Five crucial money mistakes rich people never make

Koki Nagahama/Getty Images   SoftBank’s founder, Masayoshi Son, might have saved $130 million if he paid attention to Warren Buffett. The famed tech investor lost that amount on a bitcoin bet gone wrong, according to a report from The Wall Street Journal. Watch bitcoin trade live. “Be fearful when others are greedy and greedy only…

Read More SoftBank founder Masayoshi Son reportedly blew $130 million in a bitcoin bet gone wrong after failing to heed Warren Buffett’s advice

Nothing would be more volatile and unpredictable than a trading market. Market trading has its own ups and downs. While, sometimes it can get you unexpected gains, they can also lead you into great losses. How much of profit you make and how far away you stay from market losses depends on your style of…

Read More Swing Trading vs Day Trading

Stocks have been on a kind of wild ride for the past year, with volatility that no stock trading course could have prepared investors for. The up-and-down, whipsaw motion of the major indices has meant that good stocks have been hurt and bad stocks have been devastated. An options course will show how to benefit…

Read More Option Trading With Example

It may seem old fashioned, but it is still possible to place some of your wealth and prospects into the ancient practice of hoarding gold. Gold has been the standard of wealth for centuries, in almost every culture that requires some system of barter, from Europe to Asia to South America. The metal has been…

Read More Investing In Gold

Spot gold had dipped 0.2 percent to $1,287.34 per ounce, off a low of $1,281.96, its lowest since April 4. U.S. gold futures fell 0.4 percent to $1,290.60 an ounce. U.S. Treasury Secretary Steven Mnuchin said on Saturday he hoped Washington and Beijing were “close to the final round” of negotiations to resolve the trade…

Read More Gold prices slide lower as investors see progress in U.S.-China trade talks

Eric Sorensen is one of the last standing men of his generation. As one of the early quants, Sorensen, now 71, is the oldest quant researchers running a large quantitative investment firm — one currently with over $46 billion under management. As head of Boston-based PanAgora Asset Management, he looks at trends in artificial intelligence,…

Read More “King Of Quants” Questions Machine Learning: “Can Machines Learn Without Humans?”

It’s one of those things everyone who has thought about retirement knows: Younger people are supposed invest in stocks, and older people should mostly own bonds. But two of the most respected wealth managers in the country say that’s a bad approach. The objections come from Jeff Erdmann, who has topped Forbes’ list of the…

Read More Two of America’s most acclaimed wealth managers for the ultrarich explain why a famous approach to retirement investing is dead wrong — and reveal what people should do instead