Warren Buffett, the Oracle of Omaha, has made himself into a household name through legendary investing techniques that have amassed him a $77 billion net worth at 87 years old. Buffett started playing the markets at the young age of 11, but he's offered sage wisdom on investing for years since he made his first millions. Here are some of Buffett's best tips for making money.
Home buyers beware: The cost of financing the purchase of a new home rose in late September for the first time in nearly two months. The interest rate on a 30-year fixed mortgage rose to an average of 3.83% from 3.78% in the week ended Sept. 21, according to Freddie Mac. That’s the first increase in seven weeks. The rate on a 30-year mortgage is up significantly from 3.48% at the same time in 2016. The rate on a 15-year mortgage also rose by 0.5 point last week, to 3.13%. The cost of financing a mortgage could also continue to rise. The Federal Reserve is preparing to raise interest rates one more time in 2017 and three more times in 2018. What’s more, the central bank plans to slowly reduce
Apple Inc. was one of the winners Wednesday when Japanese tech giant Toshiba said it would sell its lucrative chip business for $18 billion to a a group that also includes Bain Capital, Dell Technologies and Cupertino-based hardware company Seagate Technologies. Apple's support — and $3 billion in cash — reportedly swayed the deal in favor of the Bain-led group and away from Western Digital Corp., a San Jose-based hard-drive maker that has an existing joint venture with Toshiba. Toshiba's announcement also marked the end of a fraught, months-long negotiations process that brought out bitter rivalries between some of Silicon Valley's biggest tech names. The biggest player of them all, though,