“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
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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
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,
In this article, I’m giving long investors information about safe stocks to buy and hold for a long time; if not to own forever. Many investors haven’t been through a bear market, much less one that is accompanied by 40-year high inflation. This leads some analysts to poke a hole in the idea of the classic
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
In this second part episode, Preston and Stig continue their discussion with their favorite investing legend, Mohnish Pabrai. Mohnish discusses his opinions on why the airline industry might be undervalued. If you’re looking to hear a detailed analysis of how Mohnish thinks through an investment decision, this episode will provide vital clues. Additionally, Mohnish talks
** Note this video is intended for educational purposes and to make you aware of what can be happening in the stock market and on YouTube so that way you don’t blindly purchase stocks based on recommendations or what other people say they will “buy” or are “looking at” ** In this video I have
ETFs are more tax efficient than mutual funds due to the way they are structured. However not all ETFs are tax smart. zacks.com zacks.com/ultimate
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
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