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Kevin O'Leary warns against making this 1 big mistake when there's 'blood in the streets'
Kevin O'Leary warns against making this 1 big mistake when there's 'blood in the streets'

Yahoo

time2 days ago

  • Business
  • Yahoo

Kevin O'Leary warns against making this 1 big mistake when there's 'blood in the streets'

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Escalating trade tensions amid tariff threats under President Donald Trump has rattled investor confidence. While the roller-coaster market might tempt some investors to sell, 'Shark Tank' star Kevin O'Leary is taking a different approach. 'Nobody likes volatility, but the market was extremely expensive,' O'Leary said in an interview with Yahoo! Finance on March 13. 'I've lived through multiple corrections of up to 20%. I have to admit, I did some buying lately.' Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how The sharp pullback in stocks — particularly in the tech-heavy Nasdaq and small-cap Russell 2000 indices — caught O'Leary's attention. 'I can't catch the bottom, but I've seen great companies that still have great growth prospects selling down,' he said. O'Leary believes this kind of downturn is exactly the moment investors should be stepping in, even if the headlines are full of doom and gloom. 'Everybody feels, 'Oh my goodness, it's the end of the free world as we know it' — this always happens,' he said. 'As an investor you learn that you have to hold your nose, and when there's blood in the streets you have to be buying. It's an old adage, but it's not incorrect.' What O'Leary says he's buying So, what exactly has O'Leary been buying? Rather than picking individual stocks, O'Leary revealed he buys indices, favoring rule-based exchange-traded funds (ETFs) that provide broad exposure while following a disciplined strategy. 'I use ALPS [mutual funds] because I once had an ETF company that did this,' he shared. 'I use their OUSA product for the S&P 500 and OUSM for the Russell 2000, and I bought more because it's on sale.' While O'Leary is confident in the long-term benefits of buying during downturns, he cautions against trying to predict the exact bottom. 'You just have to look long term and realize these are buying opportunities, but never think you're going to catch the bottom. I don't even guess to do that, I don't try to time the market,' he remarked. Read more: Rich, young Americans are ditching the stormy stock market — O'Leary's strategy meets Buffett's wisdom O'Leary isn't the only high-profile investor who champions index investing — Warren Buffet has long been a vocal advocate of the strategy for everyday investors. Buffett has previously stated: 'In my view, for most people, the best thing to do is own the S&P 500 index,' meaning shares in an index fund. The legendary investor, who Forbes estimates is worth $160-plus billion, believes everyday investors are better off putting their money into a broad-based, low-cost index fund that captures the long-term growth of the U.S. economy. He believes so strongly in this strategy that he instructed 90% of his wife's inheritance be invested in 'a very low-cost S&P 500 index fund' after he dies. The beauty of this approach is its accessibility — anyone, regardless of wealth, can take advantage of it. With Wealthfront's automated investing platform, the power of compound interest works for you. Their sophisticated "set it and forget it" approach means your money is professionally managed and automatically rebalanced, allowing your wealth to grow steadily over time. Start investing for the long term with globally diversified portfolios or go for a higher yield than a traditional savings account with an automated bond portfolio. Open your account today and receive a $50 bonus to jumpstart your investment journey. Whether you're saving for retirement, a home, or building generational wealth, Wealthfront's low-cost, automated investment strategy can help you achieve your financial goals. While investing in an index fund is straightforward, some investors may want guidance on building a portfolio that aligns with their personal financial goals. That's where a professional can help. With you can connect with a personal adviser who can help assess how you're doing so far and make sure you've got the right portfolio to meet your goals on time. is an online platform that matches you with vetted financial advisors suited to your unique needs. Once you're matched with an advisor, you can book a free consultation with no obligation to hire. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Car insurance in America now costs a stunning $2,329/year on average — but here's how 2 minutes can save you more than $600 in 2025 Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Amazon Ring Founder: Use AI If You Want a Promotion
Amazon Ring Founder: Use AI If You Want a Promotion

Entrepreneur

time18-07-2025

  • Business
  • Entrepreneur

Amazon Ring Founder: Use AI If You Want a Promotion

Ring founder Jamie Siminoff is back at Amazon after a two-year break, now leading the tech giant's home security camera division as a VP. The division is called RBKS for its entities: Ring, Blink, Key (in-home delivery service), and Sidewalk (wireless network). And according to an email viewed by Business Insider, if employees at RBKS want a promotion, their applications will now have to describe how they use AI at work. This is meant to reward "innovative thinking" and promote speed and efficiency, Siminoff wrote. Related: 'No Longer Optional': Microsoft Staff Mandated to Use AI at Work "When we combine innovative technology with our missions, we create something truly special," Siminoff wrote in the email viewed by Business Insider. Siminoff famously pitched his video doorbell company, then called "Doormat," on "Shark Tank" in 2013 and left without a deal. Then, after the company was acquired in 2018 for a reported $1 billion by Amazon, he went back on the show, this time as a Shark investor, sitting alongside Kevin O'Leary and Mark Cuban, the same people who rejected him years prior. Amazon isn't the only tech giant that's requiring the use of AI for promotions and performance reviews. In June, Microsoft also began considering formal metrics for evaluating how much employees use AI during the workday. Julia Liuson, president of the developer division at Microsoft, reportedly sent an email to managers that said "using AI is no longer optional," and the time spent using internal AI tools, both in-house and from the competition, should be measured in employee performance reviews. Related: Duolingo's CEO Clarifies AI Stance After Backlash — Read the Memo

Kids drive real construction equipment at this theme park coming to North Texas
Kids drive real construction equipment at this theme park coming to North Texas

Yahoo

time17-07-2025

  • Entertainment
  • Yahoo

Kids drive real construction equipment at this theme park coming to North Texas

A new theme park where kids can operate real-life construction equipment is coming to a North Texas mall. Dig World, a larger-than-life construction-themed adventure park, is set to open outside the Grapevine Mills mall in early 2026, according to a news release from the theme park. An opening date hasn't been set yet. The theme park was featured on the hit series 'Shark Tank' in March 2025, where co-founder Jacob Robinson, a Houston resident, pitched his vision to the sharks. Robinson's son Pierce, who lives with significant special needs after suffering from bacterial meningitis, is mesmerized by construction equipment, according to a news release from the theme park. His love for bulldozers and excavators gave Robinson the idea to create a family-friendly theme park where adults and kids of all ages could operate full-size construction equipment. ⚡ More trending stories from our newsroom: →Missed breakfast? Here's when Whataburger, others stop serving →What TX law says about taking breaks at work →Can you get fired for being late to work? This heart-felt story led 'Shark Tank' investor Robert Herjavec to invest in the company. Following its debut on 'Shark Tank,' Dig World opened it first park in Katy, Texas, about 30 miles outside Houston. About Dig World Dig World offers families and children a unique, hands-on experience operating real, full-size construction equipment. This construction-themed adventure park is professionally engineered with modifications for safe use by kids. Designed for both fun and education, Dig World aims to 'inspire the builders of tomorrow.' In partnership with Dude Perfect the park will feature construction-inspired trick-shot attractions complementing its signature construction-themed experiences. Visit Dig World Nation to sign up for updates on the construction. Solve the daily Crossword

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