On the eve of the financial crisis, Capital Group was king of the mutual fund business—even though most investors had never heard of it. The Los Angeles-based company’s American Funds unit ran seven of the nation’s 10 biggest funds, including the largest of all, the $193 billion Growth Fund of America.
Marcus Lemonis, star of CNBC's TV series The Profit, is often willing to help out failing businesses -- but, as you may have seen on his show, there's generally a caveat. For Mallow Crunchies owner Nikki Lewis, that means coming up with a very detailed growth plan.
Sorry, but the phrase "safe high-yield investments" is an oxymoron, like jumbo shrimp and honest politician. Investments that promise fatter yields or hold out the prospect of above-average returns always come with more risk, whether it's in the form of more volatile returns or loss of principal.
After the recent wild stock market swings in China, Europe and the United States, it can all feel even more bewildering. But it's easier than you might think to "boldly go" where many others like famed investor Warren Buffett have gone before.
Avid Life Media, the Canadian company behind recently-hacked infidelity website Ashley Madison, told Bloomberg back in April that it was prepping an initial public offering that would value that company at upwards of $1 billion.