If you’re trying to build generational wealth, you shouldn’t think about getting rich quick. It’s all about creating a portfolio of companies that are built to last. On that score, you should keep old favorite Coca-Cola (NYSE: KO) and relatively young Chipotle Mexican Grill (NYSE: CMG) on your wish list, while Hormel Foods (NYSE: HRL) […]
Toyota has invested nearly $14 billion into its Liberty, North Carolina, “megasite” for EV batteries. Plans for the site were initially announced back in 2021, along with a $1 billion commitment. This was prior to the Inflation Reduction Act’s launch, which earmarked $369 billion in federal investments to help fight the changing climate. Since then, […]
Supercharged returns and the promise of AI have drawn investors—and meme-stock speculators—to equity markets in recent years. But it’s been a very different story for the bond market. After keeping interest rates near zero for almost a decade after the Great Financial Crisis and again during the COVID era, the Federal Reserve began aggressive rate […]
Investors often try to get rich quick, buying shares of stocks that are rocketing higher. The problem is that those stocks sometimes flame out in the end. A more reliable way to build generational wealth is to have a strong foundation of boring, reliable companies. It’s even better if those companies pay dividends that can […]
(Bloomberg) — Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to one of the world’s biggest bond managers, Pacific Investment Management Co. Most Read from Bloomberg “Active fixed income is positioned to perform well if there are no recessions over […]
WASHINGTON (AP) — The top-ranking Republican on a Senate committee that oversees the military is calling for a “generational investment” in America’s defense, saying aggressive and significant spending increases are necessary to deter coordinated threats from U.S. adversaries like Russia, Iran and China. Sen. Roger Wicker, a Mississippi Republican on the Senate Armed Services Committee, […]
To build lasting wealth with stocks, you want to look for companies with plenty of room to expand for many years. No matter how the stock performs in the near term, a company that grows its revenue significantly over decades will bring the stock along with it. On that note, Amazon (NASDAQ: AMZN) and Roblox […]
Airbnb‘s (NASDAQ: ABNB) first-quarter earnings report was fresh off the press on May 8. Despite solid beats on the top and bottom lines, investors sold the stock the following day as second-quarter guidance came up short. Shares lost 7%, a significant one-day sell-off for the travel leader. Revenue increased 18% year over year to $2.14 […]
TORGIANO, Italy (AP) — The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos and developing new artisanal talent to ease the luxury group through a generational shift in its workforce. Prada CEO […]
One of the more noticeable polling shifts between the last presidential campaign and this one is among Black voters. While they remain overwhelmingly aligned with President Joe Biden, his level of support is lower than in 2020. And Donald Trump’s Black support is often clocking in at levels that would outpace all previous Republican nominees […]
There are plenty of excellent investment opportunities in the market beyond the companies whose names you hear in the news. In this video, Fool.com contributors Matt Frankel and Tyler Crowe each discuss a stock you might not be too familiar with — yet. *Stock prices used were the morning prices of May 3, 2024. The […]
If you are trying to create generational wealth through your investments, you should probably try to find boring and reliable companies. Look for businesses that have proven they can keep chugging along through good times and bad, since life always gives you both. On that score, Procter & Gamble (NYSE: PG), Coca-Cola (NYSE: KO), and […]