Wealth

If the millennial and Gen Z investing generations’ biggest, boldest bull market calls are best represented by the star turn of ARK Funds’ Cathie Wood, her funds’ struggles in 2021 are a microcosm of where risk-on investing runs into the reality of a market that, at least in the short-term, can’t always go gangbusters —

Trevor Williams | DigitalVision | Getty Images A majority of millennial millionaires (55%) say they are planning to sell stocks in 2022 because of potential tax changes, according to the recent CNBC Millionaire Survey. Ninety percent of millennial millionaires say they anticipate taking some sort of action in regards to their finances in the year

FG Trade | E+ | Getty Images Vanguard investors have been grappling with partial website outages over the past several days that have blocked some customers from trade confirmations, certain statements and forms. These interruptions may cause problems for those making year-end transactions, such as required minimum distributions, as there’s a 50% penalty for missing the

Elon Musk runs two of the world’s most innovative and valuable tech companies — but you may not want to be his assistant. The 50-year-old SpaceX and Tesla CEO is a business “savant,” but his “gift is not empathy with people,” his brother and longtime business partner Kimbal Musk told Time Magazine earlier this month.

Marko Geber | DigitalVision | Getty Images Employers are increasingly putting retirement savings on autopilot for their workers. About 62% of businesses with a 401(k) plan used automatic enrollment in 2020, up from 60% the year prior and 46% a decade ago, according to the Plan Sponsor Council of America, a trade group. This feature

A trader blows bubble gum during the opening bell at the New York Stock Exchange on August 1, 2019, in New York City. Johannes Eisele | AFP | Getty Images If the market is in an everything bubble, wealthy Americans are headed into 2022 saying they don’t really want much more — of anything, according

2021 was a wild year for cryptocurrency. Despite bitcoin’s recent plunge, for example, its price has still risen by more than 70% in the past 52 weeks. More important, bitcoin and other cryptocurrencies have made tremendous strides, not just in valuation — today the cryptocurrency market capitalization is estimated at $2.5 trillion, more than double a year

For the most part, Bill Gates is optimistic about 2022. But the billionaire Microsoft co-founder still has a few concerns heading into the coming year. In Gates’ recently published end-of-year blog post, titled “Reasons for optimism after a difficult year,” he made multiple rosy prognostications — from the Covid pandemic potentially ending to the oncoming

Selling a company for billions of dollars didn’t immediately upgrade Mark Cuban’s life. In fact, the longtime entrepreneur, investor and “Shark Tank” star found himself in the middle seat of an airplane while going to Las Vegas to celebrate his windfall. “When I sold my company for billions of dollars, to go and celebrate, I

Glittering pine trees, Santa Claus and stockings are part of many people’s ideas of Christmas, but the holiday can look vastly different around the globe. From Europe to Asia to the depths of Antarctica, here’s how Christmas is celebrated in nine places around the world — and one place orbiting around the world. Croatia Christmas

In 2008, Deacon Hayes and his wife, Kim, “were newly married” and “living paycheck to paycheck” in Phoenix, Arizona, he says. She was a teacher and he was selling wood floors, and, “between credit card debt, student loans, and car loans, we had about $52,000 in consumer debt,” he says. More from Grow:How I paid

Tesla founder Elon Musk speaks at the unveiling event by “The Boring Company” for the test tunnel of a proposed underground transportation network across Los Angeles County, in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters Responding to political attacks on his wealth and taxes, Elon Musk said his wealth “is not

The superyacht “Kismet”, currently owned by Pakistani-American billionaire Shahid Khan, is seen moored near Tower Bridge on October 21, 2021 in London, England. Leon Neal | Getty Images More than 1,000 superyachts are now in production or on order, as the global rich seek refuge from Covid-19 and crowds on their nine-figure floating palaces. According

If Mark Cuban could solely invest in one personality trait, it would be confidence. On Friday’s episode of ABC’s “Shark Tank,” the billionaire investor said he rejected one start-up founder’s pitch for that exact reason. The founder, Liv Bowser, launched her Los Angeles-based mental health company Liberate in May 2020. The start-up offers instructor-led Zoom

Artist Chris Carnabuci stands before his sculptures of George Floyd and Breonna Taylor (L) featuring painting by Laolu Senbanjo otherwise known as Laolu NYC”, at Sotheby’s auction house in New York on December 9, 2021. Ed Jones | AFP | Getty Images The Big Three auction houses hit a record $15 billion in sales this

In the centuries-old carol “The 12 Days of Christmas,” celebrations span less than two weeks.   Today Christmas is regularly celebrated throughout December, and in some places, a good portion of November too.  But four months of festivities in the Philippines gives new meaning to the term “holiday season.” The ‘ber’ months Christmas is celebrated

On Sunday, Elon Musk tweeted a TikTok of an interview between Bill Gates and David Letterman in 1995, asking, “Given the almost unimaginable nature of the present, what will the future be?” In the video, Gates describes the internet to Letterman, which was new and strange to most at the time. After showing the clip, the TikTok user who

In this article TSLA Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history. “For those wondering, I will pay

Long before it was cool, Ray Dalio credited his financial success to a simple practice: a daily meditation. Twice per day, the 72-year-old billionaire closes his eyes and repeats a short mantra in his head for 20 minutes at a time, he tells CNBC Make It. It’s a practice known as Transcendental Meditation (TM), which

Pedestrians view the holiday windows at the Saks Fifth Avenue flagship department store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Despite supply chain disruptions and inflationary issues, retail trade groups and industry watchers are forecasting record levels of sales this holiday season. But a majority of the