Home to the ninth-lowest beta in the S&P 500 index, snacking juggernaut The Hershey Company (NYSE: HSY) dispels the notion that “safe” stocks can’t generate life-changing returns. While its 0.34 beta — which measures the company’s share price movements compared to the broader market — signifies extremely stable operations, Hershey has tripled the total returns […]
Finding emerging consumer brands while they’re small is a simple, effective way to build lasting wealth in the stock market. Let’s look at fast-growing companies that are on the verge of turning healthy profits and could deliver massive gains for shareholders over the next decade and beyond. 1. DraftKings One way to find long-term winners […]
Tennessee has a proud history of family-owned farms and land passed down through generations. Today, those assets are in jeopardy. The death tax amounts to double taxation. Dealing with the death of a loved one is hard enough. Adjusted for inflation, a family’s estate is taxed if it supersedes a net worth of $13.61 million per individual […]
Artificial intelligence (AI) has emerged as a force to reckon with in the modern economy and is transforming the lives of people across the world. Not surprisingly, AI has also become a major investment trend and has piqued the interest of seasoned and new investors. While several companies now boast cutting-edge AI-powered technologies and solutions, […]
Creating wealth for yourself can be supremely satisfying, reducing or wiping out the worries of running out of money in retirement. If you’re really good at saving and investing, though, you may be able to do better than just create wealth for yourself. You may create lasting generational wealth, providing for your children and their […]
Stocks aren’t lottery tickets or get-rich-quick opportunities, but there are some promising investment opportunities in the market that can be transformational forces within a portfolio. If you have enough risk tolerance, you should consider a few stocks that are in the earlier, less certain stages of their lifecycle but also have enormous potential and clear […]
This topic is very dear to my heart because it captures the real-life experience of my family’s journey toward prosperity. My family left the toils of sharecropping in rural Alabama in search of a better life. We not only escaped the certainty of becoming generational sharecroppers but most importantly, we escaped the ever-present threat of […]
‘Not a get-rich-quick scheme’: This young Chicago man’s ‘ah-ha’ moment in college turned into a $2.3M portfolio — here’s how you can ‘build generational wealth’ through real estate investing Karun Vij had an ah-ha moment in college that would change his life forever: he came to the realization that his path to financial freedom was […]
Historically, the U.S. stock market is an excellent means of creating generational wealth, especially for long-term investors who hold on to their winning investments despite short-term noise. For example, $1,000 invested in the S&P 500 in 1950 would have grown to over $2.6 million by 2023, despite the multiple boom and bust cycles. However, to […]
Many families want to leave a legacy for their children. A great way to leave a lasting financial legacy is to own assets that steadily increase in value over the decades while sending a rising income stream to the holder. Investing in high-quality dividend stocks can be a great way to build generational wealth. Realty […]
Many people think of long-term investing as buying and holding a stock for several years instead of succumbing to the psychological temptation of short-term trades. However, holding a stock for decades instead of years could create even bigger generational gains that you could potentially pass on to your children and grandchildren. For example, the S&P […]
Dec. 28—By Dan Rodricks — drodricks@baltsun.com December 28, 2023 at 8:50 a.m. Nobody asked me, but the vice chair of the Baltimore Planning Commission should probably refrain from the specious argument that the debate over proposed apartment towers on Harborplace represents some sort of generational divide. “It seems like a lot of older folks remember […]