its relationship with Fisher on Monday, in light of inappropriate comments founder Ken Fisher made at
Each October, the U.S. celebrates National Women in Small Business Month. According to the National Association of Women Business Owners, more than 11.6 million women-owned businesses are making a positive impact on the American small business landscape. Data shows that since 2007, the number of women-owned firms has grown at five times the national average,
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this interview, Warren discusses his strategy for investing in the stock market and the difference to those who speculate. Warren also talks about his life philosophy of not having material goods in excess and the importance of working with others you like. ?Books
By Alexandra Kathryn Mosca, Next Avenue Contributor Getty From the time I could first hold a pen, it was my dream to make a living from the written word. As a child, I was awed by the power of books and the worlds they opened. My career path, however, took a very different turn — until
What is “real estate,” really? Most people might say it’s the land and/or structures appurtenant to it. I agree with that (I should; I came up with it) but I think owners should also consider what is referred to as the “bundle of rights” theory. This is where all the rubber hits the road: People
A documentary on billionaire hedge fund manager and founder of Tudor Investment Corporation, Paul Tudor Jones. This documentary follows Paul predicting the 1987 stock market crash and his trading behaviour. It also shows his frantic lifestyle and thoughts on philanthropy. ? Paul Tudor Jones favorite books are located at the bottom of the description❗ Like
Weaving through Manhattan’s busy traffic can be a pain — especially for travelers rushing to catch a flight. But now, passengers starved for time have another option: Uber’s helicopter taxi service. The Uber Copter, which was rolled out to all users on October 7, zips passengers from lower Manhattan to John F. Kennedy (JFK) International
Long-time market bull Edward Yardeni is concerned stocks are getting too expensive. If the S&P 500 forward earnings multiple ticks to 19 or 20, the Yardeni Research president warns a it could spark a “nasty correction.” Right now, the index is at 17. The historic norm is 15 to 16. “I just don’t want too
(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) We’re now more than halfway through earnings season, but there are still a number of companies set to report quarterly results in the coming weeks. When it comes to names on deck
From left, Utah Valley University students Colton Peck, Doug Macdonald and McKenna Jacobsen. Together, they took first place in the Financial Planning Challenge at the Financial Planning Association’s annual conference in Minneapolis last week. Utah Valley University When Colton Peck started school at Utah Valley University, he was set on being an accountant. But after