Warren Buffett’s company Berkshire Hathaway is sitting on a record amount of cash — should you follow his lead? Here’s why everyday investors should think twice
Warren Buffett is well known for his investing talent, as the billionaire got very rich through buying undervalued stocks and holding them for the long term. It may come as a surprise, however, to learn that Berkshire Hathaway — the multinational conglomerate he runs — held a record US$334 billion in cash at the end […]
Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]
‘What in the world are they doing?’: A Texas mayor says his city lost $1.7M in property taxes when a developer pulled off ‘one of the greatest frauds.’ Here’s how they got away with it
Jim Ross, mayor of Arlington, Texas, was furious when he learned his city was losing millions of dollars yearly because of a real estate loophole allowing private developers to avoid paying property taxes. "I think it’s inappropriate at best. It’s underhanded," Ross said to CBS News. "I was pissed. I still am." Don’t miss I’m […]
I’m 63 years old, worked hard my entire life, and I just got fired after announcing my retirement. Is that even legal — and what are my options from here?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Announcing your retirement a few months in advance is often considered a courtesy to your company. Not only does it give your employer time to manage the transition and […]
Americans are on track to file more fraudulent auto loan or lease reports this year than ever before — complaints are up 71% so far from 2024. Here’s how to protect yourself from scammers
Steve Simon’s trouble began when he visited a local car dealer to inquire about buying a vehicle, and the transaction didn’t work out. He had given the dealer permission to run his credit. "I didn’t like the interest rate on it, so I denied it, left, went home," said the delivery truck driver. Don’t miss […]
66 year old Halifax man nearly loses his life savings to identity fraud and says he still doesn’t know how it happened — Here’s what you can learn from it
Making sure you have enough money for retirement is one thing — making sure it doesn’t get stolen is whole other concern that many may not be actively thinking about. Rick Hall, a 66-year old man from Nova Scotia, found out about this risk the hard way after losing his entire retirement saving over the […]
This unemployed Texas man pays $1,200/month for his $56,000 car, has $94,000 in total debt — he blames it on a weird ‘dynamic’ with mother-in-law. Dave Ramsey doesn’t buy it
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. American households carry $1.66 trillion in auto loan balances collectively, according to the Federal Reserve. While there may be many different excuses that justify taking on massive auto debt, […]
I put away money every month to give to my child when they turn 18. I opened a CD account with two years’ worth, but is there a better way to grow this money?
Many kids struggle to get started financially when they become legal adults, so if you’re a parent putting away money to give to your child when they turn 18, you’re already setting them up for success. However, it’s also smart to look into ways to grow this money so you can give your kids the […]
I’m 36, engaged and finally financially stable — but I just found out my fiancée has been hiding $82K in credit card debt and now she refuses to sign a prenup. Is this a dealbreaker?
You’ve found the one. The love of your life. You’re planning a wedding, dreaming about your future and picturing a lifetime of shared memories. So, a prenup is not even in the picture. But then, a financial curveball is delivered. In the middle of cake tastings and venue tours, one man stumbled onto a discovery: […]
‘I feel like an idiot’: Dallas woman says she’s divorcing her husband of 27 years after discovering he secretly racked up $1M in debt — but Ramsey Show hosts say she needs to own her part
When you enter into a marriage, you expect your spouse to be faithful. But sometimes, a different type of infidelity — financial — can rear its ugly head. That’s what happened to Cathy from Dallas, Texas, who recently called into The Ramsey Show seeking urgent financial advice. Cathy revealed to co-hosts Ken Coleman and Jade […]
