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Stock impact report

You Don't Need to Be a Billionaire to Own This Yacht — In Fact, You Don't Even Need $20,000 [Yahoo! Finance]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: Yahoo! Finance
Image Credit: Aerial-motion / Shutterstock. When most people hear the word “yacht,” they picture billionaires sipping something sparkling on the back deck while helicopters hover nearby. In reality, the average person is usually busy paying for far less glamorous things. Like rent, car payments, and groceries. For most Americans, those three expenses alone eat up a massive portion of their income. After housing, transportation, and food are covered, what's left typically goes toward insurance, entertainment, and maybe a modest vacation if the math works out. Luxury purchases, when they happen, tend to be smaller indulgences: a nice watch, a pair of shoes, or perhaps a slightly nicer car. A yacht? That's normally several tax brackets away. But a new venture from Richard Liu, the founder of Chinese e-commerce giant JD.com, wants to change that — at least for buyers in China. A Yacht With a Used-Car Price Tag Image Credit: Visual China Group via Getty Images. Liu recently la Show less Read more
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