Kohl's and Opendoor Headline a New Class of Meme Stocks
Meet the cast of the meme-stock craze, season two.
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'Wealth Does Not Stop. Rich Stops.' -- Grant Cardone Explains How To Build Multi-Generational Wealth
A high salary does not guarantee that you will build multi-generational wealth for your children. What you do with your money can build wealth, and that's a key lesson Grant Cardone shared in a recent video. "Wealth does not stop. Rich stops," Cardone explained. Here's how you can use this insight to approach your finances differently and set the stage for multi-generational wealth. Don't Miss: 7,000+ investors have joined Timeplast's mission to eliminate microplastics—now it's your turn to $100k+ in investable assets? – no cost, no obligation. Your Wealth Can Outlive You Cardone started the clip by mentioning that Walmart (NYSE:WMT) founder Sam Walton still has five children who are on the billionaires list. His children are still on that list because Walton built the largest global retailer. Walmart continues to generate positive cash flow for its heirs. While Walton doesn't earn any additional income, his assets have outlived him. Those assets continue to provide wealth for his children. You can start a business and then hand it off to your children in the future. That's building wealth. You can also make a six-figure salary, but that salary vanishes the moment you pass away or can no longer fulfill the job's responsibilities due to age or another factor. It's also possible to get laid off from your job, while you have more control over your financial destiny if you start a business. Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — Your Wealth Gets Split Up After Death Cardone also mentioned that your wealth will get taxed and split up after you pass away. If you built your fortune on a rich salary with no assets, your children may not see a lot of it. Estate taxes and local taxes can also come into play, further reducing the inheritance you provide for your children. That's why starting a business is valuable. The cash flow continues to arrive, and your heirs can improve the business to boost its profits. If you don't start a business, you can also invest in assets like stock and real estate that generate income. It's better to be reminded of how your money will be taxed and split up when you pass your inheritance on to your heirs. It can give you the extra motivation to invest in passive assets and start a company that your children can A Brand Cardone wraps up the video clip by explaining that he's building a brand. He believes people will continue to talk about him for 50 years after he passes away. That type of brand will give his children more options. They can expand his work and continue to generate income from the company that he continues to build. It's easier to build a brand than ever before. You don't have to invest in supplies, retail locations, or any high-budget items. You can get started by creating a website, offering services that you can scale, producing content, and interacting with people on social media. Those efforts won't guarantee that you build a successful brand. However, if you are strategic about your core services, how you will identify your target customers, what marketing channels you use, and how you guide people along the customer journey, it's possible to develop a successful brand. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? WALMART (WMT): Free Stock Analysis Report This article 'Wealth Does Not Stop. Rich Stops.' -- Grant Cardone Explains How To Build Multi-Generational Wealth originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
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Beyoncé reunites Destiny's Child at final Cowboy Carter show
Destiny's Child have reunited for the first time in seven years for the grand finale of Beyoncé's Cowboy Carter tour in Las Vegas. The trio surprised fans with a medley of some of their best-loved songs, including Lose My Breath and Bootylicious. Kelly Rowland and Michelle Williams also joined Beyoncé for a rendition of her 2022 hit, Energy. The chart-topping group went their separate ways in 2006, but have previously reunited during Beyoncé's half-time performance at the Super Bowl in 2013 and at her Coachella headline slot in 2018. After the show on Saturday, Beyoncé shared a photo of the trio, dressed in gold jumpsuits, on her Instagram without a caption. Fans were treated to several guest performances throughout the Vegas show, with Beyoncé bringing out her husband Jay-Z and country singer Shaboozey for brief cameos. Blue Ivy, Beyoncé's daughter, also made an appearance. The 13-year-old has been a fixture of her mother's shows throughout the tour. The performance in Las Vegas was the 32nd and final of her Cowboy Carter tour, which also saw her perform in her hometown of Houston, Texas in June. The three-hour rodeo extravaganza has been praised for its high energy and artistry. It takes its name from Beyoncé's 2024 album Cowboy Carter, which was met with critical acclaim, including taking the top album prize at this year's Grammy Awards. The show has broken ticket records at the Tottenham Hotspur Stadium in London and Stade De France in Paris. More in Culture How much is too much to pay for Beyoncé? Drake cancels Manchester gig due to 'travel issues' Does this look like a real woman? AI Vogue model raises concerns about beauty standards
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3 stock picks for second half of 2025
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