Posts

Showing posts with the label Money

This Retired Musician has made over $170 Million from the Stock Market and now shares some of his lessons

Image
A lot of rappers and musicians are known to lose all of the wealth and money that they have ever made in their careers. But Edward Avedisian isn't one of them. Edward is a retired musician from the Boston Pops and he didn't inherit a hoard of cash and he didn't work for a company that gave him some stock options as well. According to an interview conducted by MarketWatch , he was a self-taught investor who read investing-related books and would also read about stocks and markets on CNBC, and Wall Street Journal every day, as much as he could.  Avedisian didn't exactly share his current holdings or investments, but Zacks' stock strategist, Tracy Ryneic believes that he holds some of Berkshire Hathaway, Microsoft, Amazon, and Monster Beverage. The 85-year-old who has given most of his fortune away, despite this year's market volatility, said he is bullish on the markets more than ever and envied those who are just beginning to invest. He also said, "It's ...

Rishi Sunak is Wealthier than the Royals

Image
The newly appointed Prime Minister of the UK, Rishi Sunak, and his wife have a combined net worth of $820 Million. This makes them the 222nd richest couple in Britain and this means that they are wealthier than King Charles who is roughly worth $600 Million after inheriting $500 Million from his mother, Queen Elizabeth after her death on September 8. The major chunk of the couple's net worth comes from Sunak's wife, Akshat Murty's $460 Million stake in Infosys. India's second-largest IT & software company. The Citizens of the United Kingdom doubt whether Sunak will be able to deliver his promises to the people because he does not understand what it is like to live under the bare minimum, which is the current situation for a lot of households in the UK as of now because of high inflation and poor control by the government on recent economic turndowns.