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@range_finance

Range is the all-in-one wealth management platform building the future of wealth management through AI. Your wealth. Simplified.

McLean, VA Katılım Ağustos 2022
71 Takip Edilen987 Takipçiler
Range
Range@range_finance·
How much does it take to be in the richest 1%? It depends entirely on where you live. 🇲🇨 Monaco — $12.9M 🇺🇸 United States — $5.8M 🇨🇳 China — $1.1M "Rich" is relative to your borders. The bar to join the top 1% swings more than 10x across countries. Source: Knight Frank, The Wealth Report (Wealth Sizing Model). #wealth #networth #personalfinance #investing #money Not investment advice; investing involves risk.
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Rolex just added $10,000 to one watch overnight — and it's the fourth price hike in 18 months. Not a single steel model moved. Only gold. And the reason why is the part most people aren't talking about. If you own a gold Rolex and think it's an investment, you need to watch this. 👇
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Range@range_finance·
Rooting for Range partner @Mike_kim714 playing at the 154th British Open today! He’s taking on some of the top golfers in the world at Royal Birkdale Golf Club for one of the most important tournaments of the season. We’re cheering him on from across the Atlantic! Let’s go Mike!
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Range@range_finance·
Just 10 stocks now make up ~38% of the S&P 500. That's the most top-heavy the index has been in modern history, and higher than the peak of the 2000 dot-com bubble. The "diversified" index fund you own may be a far bigger bet on a handful of mega-caps than you realize. Worth knowing what's actually under the hood of your portfolio. Source: S&P Dow Jones Indices, index weights as of July 2026. For information only; not investment advice. Investing involves risk including possible loss of principal. #investing #stockmarket #sp500 #personalfinance #wealthmanagement
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Range@range_finance·
The 10 most expensive homes ever sold — and the #1 isn't in Beverly Hills. It's a $301M château outside Paris. 6 of the top 10 cluster in LA, yet none top the list. $1.8B across 10 doors. Location + rarity set the price. Not investment advice.
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Range@range_finance·
MicroStrategy owns 843,000 bitcoin — about 4% of every coin that will ever exist. And they just reported a $12 billion loss. But it's not real money walking out the door. It's a paper markdown from a new accounting rule that took effect last year — the same rule that's now letting other public companies put bitcoin on their balance sheet without weird accounting penalties. While the headlines screamed "loss," Saylor paused buying bitcoin and started buying back his own bonds at an 8% discount. That move alone booked a $333 million gain. No new bitcoin required. Since August 2020, the stock is up 28x — 3x what bitcoin itself did in the same period. The bitcoin treasury playbook just got a second act.
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Michael S. Kim
Michael S. Kim@Mike_kim714·
With my partners at @range_finance I'm giving away 5 signed Range.com hats! Here's how to enter:     -Repost or comment this thread and     -Subscribe to The Range Weekly Review the free weekly newsletter from my AI wealth management partners at @Range_finance, where their team of wealth advisors and market experts breaks down what's moving markets, what it means for your money, and what you can actually do about it (link threaded below) (Paid partnership with @Range. #ad. Not investment advice. No purchase necessary; subscribing is free. Open to U.S. residents 18+.)
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Range@range_finance·
Micron just joined the $1 trillion club — the latest hit the milestone on the back of the AI gold rush. The stock was up almost 20% in a single day, and has more than tripled year to date. The reason? AI needs memory chips, and Micron makes them. The AI boom is often framed as a software story. But we can’t sleep on the fact that it's running on hardware.
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Range@range_finance·
@Mike_kim714 Keep those submissions going! Winners will be announced on Friday
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Range@range_finance·
The all-time sports team sale record went from $2B to $10B in just over a decade. Lakers — $10 billion. Browns — $9 billion. Padres — $3.9 billion. Raiders — $11 billion valuation. 20 years ago, the average NFL team was worth $900M. Today? $7.65 billion. That's an 8.5x return. Across all four major leagues, franchise values returned closer to 15x. The S&P 500? About 7x in the same window. And the next sale will probably break the record again.
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Range@range_finance·
Listen to Mike, subscribe to our newsletter for a chance to win a Range hat, signed by Range partner @Mike_kim714 👇
Michael S. Kim@Mike_kim714

Subscribe to The Range Weekly Review here:  range-weekly-review.beehiiv.com/michael-kim-su…  If you want to get your finances in order → This newsletter is for you  If you want to stay ahead of market movements → This newsletter is for you  If you want the latest business news without the noise → This newsletter is for you

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Range@range_finance·
Ferrari built a fake engine sound into a $640,000 car — and immediately said goodbye to $3B in market cap. Their first electric, the Luce, was designed alongside Apple legend Jony Ive, and has some impressive stats: 62 mph in 2.5 seconds 193mph top speed All-glass upper body 5 seats — a Ferrari first But sports car aficionados couldn’t get over the off-brand look and sound of the new EV. Stock dropped 6% the same day.
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Range@range_finance·
The Pentagon called Anthropic a national security risk. Then kept using it to run military operations. 🤔 A federal judge just called that a "spectacular overreach." Here's what actually happened: The DOD couldn't agree on contract terms for a $200M deal — so they reached for the most powerful label they had. But if Claude was really a threat… why is the military still running on it right now?
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Range@range_finance·
Jeff Bezos doesn’t want to pay more in taxes, and he doesn’t want lower-income workers paying any taxes at all. We broke down the billionaire's hottest takes from his recent CNBC sit-down with Andrew Ross Sorkin.
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Range@range_finance·
We ranked the 10 priciest cars in auction history, and the leaderboard is wild: 7 of the top 10 are Ferraris — yet a Mercedes takes the crown. Together, the 10 are worth over half a billion dollars. 🏎️ Which one's in your dream garage? Follow us for more luxury collectible insights. #ferrari #classiccars #investing #mercedesbenz #carsofinstagram
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Wall Street just issued an IPO bubble warning. Bank of America just warned that if SpaceX and OpenAI go public at their reported valuations, the top U.S. stocks could control 48% of the entire market. That's a higher concentration than what we saw in the dot-com bubble, and has only been surpassed once in history: the 1880s railroad boom. Are we in an AI bubble? Or is this just the beginning? Tell us what you think in the comments.
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