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Aritzia Announces $200 Million Secondary Offering of Subordinate Voting Shares
Globenewswire· 2026-01-13 23:01
Brian Hill sells shares for estate planning, investment diversification and charitable giving purposes Remains Aritzia’s largest shareholder with approximately 15.9% equity interest NOT FOR DISTRIBUTION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Aritzia Inc. ("Aritzia" or the "Company") (TSX: ATZ), a design house with an innovative global platform offering Everyday Luxury online and in its boutiques, today announced that Brian Hill, Founder and Executive Chair of Ar ...
‘Are you crazy?’: Suze Orman explains why this $1.6 million retirement plan would backfire, and how to avoid the trap
Yahoo Finance· 2026-01-10 11:33
Core Insights - Advisor.com offers a platform that matches users with financial professionals based on their ZIP code and personal information, facilitating free consultations to align financial goals with expert advice [1] Group 1: Retirement Planning - Services like Advisor.com provide reliable retirement planning guidance, emphasizing the importance of financial management for individuals, particularly women over 50, who often prioritize family over personal financial planning [2][3] - Suze Orman highlights the complexity of the American tax system, which complicates financial planning, especially for women [3] - Orman advises against converting a pretax 401(k) to a Roth account without understanding the tax implications, as it can trigger a taxable event [4] Group 2: Investment Strategies - Orman advocates for diversifying retirement accounts and emphasizes the benefits of saving early to reduce tax burdens and enhance financial security [6] - Roth IRAs are particularly recommended for their tax-free withdrawal benefits, which can help avoid negative tax impacts on Social Security benefits during retirement [7][8] - Gold is suggested as a stable investment option, having increased in value by approximately 70% over the past year and over 700% in the last two decades, making it a viable choice for inflation hedging [10] Group 3: Real Estate Investments - Investing in real estate can provide tax advantages and consistent retirement income, especially when done directly rather than through REITs [13][14] - Platforms like Mogul offer fractional ownership in vetted rental properties, allowing investors to benefit from rental income and tax benefits without the hassle of property management [15][16] - Arrived provides opportunities for tax-exempt investments through self-directed checkbook IRAs, making it easier to incorporate real estate into investment portfolios [18]
Dave Ramsey says this purchase can keep Americans from moving up from middle class How you can build real wealth instead
Yahoo Finance· 2025-10-24 09:37
Core Insights - The article emphasizes the importance of financial prudence, particularly in relation to car purchases and investments, suggesting that individuals should avoid unnecessary debt from additional vehicles and instead focus on building wealth through appreciating assets [2][3][7]. Group 1: Car Purchases and Financial Advice - Americans typically borrow an average of $40,927 for new vehicles and $26,248 for used vehicles, indicating a significant financial burden associated with car ownership [2]. - Financial expert Dave Ramsey advises against purchasing a second car, highlighting that owning multiple vehicles can lead to increased financial obligations and may hinder wealth accumulation [3][4]. - Ramsey suggests that individuals should limit their spending on depreciating assets, such as cars, to no more than 50% of their income to foster wealth-building [7]. Group 2: Investment Opportunities - The article advocates for investing in appreciating assets, such as real estate, rather than spending on depreciating items like cars, to enhance financial stability and growth [8][12]. - First National Realty Partners (FNRP) offers a platform for accredited investors to engage in commercial real estate investments, providing a streamlined process and access to essential brands [9][10]. - Arrived allows individuals to invest in shares of vacation and rental properties with a low entry point of $100, enabling passive income generation without the responsibilities of traditional property management [11]. Group 3: Alternative Investment Options - The article discusses the potential of gold IRAs as a hedge against market volatility, allowing investments in physical precious metals while enjoying tax advantages [13][14]. - Masterworks provides a platform for investing in shares of high-value artwork, making art investment accessible to a broader audience and demonstrating a profitable track record with 23 successful exits [16][17].
Mexican Billionaire, Who Set Up One of the Nation's Top Banks, Called Dollar-Like Fiat Money The 'Biggest Fraud' And Sees Bitcoin As The Only Escape
Yahoo Finance· 2025-09-22 09:46
Group 1 - Mexican business tycoon Ricardo Salinas Pliego expresses strong belief in Bitcoin while criticizing fiat currencies as a "fraud" [2][4] - Salinas argues that money deposited in banks is not safe, as it is often loaned out rather than kept in reserve [3][5] - He emphasizes the importance of financial freedom and control through Bitcoin, suggesting that many are trapped in a "matrix" of government control [3][4] Group 2 - Salinas holds 80% of his wealth in Bitcoin, with a net worth exceeding $5 billion, and has minimal exposure to stocks [5] - He began investing in Bitcoin when it was around $200 and made significant profits, selling it for approximately $17,000 [5]