It’s been another good year for investing, but only if you’ve been doing it right. U.S. stocks are up 14 percent this year as of Dec. 26, on top of a 33.5 percent gain last year, as measured by the Vanguard Total Stock Index Fund ETF (VTI). If you want to do it right in 2015, and maximize the chances of growing your wealth, now is the perfect time to make some New Year’s resolutions. Repeat after me....
If you watched the TV series " Lou Grant," you might cling to an image of newspaper owners in the mold of Mrs. Pynchon, the aristocratic, high-minded widow who struggled to keep the Los Angeles Tribune afloat. The character, played by the late Nancy Marchand, was based in large part on Katharine Graham, the a real-life elegant heiress and publisher of the Washington Post.
When 81-year-old billionaire investor Warren Buffett recently revealed he had been diagnosed with early-stage prostate cancer after a routine screening blood test, many health experts wondered why a man of his age was even being tested for prostate cancer.
Warren Buffett's op-ed piece in the New York Times sparked a fury on the Internet yesterday. If you missed it, here's the takeaway in his own words: "My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice." What do you think? From earlier this year: Warren Buffett on "value investing."
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