Latest news with #CadillacXTS
India.com
19-07-2025
- Business
- India.com
Becoming Rich Is Easy! Warren Buffett reveals secret, says don't spend money on...
Becoming Rich Is Easy! Warren Buffett reveals secret, says don't spend money on… Warren Buffett Saving Tips: In today's life, salaries are less, and expenses are more, due to which people are not able to save money for their future. Amidst the increasing expenses, it has become difficult to spend money wisely. In the social media era, people, especially youngsters, are under pressure to show off on social media platforms. This is why they buy expensive cars, watches, and branded products in order to become different from other people. If you are also one of those who often spend money unnecessarily or without thinking, then you should follow the words of one of the most successful investors in the world Warren Buffett. Here are the five golden rules of Buffett, according to which everyone should avoid spending money. Never Buy A New Car According to Warren Buffett, buying a new car is the biggest money-losing deal. He says that people who want to save money, should never buy a new car but a second-hand car in good condition. He says the price of a new car starts decreasing as soon as it leaves the showroom. It decreases every year and 60 percent in five years. Buffett himself drives a 2014 model Cadillac XTS car. Never Use Credit Cards As per Buffett, credit card loans a web, once a person get caught in it, it becomes difficult to get out of it. In India, banks are charging 30 percent annual interest on most credit cards. Credit card users believe paying the minimum credit card payment fulfils their obligation. However, this results in interest charges and minimal reduction of the principal balance. Always Stay Away From Lottery And Gambling Warren Buffett criticises gambling and lotteries, referring to them as a 'math tax' due to their inherent negative expected value. He argues that these activities are detrimental, diverting individuals from productive endeavors like diligent work and sound investment strategies. While initially appealing, consistent lottery participation often leads to financial ruin, fueled by the unrealistic expectation of a life-changing jackpot. Don't Buy House Bigger Than Needed Even after earning billions of dollars, Buffett still lives in the same house that he bought in the year 1958. According to him, a bigger house means more taxes, maintenance, servants and a lot of responsibilities. Invest Only In What You Can Understand Buffett has only one principle of investment, 'Never invest in a business that you cannot understand.' This means that you invest in the business you understand, and if you don't understand it, then investing in it is like putting your hard-earned money at risk.
Yahoo
31-05-2025
- General
- Yahoo
Albert Lea boy injured in Hayward crash
May 30—A 7-year-old boy was injured Thursday afternoon after a crash on Freeborn County Road 46 in Hayward. The child, Jeremiah Sierra McCormick, was taken by ambulance to Mayo Clinic Health System, according to the Freeborn County Sheriff's Office. The crash report stated the child was one of three passengers in a 2013 Cadillac XTS driven by Karena Danielle Sierra, 26, of Albert Lea. Sierra and the other passengers, Anarcah Amirah McCormick, 3, and Naleiah Adelite McCormick, 1, were not injured. According to the report, the Cadillac was westbound on Freeborn County Road 46 approaching 810th Avenue when a 2010 Ford Fusion, driven by Calli Ann Nelson, 20, of Glenville reportedly pulled out from a stop sign in the southbound lane on 810th Avenue and the two vehicles collided in the intersection. The vehicles then crashed into a 2008 Freightliner, driven by Kidaneaale Dejene, 40, of Minneapolis, that was eastbound on County Road 46 and waiting to turn southbound on 810th Avenue. The crash occurred at 1:10 p.m. Thursday.
Miami Herald
26-05-2025
- Business
- Miami Herald
Warren Buffett shares surprising plan for his retirement
When 94-year-old Berkshire Hathaway CEO Warren Buffett recently announced that he was planning to retire from his post after 60 years on the job, the financial world breathed a sigh mingled with both disappointment and pride. Buffett has earned universal admiration during his life, being known as an incredibly down-to-earth billionaire that has used his wealth to improve the world around him. Don't miss the move: Subscribe to TheStreet's free daily newsletter Buffett founded The Giving Pledge in 2010 in partnership with Bill and Melinda Gates with the aim of dedicating large portions of their wealth towards those in need. Buffett has said he intends to give 99% of his wealth to philanthropy during his lifetime. Hundreds of other billionaires have taken the pledge since the non-profit was founded, including media pundit Ted Turner, "Star Wars" director George Lucas, and young billionaire Nikhil Kamath, founder of online brokerage Zerodha. Related: Warren Buffett, Berkshire Hathaway sell banks to buy booze In addition to his impressive philanthropy work, Buffett has also charmed many by continuing to live simply despite his massive wealth. He lives in the same Nebraska home today that he originally purchased in 1958 for $31,500, and still drives the 2014 Cadillac XTS his daughter purchased for him. As Buffett has a history of choices that seem unusual for one of the world's wealthiest men, it's perhaps no surprise that in retirement, he also has something a bit different in mind than the average person might. In a recent interview with the New York Times about his decision to retire, Buffett said that even though he will step down from his position as CEO at the end of the year, he plans to still go into the office every day. Buffett says he will continue to contribute investment ideas, making a feisty quip about what he doesn't plan to do with his newly acquired free time. More Warren Buffett: Warren Buffett is entitled to gloat a littleBuffett's Berkshire has crucial advice for first-time homebuyersBuffett's Berkshire has bold housing market recommendation "I'm not going to sit at home and watch soap operas," he said. "My interests are still the same."′ Buffett's position will be taken over by vice-chairman of non insurance operations Greg Abel, who Buffett named as his successor in May 2021. In the Times interview, Buffett said that he realized that Abel was quickly able to surpass him in terms of what he could get done. Related: Warren Buffett sends strong message on stock market drop "The difference in energy level and just how much [Abel] could accomplish in a 10-hour day compared to what I could accomplish in a 10-hour day-the difference became more and more dramatic," said Buffett. "He just was so much more effective at getting things done, making changes in management where they were needed, helping people that needed help someplace, but just all kinds of ways." While Abel seems to be a worthy successor, Buffett also pointed out that his own years of experience give him another reason to keep going to the office. "I will be useful here if there's a panic in the market because I don't get fearful when things go down in price or everybody else gets scared," said Buffett. "And that really isn't a function of age." The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
06-05-2025
- Yahoo
Man shot over money at Love's gas station on Lamar Avenue, police say
MEMPHIS, Tenn. — A man was shot in the leg after an argument about money at a travel stop in the airport area on Monday, Memphis police say. On May 5, officers responded to an aggravated assault involving firearms discharged at a Love's Travel Stop at 3371 Lamar Avenue. The man was transported to Regional One in non-critical condition. According to reports, a French man said a woman was arguing with him about money, and he told her he had no money to give her. The victim said he was then shot once in his left leg. Car theft attempt turns into shooting at TJ Mulligan's in Midtown: MPD The complainant told police he was inside his car when he heard a gunshot, and he saw a silver sedan flee northbound on Lamar Avenue. He recorded the suspect leaving the travel stop. A witness said that the victim was arguing with the woman outside the victim's car when a man in a silver sedan stepped outside and shot the victim. Officers identified the suspect vehicle as a silver 2017 Cadillac XTS. Woman found shot in the middle of Lamar Avenue: Police Police say that after the shooting, the woman got into the gray sedan and fled the scene. The woman was described with shoulder-length hair and black biker shorts. The witness said that the woman was initially inside the victim's car in the front passenger seat. According to reports, officers saw a purse and a condom in the front passenger seat of the victim's vehicle, but it could not be processed because the vehicle was locked. If you have any information that could help police, call CrimeStoppers at 901-528-CASH. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to
Yahoo
18-04-2025
- Yahoo
Suspect charged in shooting that left 1 injured, another paralyzed at Nashville strip club
NASHVILLE, Tenn. (WKRN) — Authorities have arrested a suspect involved in a shooting outside of a Nashville club that left one victim paralyzed. The shooting happened at approximately 2:40 a.m. outside of Larry Flynt's Hustler Club in the 800 block of Rep. John Lewis Way on Wednesday, April 9. Officials at the scene told News 2 two men were sitting inside a red Cadillac XTS in the parking lot when the shooting occurred. PREVIOUS | 2 injured after shooting at Hustler Club in downtown Nashville The Metro Nashville Police Department said both men inside the Cadillac were taken to Vanderbilt University Medical Center with critical but non-life-threatening injuries. One man sustained a gunshot wound to his right thigh, while the other man suffered four gunshot wounds, including one that struck his spine, paralyzing him from the waist down. An arrest report now reveals the moments that led up to the shooting. Police said surveillance footage showed a group of people walk pass the Cadillac, which is when one of the victims rolled down the passenger window and said 'how you doing?' to one of the women in the group. One of the men in the group—identified as 30-year-old Javonte McCree-Brown— then stated 'that was his girl.' The victim said he apologized and rolled the window back up. However, McCree-Brown reportedly went to a Black Dodge Charger and got something from the passenger compartment. Officials said video then captured McCree-Brown walk back to the Cadillac and open fire on the passenger side of the vehicle. The 30-year-old then fled the scene in the Charger, according to an arrest report. Officers said they learned that McCree-Brown was inside the club before the shooting occurred and had to scan his ID before entering, which helped identify him as the suspect. Metro police said McCree-Brown is a convicted felon for felony charges out of Michigan and is prohibited from possessing a firearm. | READ MORE | For the shooting incident, the 30-year-old was charged with two counts of attempted criminal homicide, felon in possession of a handgun and two counts of aggravated assault involving strangulation. Booking records show he is being held in Metro Jail on a $305,000 bond. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
