Investing in bonds often gets a bad rap. Common misconceptions about bonds indicate that they’re boring, low-yield and ineffective for building long-term wealth.
Warren Buffett, the investing impresario and Berkshire Hathaway co-chairman, founder and CEO, rarely seems to make a bad move when it comes to investing. Yet Berkshire Hathaway passed on investing in.
George Kamel, co-host of "The Ramsey Show," posted a recent YouTube video about the rise in millionaires. According to Kamel, this jump has been fueled by the big rebound in the stock market in 2023.
Wealthy investors often have access to opportunities and products that may not be available to the average person. For example, to invest in certain types of unregistered securities or private hedge.