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....
It comes as no surprise these days when teenagers are unfamiliar with names like Paul McCartney or Warren Buffett. But on July 13, 16-year-old Tom White knew just what to do when he spotted two of the world's most famous people: he snapped a selfie with both of them.
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.
Aging is for the birds. A growing number of people over 50 just refuse to let it happen. Sure, they'll celebrate the milestone birthday, but they'll do their best not to look their age. Or feel it. Or even act it. ( See Ernestine Shepherd. You now have no excuse for not working out.) From AP: " Baby boomers heading into what used to be called retirement age are providing a 70 million-member strong market for legions of companies, entrepreneurs and cosmetic surgeons eager to capitalize on their "forever young" mindset, whether it's through wrinkle creams, face-lifts or workout regimens.' ... Speaking of aging, this is what 77 looks like*. Have you seen the new Gloria Steinem documentary, Gloria: In Her Own Words? The film, which premiered on HBO Monday, highlights her years on the front lines of the women's rights movement. *Apologies, Ms. Steinem, I'm sure you're rolling your eyes at something so trite, but you look very smart, brilliant. More on the documentary.
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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