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Here’s How to Retire at 45 with Financial Freedom

What would life be like if you could retire at 45? Aside from not having to go to a job every day, what would you look forward to? For some, it’s more time with family. For others, it’s a literal world of travel possibilities. For still more, it’s a reason to wake up stress free every day. But can you really retire by 45?
It might seem impossible, but it’s actually a possibility for many people. You just need to know how to establish financial freedom early on, so you can spend the best years of your life living how you’ve …read more […]

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How to Invest in Stocks for Lifetime Wealth

With a net worth of $83 billion, Warren Buffett is the fourth-richest man in America.
Most people know Buffett as a great investor.
Why? Early in his investing career, he realized that there were certain businesses that had strategic advantages – advantages that allowed them to continue to grow bigger every decade, crushing their competition over time. He figured that if he could buy those businesses when the price was right, the market would guarantee him huge, long-term profits.
And that’s exactly what he did.
Berkshire Hathaway, the company Buffett took control of in 1965 to buy such companies, has produced an average 20.3% …read more […]

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Milton Friedman Was Wrong. Look at Income Inequality.

(Bloomberg Opinion) — My Bloomberg Opinion colleague Michael R. Strain continues to believe in Milton Friedman’s doctrine and argues it has been misunderstood by critics. Read his column here.In the summer of 1982, when I was 29, I was given a front-row seat as Milton Friedman’s famous dictum began to be put into practice.I had recently joined the staff of Texas Monthly, where my first assignment was to profile a man I’d never heard of, T. Boone Pickens Jr., the founder and chief executive officer of Mesa Petroleum in Amarillo, Texas. My timing was spectacular: Pickens was secretly preparing his …read more […]

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Treasury Savings Bonds Can Yield More Than Junk

(Bloomberg Opinion) — It seems like a life hack for fixed-income investing.It’s no secret that investors are living in a lower-for-longer interest rate world. In the U.S., this is clear by any number of metrics. The Federal Reserve’s key short-term lending rate is pinned in a range of 0% to 0.25% and isn’t expected to budge for years, at least; the yield on benchmark 10-year Treasury notes is 0.69%, after never falling below 1.32% before 2020; and the Freddie Mac 30-year mortgage rate set a new five-decade low of 2.86% last week. Meanwhile, companies can borrow as cheaply as ever. …read more […]

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Oil Set for Best Week Since June With Saudis Defending Recovery

(Bloomberg) — Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members to adhere to the group’s production cuts amid signs demand is faltering.Futures in New York are up almost 11% this week, despite bearish calls on the outlook from industry heavyweights such as BP Plc and Trafigura Group to the International Energy Administration. Saudi Arabia showed its determination to protect the recovery at an OPEC+ committee meeting on Thursday, lambasting members that have cheated on production quotas.Oil has clawed its way back to $41 a barrel this week, …read more […]

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Dave & Buster’s Sinks 26% On Bankruptcy Threat Report; Truist Says Buy

Shares of Dave & Buster’s Entertainment tumbled over 26.1% on Thursday, after the Wall Street Journal reported that the company might have to file for bankruptcy if it fails to strike a deal with a lender.Meanwhile, shares of the dining and entertainment company rose 4.8% in the extended trading session as Truist Financial said that investors are overreacting to the news.According to the Wall Street Journal report, Dave & Buster’s (PLAY) is planning to layoff about 1,300 employees across seven US states in a move to cut costs.Truist Financial analyst Jake Bartlett called the share plunge during the regular trading …read more […]