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  • Now I Get It: How to know when to refinance

    Alexis Christoforous of Yahoo Finance explains how to know when it's a good time to refinance your mortgage.

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  • Biden tells Ackman ‘never disrespect’ memory of his dead son
    News
    MarketWatch15 hours ago

    Biden tells Ackman ‘never disrespect’ memory of his dead son

    It has been a rough stretch for Wall Street honcho Bill Ackman. The hedge-fund manager, who runs Pershing Square and boasts a net worth of $1.4 billion, reportedly locked horns with former Vice President Joe Biden at a dinner in Las Vegas last month, according to Fox Business. and the New York Post. Biden—still reeling from the death of his 46-year-old son, Beau Biden, who lost a battle with brain cancer two years ago—cited his son’s death as the central reason that he didn’t make a run for the White House in 2016. According to the reports, Biden grew emotional as he explained his decision to a room of high-profile attendees, concluding with, “I’m sorry. I’ve said enough.” At that moment, Ackman

  • Could Walmart Buy Costco to Take on Amazon? Well ...
    Business
    The Street21 hours ago

    Could Walmart Buy Costco to Take on Amazon? Well ...

    I heard a rumor out there that Walmart (WMT) might consider acquiring Costco (COST) to offset the Amazon (AMZN) buyout of Whole Foods (WFM) . Just a rumor. However, even if this turned out to be true, these would not be the same type of deals. First, Costco is near all-time highs, where savvy buyers, of which Walmart is among the savviest, don't buy. Savvy buyers like to buy assets, and everything else, near lows, and sell them near highs. Amazon didn't agree to buy Whole Foods at its all-time high, near $60, in 2013. They waited until no one appreciated the asset, and after a 50% crash, they made their offer. No, Amazon isn't getting Whole Foods at that extreme discount, but they will get it

  • A 27-year-old with $181,000 in the bank explains the simple calculation that keeps him from overspending
    Business
    Business Insider2 days ago

    A 27-year-old with $181,000 in the bank explains the simple calculation that keeps him from overspending

    At just 27 years old, the blogger behind the Money Wizard — who goes by the pen name Sean online — has banked more than $181,000. "Probably what's most driving me [to retire early] — I just want freedom," he told Business Insider. Ultimately, Sean's philosophy for building wealth is based on calculating the value of his time, in dollars.