If I am not spending all my required minimum distribution (RMD) money each year, can I roll some of this back into my stocks? If so, will I be taxed on the amount rolled back in? Would this be considered double taxation? If I’m only taxed on the additional interest this money generates when I […]
Tag: Reinvest
‘What Would Make Me Reinvest in Nvidia?’
Nvidia ARK Invest CEO Cathie Wood said it would take a “significant price correction” for her to reinvest in Nvidia having sold out last January, ahead of a 160% surge in the chip maker’s shares price. Speaking at ETF Stream’s ETF Ecosystem Unwrapped 2024 event last week, Wood said Nvidia was a cyclical stock that could face […]
Hertz Selling 20,000 EVs in the U.S., to Reinvest in Gas-Powered Vehicles
Updated Jan. 11, 2024 3:38 pm ET Hertz is selling about a third of its global electric-vehicle fleet, a major reversal for the rental-car company after it positioned itself as a champion of the technology with plans to vastly grow its fleet of plug-in models. Hertz said Thursday that it would sell about 20,000 EVs […]