Eric Schmidt, executive chairman of Google's parent company Alphabet, is worth an estimated $11 billion. While a significant amount his wealth comes from stock he received as Google's CEO, the billionaire credits a few personal finance strategies with helping build his net worth. This isn't the only piece of advice Schmidt has for professionals.
It's been a fantastic 15 months for Advanced Micro Devices (AMD) . If you're among the investors who'd bought the then dead-beat chipmaker back in December 2015, you'd have made over 300% in this period--even as AMD beat quarterly earnings estimates, shrugged off balance sheet concerns and demonstrated liquidity improvement. Is it then time to take profits off the table? We'd recommend staying with the company. First, there is better visibility into Ryzen 7 and the imminent Ryzen 5 launch on April 11. While the Ryzen 7 series competes with Intel's (INTC) workstation and professional applications, it has received mixed reviews. AMD said it plans to launch four mainstream Ryzen 5 CPUs on April
Equity markets are facing a "quite high" risk of a correction but it won't be enough to throttle the bull market altogether, the chief global equities strategist at Goldman Sachs has told CNBC. "We think the trigger is probably not going to be so much politics … But more really the fundamental peaking of growth momentum which has been so supportive for the reflation trade in recent months, at a time when U.S. rates are starting to increase again, coupled with the very high valuations that we already have," he explained before noting that this would not, however, signify the beginning of a complete reversal in shareholders' fortunes. "A correction – if we're getting one – is not going to be the end of bull market.