Sat.May 25, 2024

article thumbnail

How to Build a Million-Dollar Roth IRA If You Start Investing in 2024

The Motley Fool

Racking up $1 million in a Roth IRA might seem farfetched if you're just getting started. After all, the Roth IRA contribution limits were $6,000 in 2019, increased to $6,500 in 2023, and sit at $7,000 in 2024 for those under 50. However, joining the millionaire club is still possible, even with these relatively low contribution limits, thanks to the power of compounding and consistency.

article thumbnail

BlackRock pushed Anglo to extend talks with BHP

Financial Times M&A

FTSE 100 group rebuffed third takeover proposal for mining megamerger

100
100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Social Security Changes You Can Expect in 2025

The Motley Fool

In April, nearly 51 million retired-worker beneficiaries brought home an average Social Security check of $1,915.26 , which works out to almost $23,000 over a full year. While this might not sound like a lot of money, Social Security has played a key role in shoring up the financial foundations of retirees and helping them pay their bills. More than two decades of annual polling from Gallup found that between 80% and 90% of then-current retirees consistently rely on their Social Security income

Taxes 246
article thumbnail

How to Find Your “Google Review” Link

Advisor Rankings

Through your Google Business Profile (formally Google My Business), Google provide every business a custom link to make the review process easier for your clients. How to Find Your Custom Google Review Link 1. Search for your firm’s Google Business Profile (i.e. search for your business by name). 2. On your GBP listing, look for the section title “Reviews.” Click the “Get more reviews button.” 3.

52
article thumbnail

1 Top Cryptocurrency to Buy Before It Soars 635% to 5,480%, According to Certain Wall Street Analysts

The Motley Fool

Risk assets usually perform better when interest rates are low. So speculation that stubborn inflation will cause Federal Reserve policymakers to reduce rates more slowly than anticipated has been a headwind for cryptocurrencies in recent weeks. Indeed, while Bitcoin (CRYPTO: BTC) rallied to a new record high of $73,000 in March, its price has since slipped 7% to $68,000.

article thumbnail

KKR & Co. Inc. Reports First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial results.

More Trending

article thumbnail

Cotiviti Completes Recapitalization with KKR and Long-Standing Owner Veritas

KKR

SALT LAKE CITY--(BUSINESS WIRE)--Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR. KKR and Veritas are now co-sponsors with equal ownership stakes in Cotiviti.

Stakes 40
article thumbnail

Where Will Novo Nordisk Be in 10 Years?

The Motley Fool

Novo Nordisk (NYSE: NVO) has been a fantastic, market-beating stock to own for the past decade. Its 10-year return is an incredible 527%, which dwarfs the S&P 500 's 182% gain during the same period. But it wasn't until 2022 that the stock really took off. Up until then, its returns were more comparable to that of the broader market. Now that Novo Nordisk has become one of the largest healthcare stocks in the world, investors may be worried that the level of upside left for the stock may dim

Returns 246
article thumbnail

KKR to Acquire Healthium from Apax Funds

KKR

MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of definitive agreements under which funds managed by KKR will acquire Healthium Medtech Ltd. (“Healthium”), a leading Indian medical devices company, from an affiliate of Funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm.

Funds 40
article thumbnail

3 No-Brainer Warren Buffett Stocks to Buy Right Now

The Motley Fool

Warren Buffett doesn't like stocks -- at least, not many of them right now. He told Berkshire Hathaway shareholders earlier this month that he finds it "quite attractive" to sit atop a massive cash stockpile instead of buying stocks. Just because the legendary investor isn't putting Berkshire's money to work doesn't mean you shouldn't put yours to work in the market.

article thumbnail

Healthcare Realty Trust Announces Strategic Joint Venture With KKR

KKR

NASHVILLE, Tenn., May 06, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced that it has entered into a strategic joint venture (JV) relationship with KKR to jointly own and invest in quality medical outpatient buildings. Healthcare Realty expects to receive approximately $300 million in proceeds for the contribution of a seed portfolio to the JV and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthc

article thumbnail

Intel's Moving Fast to Counter Qualcomm's PC Threat

The Motley Fool

Chip giant Intel (NASDAQ: INTC) launched the first of its Core Ultra laptop CPUs, codenamed Meteor Lake , last December. Meteor Lake brought a bunch of changes all at once: It moved to a disaggregated architecture, with the chips split into tiles that each use a different manufacturing process. The compute tile marked the debut of the Intel 4 process, the second of five process nodes that are part of Intel's plan to retake manufacturing leadership.

Returns 246
article thumbnail

KKR and Marriott International to Launch Midscale Hospitality Segment in Japan with Four Points Express by Sheraton

KKR

Conversion of 14 hotels marks Marriott International’s debut of affordable midscale segment in Asia Pacific TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Marriott International, Inc.

article thumbnail

Cathie Wood Once Called This "Magnificent Seven" Company the Biggest Artificial Intelligence (AI) Opportunity in the World, and Millionaire Investor Brad Gerstner Just Increased His Position by 276% (Hint: It's Not Nvidia)

The Motley Fool

There is no hotter subject in the technology realm than artificial intelligence (AI) right now. Indeed, the " Magnificent Seven " stocks generally garner the most attention from Wall Street analysts and the investment community, given their groundbreaking developments across all aspects of the AI landscape. During a November 2023 interview, Ark Invest CEO Cathie Wood proclaimed that Tesla (NASDAQ: TSLA) was the largest AI opportunity in the world.

Companies 246
article thumbnail

KKR Acquires Nashville Logistics Property

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a two-building Class A logistics property in the Nashville Airport submarket. Terms of the transaction were not disclosed. The two-building logistics property is strategically located adjacent to Nashville International Airport, with direct access to downtown Nashville and immediate.

article thumbnail

3 Reasons I'd Absolutely Claim Social Security at 62

The Motley Fool

I won't even be eligible for Social Security for another three decades, but I already know I want to claim at age 70. This will get me my largest possible checks, since delaying benefits grows your benefit a little each month until then. Since I'm fairly healthy, I think waiting will give me my largest lifetime benefit too. But this isn't a choice I would encourage everyone to make.

article thumbnail

KKR to Present at the Bernstein 40th Annual Strategic Decisions Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Joseph Y. Bae, Co-Chief Executive Officer, will present at the Bernstein 40th Annual Strategic Decisions Conference 2024 on Wednesday, May 29, 2024 at 3:30 PM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

article thumbnail

Ranked: The 3 Most Cost-Effective Types of Businesses to Start

The Motley Fool

Image source: Getty Images I've worked as an independent contractor for more than 10 years, so I know how important it is to keep costs low when starting a business. As a freelancer, I'm fortunate to have minimal expenses associated with my work. Many businesses are in the same boat. It's easier than ever to launch a new business and keep costs down, depending on which business you launch.

article thumbnail

KKR Provides $300 Million Corporate Credit Facility to Origis Energy

KKR

NEW YORK & MIAMI--(BUSINESS WIRE)-- KKR, a leading global investment firm and Origis Energy (“Origis”), a leading renewable energy and decarbonization solution platform, today announced that vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis. Proceeds from the facility will support the continued development and.

article thumbnail

With Shares Trading Down 55%, Is Now the Time to Buy This High-Yield Tobacco Stock?

The Motley Fool

Share prices of British American Tobacco (NYSE: BTI) have fallen roughly 55% since hitting a high-water mark in 2017. The dividend yield is now an incredibly high 9.4%. If you're a dividend investor, is now the time to jump in? The answer isn't an easy one. Why is British American Tobacco stock falling? Whenever a stock sees dramatic price drops the first question investors should ask is, "Why?

article thumbnail

KKR to Present at the TD Financial Services & Fintech Summit

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 8:35 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those unable to listen to.

article thumbnail

3 Expenses Medicare Won't Cover That You Can Buy at Costco for Less

The Motley Fool

Image source: Getty Images A good 67 million people are enrolled in Medicare today. And without it, many older Americans would no doubt struggle to find affordable health coverage in retirement. But Medicare isn't perfect -- far from it. Not only are there numerous out-of-pocket costs involved, like copays and deductibles, but there are a number of essential services that Medicare doesn't cover.

Financing 246
article thumbnail

KKR Invests in Healthcare Revenue Solutions Provider Infinx

KKR

MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Infinx Services Private Limited (“Infinx” or the 'Company'), an AI-driven healthcare revenue cycle solutions provider, today announced the acquisition of a significant minority stake in Infinx by a KKR-managed fund. Through this investment, KKR will leverage its extensive experience in the global healthcare and.

article thumbnail

Here's How Much Your Social Security Benefit Might Plunge in 11 Years, and 1 Way to Supplement Your Retirement Instead

The Motley Fool

Millions of retired seniors get monthly benefits from Social Security. But in about 11 years' time, those benefits have the potential to get cut in a serious way. There's really no beating around that bush. However, with some savvy planning on your part, Social Security cuts don't have to be a problem for you. Why Social Security cuts may be coming Social Security gets the bulk of its revenue from payroll taxes.

Taxes 246
article thumbnail

Vitesse Secures $93M in Series C Funding Led by KKR, Appoints Curt Hess as US Executive President

KKR

- New funding supports product development and enhances connectivity across the insurance value chain, accelerating Vitesse’s mission to revolutionize global payments and treasury management - Appointment of Curt Hess as US Executive President solidifies Vitesse’s commitment to the US market LONDON--(BUSINESS WIRE)-- Vitesse, a leading treasury and payment solutions provider for the insurance.

Funds 40
article thumbnail

Got $200 Per Month? This Warren Buffett ETF Could Turn It Into $650,000 With Next to No Effort

The Motley Fool

If you're ready to start investing in the stock market, give yourself a pat on the back. Investing remains one of the most effective and attainable ways to make money over time, and getting started is the first step toward building life-changing wealth. However, choosing the right investments can be daunting. There are countless stocks and funds to choose from, and if you invest in the wrong places, it could cost you.

article thumbnail

KKR Invests in Leading Filipino Higher Education Group PHINMA Education

KKR

Transaction marks KKR’s first Global Impact investment in the Philippines MAKATI, Philippines--(BUSINESS WIRE)-- KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under.

article thumbnail

Is It Time to Dump Nvidia Stock for Advanced Micro Devices After Microsoft Announcement?

The Motley Fool

Microsoft recently announced that it would offer its cloud computing customers the option of using MI300X artificial intelligence (AI) chips made by Advanced Micro Devices (NASDAQ: AMD). Microsoft will offer clusters of MI300X chips through its Azure cloud computing service as an alternative to Nvidia 's (NASDAQ: NVDA) H100 graphic processing units (GPUs).

article thumbnail

KKR prices ¥91,400,000,000 of senior notes

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the.

40
article thumbnail

Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever

The Motley Fool

Relax, do what you enjoy, and rake in money. That probably sounds like a great life for most people. Making it a reality isn't easy, but it's possible. The key is to generate passive income. You'll need to have money to make money, but once you've got it, there are plenty of great alternatives to put your money to work for you. Want decades of passive income?

Returns 246
article thumbnail

KKR & Co. Inc. Reports First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its first quarter 2024 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial results.

article thumbnail

Flying With Southwest? Here's How Costco Can Save You $50 on Your Next Flight

The Motley Fool

Image source: Upsplash/The Motley Fool Traveling by airplane has the potential to be an expensive prospect. Just the other day, I was looking at flights from the NYC area to Austin, Texas, for a random Tuesday in July, and lo and behold, my cheapest option was almost $800 for a round-trip. No thanks. Now, the good news is that there are steps you can take to save money on airfare.

Prospects 246
article thumbnail

Cotiviti Completes Recapitalization with KKR and Long-Standing Owner Veritas

KKR

SALT LAKE CITY--(BUSINESS WIRE)--Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR. KKR and Veritas are now co-sponsors with equal ownership stakes in Cotiviti.

Stakes 40
article thumbnail

If You'd Invested $1,000 in Realty Income Stock 5 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Passive income investors love real estate investment trusts (REITs) because their dividends are often high-yielding and reliable. REITs are required to pay 90% of their income as dividends, which can lead to some high payments. Realty Income (NYSE: O) is one of the best. It's a retail REIT and leases its properties to some of the most stable essentials retailers, so it reliably gets its rent and pays its dividend.

Investing 246