When Warren Buffett speaks, investors listen. Or at least they should. Buffett has long been known as one of the greatest investors the world has ever seen. On Feb. 24, Buffett shared Berkshire Hathaway Inc.’s 2023 shareholder letter. While all 17 pages are worth a read, some tidbits are more impactful than others. Here are six lessons that may change the way you invest and/or manage your finances. Buffett reiterates his lifelong strategy of investing heavily in U.S. equities, illustrating the b
Most people would cringe at the idea of taking on an industry-leading company like Uber Eats. But 30-year-old delivery driver Tony Illes is not your average person. For four years, Illes was a full-time delivery driver for several apps, including Uber Eats. Over that time, he earned a solid living in the growing gig economy, making roughly 10,000 deliveries by his estimation. But then the bottom fell out. Don't Miss: The average American has $65,100 in their savings account — How do you compar
You're rich and you think it'll always be that way, even after you hang up your work boots (or suit) and ride into the sunset. But retirement life isn't all it's cracked up to be for many wealthy people. According to the Center for Retirement Research at Boston College, more than 25% of all U.S. households believe they're on track to maintain their standard of living in retirement but are on schedule to fall short. Don't Miss: The average American has $65,100 in their savings account — How do yo
There's no universally agreed-upon way to define the middle class in America, but a recent poll from The Washington Post found some agreement on what it means. The most important takeaway from the poll is that there's more to being middle class than having a specific annual income. Approximately 90% of the U.S. adults surveyed said that six financial security and stability indicators must be met to be part of the middle class. These include: A secure job Ability to save money for the future Abil
With so much economic and political uncertainty in the United States, consumers continue to wonder if their money is safe in the bank. With this fear swirling around and seemingly growing by the day, many people are investing in alternative assets, such as gold. Dave Ramsey — in true Dave Ramsey fashion — provided straightforward feedback on his thoughts about the U.S. banking system failing. "People are going and buying gold; banks are going to fail," he screamed. "It's like they live in the wi