Dalio’s Shift on Cash is Reminder to Check Your Savings Accounts

(Bloomberg) — Ray Dalio has changed his mind on cash. The founder of Bridgewater Associates has been disparaging cash as an asset since early 2018. But with interest rates rising sharply, the billionaire investor has had a change of heart. Cash, he recently tweeted, now offers “neither a very good or very bad deal.” “I … Read more

China’s Buyers Scoops Up the Biggest Number of Singapore’s Private Apartments

Mainland Chinese buyers have scooped up the largest number of Singapore’s private apartments this year compared with other foreigners, underscoring the amount of wealth flowing into the city-state from the world’s second largest economy. Buyers from China purchased 932 private units in the first eight months of 2022, almost twice the number bought by Malaysians, … Read more

CNBC ranks the top-rated financial advisory firms of 2022

Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of ​​expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial advisor will … Read more

Manhattan apartment sales fell 18% in Q3 as rates rose and markets fell

Luxury high-rise apartments are viewed across Central Park South near Columbus Circle in the Manhattan borough of New York. Robert Nickelsberg | Getty Images Manhattan apartment sales fell 18% in the third quarter, as rising mortgage rates and declining stock markets put the brakes on New York’s real estate comeback. The drop is the first … Read more

What are the best business hotels in Europe: London, Paris, Frankfurt

International travel may still have its challenges. But finding a solid hotel for a business trip isn’t one of them. CNBC Travel and the market data firm Statista today release a ranking of the “Best Hotels for Business Travelers” in Europe. This is the first ranking of its kind between CNBC and Statista, who are … Read more

Here’s how advisors are helping clients reduce their 2022 tax bill

Hero Images | Hero Images | Getty Images Weigh Roth IRA conversions With the S&P 500 Index down more than 20% in 2022, many investors are eyeing Roth individual retirement account conversions, which transfer pre-tax IRA funds to a Roth IRA for future tax-free growth. The trade-off is paying an upfront tax bill. However, lower … Read more

American homebuyers find UK bargains, discounted by a weaker pound

Street in Chelsea district, London Alexander Spatari | Torque | Getty Images American homebuyers are searching for bargains in the UK, as a weaker pound contributes to double-digit price cuts. The fall in the British currency, which is off 17.5% against the US dollar year to date, has made UK real estate cheaper for buyers … Read more

Ten Things Elon Musk’s Texts Reveal About the Twitter Deal

10. In March, Sam Bankman-Fried, the crypto billionaire, tried to get in touch with Musk through an associate to discuss joining in a deal for Twitter. Musk appeared uninterested — and unaware of Bankman-Fried’s wealth, asking, “Does he have huge amounts of money?”

The one tip to find full-time travel

“What if I were to die tomorrow, what would you do for the rest of your life?” That’s what Malaysian Samantha Khoo asked her Singaporean husband Rene Sullivan in 2017, when he came home late from a long day of work. “It was really sudden and it took me some time before I answered here,” … Read more