Private foundations are nonprofit organizations that are funded by a single person, family, or corporation. These are then managed by its own board of directors or trustees. An interesting thing to no…
Investing Expert Ray Dalio Dishes Out 3 Helpful Tips for Amateur Investors
Investing legend, Ray Dalio has come a long way since he started investing at the young age of 12. His first step into investing was when he bought 60 shares of Northeast Airlines for $300. He was abl…
Tesla CEO Elon Musk Would Have Had a Bigger Payday—Until He Tweeted This
Knowing that Elon Musk is the CEO of electric car company Tesla, people would think that he gets huge salaries for the role. However, you might be surprised to know that he works for free. His unusual…
Are Stocks Currently Overvalued? Big Investors Warn About It
The biggest names in finance now believe that stocks are currently overvalued. A view that seemed unlikely to come from them a couple of weeks ago. The latest to weigh in on the issue are legendary in…
5 Common Investing Mistakes and How You Can Easily Avoid Them
Mistakes made when investing can cost you big time. If you leave your job and then cash out your 401(k) when you haven’t reached the age of 59-and-a-half, you have to pay income taxes to the IRS…
This Limited Edition BMW is So Popular It Sold Out in Two Months!
People just had to get their hands on this limited edition BMW car model that it sold out even before it rolled out of their factories. The BMW M4 GTS was slated to have only 700 units produced. In ju…
The Daily Show’s Furloughed Employees Are Still Receiving Salaries Thanks to TV Host Trevor Noah
The hit Comedy Central late-night talk and news satire TV show, The Daily Show, has been on air since 1996. Since its inception, it has been helmed by hosts Craig Kilborn and Jon Stewart. In 2015, Sou…
A Harvard Professor Became a Billionaire Because of this Single Stock Investment He Made
Dr. Timothy Springer, who is now a billionaire, works as a professor at Harvard Medical School. An immunologist, Springer is recognized for discovering the first integrins and how these function in th…
Someone Just Bought Novelist Edith Wharton’s Oceanfront Former Home for $8.6M
A lucky buyer now gets to call this historical piece of real estate property and gorgeous views of the ocean their home. Known as Land’s End, this oceanfront property located in Newport, Rhode I…
Ferrari Stock Bullish Despite Bear Market Due to Coronavirus Crisis
The stock price of the famous Italian luxury sports car manufacturer, Ferrari, has demonstrated tolerance despite the selling onslaught driven by the coronavirus-led recession. The company has proved …