Author: josh
Saving for retirement is pointless thanks to the impending “supersonic tsunami” of AI and robotics, which will bring about a world of zero scarcity, according to Elon Musk. While the Tesla and SpaceX CEO admitted he’s “more optimistic” than most, he insisted people shouldn’t stress over building a nest egg for the distant future, contrary to the staid advice of nearly all other financial professionals. “Don’t worry about squirreling money away for retirement in 10 or 20 years,” said the world’s richest man on the Moonshots with Peter Diamandis podcast last week. “It won’t matter.” Part of Musk’s controversial take…
In This Article BiggerPockets members have spoken. Their verdict: cautious optimism. In the brand new BiggerPockets Pulse survey, BP members were asked to fill out their expectations for 2026. Despite a year of sluggish frustration in many markets, those surveyed feel generally good about doing deals in 2026, with hopes for lower interest rates and affordability in stabilizing markets, signaling a gentle changing of the winds in favor of investors looking to build their portfolios. The Only Way Is Up Make no mistake, this is not the frenzied euphoria of 2020-2022, but more of a “the only way is up”…
Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Powell characterized as a false pretext.
Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at $1.5 billion including Sun Country’s debt, the two carriers said in a joint statement on Sunday. Sun Country’s shareholders will receive 0.1557 shares of Allegiant common stock and $4.10 in cash per Sun Country share, the companies said. The offer represents a premium of 19.8% over Sun Country’s closing share price on Friday, according to the statement. The combined entity will provide more than 650 routes, including 18 international destinations in Mexico, Canada, the Caribbean and Central America, the companies said. “Together, our…
Stranger Things aren’t just happening on screen. They’re unfolding across social feeds, where audiences increasingly shape narratives in real time. From fandom-driven belief systems and breaking news cycles to platform shifts and AI-led discovery, participation is no longer passive. As control moves away from institutions and toward interpretation, clarity, restraint and trust have become the most valuable currencies online.
A rare copy of the comic book that introduced the world to Superman and also was once stolen from the home of actor Nicolas Cage has been sold for a record $15 million. The private deal for “Action Comics No. 1” was announced Friday. It eclipses the previous record price for a comic book, set last November when a copy of “Superman No. 1″ was at sold at auction for $9.12 million. The Action Comics sale was negotiated by Manhattan-based Metropolis Collectibles/Comic Connect, which said the comic book’s owner and the buyer wished to remain anonymous. The comic — which sold for…
Melinda French Gates has transformed her relatively young Pivotal Philanthropies Foundation into one of America’s largest private foundations almost overnight, in part due to her split with ex-husband Bill Gates. As part of the pair’s high-profile divorce announced in 2021, Gates agreed to make a $7.88 billion donation—one of the largest ever—to French Gates’ private foundation, according to a tax filing, as previously reported by the New York Times’ DealBook. Gates’ donation skyrocketed Pivotal Philanthropies Foundation’s assets by more than 1,000% to about $7.4 billion in 2024, according to a tax filing. That’s up from $604 million at the end…
Key takeaways Buying a home at auction may give you a lower price, but you could risk overpaying. Auctions are held online or in person, but you’ll need to show proof of funds in advance. Research the property in advance to identify red flags, such as liens or major repairs. The homebuying process involves a lot of steps; however, there are non-traditional ways you can buy a home. One of these options is buying a home at auction. Buying at auction can move faster than a traditional sale, but it also offers fewer protections for buyers. If you’ve never heard…
In This Article Dallas-Fort Worth is the No. 1 market to watch in 2026, a designation it has received for the second year in a row. Global accounting and financial services firm PwC and the influential Urban Land Institute have just released their annual Emerging Trends in Real Estate 2026 report, ranking the top 10 markets to watch in 2026 and naming the Texas city the top choice. The list was compiled by surveying over 1,700 real estate investors, developers, lenders, and advisors in both the U.S. and Canada. “Our primary theme was around navigating the fog. We use that…
Is real estate investing still worth it? High mortgage rates and home prices can make buying a rental property seem challenging, if not impossible at times, particularly for a rookie investor with zero experience. But not to worry—in this episode, we’re sharing beginner-friendly tips that will help you find and fund cash-flowing deals in 2026!Welcome to another Rookie Reply! We’re back with three questions from the BiggerPockets Forums, the first of which comes from someone who’s looking to break into real estate but is unsure of how to make the numbers work in today’s high-interest-rate environment. Is now a bad…