A couple meeting with a financial advisor to discuss investment options for their Roth IRA. A Roth IRA is an account, not an investment, so once you’ve put money into the account it still must be invested. Common investment options for Roth IRA accounts include stocks, bonds, mutual funds, exchange-traded funds, money market accounts and […]
Chasing Procter & Gamble’s Reliable Dividends? A Hidden Opportunity Awaits For Savvy Investors Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Founded in 1837, The Procter & Gamble Company (NYSE:PG) is one of the largest manufacturers of fast-moving consumer goods. The conglomerate has weathered economic storms […]
Financial advisor and columnist Brandon Renfro My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our […]
(Bloomberg) — The Redstone family and independent film producer David Ellison have both offered concessions to make a possible change in control at Paramount Global more appealing to the company’s other investors, according to a person familiar with the talks. Most Read from Bloomberg Ellison is proposing to buy a block of Paramount shares at […]
(Bloomberg) — Robust global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on Federal Reserve interest rate cuts this year are completely abandoned. Most Read from Bloomberg After the best week for the S&P 500 Index since November pushed the US stock gauge back toward its record levels […]
Stanley Druckenmiller is one of the world’s most closely followed billionaire investors. He engineered George Soros’ famous bet against the British pound in 1992 and generated an average annual return of 30% for his hedge fund, Duquesne Capital, for three decades after its inception in 1986. Druckenmiller retired and closed his fund in 2010 but […]
Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2032 as EVs gradually replace gas-powered vehicles. Therefore, the […]
In the book Algorithms to Live By, I was exposed to a concept that improved my ability to make decisions — the “explore-exploit trade-off.” I’ll spare you the nerdy details. But I’m at the stage of life where I should be exploring things. Instead, I keep exploiting (ordering) the same chicken burrito from Chipotle Mexican […]
(Bloomberg) — The US Treasury is set to keep its sales of long-term debt steady in a new plan this week, with the government expected to get relief soon from the Federal Reserve’s rapid run-down in its securities holdings. Most Read from Bloomberg Dealers anticipate the Treasury on Wednesday will follow through on its January […]
Financial services is an industry desperate for some innovation. In an age when just about anything can be accomplished online, the idea of going to a brick-and-mortar bank to complete a basic transaction is not appealing. Fintech businesses that operate at the intersection of technology and finance, such as Stripe, Chime, Plaid, and others, have brought […]
The “Portuguese Gold” sardines cost $44.Kylie Kirschner The recent gold rally is counterintuitive, as high interest rates typically make bullion less attractive. But billionaire investor David Einhorn has a theory that he shared in his latest investor letter. Einhorn suggests that gold’s rally is potentially due to countries in the East buying gold from Western […]
OsakaWayne Studios/Getty Images Investors should be wary of coming Fed rate cuts, Black Swan investor Mark Spitznagel warned. That’s because the Fed is only cutting rates in response to a weakening economy, Spitznagel told Reuters last week. The US could see a recession and major stock crash before rates head lower, he predicted. Rate cuts […]