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How to Retire By 40 According to People Who Have Done It

Now entering their 30th year of retirement, the Kaderlis have more money than ever. “For us, it was a bit of a leap of faith because we didn’t have anybody to mentor us or to follow,” says Billy Kaderli, who was the vice president of investments and a branch manager at Dean Witter Reynolds before retiring in 1991. While early retirement may be easier today than in the 90s, it’s still not “easy.” To retire by 40, you need to be prepared to make sacrifices today that will allow you to provide for your future. …read more […]

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Tesla Surges Past $700 on Panasonic Profit, Bullish Price Target

(Bloomberg) — Tesla Inc.’s shares rallied for a fifth day Monday, adding more than $100 per share, as a torrent of good news further boosted investor sentiment.The stock rose as much as 21% to $786.14, its highest price ever, and the stock’s best intraday gain since May 2013.Earlier today, Panasonic Corp., which makes batteries for Tesla at its jointly operated battery plant in Nevada, said the business turned profitable in the quarter ended Dec. 31. The rapid increase in Tesla’s output helped push that business into the black, Panasonic Chief Financial Officer Hirokazu Umeda told reporters in Tokyo on Monday, …read more […]