“We will use the proceeds to buy a house in Orange County, Calif. to be closer to family and relatives.” (Photo subjects are a model.) – MarketWatch photo illustration/iStockphoto An earlier version of this article misstated how the outstanding mortgage balance factors into the taxable gain from the sale. Dear Tax Guy, We plan to […]
Aside from artificial intelligence (AI), companies enacting stock splits are the hottest thing on Wall Street. A stock split allows a publicly traded company to cosmetically alter its share price and outstanding share count while having no impact on its market cap or operating performance. In particular, investors have focused their attention on high-flying stocks […]
For almost 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street. Since becoming CEO in 1965, the benchmark S&P 500 has increased by more than 35,000%, inclusive of dividends paid. By comparison, the affably dubbed “Oracle of Omaha” has overseen aggregate gains in his company’s […]
Undervalued stocks are rare gems in today’s stock market. They can be hard to find, but they can be lucrative for investors who look for the right features. Workday (NASDAQ: WDAY) is one of the more impressive companies available on the market today, and the stock’s valuation should have more investors thinking about buying shares. […]
Will the winner please stand up? That’s what South Carolina Education Lottery officials are asking as time is running out for a game’s $300,000 grand prize to be claimed. The person who bought the six-figure winning Palmetto Cash 5 ticket at a gas station in South Carolina has less than a week to claim their […]
Cathie Wood is trying to get back on track since blowout returns in 2020 that made her one of the most widely followed growth stock investors in the country. It hasn’t been easy for the co-founder, CEO, and investor at Ark Invest. Her exchange-traded funds have trailed the market badly in two of the past […]
Over the last century, no asset class has generated a higher average annual return than stocks. With thousands of publicly traded companies and exchange-traded funds for investors to choose from, investors of all walks and risk tolerances are likely to find a security that meets their goals and grows their wealth. But among the countless […]
By Dharamraj Dhutia MUMBAI (Reuters) – Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed. These banks stepped up purchases after a softer-than-expected U.S. inflation print ramped up rate cut bets, with India’s inclusion in JPMorgan’s […]
BEIJING (AP) — A military history buff in China appears to have made an alarming discovery after picking up four discarded books for less than $1 at a neighborhood recycling station: They were confidential military documents. The country’s Ministry of State Security told the story in a social media post on Thursday, praising the retired […]
Indianapolis men bought an abandoned baseball stadium for just $1 — and transformed it into luxury apartments The historic Bush Stadium once hosted the Indianapolis Indians and was used as a dirt track and even a car storage site — before getting converted into the luxury Stadium Lofts complex that rents units for $900 to […]
Nvidia (NASDAQ: NVDA) has created an incredible amount of value over the last 18 months. It was a $360 billion company at the beginning of 2023, but it now stands alongside Apple and Microsoft in the $3 trillion club. The 826% surge in Nvidia’s stock price over that period was driven by red-hot demand for […]
Buying and holding solid companies with stock trading at attractive valuations for a long time is one of the best ways to make money in the stock market. Adopting this strategy allows investors to capitalize on secular growth trends and disruptive technologies. This is part of why buying shares of Nvidia (NASDAQ: NVDA) right now […]