Some of the most sought-after stocks are those that come with a hefty price tag. That’s because many of us equate value with price. The higher the price, the more valuable and, therefore, the more desirable a company becomes. But let’s face it, the average investor may not be able to afford a single share
0 Comments
A Roth IRA can be a great place to stash retirement savings. Unlike a traditional IRA, there is no income tax to pay on money you withdraw or rules forcing you to empty a minimum amount annually from your account when you reach a certain age. Even better, these retirement accounts are pretty much available
0 Comments
The IRA withdrawal rules for a Roth IRA are generally more flexible than those for traditional IRAs and 401(k)s. This is because Roth IRA contributions have already been taxed and any account growth is tax-exempt. Still, you’ll want to do your homework before making any Roth IRA withdrawals. If you don’t meet certain requirements, you
0 Comments
The Goldman Sachs Group, Inc. (GS) reportedly is on the verge of announcing a major reorganization, which will put its biggest businesses into three divisions. One division will house Goldman’s investment banking and trading operations. The second will include its wealth management and asset management businesses, as well as its Marcus online consumer banking unit.
0 Comments
Medicare is the nation’s health care program for citizens aged 65 years and up, and younger people who meet certain eligibility criteria. Medicare Part A, Part B, Part C, and Part D cover many major medical expenses for participants. Choosing the right Medicare plan can be confusing, and it may be difficult to decipher all
0 Comments
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Mark Cuban is a world-famous entrepreneur and investor with a net worth of $3.3 billion, according to Forbes. He is the current owner of the Dallas Mavericks, one of the teams in the Western Conference division of the National Basketball Association (NBA). He is also the
0 Comments
J.C. Penney Company (JCP) is one of America’s oldest retailers but it’s hit a rough patch the last few years. Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss whether the company is in a turnaround and if it will survive. J.C. Penney has had a management problem for several years. New
0 Comments
Key Takeaways Bank of America’s 3Q net interest margin came in above analyst estimates. Net interest margin is a measure of the difference between the interest banks earn on their assets and the interest they pay out to depositors and other creditors. The bank’s earnings per share (EPS), profit, and revenue also topped predictions. Source:
0 Comments
The International Monetary Market (IMM) was introduced in December 1971 and formally implemented in May 1972, although its roots can be traced to the end of Bretton Woods through the 1971 Smithsonian Agreement and Nixon’s suspension of U.S. dollar’s convertibility to gold. The IMM Exchange was formed as a separate division of the Chicago Mercantile
0 Comments