Thu, 27 Oct 2016 17:14:00 -0400Apptrade, a US start-up based in California, has revealed to potential investors attending the CoinAgenda bitcoin and cryptocurrency conference in Las Vegas that is creating and cooking up what the fledgling fintech describes as the ‘Stockmarket of Apps’, complete with “regulatory tools and compliance” mechanisms. Presenting to this year’s CoinAgenda event [...]
Thu, 27 Oct 2016 17:03:00 -0400Fracking has produced a surge in oil and gas production that has helped push the price of oil down more than 65% since it peaked at $147 in 2008. In the near-term, OPEC struggles to cut production in order to get oil prices back above $50. But Bruce Pile says that in the longer-term, the natural evolution of fracking will push oil prices back to $100. Bruce has been looking for companies that are well-positioned to benefit from a strong resurgence in oil prices. We discussed Tallgrass in a previous article. Today, we take a look at T. Boone Pickens' Clean Energy Fuels Corp.
Thu, 27 Oct 2016 17:03:00 -0400
Pickens married Toni Brinker on Valentine's Day at the chapel on his Mesa Vista Ranch in the Texas panhandle.
Pickens and Brinker have known each other for a decade. He was friends with her late husband Norm Brinker, founder of the Chili's chain.
Pickens spends about 500 hours a year on his Gulfstream G550. Murdock often tags along.
The 68,000-acre Mesa Vista Ranch is located northeast of Amarillo, Tex.
The "Lakehouse" pictured in this and the previous slide, is on a portion of the ranch that Pickens says he will soon put up for sale.
A winter day on the ranch.
Pickens owns the rights to the water under his ranch, and personally designed the string of lakes that use just a small portion of his pumping allocation.
It took hundreds of truckloads of stone to fashion the marvelous structures on Mesa Vista Ranch.
Ready for their close up. As Pickens says, "If you can get your dog to like your girlfriend, you'll keep your girlfriend."
Pickens is constantly checking in with his Dallas headquarters, here from the console in the library of his ranch house.
Pickens bought the house he grew up in -- complete with his handprints in the sidewalk concrete -- and had them transported to his ranch from 300 miles away.
In the kitchen of his childhood home. The house has been restored to pristine condition.
An only child, Pickens had his own bedroom. He his money from his paper route under the closet floorboards.
Pickens grandma told him as a boy that coffee would stunt his growth. He's never had a cup.
Looking out at the mesa formations that inspired the ranch's name. There's no place he'd rather be.
Pickens spends more hours on his Gulfstream G550 than many people spend in their car.
"I'd rather surround myself with sharp young minds than play golf and gin rummy all day."
Thu, 27 Oct 2016 16:26:00 -0400Prove your worth as if you're not expecting a raise and it may pay off sooner than you think.
Thu, 27 Oct 2016 14:57:00 -0400Women are leaving $500,000 on the table over their lifetimes because they don’t negotiate. This is because women tend to devalue themselves and their accomplishments. The fact that many women don’t toot their own horns, and don’t negotiate their entry-level salaries, can cost them half a million dollars over a lifetime
Thu, 27 Oct 2016 14:01:00 -0400Feel like you need to do something with your investments before the election but aren't sure what to do?
Thu, 27 Oct 2016 14:00:00 -0400Image Courtesy of Student Loan Hero Today’s college students are overwhelmingly choosing their majors based on passion – 88 percent, in fact, according to a recent Student Loan Hero study. On the other hand, the portion of college students who consider earning potential when deciding on a college and a major is [...]
Thu, 27 Oct 2016 13:35:00 -0400Save up to $54,000 in your 401(k) in 2017.
Thu, 27 Oct 2016 13:13:00 -0400According to a new report by Glassdoor, some companies are offering five weeks of paid vacation, guilt-free policies for asking for days off and in some cases, months of unpaid sabbatical.
Thu, 27 Oct 2016 12:14:00 -0400Yesterday, Tesla reported a profit for the third quarter. Wall Street did not expect this and the stock started the day up over 2%. In June, Gorden Lam told us that “The Catalyst For Tesla Is Production.” I checked in with him to see what he thought of Tesla’s report.
Thu, 27 Oct 2016 12:14:00 -0400
Elon Musk at the Los Angeles design studio of Tesla Motors. He's standing with the Model X "falcon wing" SUV wearing a jacket and shirt byErmenegildo Zegna. Jeans, belt and shoes by John Varvatos. Art director: Joseph DeAcetis.
Elon sits in his all-electric Tesla Roadster in the driveway of his Bel Air home. Wardrobe by Brioni. Art director: Joseph DeAcetis.
Elon's home in Bel Air, a 20,000 square foot place complete with pool, tennis court and wine cellar. On a clear day you can see the ocean from his terrace.
Elon with his sons, in their bedroom. The boys include 7-year-old twins Griffin and Xavier, and 5-year-old triplets Damian, Saxon and Kai.
Elon stands on the terrace of his home - he had just come from a short run in the hills nearby. Suit and shirt by Tom Ford. Art director: Joseph DeAcetis.
At the launch of the Model X SUV near Los Angeles. Nearly 2,000 people filled the studio to watch Musk debut the "falcon wing" SUV.
LOS ANGELES, CA - FEBRUARY 09: Actor Chris Evans arrives at Tesla Worldwide Debut of Model X. (Photo by Jason Merritt/Getty Images for Tesla)
LOS ANGELES, CA - FEBRUARY 09: Actress Garcelle Beauvais and Elon Musk attend Tesla Worldwide Debut of Model X. (Photo by Jordan Strauss/Getty Images for Tesla)
LOS ANGELES, CA - FEBRUARY 09: Actress Malin Akerman arrives at Tesla Worldwide Debut of Model X on February 9, 2012 in Los Angeles, California. (Photo by Jason Merritt/Getty Images for Tesla)
LOS ANGELES, CA - FEBRUARY 09: Musician Mark Foster of Foster the People performs onstage during Tesla Worldwide Debut of Model X on February 9, 2012 in Los Angeles, California. (Photo by Jason Merritt/Getty Images for Tesla)
Thu, 27 Oct 2016 11:58:00 -0400Laurence Kotlikoff explains whether the extra Social Security benefits you'd get from going back to work makes up for the extra taxes you'll pay
Thu, 27 Oct 2016 11:44:00 -0400Need help cutting the financial cord? An expert weighs in.
Thu, 27 Oct 2016 10:39:00 -0400A new Hearts & Wallets survey finds Americans are facing difficulties with retirement planning, estate planning and choosing investments
Thu, 27 Oct 2016 09:07:00 -0400We list some of the best credit card deals, bonuses, and promotions available today. One signup deal is worth $1,500.
Thu, 27 Oct 2016 09:07:00 -0400
Cash back rewards are one of the biggest perks of credit cards today. They're an easy way to earn free money (or miles) for things that you were buying anyway.
You can go beyond the default earnings, though, and make your cash back rewards programs really work for you. And you can do it without even spending extra money!
Many credit cards, banks, and credit unions offer online shopping portals. These are a great resource for finding deals and extra savings on things you would be buying anyway.
If your institution doesn't offer their own online portal (or you can't find what you're looking for), try looking at sites such as Ebates or Mr. Rebates. These free portals offer cash back rewards on almost anything -- pay with your rewards credit card, and you'll earn cash back from BOTH!
Most credit cards give cash back based on specific categories. Allocate your spending accordingly, and you will maximize your earned rewards.
One card may give you 6% back on grocery purchases (like the American Express Blue Cash Preferred card) while another gives you 3% back on dining (like the AARP Credit Card from Chase). Keep a list in your wallet, or tape a little note to the back of each card, and you'll be capitalizing on cash back without spending a penny more.
A popular way to pay for medical expenses is through Flexible Spending Accounts (FSAs). If you have an FSA, you probably have a debit card linked to that account -- but earning cash back is one reason you shouldn't use that card.
While it may be a bit more time consuming, you would be better off paying for your qualifying expenses with a cash back credit card, then filing for reimbursement. That way, you can still take advantage of the pre-tax dollar benefits of the FSA and also earn cash back in the process.
Most grocery stores today have large gift card displays, offering a number of other companies and merchants to choose from (including prepaid Visa and American Express cards). This can benefit your cash back balance in a number of ways.
If you use babysitters, handymen, etc., ask if they wouldn't mind receiving payment in the form of a gift card. Buy these with your cash back credit card (use the one with the highest grocery rewards), and reap the benefits.
Thu, 27 Oct 2016 09:05:00 -0400Watchdog TIGTA says IRS is ignoring tax dodgers, foregoing billions in revenue.
Thu, 27 Oct 2016 09:00:00 -0400Don't think of your side hustle as just a hobby. Parlay that experience into a whole new career direction, as these people did.
Thu, 27 Oct 2016 09:00:00 -0400Genworth Financial, the largest seller of long-term care (LTC) insurance policies, has agreed to be acquired by a privately-held Chinese investment firm. At the same time, it announced it will reserve an additional $400 million to $450 million(pre-tax) against future long-term care claims. Thomas McInerney, president and chief executive officer of [...]
Thu, 27 Oct 2016 08:00:00 -0400Investing isn’t simply picking the best funds or building your perfect portfolio. Keeping your portfolio in line over the long term is just as important (if not more so). Markets move. That’s what they do. If they didn’t, they wouldn’t reflect our ever-changing world. As a result, your portfolio will drift over [...]
Wed, 26 Oct 2016 19:25:00 -0400Some sales of companies are structured in a way that the sellers’ proceeds vary with post-deal performance of their firms. How you communicate your sale to your team, to your clients/customers, and to other stakeholders is key to post-deal success. Expert Christine Hollinden gives us key guidance.
Wed, 26 Oct 2016 17:30:00 -0400Fraud losses incurred by banks andmerchants on all credit, debit, and pre-paid general purpose and private label payment cards issued globally hit $21.84 billion (bn) in 2015, with the United States (US) accounting for almost two-fifths (38.7%) of the total at $8.45bn. But by 2020 it could surpass $12bn, were [...]
Wed, 26 Oct 2016 16:17:00 -0400Interest rates remain athistorically low levels. Right now isa good time to refinance debt. You can find 30 year fixed rate mortgages as low as 3.37%. Today, even student loan debt can be refinanced. If you shop online at websites like StudentLoanHero or MagnifyMoney, you can find fixed rates as [...]
Wed, 26 Oct 2016 12:46:00 -0400Brains and wine both improve with age (and any oenophile will tell you the 2 together, in moderation, can be good for you). When I discuss brain improvement with age, I’m referencing a growing body of literature studying the so-called “middle-aged brain” (the 40-60s age group). True, brain processing speed [...]
Wed, 26 Oct 2016 11:59:00 -0400Going up. FORBES billionaire Jack Ma, founder of Alibaba Group. The Chinese e-commerce giant is building an e-commerce logistics and platform powerhouse in the country, with the help of Amazon. Its stock trades at 50x earnings. Maybe too expensive. But it is up 50% year-to-date ending Oct. 25, beating Amazon [...]
Wed, 26 Oct 2016 11:39:00 -0400An Ohio Pastor's wife nearly donated to charity a ball signed by the 1927 Yankees, including Babe Ruth and Lou Gehrig. A family relative was a catcher on the team.
Wed, 26 Oct 2016 11:34:00 -0400(Photo by Spencer Platt/Getty Images) Who knows the most about a company’s prospects? It’s certainly not the lowly shareholder holding a tiny position ina401(k) plan or mutual fund. So it’s always worth noting when companies reduce their stock buyback plans and corporate insiders, such as executives, pare down purchases of their [...]
Wed, 26 Oct 2016 11:10:00 -0400New findings by consumer risk management firm ID Analytics found that 35% of new credit card applications aremade by millennials. That’s 6 points higher than the applications submitted by Generation X, and 7 pointshigher than baby boomers. While the demand for credit cards among this age group appears to be [...]
Wed, 26 Oct 2016 09:27:00 -0400CLEVELAND, OH - OCTOBER 22: A supporter of Republican presidential nominee Donald Trump holds up a 'Make America Great Again' sign as the candidate addresses supporters during a campaign stop at the International Exposition Center on October 22, 2016 in Cleveland, Ohio. Trump and Democratic presidential nominee Hillary Clinton continue [...]
Wed, 26 Oct 2016 09:10:00 -0400Can you soften the blow of expensive World's Series tickets with a tax deduction?