How many credit cards is too many? And is there a “right” number for how many credit cards to hold? This is the question we address in today’s pull from the Reddit mail-file. Today’s…
The Nasdaq Composite Index touched an all-time high in January. Despite tumbling shortly thereafter on fears that China’s DeepSeek AI would upset the artificial intelligence apple cart, it’s recovered nicely in February, and is…
Take two revolutionary automotive companies, roughly similar in size, with similar amounts of net cash on the balance sheet, but neither one profitable, and both burning cash at phenomenal rates. How would you go…
Brevity, they say, is the soul of wit. So today, gaze in wonder upon this Reddit post which, in just 61 words, describes how one custodial worker managed to triple his salary in just…
Stop me if you’ve heard this joke before, but it’s a real hoot if you haven’t. Back in the mid 20-teens, as the Federal Reserve kept interest rates low and most banks, taking their…
I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), where the tax benefits of contributing to a 529…
Reddit is a funny place, an online forum apparently populated primarily by millionaires seeking free financial advice from strangers on the internet. (Hint: Never rely exclusively on advice from strangers on the internet, myself…
I have a secret I want to share with you. Ever since DeepSeek broke on the world stage three weeks ago, and instantly subtracted $600 billion from Nvidia’s (Nasdaq: NVDA) | NVDA Price Prediction…
Stock markets took a tumble earlier this year, giving up much of their gains from November, when removal of uncertainty as to the next resident of the White House helped allow stocks to rise.…
AppLovin (NASDAQ: APP | APP Price Prediction) is soaring after crushing expectations in its 4th quarter earnings release and Wall Street analysts are in a frenzy updating their price targets to adequately evaluate the…
Brad Gerstner is an American investor and hedge fund manager. In 2008, he founded Boston-based Altimeter Capital, which he remains the chairman and CEO of. The hedge fund controls $10.713 billion in assets under…
Philippe Laffont is the founder and portfolio manager of Coatue Management, a hedge fund and venture capital firm that maintains a focus on technology-themed investing and lifecycle investing. Coatue Management, which has $46 billion…
Bill Ackman is an American billionaire hedge fund manager, who has amassed a net worth of $9.2 billion. The Harvard Business School graduate is the founder and CEO of Pershing Square Capital Management, which…
Personal finance guru Dave Ramsey famously became a millionaire before he turned 30 by investing in real estate, taking on large debts in the process. He then lost it all when his banker called…
Maybe it’s because of where Reddit grew up, in the high-cost city of San Francisco. Maybe it’s because so many of its early users were high-earning tech worker types. Whatever the reason, Reddit has…
File today’s Reddit discussion under the rubric “nice problems to have.” Our caller this morning, let’s call her “Jan”, put an image up on Reddit showing that she currently has 4,078,926 Chase Sapphire credit…
Stock markets got a bit of a shock on Friday after a University of Michigan survey showed consumers are anticipating inflation to rise in 2025, potentially depressing consumer spending and dissuading the Fed from…
If you’re not afraid of a little NSFW language, and are in the mood to hear a Gen Z success story, then sit back and enjoy today’s tale (courtesy of Reddit) of how one…
It seems an obvious idea today, now that it’s been expressed, but Charles Dickens is said to be the first author to put into words the advice: “Never say never” (in his first novel,…
For three quarters running, Alphabet (Nasdaq: GOOG) (Nasdaq: GOOGL) | GOOG Price Prediction has surprised and delighted its shareholders with estimate-beating earnings reports. On Tuesday, February 4, Google’s parent company will attempt to “do…
