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I shared my finances with an advisor to get his advice for preparing for a recession. In addition to having a solid health insurance plan, Keil suggests looking into a plan that includes a health savings account. Another strategy Keil mentioned is that if you have an HSA but can cover a health expense out of pocket, do that and save the receipt. For example, some of my fixed costs include my rent payment, health insurance monthly premium, and utility bills (electricity, cable bills, etc.). Action step: Keil also recommends opening a Roth IRA since withdrawals of both contributions and earnings are tax-free once you turn 59 1/2.
Halfpoint Images | Moment | Getty ImagesSome 70% of people want to age at home, yet only 10% have long-term care insurance, a recent HCG Secure/Arctos Foundation study found. Furthermore, about half of respondents had no idea how much in-home care would cost. "Basically, I try to segment the risk into a short-term need and a long-term need, and to fund them separately," he said. "And most of them can't afford long-term care insurance." Digging into any corporate retiree benefits beyond just a pension, as there's often additional services for in-home care, he said.
The EU is looking to increase the number of electric vehicles on its roads in the coming years. Alongside its use in cell phones, computers, tablets and a host of other gadgets synonymous with modern life, lithium — which some have dubbed "white gold" — is crucial to the batteries that power electric vehicles. "So we will identify strategic projects all along the supply chain, from extracting to refining, from processing to recycling," she added. The construction capital expenditure of the proposed lithium project is estimated to be around 1 billion euros (roughly $980 million), Imerys added. "In May 2022, lithium prices were over seven times higher than at the start of 2021," it added.
2022 kicked off with some huge transactions, from AT&T's WarnerMedia spin-off to private equity scooping up content players. Brad Pitt's production company, Plan B, and Diamond Sports Group both recently tapped big banks to explore their options. Not surprisingly, WarnerMedia was at the heart of the richest transaction fee waterfall for big banks in 2022. Moelis and LionTree were just tapped to help figure out what's next for Sinclair's Regional Sports Networks, Diamond Sports Group, while Brad Pitt's production company, Plan B, also hired Moelis to shop the production company, according to Variety. There's lots of dry powder still in private equity, Navid Mahmoodzadegan, co-founder and co-president at investment bank Moelis, told Insider.
Buying other companies is one option to help maintain its historical 20%-plus annual revenue growth, a person familiar with Amazon's deal process said. While Amazon doesn't necessarily prey on companies in trouble, the company is extremely price disciplined, the person familiar with Amazon's deal process told Insider. Bertucci has been a part of some of Amazon's largest transactions, including leading the MGM and One Medical deals. According to the person familiar with Amazon's deal process, Amazon only brings in investment banks when acquisitions reach roughly the $1 billion mark. Indeed, the One Medical deal alone could have netted Goldman and Morgan Stanley, which repped One Medical, in the tens of millions in fees.
2022 kicked off with some huge transactions, from AT&T's WarnerMedia spin-off to private equity scooping up content players. Company valuations are set to fall back to earth in 2023, and private equity and strategics are lying in wait. Not surprisingly, WarnerMedia was at the heart of the richest transaction fee waterfall for big banks in 2022. Joshua Grode's Legendary Entertainment, backed by Dalian Wanda and now Apollo Group, which took a stake in the studio in January. There's lots of dry powder still in private equity, Navid Mahmoodzadegan, co-founder and co-president at investment bank Moelis, told Insider.
They covered 1,100 kilometers (684 miles) with over 33,000 meters of elevation gain in 16 days, 16 hours and 56 minutes -- all under extreme weather conditions. The duo recently ran the entire border of Lesotho (pictured) in 16 days. Look through the gallery to see more of the world's most extreme foot races. Hide Caption 1 of 12 Photos: These are some of the most extreme foot races on Earth Everest: It's hard to imagine climbing Mount Everest -- let alone running it. Hide Caption 3 of 12 Photos: These are some of the most extreme foot races on Earth Iditarod Trail: Everest isn't the only cold-weather trail.
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