Financially Fit - Yahoo Finance

  • Here's What Mark Cuban Wishes He Knew About Money In His 20s

    AP Mark Cuban is the owner of the Dallas Mavericks. Billionaire investor and entrepreneur Mark Cuban is generous with his advice. When we asked him what he wishes he'd known about money in his 20s, he said:

    Business Insider
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  • Bill Gates Is At Least $6 Billion Richer Than He Was Six Months Ago, But Not From Microsoft

    In July, Bill Gates may or may not have lost his title as the world's richest man. According to Forbes, Gates has a net worth of almost $82 billion, which puts him in the No. 2 spot behind Mexican telecom magnate Carlos Slim, who's worth $85.4 billion. According to Bloomberg, Gates is still the…

    Business Insider
  • 3 Lessons An Investor Learned After Losing His Job, Reputation, And $1.6 Million

    The late Jim Paul went from a poor Kentucky boy to serving on the board of governors of the Chicago Mercantile Exchange through a series of lucky breaks and smart investments. By 1990 he was working in the futures research department at Morgan Stanley Dean Witter & Co., managing a team that…

    Business Insider
  • Silver Is Getting Crushed

    Silver is getting crushed. On Friday, Silver fell more than 3% to less than $18 an ounce, its lowest level in more than four years. The price of gold also fell about 0.8% and touched its lowest level since January.

    Business Insider
  • Bitcoin tanks, is Alibaba to blame?

    The price of bitcoin has plummeted in the past few days, and some are blaming the Alibaba IPO for the virtual currency's fall. Members of the bitcoin community are pointing fingers at the e-commerce giant's IPO, suggesting that tech-minded China-centric money is being pulled out of the currency in…

    CNBC
  • Eric Holder’s Shameful Legacy on Wall Street Fraud

    Right in the middle of the midterm election season, and just before Attorney General Eric Holder reportedly might step down, he made it known that the Justice Department will really really indict Wall Street executives in financial fraud cases. “We expect to bring charges in the coming months,”…

    The Fiscal Times
  • Can Sears Close 2,300 Stores?

    In a widely publicized note to investors, Gary Balter of Credit Suisse said that it is best that Sears Holdings Corp. (SHLD) close its Sears and Kmart locations while they, and the inventory they sell, still have value. Sears Holdings operates about 2,350 stories. Sears is generating negative…

    24/7 Wall St.
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    'Great Rotation' Into Stocks Runs Its Course

    Investors have been putting money back into bond funds as interest rates have unexpectedly dropped this year.

    Morningstar
  • Chinese buyers lead charge in iPhone 6 global debut

    Buyers from China, deprived of the latest iPhone launch at home, were Friday among the first in line in Japan to grab the "6" and its new large-screen cousin as Apple hit back at rivals. Licensing problems in China meant the global rollout went ahead without the huge and lucrative market, in a blow…

    AFP
  • Pilot Delays His Flight for Alibaba Debut, Nabs Shares at $94

    Cory Frugé, a commercial airline pilot, first learned of Ltd. about four years ago when he set out to build a private runway on his property in Iota, La. He needed to buy lighting for the runway and in his search for affordable solar-powered lights he stumbled on Alibaba's website. On Friday…

    The Wall Street Journal
  • 'Bubble in everything, everywhere': Marc Faber

    Even after the Dow (Dow Jones Global Indexes: .DJI) and the S&P 500 (^GSPC) closed at new all-time highs, closely followed contrarian Marc Faber keeps sounding the alarm. Faber has long argued that the Federal Reserve's massive asset purchasing programs and near-zero interest rates have inflated…

    CNBC
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    A Favorable Prognosis for This Pharma Stock

    Recent clinical success in cystic fibrosis positions Vertex as a dominant player in this attractive rare-disease market.

    Morningstar
  • Stock Market Blogger 'Jesse Livermore' Is Calling The Top

    On Friday, Alibaba is set to make its debut on the NYSE in the largest IPO ever.  Jesse Livermore, the pseudonymous blogger of Philosophical Economics, on Thursday night noted that in 2012, Facebook's IPO marked the market bottom for the year, and sees Alibaba's debut as potentially marking the top…

    Business Insider
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  • Can I Actually Rent-to-Own a Home?

    For them, a rent-to-own arrangement can appear to be an attractive option. During that time, the landlord/seller sets aside part of each month’s rent payment into an escrow account. When the lease is up, provided the payments have been made in a timely manner, the renter can use the money in the…

    Credit.com
  • Why you shouldn't buy Alibaba: Pros

    Alibaba (BABA) shares hit the market Friday amid much hype, becoming the biggest initial public offering in U.S. For one, since it's an IPO, it's probably overpriced, Barry James, president of James Advantage Fund, told CNBC. "When you look at initial public offerings, 80 percent of them lose money…

    CNBC
  • Rivals dash to support Apple Pay for fear of losing out

    Apple Pay preserves many existing relationships while inserting a new dominant player - itself - as kingmaker. The 800 million Apple users who have already connected credit and debit cards to iTunes accounts. "Apple's approach appears to be collaborative with traditional payment networks, instead…

    Reuters
  • 3 Chinese Stocks That Are Better Bargains than Alibaba

    All eyes are on Alibaba Group Holding (BABA) as the Chinese e-commerce giant makes its U.S. Alibaba dominates Internet sales in the world's most populous nation, moving more merchandise than Amazon.com (AMZN) and eBay (EBAY) combined and serving up healthy profits. When the stock begins trading on…

    Kiplinger
  • Bears’ Jeffery Joins Fantex for 13% of His Future NFL Earnings

    Alshon Jeffery of the Chicago Bears has become the fifth National Football League player to enter a brand contract with Fantex, Inc., which bought 13 percent of his future earnings for $7.94 million in advance of selling shares in the Pro Bowl receiver to the public. Fantex also has agreements with…

    Bloomberg
  • At a Glance: the business dealings of Jeb Bush

    Jeb Bush entered the Florida governor's mansion in 1999 with a net worth of $2 million, a relatively modest fortune compared with others in the Bush family. Within months of leaving office, he started a consulting firm, registered as a broker for Lehman Brothers and joined a number of corporate…

    Associated Press
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    Analyst: Alibaba Stock Is Priced Conservatively

    Morningstar director of equity research R.J. Hottovy joins MoneyBeat and explains why he views the company's shares priced conservatively at its IPO.

    WSJ Live