What is the Mortgage Interest Deduction and how can you use it to help save money on your federal income taxes? In this episode of Personal Finance 101, Madeleine Johnson walks you through the basics. She also helps explain how this popular deduction was changed by the Tax Cuts and Jobs Act of 2017.
I recently saw a tweet from Charlie Bilello highlighting the top-performing S&P 500 stocks of the past 5, 10, 15, and 20 years. The top performers in each of these periods were once small company stocks. For example, over the past 20 years, Monster Beverage (NASDAQ:MNST) delivered a cumulative return of 134,341%. A $1,000 invested
[Editor’s note: “The Explosive Quantum Computing Stock to Save the World” was previously published in March 2022. It has since been updated to include the most relevant information available.] I’m a history junkie. So, let me start by sharing an interesting story from history that I bet a lot of you have never heard before.
My son became an investor this year, taking a job that pays more than his single, frugal lifestyle consumes. He asked me what stocks he might buy with just $100. It was a difficult question. Finding the best stocks for $100 presents a lot of unique challenges. The easy answer is, if a broker allows
The decision to start a family can be one of the most life-changing, meaningful, and expensive things a person does. Having a measure of control over that process means choosing the number of children you will have and when you will have them. Family-planning services are key to achieving that goal. These include programs that prevent
In this article ACB-CA ANET NOC Follow your favorite stocksCREATE FREE ACCOUNT General Mills’ Cheerios for sale on a store shelf. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Wednesday. Freyr Battery — Shares of the electric vehicle battery maker shot up 17.6% after Morgan Stanley said the company’s price
Editor’s note: Below you’ll find the week 106 release of the NYC Recovery Index, originally published September 13, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery made strong gains in the week ending September 4, 2022, as the index score rose to a score of 76 out
The three Chinese tech stocks profiled in this column are well-positioned to rebound during the rest of the year. In recent months, U.S. investors have been hesitant to include Chinese shares in their portfolios. That’s partly due to increased volatility as a result of country-specific political risks as well as the slowdown of global economic
Once upon a time, Tesla (TSLA) was the “golden goose” in the electric vehicle industry. It burst onto the scene as the first major pure EV maker in the early 2010s. By the middle of the decade, Elon Musk & Co. commanded about 10% of the global electric car market. In 2019 and 2020, the
It shouldn’t have to be your responsibility to avoid getting scammed out of your 401(k) plan contributions. Unfortunately, there are selfish, entitled, and desperate people in the world whose dysfunctional moral compass tells them it’s okay to steal others’ money. Here’s what to look out for so you can reduce your chances of being fleeced
CEOs of some of the biggest banks in the country are expected to appear before the House Financial Services Committee today and the Senate Banking Committee tomorrow. The title of the hearings is “Holding Megabanks Accountable.” JPMorgan’s Jamie Dimon, Bank of America’s Brian Moynihan, Citi’s Jane Fraser, and Wells Fargo’s Charles Scharf will all be in attendance,
In this article ACB-CA COTY EL BYND SFIX GIS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: General Mills (GIS) – General Mills shares gained 1.8% in the premarket after the food producer reported a better-than-expected quarterly profit and raised its full-year sales forecast. The company expects
Last week, I wrote about trends that investors simply cannot ignore right now, even in the midst of a bear market. While a bear market has enveloped the stock market and nearly swallowed individual stocks whole, there are still some bright spots. One such bright spot was cybersecurity stocks. While the economy has been hitting
Finding the right EV stocks to buy can be confusing. A flurry of new overseas and domestic startups and established automakers led to robust market activity, with several companies soaring to mega-cap valuations. Due to challenging macroeconomic conditions, EV stocks have fallen from all-time highs achieved last year. Nevertheless, the long-term bull case for EV
In financial markets, cash flows, growth outlook and valuation does matter. However, investor sentiment plays a key role in driving growth stocks higher or lower. When the economic outlook is positive and the financial system has ample liquidity, growth stocks tend to command a valuation premium. On the other hand, when the economic outlook weakens
It’s hard to find the best tech stocks to buy because technology stocks have been crushed like tin cans in this year’s market selloff. Ever since the 2008-09 financial crisis, technology stocks have posted outsized gains compared to just about any other category of securities. Between 2011 and 2021, the technology-laden Nasdaq index gained 440%,
The world has changed substantially thanks to the COVID-19 pandemic. Nowhere is this more evident than in the travel and tourism industry and the workforce. Economic losses continue to mount in tourism-dependent countries as people remain reluctant to travel. And employers now allow their staff to operate outside the office—something most companies see for the
What Is the American Families Plan? Frequently described as an “ambitious” plan to reinvigorate American households, the American Families Plan is one part of the Biden administration’s larger economic recovery framework, “Build Back Better,” which the White House says will restore the middle class and help families make ends meet. The $1.8 trillion families plan
ETF vs. Mutual Fund Tax Efficiency: An Overview Tax considerations for mutual funds and exchange-traded funds (ETFs) can seem overwhelming but, in general, starting with the basics for taxable investments can help to break things down. First, it’s important to know that there are some exemptions to taxation altogether, namely Treasury and municipal securities, so
Biotech stocks have performed relatively well compared to the broader market of late. The SPDR S&P Biotech ETF (NYSEARCA:XBI) is up 21% over the past three months compared with a 6% gain for the S&P 500. Biotech stocks have a reputation for being high-risk investments. The underlying firms spend a ton on research and development