Bert

265 Flips | 7 Magazines | 64 Likes | 14 Followers | @Bert34gj | Keep up with Bert on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Bert”

My net worth is nearing $1 million — and 'stealth wealth' is the key

When I started this blog nine years ago, all I wanted to be was rich and famous so that I could buy whatever I wanted and drive my fancy cars to all my fancy houses.<p>I was 27, not married (yet), had no kids, and, quite honestly, had no idea of what true wealth meant.<p>These days, I still very much …

Bitcoin Storms Wall Street

Bitcoin traders have no time to pop the champagne anymore.<p>The crypto-rocket shot past $11,000 last week just hours after eclipsing $10,000, which …

Bad spending habits that rich people always avoid

After studying hundreds of people both rich and poor, author Tom Corley says these are the bad spending habits that rich people always avoid. Following is the transcript of the video.<p><b>Tom Corley:</b> There are some bad spending habits that the rich people avoid and that unfortunately poor people and …

How High-Net-Worth Accountants Become Thought Leaders

In a survey of 394 high-net-worth accountants, about nine out of ten of the surveyed accountants recognize the value of being a thought leader in order to enhance business development activities. While almost all the accountants say that becoming a thought leader is good for business, only about …

After asking nearly 200 self-made millionaires, I can tell you there are 3 primary ways they got rich

In my five-year Rich Habits Study, I interviewed 177 self-made millionaires. I am often asked how they got rich.<p>Essentially, my self-made millionaires fell into three distinct groups:<p>1. The Savers<p>The first group of self-made millionaires in my study saved their way to wealth. These Savers …

1 Out of 56 People in This City Has at Least $30 Million

Engulfed by wealth.<p>One in every 20 Americans is a millionaire. For residents of Monaco, that’s peanuts.<p>The European city-state now boasts one …

I Won the Lottery and I Need Help. No, Really!

Winning the lottery can be a bolt of amazing luck. But whether the luck lasts depends on whether lottery winners fritter away their unexpected largess or manage to achieve financial security.<p>When Alcario and Carmen Castellano won $141 million in California more than a decade ago, they were …

A Self-Made Billionaire Reveals the 1 Mental Hurdle That You Must Overcome to Reach Your Potential | Inc.com

Billionaire Ray Dalio founded Bridgewater, one of the world's largest and best-performing hedge funds. A true entrepreneurial success story, Dalio started his company in a two-bedroom apartment. He was a self-described ordinary kid and worse-than-ordinary student. Forty-two years after starting his …

Self-improvement

The Powerball jackpot is now $700 million — here's Mark Cuban's advice for the winner

That makes it the second-largest lottery jackpot in US history. The largest was $1.6 billion in January 2016.<p>Back then, Business Insider reached out to the billionaire Mark Cuban to ask about his tips for lottery winners.<p>He shared the advice he gave his local paper, The Dallas Morning News. While …

Mark Cuban

2 Leading Quality ETFs

In a recent article, I introduced a "sixth way to beat the market", demonstrating the long-run structural alpha delivered by quality stocks. This …

Investing

Hedge Funds Holding Bitcoin Beat the Market

Hedge funds have had a difficult year. Stock market volatility (especially the S&P 500) has squashed gains for most “smart money” funds, except for …

Silver, Platinum and Palladium as Safe Haven Investments

<b>Silver, Platinum and Palladium as Safe Haven Investments</b> <b></b> <b>- Silver, platinum and palladium see increased role as investment vehicles</b><b><br>- Increase in</b> …

'Exceptional Stability' - Stock Market Volatilty Plunges To 21-Year Low

How much longer can this hope-filled balloon be held under water?<p><b>'Exceptional Stability'</b><p>As Bloomberg notes, <b>swings in U.S. stocks have become</b> …

How to invest in stocks and funds for the first time: The easy guide to growing your money

When it comes to the stock market, young people are getting seriously mixed messages.<p>On one hand, you maybe know you're supposed to own stocks — or …

Investing

Square Opens At $11.20, Up 24% On Its IPO Price Of $9, Raising $243M

Square made its debut on the New York Stock Exchange this morning with a little pop. Trading as $SQ, the payments company opened at $11.20 per share and continued climbing. Last night the company priced its IPO at $9, an offering that raised $243 million and valued the company at around $2.9 …

Wall Street's brightest minds reveal the most important charts in the world

As many of the charts in our latest collection from some of Wall Street's top strategists show, questions right now center on what the future holds for the US economy, for emerging markets, and the Federal Reserve.<p>The last time we ran this feature back in February, the world looked different. The …

UPDATE 1-Valeant stock rebounds, but allegations shrink CEO's fortune | Reuters

(Recasts with CEO’s stock losses, fresh comment from analyst, share activity)<p>By Rod Nickel<p>Oct 23 (Reuters) - Valeant Pharmaceuticals Inc shares rebounded on Friday from four days of steep losses over allegations of fraud, which it denied, but this week’s stock selloff has already cost the company’s …

Brokers called 'Big Nose' and 'Lord Libor' are being accused of rigging rates

LIBOR — or the London interbank offered rate — is the daily measure meant to show the rate at which banks will lend to each other and is used to set the price of hundreds of trillions of dollars worth of financial products.<p>The scandal of traders and brokers rigging the rate to benefit their own …

The last two times this happened the US was already in a recession

Chinese President Xi Jinping awaits the arrival of US Secretary of State John Kerry for a meeting at the Great Hall of the People in Beijing, China, May 17, 2015.<p>REUTERS/Saul Loeb/Pool<p>But what's different this time?<p>Revenues of the companies in the S&P 500 have been declining all year. Companies and …

Stock Markets

What's keeping this 30-year-old super saver from buying a home?

Daryl Marritt paid off a $47,000 student debt in one year while earning a salary of $45,000.<p>The 30-year-old from Brampton, Ont., then turned his attention to saving. Using low-cost index funds, he maxxed out his tax-free savings account and put a whack of money in his registered retirement savings …

Articles about 8 rooftop oases on Dwell.com - Dwell

These urban refuges effectively use greenery, water features, and delicate lighting in every inch of their modest spaces to...<p>Streamline your plumbing and simplify your bathing ritual with inspiration from these minimalist bathrooms in the Dwell canon.<p>In the hands of artist Livia Cetti, simple …

Buy and hold investing works, even when it looks like it's not

What I failed to mention in this tweet is that in order to earn that 93% gain, an investor would have had to first endure a 45% loss. There's always a catch when looking back at historical market data.<p>One of the responses I received on this was that it's impossible for an investor to ride it out in …

China's counting on 'kicking the can down the Silk Road'

China's "Silk Road" project is a possible global growth booster. Yale Professor Valerie Hansen, who wrote a 2012 book titled The Silk Road: A New History, discusses the implications of this project in a 7/17 The Indian Express article titled "What the Silk Road means today." She wrote: "The Silk …

China's real estate market could trigger the next global crash

But the ultimate trigger would be the bursting of the greatest bubble in modern history - China!<p>QE works to some degree but less and less over time, like any drug. I have been looking for something to go wrong that further QE in developed countries like the U.S., Europe, and Japan could not …

Large tech companies side with Samsung in its appeal against award for infringing Apple’s patents

In the latest news in the patent case that feels like it will never end, a number of tech giants have taken Samsung’s side in its appeal against the damages it was ordered to pay for infringing Apple’s patents.<p>It’s almost three years since Apple was awarded $1B in damages after a jury found that …

Hisao Tanaka stands down at Japanese electronics firm as finance minister warns the scandal risks damaging market’s trust in country<p>Toshiba’s boss has quit the Japanese conglomerate over a 152bn yen (£780m) accounting scandal that the government said threatened to undermine investors’ confidence in …

Corporate Culture

Here's a simple explanation of why Chinese stock markets are in free fall right now

The reason behind the crash is this: Millions of ordinary Chinese citizens poured borrowed cash into shares, which inflated prices to unsustainable levels.<p>When prices began to dip, these investors were forcing to sell shares to pay back the borrowed money and cover losses. That vicious circle of …

Fresh from being bought by Verizon, AOL is reportedly preparing to acquire mobile ad tech company Millennial Media for $300 million

TechCrunch reports AOL is buying the mobile ad network Millennial Media for $300 million.<p>AOL and Millennial Media have not yet responded to requests for comment.<p>As TechCrunch points out, a $300 million price tag would be a premium for Millennial Media. Its stock is trading at $1.45 a share for a …

35 Gorgeous Reasons to Escape to Italy

You know you want to go. Now. From the sparkling waters of the coast to ancient ruins, volcanic vistas, and pinch-me-I'm-dreaming monuments like the …