What to do when you win big: Lessons from a $65-million Lotto Max windfall
Whether it’s a lottery win, an inheritance, a major work bonus or even the sale of a business, sudden wealth can feel like hitting the reset button on life. But it also comes with a new set of decisions, and pressures, that aren’t always easy to navigate. Just ask Mark Hanley. The retired software analyst […]
‘Never give up’: This Tennessee janitor went from living in his car to driving a $3 million Bugatti — here’s how he invested his money to create wealth
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. For anyone questioning the continued relevance of the American dream, the story of Sammy Poori serves as a powerful testament. Poori arrived in the U.S. as an Iranian refugee […]
I’m winning at life — 29 with $130K in savings, a robust 401(k) and own a condo. But after years of focusing on finances, I feel like I’ve lost out on a truly fulfilling life. What now?
Picture this: You own a home, along with $130,000 in cash savings and $40,000 in your 401(k), and you’re not even 30 years old yet. On paper, this is a great financial situation. But after years of pinching pennies, turning down dinner invites and putting fun on layaway, was the sacrifice worth it? Don’t miss […]
Utah couple arrested at their 27,000 sq ft mansion for allegedly running $300M scam smuggling oil from Mexico — what schemes like these mean for average American consumers
James Lael and Kelly Anne Jensen’s sprawling, $9-million mansion in Sandy, Utah is the kind of luxury home out of reach to the average American — but not to the long arm of the law. According to a KSL-TV report, U.S. Marshals arrested the couple at their 27,000-square-foot property in late April as part of […]
A Houston man saw his stolen tailgate online and called the police — and it led to a massive bust of blank key fobs. How these devices are helping car thieves get away in a matter of minutes
An investigation into stolen pickup truck tailgates has uncovered a deeper, more alarming trend in Houston: thieves are using high-tech tools to clone key fobs and drive away with vehicles in under eight minutes. According to the Harris County Sheriff’s Office, victims whose tailgates were stolen worked together to track down the suspects by searching […]
My aging parents just moved to Portugal and gave me their house — fully paid off. My husband and I aren’t wealthy: Should we rent it out, sell or move in?
It’s natural for parents to want to help their adult children financially if they have the means to do so. Half of parents with kids 18 and over provide them with some financial support, a recent Savings.com survey found. But it’s one thing to get the occasional $300 check to help with groceries or car […]
This man is now leaving Miami thanks to skyrocketing prices and shifting lifestyles in Florida — why the Sunshine State is suddenly seeing ‘the largest drop’ in incomers in a decade
When Cody Bunch was in high school, he created a scrapbook of his dreams and his goals. Moving to Miami Beach was on that list. "There’s Miami, there’s Miami Beach," Bunch told CBS News, pointing to pictures in his scrapbook. "I live right behind that now." Don’t miss I’m 49 years old and have nothing […]
‘This guy is our Einstein’: Jamie Dimon says he and Elon Musk ‘hugged it out’ after dropping $162M Tesla lawsuit — vows to support the billionaire as much as he can. Here’s how to tag along
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. It’s not every day that high-profile figures put their differences aside — but that’s exactly what just happened. During an appearance on CNBC, JPMorgan CEO Jamie Dimon was asked […]
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 $334 billion in cash at the end […]
Barbara Corcoran spent $13M perfecting her NYC penthouse — but now she’ll likely just get $12M for it. Here’s how to handle strategic renos if you can’t afford to take a $1M hit when you sell
In 1992, real estate mogul and investor Barbara Corcoran worked part-time as a package delivery person to supplement her income. She had founded her real estate firm, the Corcoran Group, but it hadn’t yet taken off. One day, Corcoran delivered an envelope to a 4,600-square-foot penthouse apartment on New York City’s famous Fifth Avenue. From […]