PHILADELPHIA, Dec. 18, 2025 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) has closed a $100 million private offering of Series A Mandatorily Redeemable Preferred Shares due December 18, 2030. These Shares are rated A2 by Moody's Investors Service, Inc. Net proceeds from the offering will be used primarily to refinance the Fund's existing debt and to make new portfolio investments. The table below summarizes certain key terms of the Fund's current leverage: Amount($ in millions) Mood ...

There’s no shortage of Dave Ramsey fans out there looking to build their own fortune, even up to a fraction of his $200 million net worth. Many have found the money guru’s methods to be helpful in their financial trajectory, but this doesn’t necessarily mean his advice will work for you. Be Aware: Warren Buffett: 10 Things Poor People Waste Money On For You: These Cars May Seem Expensive, but They Rarely Need Repairs “His methods, which he promotes as a universal approach to personal finance, often fail t ...

Core Insights - The article discusses how President Donald Trump's real estate strategies and dealmaking skills can be applied by individuals to enhance their savings and investment opportunities [1][2]. Group 1: Investment Strategies - Patience in Dealmaking: Trump emphasizes the importance of waiting for the right investment opportunity rather than making hasty decisions. This approach mirrors Warren Buffett's investment philosophy of patience [3][4]. - Aggressive Investment: When a promising deal arises, Trump invests aggressively, utilizing all available capital. This strategy highlights the need to be prepared to act quickly when significant opportunities present themselves [4]. Group 2: Use of Leverage - Leveraging Investments: Trump effectively uses leverage in his real estate deals, a strategy that is also employed by other successful investors like Warren Buffett. Leverage can amplify returns but also carries risks [5]. - Margin Trading and Options: Stock investors can utilize leverage through margin trading accounts or by purchasing deep in-the-money call options, which allows for greater exposure to stocks with less initial capital [6][7].