Legendary investor Warren Buffett on Monday published a letter to shareholders letting them know he will be handing off the duties of writing Berkshire Hathaway’s annual report and speaking at shareholder meetings to his successor, Greg Abel. Buffett, the 95-year-old chairman and CEO of Berkshire Hathaway, wrote that, “I will no longer…

Key takeaways The issuing bank often cashes checks for non-customers for $5-$8 — your cheapest option if you have a government ID. Walmart charges flat fees of $4-$8 to cash most checks, making it more affordable than check-cashing stores that charge up to 10%. Check-cashing stores are the most expensive…

Warren Buffett, 95 years old, delivered his final letter to shareholders, telling his followers, “I’m going quiet.”  He did, however, make note of his plans for more philanthropic donations to the charities he supports, while also wishing his successor, Greg Abel, who will take the helm at the end of…

Key takeaways CDs earning 4% APY provide guaranteed returns with FDIC insurance up to $250,000 — making them one of the safest investments available. A $10,000 CD at 4% APY earns $400 in one year, while a 5-year CD at 4% APY generates $2,166 in total interest. CD laddering spreads…