"What builds wealth is having an income stream that is generated in the real economy either from a business or a profession, and then living below your means so you can save a large portion of those earnings and profits and preserve them by investing in public and private markets."
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7/26/2018 1:08:48 PM
RadioShack to open 100 express locations
Published: July 26, 2018 9:36 a.m. ET | By:TonyaGarciaReporter
Consumer electronics retailer RadioShack has announced that it will open more than 100 express locations across the U.S. Founded in 1921, the company filed for bankruptcy in March 2017, two years after a previous bankruptcy filing. More recently, the company has focused on e-commerce and has grown to more than 400 dealer locations. Last week, it announced a partnership with HobbyTown, a hobby and toy retailer, which will bring RadioShack-branded merchandise to 60 HobbyTown franchise locations. The RadioShack Express format will be rolled out in more than 100 HobbyTown locations as a store-in-store. The SPDR S&P Retail ETF XRT, +0.30% is up nearly 10% for the year to date while the S&P 500 index SPX, -0.28% has gained 6.5% and the Dow Jones Industrial Average DJIA, +0.42% has increased 2.8% for the period.
"Google jumps 18% in debut
No. 1 search engine posts solid gains in long awaited debut, but not like the late 1990s.
August 19, 2004: 4:36 PM EDT
By Paul R. La Monica, CNN/Money senior writer
NEW YORK (CNN/Money) - Google stock jumped 18 percent in its long-awaited but rocky debut Thursday.
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Shares of the No. 1 search engine company closed at $100.34 after they opened at $100, a 17 percent increase from its offering price of $85.
More than 22 million shares changed hands on its first day of trading, making Google one of the most actively traded stocks on the Nasdaq. The stock stayed in a fairly tight range throughout the day, hitting a low of $95 and high of $104.06.
The slightly better-than-expected performance was not enough to save other tech stocks though; the Nasdaq composite index fell about 0.6 percent Thursday.
Google, trading under the ticker symbol GOOG (GOOG: Research, Estimates), was supposed to be one of the hottest initial public offerings of stock since the late 1990s. But its gains paled next to some of the hottest names of that era.
When the stock finally opened shortly before noon Eastern Time, it was not without a hitch."
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"Noting that about half of the 43 million renters are spending more than 30% of their incomes on rent (and many millions spend more than 50%), Harris proposed a federal refundable tax credit to reimburse them for the “excess” rent they are paying."
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8/3/2018 3:11:25 PM
Time: 1:53
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http://awealthofcommonsense.com/2018/08/the-3-levels-of-wealth/
On a recent episode of How I Built This with Guy Raz, Butterfield was asked how this enormous wealth has impacted his life. He told Raz, “beyond a certain level of wealth it doesn’t make your life any better.”
He went on to list what he considers to be the three levels of wealth:
Level 1. I’m not stressed out about debt: People who no longer have to worry about their credit card debt or student loans.
Level 2. I don’t care what stuff costs in restaurants: How much you spend on a particular meal isn’t impacted by your finances.
Level 3. I don’t care what a vacation costs: People who don’t care how expensive the hotel is or which flight they go on.
This was a new way of looking at this and it got me thinking about where most Americans find themselves on this scale.
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