Death and debt—they’re the last things you want to think about. Unfortunately, they are tied together. Nearly 75% of Americans die with outstanding debt, such as credit card balances, mortgages, auto loans, and student loans. How that debt is handled after death depends on the type of debt and where the person lived. Here’s what you need
Dr. Gerald W. Perritt, the founder of Chicago-based portfolio manager Perritt Capital Management, wrote a whitepaper a few years ago entitled “The MicroCap Advantage.” As the title suggests, it discussed why investing in undervalued micro-cap stocks makes sense. The whitepaper showed that between 1926 and 2018, the compound annual growth rate (CAGR) of small company
Tesla, Inc., formerly known as Tesla Motors, has grown since its IPO a decade ago into one of the world’s biggest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks. In addition to electric vehicles, it has expanded into energy generation and storage systems. Tesla joined the S&P
PayPal (PYPL) is almost synonymous with online payments, but it is not alone in the growing digital money space. Nearly every consumer market is moving online. For example, consider how Amazon overtook Walmart as the world’s largest retailer. Consumers are turning to online payment systems in record numbers every year. The industry for online payment
Like other fintech stocks, shares of SoFi Technologies (NASDAQ:SOFI) stock have had a tough year. Blame it on the market’s changing view of high-growth stocks, plus the expectation that economic conditions will become more challenging. Trading above $15 per share at the start of January, SOFI stock at one point fell into penny-stock territory (under
When it comes to the economy and the stock market, the near term remains murky. It’s possible the market has mostly factored in inflation, interest rate hikes and recession risks. Then again, maybe not. Yet while uncertainty still runs high, that doesn’t mean staying on the sidelines is the best move. Instead, it’s best to
At one time, the last year that the tax deduction for private mortgage insurance (PMI), also known as mortgage insurance premium (MIP), was allowed was for the tax year 2017—but only for mortgages taken out or refinanced after Jan. 1, 2007. However, The Further Consolidated Appropriations Act of 2020 allowed MIP and PMI tax deductions
Check out the companies making headlines in midday trading. Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase – Shares of the crypto services operator jumped about 6% despite the company reporting a wider-than-expected loss late Tuesday and a decline in volumes in the
Following Covid-19, investors were looking forward to a return to normal. Unfortunately, the Russian invasion of Ukraine transitioned once-cheap energy stocks into blisteringly hot opportunities. Still, a few discounted opportunities exist for bold contrarians. While demand for critical resources remains generally strong, macroeconomic pressures have finally started to weigh on households. Recently, the U.S. Bureau
This has not been a kind year for investors. In fact, the S&P 500 fell 21% in the first half of the year. Further, on June 13 the index officially fell into bear-market territory as it closed 20% below the highs it reached in January. That means investors should logically seek to buy stocks that
MBA vs. Master’s in Finance or Economics: An Overview For many individuals looking to advance their careers in business, earning a master of business administration (MBA) degree may seem like an obvious way to get ahead. But if you work in the world of finance or economics, getting a specialized degree might be a better
After four days of dramatic swings, 30-year mortgage rates dropped modestly Tuesday. Movement was mixed across other averages. Today’s National Mortgage Rate Averages The 30-year average moved six basis points lower Tuesday, after wildly seesawing the four previous days. The average had swung from 5.26% to 5.82% over that period, and now sits at 5.64%.
For U.S. crypto investors, Coinbase (NASDAQ:COIN) is often the top exchange of choice to buy and sell cryptos. Indeed, there are many reasons for this. Most often noted by investors is the platform’s ease of use, as well as its prominent token listings. That said, choosing the best Coinbase cryptos to buy in this market isn’t as easy
Charitable organizations survive primarily on donations, with the holiday season (and year-end tax deadline for charitable contributions deductions) making December the most active time for charitable giving. Charities have to get creative to stay afloat the other 11 months of the year. There are five main ways that charities make money and stretch their dollars:
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: The FED is short for the U.S. Federal Reserve. The mission of the FED is to care for the U.S. economy.
Rushing trades can destroy your account, especially if you’re making this mistake often. Example: -If a stock goes up and down several times and you’ve missed opportunities to sell when it peaked, you may get “ants in your pants” -This can cause you to buy before the stock begins to ascend again, and it may
Here is what investors need to know about Exchange Traded Notes (ETNs) before investing in them. JPMORGAN ALERIAN MLP INDEX ETN: https://www.zacks.com/funds/etf/AMJ/profile?cid=CS-YOUTUBE-FT-VID IPATH SP 500 VIX SHORT-TERM FUTURES ETN: https://www.zacks.com/funds/etf/VXX/profile?cid=CS-YOUTUBE-FT-VID IPATH SP GSCI CRUDE OIL TR INDEX: https://www.zacks.com/funds/etf/OIL/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
This article is excerpted from Tom Yeung’s Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here. Let’s face it. Finding 10x stocks is tough. For every Meta Platforms (NASDAQ:META) that claws its way from $18 to $180, another dozen look more
It’s been a tough week for chip stocks. On Monday, Nvidia had warned its revenues would be well below its guidance as gaming revenue slowed. Then Micron cut its current-quarter revenue and warned of negative free cash flow for the quarter as customer inventories pile up amid weakening demand for chips used in PCs and smartphones. Micron (MU) shares
Growth stocks have been crushed amid the bear market. However, the bear market began long before most investors realize. While the S&P 500 and other major indices didn’t suffer major corrections until January 2022, overrated growth stocks began their correction about a year earlier. It’s interesting, as there was a large divide in growth stocks.