‘Both are insistent that I'm taking money that is morally theirs. There's no changing their mind.’
On Wednesday afternoon Federal Reserve Chairman Jerome Powell said over and over again: We’re not done raising interest rates. Wall Street didn’t listen. January’s blowout jobs report, posted Friday morning, showed nonfarm payrolls rose by nearly three times as much as economists had been expecting.
There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again
Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”
- Motley Fool
You'll often hear that it's important to have money set aside for emergency expenses, like home repairs, car repairs, or medical bills. But if you have money you're trying to save for long-term goals, like retirement, then investing it could really be a far more lucrative choice.
Warren Buffett’s right-hand man Charlie Munger, who once called crypto ‘rat poison,’ says we should follow China’s lead and ban cryptocurrencies altogether
“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract."
When Cathie Wood speaks, people listen. The chief executive of Ark Investment Management has had a far-from-perfect record when it comes to her investment choices -- not to mention not exactly flattering feedback from CNBC's Jim Cramer. When asked what stock Wood would choose she won a million dollar lottery and was forced to choose a stock for ten years, Wood's pick was just as disruptive as her reputation.
The year has started well for stock market investors, no doubt of that. The S&P 500 has jumped 9%, and the NASDAQ is up nearly 17%. While this doesn’t reverse last year’s losses, the gains, prompted by several releases of positive economic data, do indicate a shift to more positive investor sentiment. But there is always a voice of caution, and today it’s coming from JPMorgan strategist Marko Kolanovic, who warns that the stock rally likely won’t last – and that it has only postponed, not ended,
- Motley Fool
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.
Some Medicare beneficiaries are surprised with premium surcharges, which can triple premiums. Here’s how to appeal and avoid them
This surcharge—known as IRMAA—can be hefty.
How much money do I need to live entirely off dividends? Here's how to figure out the lowest amount you need to make it work
Yes, there's math. No, it's not that hard.
I’m 72, have a cushy amount invested and was withdrawing 4% a year. But once I pay my financial adviser’s fees and California taxes that won’t be enough. What’s my move?
Have a question about working with your financial adviser or looking to hire a new one? Email email@example.com.
Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani were repeatedly suspended on Friday as a rout triggered by allegations of accounting fraud deepened.This "brazen stock manipulation and accounting fraud scheme" is "the largest con in corporate history", Hindenburg said.
This is 'a serious problem': State Farm and Progressive are now refusing to cover certain cars made by big South Korean auto firms — here are the models and why they're too risky to insure
This is a TikTok challenge you don’t want to get behind.
- Business Insider
Adani had a handful of auditors as young as 23 years old signing off on companies worth $100 billion, Hindenburg says
Shah Dhandharia audited the accounts of Adani Total Gas and Adani Enterprises. It only had 11 employees, with partners just 28 years old, per Hindenburg.
- Motley Fool
History Suggests the Nasdaq Could Soar In 2023 -- 1 Stock-Split Stock Wall Street Says to Buy Hand Over Fist
The Nasdaq-100 index, which hosts 100 of the largest tech stocks listed on the Nasdaq exchange, sank 33% in 2022, which has left many portfolios battered and bruised. See, the Nasdaq-100 almost never falls two years in a row. Since the Nasdaq-100 is already up 10% year to date in 2023, history might be set to repeat.
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
When a loved one passes away, it can be an emotional experience. Unfortunately, handling the deceased's finances can add to this stress. While most people know that you need to file a final tax return for the deceased, most people … Continue reading → The post Income in Respect of a Decedent (IRD) appeared first on SmartAsset Blog.
Planned demands for information on the crypto exchange’s dealings would duplicate the work of the independent examiner who has yet to be appointed, the US Trustee said
This year has started with a ‘bang’ for stocks, a January rally that saw the S&P gain 6% and the NASDAQ jump 11%, a welcome change in mood from the volatile declines we saw in 2022. Even so, there is still a degree of caution. Last year’s headwinds are still with us, in the form of stubbornly high inflation and interest rates at decadal highs. For the average investor, charting a course through these waters is a daunting task. It is in times like this that some expert advice might provide a clea
- Motley Fool
Today, I will look at three blue chip real estate investment trusts (REITs) that are trading at a discount. These REITs have strong portfolios that continue to generate solid cash flows, which have led to further dividend hikes.