Yesterday, Matt filled you in on a certain situation — a situation we believe poses enormous risk to your financial security: Inflation. As he explained, at current inflation levels, not only is your existing cash getting crushed… But over time, your retirement account could lose over 75% of its value.
Hallelujah! With the Fed raising rates, we can finally start earning something on our cash: For example, as of this week, we can earn more than 3% on a 10-year U.S.
In 1985, when I was about to go to college, I bought myself an expensive watch. It was a brown Movado, with a brown leather band, and it cost about $150.
Fred Wilson is one of the most successful startup investors in the world. For example, he was an early startup investor in Twitter, Twilio, and Etsy — all of which are now multi-billion-dollar publicly traded companies.
Elon Musk sure knows how to make money — for himself, and for his investors. For instance, he co-founded PayPal (PYPL), which is now worth over $132 billion.
Can you guess what the most expensive object in the world is? While you’re thinking about your answer, let me tell you what it’s not: It’s not the Burj Khalifa, the tallest skyscraper in the world, which cost $1.5 billion to construct.