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- Clark Biweekly 8 26 24
Clark Biweekly 8 26 24
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If you invested $1,000 in the S&P 500 in 1980, you’d have $50,539 today. If you put that same $1,000 in Berkshire Hathaway in 1980, you’d have… (find out later in this email!)
💵 Today’s Top Stories
 | This foreign car brand now claims the title of the top five cars most likely to last a quarter million miles, including this model with a 36.6% chance. Read more. |
 | Earning a large income while enjoying the benefits of working from home is possible. Check out this list to see if you’re qualified for one of these high-paying remote jobs. Read more. |
 | If you want to keep your valuables safe, you may want to secure them in the same place Clark does – and that’s NOT in a bank safe deposit box. Read more. |
 | YouTube’s streaming product is offering a four-month discount for new customers and free NFL Sunday Ticket to some Verizon customers. Here are some other perks and insights. Read more. |
 | Ever wish someone would just tell you the perfect cell phone plan? Wish granted. Team Clark created a tool to determine the plan that meets all your needs at the lowest possible price. Read more. |
📣 Today’s Top News
🏠️ Today’s Current Mortgage Rates
According to Freddie Mac, 30-year mortgage rates are 6.46% and 15-year rates are 5.62% as of August 22, 2024. The following chart shows the 30-year mortgage rate trend over the last year.
📈 What Exactly You Own If You Hold Shares of Warren Buffett’s Company
Look up the word “compounding” in the dictionary and you may find a picture of Warren Buffet. The 93-year-old Oracle of Omaha, chairman and CEO of Berkshire Hathaway, has leveraged compound growth better than almost any investor for decades.
If you invested $1,000 in the S&P 500 in 1980, you’d have $50,539 today. If you put that same $1,000 in Berkshire Hathaway in 1980, you’d have $2.05 million today.
What, exactly, would you own today if you bought $1,000 worth of Class B shares (BRK.B)?
The company holds close to $300 billion in cash, the most ever. And it owns several companies, including railroads, insurance, energy assets … even Dairy Queen and Duracell.
According to Sherwood, based on SEC filings and CNBC, your $1,000 would break down as follows:
$391: Operating businesses and assets (insurance, railroads, utilities, energy, etc.)
$292: Cash
$89: Apple
$61: Other stocks
$43: Bank of America
$37: American Express
$27: Coca-Cola
$23: Japanese stocks
$20: Chevron
$17: Occidental Petroleum
📊 Stat of the Day
🪙 $1 million: The price of a gold bar as of mid-August. That’s an all-time record, as gold hit $2,500 per ounce on Aug. 16. The average gold bar weighs 400 ounces. Here’s Clark’s advice on buying gold.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
It’s time for "Clark Stinks!" Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, new tax credits are coming for energy-efficient home improvements. Clark shares a few fairly simple things you can do to make your home more comfortable and put more money in your pocket.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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