Benzinga

Did you know the financial guru owns $600M in real estate—paid for entirely in cash? ?? His advice? Keep it simple: “The borrower is a slave to the lender.” Ramsey says debt doesn’t just weigh you down—it stops you from building real wealth. Instead, focus on your most powerful wealth-building tool: your income. ?? Example: Skip the average $503 car payment and invest that cash instead. Ramsey claims $500/month in a growth stock mutual fund could turn into $5M by retirement! ?? His top tip: Invest in good growth stock mutual funds (not just index funds). Diversify across growth & income, growth, aggressive growth, and international funds. Discipline today = millions tomorrow. Let’s talk—what’s your take on Ramsey’s debt-free approach? ??

Jeff Bezos encouraged his siblings Mark and Christina to invest $10,000 each in the company in the mid-1990s. Little did any of them know at the time that this would make them billionaires one day. In 1996, Bezos’ siblings each bought 30,000 shares of Amazon for $10,000. Jeff had one condition, though: if Amazon failed and the investment turned sour, he still wanted to be invited to his siblings' homes for Thanksgiving, according to the book “The Everything Store: Jeff Bezos and the Age of Amazon.” Luckily for Bezos and his siblings, Amazon flourished and turned them all into billionaires. That small $10,000 investment back in 1996 is now worth $1.30 billion, assuming that neither of the Bezos siblings sold any shares so far. This makes for a staggering gain of 13,025,889%. According to an analysis by Bloomberg, Mark and Christina Bezos had an estimated investment of $640 million each in July 2018. Based on Amazon's current stock price and accounting for stock splits, bonus shares, and other corporate action, the Bezos siblings' stakes are now worth $1.30 billion. Bezos’ vision for Amazon, despite the internet’s limited use in the mid-90s, led to the company’s founding in July 1994. He managed to convince his family, despite the high risk, to invest in his venture. The company went public on May 15, 1997, at $18 per share, and under Bezos’ leadership, it has grown to a market cap of $1.86 trillion. Mark and Christina Bezos have maintained low public profiles. Mark pursued a successful career in advertising and philanthropy, while Christina focused on family and philanthropy.

Andrew Hones, CEO of New Market Capital, just dropped a game-changing idea on CNBC: a new platform combining real estate with Bitcoin as collateral! ???? Here’s the scoop: A $2M loan was issued, blending a 63-unit property in Philadelphia with Bitcoin as collateral. This hybrid loan offers a unique hedge against inflation and reduces risk compared to traditional property-only loans. Borrowers must hold Bitcoin in escrow for 4 years, but they can repay at any time. ?? Hones sees Bitcoin as a way to stabilize pension funds and protect portfolios with its long-term growth potential. ?? What do you think? Is this the future of investing?

"If you’re between jobs and can take a year off, do it." – That’s advice from none other than OpenAI’s CEO, Sam Altman. After selling his first startup, Sam hit pause on his career at just 26. Instead of rushing to the next big thing, he spent the year exploring—diving into nuclear engineering, AI (back when it was just starting), synthetic biology, and investing. He traveled, met fascinating people, and even helped others with no strings attached. So, here’s the question: If you had the chance, would you step off the career treadmill for a year? Is it a bold move for growth—or a luxury most can’t afford? ?? Let’s hear your take—what would you do with a year off?

At Benzinga’s Future of Digital Assets event, Steven Orr, CEO & Founder of Quasar Markets, shared his incredible journey in building a next-gen fintech platform. From conquering the pitfalls of Web3 AI to creating a global, multi-language trading experience – this guy is pushing the boundaries. ??? - Next-Level AI + Web3: Imagine merging VR, AR, and AI for a trading experience that’s so immersive, it’s like Minority Report for your portfolio! ???? - A Global Vision: Tailored platforms that adapt to every country's unique trading needs. Japan to Saudi Arabia, no country gets left behind. ???? - Education + Trading: A major focus on teaching users, with world-class mentors guiding people through the markets and showing them the ropes. ???? The future of fintech is all about bringing education, accessibility, and innovation to a whole new level. ??

?? Jim Cramer has spoken, and he’s all in on Bitcoin! Cramer is clear: "All I can tell you is, own #Bitcoin. That's a winner." ??

The S&P 500 has just wrapped up an unbelievable two-year streak of 20%+ gains — a feat that’s only happened four times in the past 150 years! ?? But according to Bank of America’s Michael Hartnett, this bull market might not last forever. ?? Here’s what to watch for in 2025: 1?? "Boomy" economic backdrop – Companies are gearing up ahead of potential tariffs, and unemployment claims are low. 2?? Goldilocks bond yields – Central banks might cut rates, fueling more growth. 3?? Political incentives – With elections coming up, pro-risk policies could keep markets afloat. But there’s a catch: Valuations are stretched to extremes, and inflation could make a comeback, derailing the current rally. Read more about this at ? https://lnkd.in/dRq4zm4Q

We had the chance to talk with Jan van Eck at this year's Future of Digital Assets conference, and here's what he had to say about the current state of investing and the future of fiscal policy. ?? Despite political shifts, monetary policy will likely remain steady, but what’s up in the air is government spending. With huge budget deficits and the election looming, it’s anyone’s guess what fiscal policies we’ll see in the coming years. But there's more! Jan also highlighted the rapid growth of AI, with companies showing incredible progress in just the last 3-6 months. In such a fast-paced industry, events like this are crucial for staying ahead. ?? Check out the full interview to hear Jan's insights on investing, government spending, and the future of AI!

Want to know what millionaires won’t spend on? Here’s a peek into their mindset: 1?? Processed Foods: They prioritize health and avoid junk food, opting for organic, fresh options from farmers markets. ?? 2?? Cheap Stuff: Forget fast fashion and low-quality furniture. Millionaires invest in quality, long-lasting items. ??? 3?? Major Repairs: Why patch things up? They replace old, broken stuff—whether it’s a vehicle or home appliance—saving time and stress. ???? 4?? Outdoor Equipment: No DIY lawn care for them! Millionaires hire pros to maintain their property and free up their time. ?? 5?? Lottery Tickets: They didn’t get rich by gambling! Millionaires stay away from the lottery, focusing on solid investments instead. ?? What’s your take? Could these habits make a difference in your wealth-building journey?

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