Sat.Apr 20, 2024

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Warren Buffett's $31,000 House Is Now Worth $1.4 Million -- but He Still Says Renting Would've Made Him Wealthier

The Motley Fool

Image source: Upsplash/The Motley Fool You'll often hear that buying a home has the potential to be a good investment. And there may be some truth in that. Property values have the potential to rise a lot over time. Just look at the modest $31,000 home Warren Buffett bought in 1958. At this point, it's worth $1.44 million. So that's a pretty sweet gain for Buffett, should he choose to sell.

Taxes 246
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Sports investor Arctos to focus on US deals after raising $4.1bn fund

Financial Times M&A

Shareholder of Paris Saint-Germain targets predictable returns of home market where teams are not relegated and share profits

Investors 111
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Worried About a Stock Market Correction? Keep These 7 Timeless Warren Buffett Lessons in Mind

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is arguably the greatest investor of all time and is known for investment wisdom that we can all incorporate into our strategies. With the S&P 500 and other benchmark indexes down significantly in April, here are seven Warren Buffett quotes and how they can apply to this (and other) uncertain environments.

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Blackstone bids for Hipgnosis in attempt to derail $1.4bn Concord Chorus deal

Financial Times M&A

Emergence of higher offer could trigger battle for music rights owning company

Bidding 104
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Meet the Ultrahigh-Yield Dividend Stock That Helped 1 Member of Congress Generate a 122% Return Last Year

The Motley Fool

Beat the market. That's the goal for most investors. However, achieving that goal is often easier said than done. It wasn't difficult for quite a few U.S. senators and representatives last year, though. Over 30 of them managed to beat the market, with some of them raking in gains more than four times greater than the S&P 500. Meet the ultrahigh-yield dividend stock that helped one member of Congress generate a 122% return last year.

Returns 246
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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

Finance 40

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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

Capital 40
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Want the Max $4,873 Social Security Benefit? Here's the Salary You Need.

The Motley Fool

Social Security was never supposed to be your sole source of retirement income. Indeed, for disciplined investors, Social Security won't even be their biggest single source of income in retirement. If you can maximize the benefit of a program you're required to participate in, though, you may as well do so. To this end, here's a closer look at the kind of money you need to be making if you want to have any shot at earning the maximum Social Security retirement benefit of $4,873 per month.

Taxes 246
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KKR Appoints Ruchir Swarup as Chief Information Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Ruchir Swarup as a Partner and Chief Information Officer, effective immediately. In this role, Mr. Swarup will be responsible for driving KKR’s technology strategy and vision. Based in New York, Mr. Swarup will lead the firm’s efforts to embrace new technologies and scale existing technology to create efficiencies and reduce.

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Quiet Cutting Is the New Workplace Trend. Here Are 3 Signs It's Happening at Your Place of Work

The Motley Fool

Image source: Getty Images In recent years, many employees have taken to quiet quitting -- a practice that involves refusing to go overboard on effort at work and doing the bare minimum to avoid getting fired. But employers are fighting back, in a way, via a newer practice called quiet cutting. Quiet cutting is the practice of making workers' jobs less financially or mentally appealing without actually letting them go.

Companies 246
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HarbourView Equity Partners Secures Close to $500 Million in Debt Financing from KKR and Other Investors to Expand Music Investment Opportunities

KKR

NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

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2 S&P 500 Dividend Stocks With Yields Above 6% That You Can Buy With $100

The Motley Fool

If you're looking for dividend-paying stocks among members of the S&P 500 , finding a yield high enough to inspire a purchase can be extra challenging these days. The average dividend-paying stock in the benchmark index offers a paltry 1.39% yield. If you have just $100 available to invest, you could buy shares of both Altria Group (NYSE: MO) , and AT&T (NYSE: T).

Debt 246
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KKR to invest in Encavis AG to accelerate the Company’s long-term growth

KKR

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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Here's the Average Social Security Benefit at Age 65

The Motley Fool

Social Security is a program that most retirees couldn't live without. According to the Center on Budget and Policy Priorities, this leading program pulled 22.7 million people above the federal poverty line in 2022, including 16.5 million adults aged 65 and over. It's singlehandedly responsible for reducing the poverty rate for seniors from an estimated 38.7% without the program to just 10.2% with guaranteed monthly payouts.

Taxes 246
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KKR to support Ottobock with capital solution

KKR

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

Capital 40
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Why I Keep Buying This Ultra-High-Yielding ETF for Passive Income

The Motley Fool

My top financial goal is to grow my passive income so that it can eventually cover my monthly expenses. I've made a variety of passive income investments, including dividend stocks, real estate partnerships, and bonds. One of my favorite vehicles for generating passive income is investing in exchange-traded funds (ETFs). I own several income-focused ETFs , including the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI).

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KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

KKR

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects.

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2 Everlasting Big Pharma Stocks to Buy Today and Hold Forever

The Motley Fool

As investing legends like Warren Buffett probably know better than anyone, there's something satisfying about buying shares of a company you intend to hold for the rest of your career as an investor. By making a commitment to remaining patient for the long haul as the money trickles in, you're also demonstrating to yourself that you're serious about using the savvy investing strategies that it takes to improve your financial life in a durable fashion.

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KKR Announces Intra-Quarter Monetization Activity Update for the First Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from January 1, 2024 to March 21, 2024. Based on information available to us as of today, with respect to the period through March 21, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $350 million.

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3 Millionaire-Maker Artificial Intelligence (AI) Stocks

The Motley Fool

It's reasonably safe to say at this point that artificial intelligence is here to stay, joining a handful of other modern-era technological evolutions like smartphones and the internet. Unlike those other inventions, however, the AI industry is still in its infancy. Most of its growth is still in the future, presenting an opportunity for investors looking to capitalize on its growth.

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KKR & Co. Inc. Announces 2024 Investor Day

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) will hold an investor day for the investment community on Wednesday, April 10, 2024 with remarks from 8:00 am to 1:00 pm EDT. The day will feature presentations by KKR’s business leaders. A live webcast as well as related presentation materials will be available to all interested parties through the Investor Center section of KKR’s website.

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Spousal Social Security Benefits: 3 Things All Retired Couples Should Know

The Motley Fool

As you work throughout your career, a good portion of the taxes you pay go toward Social Security. For decades, Social Security has been one of America's most important social programs, especially when it comes to retirement. Social Security benefits provide guaranteed income for retirees and help keep many people out of poverty. Luckily, Social Security retirement benefits aren't solely for people who worked and paid taxes throughout their careers.

Taxes 246
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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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4 Superior Growth Stocks You'll Regret Not Buying in the New Nasdaq Bull Market

The Motley Fool

Wall Street has seen a fair amount of volatility since this decade began. Since 2020, all three major stock indexes have traded off bear and bull markets in successive years, with the growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) taking the brunt of this volatility. After losing 33% of its value during the 2022 bear market, the Nasdaq Composite powered its way to a new all-time closing high on April 11, 2024.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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Here's the Average Spousal Social Security Benefit at Ages 62 and 67

The Motley Fool

MassMutual recently published results from its 2024 Social Security survey, which quizzed 1,500 adults near retirement (ages 55 to 65) with 13 true-or-false questions. As usual, most respondents scored poorly. Less than 1% of participants answered every question correctly, while 78% failed or barely passed. Of particular concern, 25% of participants incorrectly marked the following statement as false: "If I have a spouse, he or she can receive benefits from my record even if he or she has no ind

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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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You Won't Believe How Much the Average Senior Spends on Healthcare

The Motley Fool

Leaving the workforce behind has never been so expensive. Recent surveys put the average cost of retirement at somewhere between $1.5 million and $1.8 million. And if today's seniors are any indication, workers should expect a significant chunk of those savings to go toward healthcare costs. About 13% of the typical senior household's spending went to medical expenses in 2022, according to the Bureau of Labor Statistics, and for some, this figure could be a lot higher.

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KKR & Co. Inc. to Announce First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the first quarter 2024 on Wednesday, May 1, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877).

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The Smartest Dividend Stocks to Buy With $400 Right Now

The Motley Fool

Dividend stocks aren't just for retirees. They provide passive income streams that can be valuable for people at any stage of life, and they're typically well-established anchor stocks that can provide security and ballast to a diversified and healthy portfolio. If you have $400 available to invest after paying down debt and building a robust emergency fund, Realty Income (NYSE: O) , Starbucks (NASDAQ: SBUX) , and Ally Financial (NYSE: ALLY) are three great candidates to add to your portfolio.

Banks 246
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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

Finance 40
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These 3 Top E-Commerce Stocks Are No-Brainer Buys, but Not for the Reasons You Think

The Motley Fool

E-commerce has grown into a massive industry. Despite beginning in the late 20th century, it continues to grow at a relatively rapid pace. Grand View Research forecasts a compound annual growth rate (CAGR) of 11% through 2030, taking the industry's global size to $5.4 trillion if the prediction holds. Despite the increase, many of the largest e-commerce companies have morphed into conglomerates, encompassing many businesses.

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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

Capital 40
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Billionaire Nelson Peltz Has 50% of His Portfolio Invested in These 2 Growth Stocks

The Motley Fool

In this video, I will review Nelson Peltz's Trian Fund Management portfolio and talk about the two stocks that comprise 50% of the portfolio. *Stock prices used were from the trading day of April 18, 2024. The video was published on April 19, 2024. Should you invest $1,000 in Walt Disney right now? Before you buy stock in Walt Disney, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Walt Disney wasn’t