Prakash Kolli

1 week ago | dividendpower.org | Prakash Kolli

Donald and Mildred Othmer were almost billionaires because they invested very early with Warren Buffett. They amassed a fortune of $800 million before both passed away. The story of Donald and Mildred Othmer is interesting since they amassed their wealth by investing with Warren Buffett and they lived frugally and were buy-and-hold investors. It is similar to the story of Stewart Horejsi, who also invested with Buffett and is worth about $4.3 billion today, according to Forbes.

1 week ago | dividendpower.org | Prakash Kolli

Warren Buffett, the Chairman and CEO of Berkshire Hathaway Inc (BRK.A) and (BRK.B), published his annual shareholder letter for 2024 to his shareholders, and the annual meeting is occuring this weekend. This article provides highlights from Warren Buffett’s annual letter for 2024. The letter makes for excellent reading. Many experienced investors look to his wisdom annually. As a historical note, the first annual letter on the Berkshire Hathaway website is from 1977.

1 week ago | dividendpower.org | Prakash Kolli

State Street Global Advisors offers a list of comprehensive ETFs under the SPDR brand. The most famous of the ETFs is SPDR S&P 500 ETF Trust (SPY), the largest ETF by assets under management (AUM). The SPY ETF tracks the S&P 500 Index. It also has the most trading volume, making it very liquid. The ETF was founded in 1993. A second well-known ETF from State Street is the SPDR Gold Shares (GLD), the largest and most liquid gold ETF.

2 weeks ago | dividendpower.org | Prakash Kolli

Managing wealth isn’t a one-size-fits-all task. It’s about making thoughtful choices to protect what you’ve earned while looking for ways to grow it. Some investors focus on keeping their money safe for the long term. Others are drawn to the potential of bigger returns, even if it means taking risks. The challenge is finding a strategy that covers both wealth preservation and growth—securing your finances now and setting up opportunities for the future.

3 weeks ago | dividendpower.org | Prakash Kolli

A special dividend is a one-time distribution of a company’s profits to its shareholders in addition to its regular dividend payouts. Special dividends are not guaranteed and are declared at the discretion of the company’s board of directors. They can vary significantly in amount and frequency. They should be considered a bonus on top of the regular dividend.