p The Woodford Equity Income fund has been hit by a surge of redemption requests, as investors have headed for the exit gates in response to underperformance. It has also been forced to try ever more creative ways to reduce the unlisted part of its portfolio to meet liquidity rules.
For the piece of your portfolio that's something in between speculative and pure buy-and-hold holdings though, now may be a good time to start thinking a little more defensively and a little less aggressively. Here's a rundown of seven names that may prove safer, counter-cyclical bets than the hot stocks that made the runup this year such a fun ride. Baby Boomer Stocks to Buy In no certain order: Microsoft (MSFT) For many investors, the knee-jerk assumption is that software giant Microsoft (NASDAQ:MSFT) is so inextricably linked to the all-important technology market that an economic swoon could easily up-end this well-known name.
The growing animosity between Huawei Technologies and the U.S. government was inevitable and a sales ban imposed by the Trump administration will have no effect on the firm's plans, according to the founder of the Chinese telecommunications giant. Speaking to Chinese state media on Tuesday, Ren Zhengfei said there would be “conflict with the United States sooner or later” as Huawei seeks to grow its dominance in the global telecom industry. “We sacrificed [the interests of] individuals and families for the sake of an ideal, to stand at the top of the world,” he said according to a report in the South China Morning Post.
Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills. On Monday, Tesla cut $3,000 from the price of the Model S sedan and $2,000 from the Model X SUV. The company said in a statement that it periodically adjusts prices and available options like other car companies.
Best-selling author, TV host and personal finance guru Suze Orman has been inspiring Americans for decades to make better money moves and avoid serious financial mistakes. She'll be the first to tell you that what you don't do with your money may be even more important than what you do with it. Here are 22 major money don'ts — straight from the expert.
During the 2019 Berkshire Hathaway Annual Shareholders Meeting, Vice Chairman Charlie Munger shared advice on how most people should approach obtaining success in their careers. “I think the right strategy for the great mass of humanity is to specialize,” Munger said. While some companies tend to focus on investing in stocks that fall under the same sector, Berkshire Hathaway has shied away from that.
How much you pay in property taxes often comes down to which side of a county, city or district line you're on. And if you're a homebuyer this spring, it's another important factor to consider while you house hunt. Property taxes largely fund public schools but also other local services like roads and police.
The Dow jumps 200 points. So what happens next? A look at what the traders bought today, with CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Brian Kelly, Mark Tepper and Tim Seymour.
An ex-Credit Suisse Group AG banker became the first person to plead guilty in what U.S. prosecutors called a $2 billion fraud and money-laundering scam tied to loans to Mozambique that were used to pay bribes and kickbacks. Detelina Subeva, 37, a former vice president in the bank's global financing unit, pleaded guilty on Monday to one count of conspiracy to launder funds. The U.S. agreed to drop three other conspiracy charges against Subeva, who's one of three Credit Suisse bankers accused of working with Mozambique's ex-finance minister in a secret kickback scheme.
PSCT is just like the XLK, only this time it tracks all the tech stocks in the small-cap focused S&P 600. This currently includes 88 different stocks. Top holdings include networking equipment maker Viavi Solutions (NASDAQ:VIAV) and cloud computing communications firm 8×8 Inc (NASDAQ:EGHT).
AT&T (NYSE:T) stock has struggled over the past several years as the telecommunications giant has been weighed down by a plethora of headwinds, including cord-cutting, wireless price competition, stagnating streaming growth, and a rising debt load. Source: Shutterstock T stock peaked near $45 in mid-2016. Ever since, AT&T stock has been down and out. The proposed merger between wireless peers T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) looks like it will receive regulatory approval after FCC Chairman Ajit Pai told Bloomberg that, in light of their recent concessions, he is going to recommend that his colleagues approve the merger.
A silver certificate dollar bill is representative of a unique piece of history. It no longer carries any monetary value as an exchange for silver, yet collectors still seek out the print. Its history dates back to the 1860s, and the certificate is a unique historical artifact representing a time period when the monetary structure of the United States was changing.
Following a couple years of serious financial difficulties, the restaurant empire of British celebrity chef Jamie Oliver may have reached the end of its road—the latest victim of an ongoing, partly Brexit-related shakeout in the U.K.'s casual dining sector. The Jamie Oliver Restaurant Group said Tuesday that it had gone into administration, with KPMG's insolvency team taking over. Most of its locations are closing immediately, taking more than 1,000 jobs with them.
An individual with a winning ticket is faced with two options – either take the money in the form of a lump sum or an annuity payment – which would be paid out over the course of about 30 years. In the case of the annuity payment – the less common option – a winner would receive one immediate payment and 29 consecutive ones. The amount paid increases by 5 percent each year, according to K. Eli Akhavan, partner and chair of the Private Client and Wealth Preservation Group at CKR Law.
Both come from the NFIB's Small Business Economic Trends data. The two scariest charts for us to consider” are those highlighting the inverse correlation between the percentage of small businesses planning to increase employment versus the civilian unemployment rate, and the “drop-off in small business surveys regarding it being a good time to expand businesses,” Levkovich said. The former suggests the likelihood of a higher unemployment rate over the next 9 to 12 months, while the latter underscores a reduction in the number of small businesses planning to make expansions in the near-term.
The "Fast Money" traders tick off their favorite stocks to buy as the market rallies almost 200 points.
New York, in fact, saw revenue rise $3.7 billion in April from a year earlier, thanks to a shift in timing of taxpayer payments, a stock market that rallied through much of 2018 and a decade-long economic expansion that's pushed national unemployment to a 50-year low. Similar windfalls arrived in New Jersey, California and Illinois -- states that, like New York, had warned of dire consequences from the law. In all, about 64% of American households paid less in individual income tax for 2018 than they would have had the Tax Cut and Jobs Act not become law, according to the Urban-Brookings Tax Policy Center.
I rate LYFT stock a hold. Beyond Meat (BYND) Beyond Meat (NASDAQ:BYND) has taken the stock market by storm, offering the hottest-trading IPO of the year so far. BYND stock, which IPOed at a measly $25 per share, has now soared to as high as $97 and even after a big drop today is still holding around the $82 mark now.
Tesla (TSLA) dropped after Morgan Stanley revealed its extreme worse-case scenario, saying the stock could fall as low as $10, a steep decline from its previous target of $97. Higgins said Tesla's value lies in its technology being ahead of its competitors. “The core parts of Tesla are very interesting.
Apple Inc. quietly explored buying Tesla Inc. in 2013 for $240 per share, but the deal fell apart after the Cupertino-based company insisted that Tesla CEO Elon Musk step away from day-to-day operations, Roth Capital Partners analyst Craig Irwin told CNBC. Apple bid for Tesla.
As with other income, distributions from traditional 401(k) and traditional IRA accounts are taxed on an incremental basis, with steadily higher rates for progressively higher tiers of income. As of the 2018 tax year, rates were reduced by the Tax Cuts and Jobs Act of 2017; however, the basic structure, comprising seven tax brackets, remains intact. For example, a married couple that files jointly and together earns $80,000 would pay 10% tax on the first $13,600 of income, 12% on the next $38,200, and 22% on the remaining $28,200.
Underscoring the announcements are shifting production lines at the two largest U.S. auto companies, as consumer interest pivots from passenger cars to sports utility vehicles and pickups. Stricter emissions requirements in countries like China and those within the European Union, coupled with a rising interest in emissions-free vehicles, are accelerating a pivot towards electric cars. GM, Ford and others are also pouring millions into autonomous vehicles, banking on the hope that the technology will define the future of automotive production.
It's been a rough month for chip stocks, as trade tensions between the U.S. and China ratchet back up. While the sector is getting a respite today on the latest Huawei-related news, one battered semiconductor concern could be ripe for an even bigger rebound: Xilinx, Inc. NASDAQ:XLNX).
The Sprint (NYSE:S) merger with T-Mobile (NASDAQ:TMUS) appears to finally be getting to the point where the deal will be approved by regulators. The two companies have reportedly made the necessary concessions to warrant being approved by regulators–a move that is now expected to happen sooner rather than later. The $26 billion merger will sell Sprint's Boost Mobile prepaid cellphone brand, while also deploying the next-generation 5G network that will cover 97% of the U.S. at lightning speed, according to a statement from Federal Communications Commission chairman Ajit Pai.
Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning. The technology transfers represent gestures of goodwill to Beijing by the Japanese automaker, which wants to "step on the accelerator in China" as CEO Akio Toyoda told an internal management group, according to minutes of meetings on March 19 and April 23 viewed by Reuters. Announcing U.S. investment first was a strategy Toyoda felt the company needed to pursue to avoid U.S. President Donald Trump's wrath, the minutes showed - providing a rare window into how it has sought to tread carefully as the United States and China battle for investment, jobs and influence in the global economy.