“Retirement accounts with ill-conceived beneficiary designations could potentially cost your family tens of thousands or even hundreds of thousands of dollars if done wrong,” according to Dan Stewart, president of Revere Asset Management. Social Security benefits have an automatic survivor benefit, but beneficiary designations are crucial for retirement plans, such as IRAs. For 401(k) plans
In this article CAG SHEL-GB TTWO PTON Follow your favorite stocksCREATE FREE ACCOUNT The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals Park Rheinland in Godorf near Cologne, Germany, August 3, 2022. Wolfgang Rattay |
On Friday, Credit Suisse’s (NYSE:CS) bosses accidentally triggered a panic after attempting to reassure staff and customers in an email. Rather than calm nerves, the memo created hysteria over the Swiss bank’s liquidity. Shares would plummet 12% when markets opened on Monday and credit spreads would widen from 140 basis points to over 500. As
While going after discounted equities merely for the psychologically satisfying numerical profile often leads to unpleasant results, on occasion, certain inexpensive ideas such as under $20 stocks to buy can be a great deal over time. To be sure, prospective participants must exercise caution. This is no arena for risk-averse traders. Still, patience and a
What Is BRIC? BRIC is an acronym for Brazil, Russia, India, and China. The BRIC economies, or the “Big Four,” were collectively seen as emerging economic powerhouses. Economist Jim O’Neill, chair of Goldman Sachs Asset Management, introduced the acronym in his 2001 paper, “Building Better Global Economic BRICs.” After the 2008-2009 financial crisis the economic
Last Friday, Tesla (TSLA) unveiled its humanoid Optimus robot during its annual AI Day presentation. The robot itself – which looks eerily similar to the bots in iRobot – didn’t do much. It took a few steps, waved to the crowd, pulled off a dance move. And that was that. Most folks were disappointed with
Peloton Interactive (PTON) is cutting more jobs to reduce costs. CEO Barry McCarthy said the struggling fitness equipment maker has about six months to turn itself around or it likely won’t survive as a viable stand-alone business. McCarthy indicated in a note to employees and in interviews that the connected-fitness firm will lay off another
The technology-component shortage is, unfortunately, a global phenomenon. And Singapore-based Kulicke and Soffa Industries (NASDAQ:KLIC) stock isn’t immune to supply-chain issues. Founded way back in 1951, Kulicke and Soffa provides semiconductor and electronic assembly solutions. The company is known for developing interconnected solutions, which boost performance and power efficiency, reduce formfactor and promote assembly excellence,
What Is a Rewards Credit Card? Rewards credit cards offer you some type of “reward”—typically cash back, points, or travel miles—for every dollar you spend, sometimes up to certain limits. Depending on the card, you can then use your rewards in a variety of ways. Key Takeaways Rewards credit cards typically offer cash back, points,
Has the bear market ended? I wish I knew. But since there’s no way to know with complete certainty, investors must be prepared for multiple outcomes going forward. It’s why I suggest always keeping a list of must-buy stocks. More than just knowing what stocks to buy, investors should know when they want to buy
In this article PINS CAG PTON COMP TWTR SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock added 2% in the premarket after it reported better-than-expected quarterly profit and sales. Conagra also reaffirmed its full-year guidance. Peloton (PTON) – Peloton slid
Lately, stock markets have favored value investors. The past few months have been painful for growth investors. Richly priced growth plays have fallen drastically. For value investors, however? With the market downturn, many stocks have fallen to dirt cheap valuations. So you can find excellent cheap stocks under $10 per share. There are many names
A year ago, undervalued electric vehicle stocks would have been an oxymoron. The sector was flying high on hope, hype and a ferocious appetite for growth stocks. This year has been a different story, as investors fled to safety and supply chain snags tripped up many in the industry. But there are some bullish signs
Running out of money during retirement is a fear that haunts many of us. An inadequate pension, an unexpected financial emergency, or the death of a breadwinning spouse could suddenly make life very uncomfortable and push an older, already vulnerable person over the poverty line. One potential solution for struggling older property owners is to
The S&P 500 ETF (NYSEARCA:SPY) has not performed well in 2022. It is down 22.4% so far this year, including dividends. But the market is made up of individual stocks, and not all stocks have done so poorly. In fact, a few have even managed to generate positive returns in this difficult environment. One such
There are approximately 50 long-term Warren Buffett stocks to choose from. These range from the highest market value of Apple (NASDAQ:AAPL) at $2.5 trillion to the lowest — Liberty Latin America Class C (NASDAQ:LILAK) — with a value of around $1.5 billion. If you’re familiar with Warren Buffett’s investing style, you know that the Berkshire
Preston Pysh talks with James Lavish about all the major macro trends in the world including the Japanese yield curve control, the potential housing bubble, energy markets, Bitcoin, and more. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:00:23 – What in the world is happening with the Japanese Yield Curve Control? 00:15:28 – James’
People constantly wonder how to spot a healthy movement in a stock… So what is the point of knowing if a stock’s price action or movement is healthy? If you understand a healthy move you will be able to stay in the trend longer and make more money. This will give you a better insight
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The stock market is now creating an opportunity for investors. Long-term tech stocks to buy abound, following some seriously negative sentiment and declining stock prices over the last month. The Federal Reserve heightened market fears when it raised interest rates by 75 basis points. Moreover, it cited the risk of inflation embedding itself into the