Warren Buffett explains how you could've turned $114 into $400,000 with a simple long-term investment

Many of us know the magic of investing money in the stock market—just letting it sit and watching it grow—but few of us really grasp just how powerfully enriching this can be. Not surprisingly, Warren Buffett, the world’s greatest investor, has a vivid example of this which he shared with me during a visit earlier this year at Berkshire Hathaway headquarters in Omaha. First, take yourself back, way back to America’s entry into World War II. Franklin Roosevelt was president and Buffett was a young boy.

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  Here's exactly what an index fund is—and why it's Warren Buffett's favorite way to invest

  CNBC
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  Warren Buffett: Women make me 'very optimistic' about this country

  Yahoo Finance

Apple loses $64 billion in stock value as Wall Street is in 'full panic mode' on iPhone demand

Disappointing guidance from key iPhone suppliers is raising worries about Apple shares and could signal the death of the technology-driven stock rally. Apple's stock is cumulatively down 7.1 percent in the three trading sessions through Monday, wiping out $63.9 billion of shareholder value. The decline was sparked by Taiwan Semiconductor Manufacturing's weaker-than-expected guidance Thursday morning. The world's largest semiconductor foundry and key Apple chip partner said its revenue forecast range for the second quarter is $7.8 billion to $7.9 billion versus the Wall Street estimate of $8.8 billion. The company blamed "weak demand" in the mobile sector for its forecast. "Heading into Apple's

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  Profit From Tech Sector Turbulence With These 5 Value Picks

  Zacks
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  Sing It From the Mountains, the iPhone Supercycle Is Dead

  Bloomberg

1 in 3 workers can’t answer this question about their retirement savings

Here's a question: You've built up a massive nest egg at your job, and you're about to retire. What are your plans for your hard-earned savings? For nearly a third of workers, the answer is "I don't know." Those were the findings from a recent survey by the Employee Benefit Research Institute, a research group that focuses on health, savings and retirement. EBRI conducted an online poll of 2,042 adults in January. "In most cases, you would expect people to do a couple of things: You wouldn't use all of it to buy lifetime income and you'd want to keep some of it for emergencies," said Craig Copeland, a senior research associated at EBRI. "It's troubling that they can't recognize what they think

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  The 13 Biggest Regrets People Have About Retirement

  The Cheat Sheet
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  Retiring broke? More than half of Americans are at risk of it happening

  USA Today

Jim Cramer has done a complete 180 on Snap (SNAP)

"Mad Money" host Jim Cramer has changed his tune on Snap almost 2 months after comparing the company to the early days of Facebook. Jim Cramer is turning his back on Snap. "Sure, I was a skeptic, but after this quarter, I'm now a believer," Cramer said on "Mad Money" following the report.

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  Google’s Results Spark an $85 Billion Rout for FANG Stocks

  Bloomberg
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  3 Hot Reads From TheStreet's Top Premium Columnists

  TheStreet.com

3 big changes coming from the Trump tax cuts

It will take months or years to tell if the tax cuts President Trump signed at the end of 2017 will boost economic growth or help create jobs, as intended. Congress’s Joint Committee on Taxation has published new estimates of the ways people will file their taxes for 2018, the first year most of the new tax provisions will be in effect. One of the most disruptive changes to the tax code is a new limit of $10,000 on the deductibility of state and local taxes, which used to be subject to no limit.

US stock market could see a 30-40% decline, says expert

"Rates market" volatility could lead the correction, says Rainer Michael Preiss, executive director of Taurus Wealth Advisors.

Under Armour Inc Earnings Could Be a Bullish Game Changer

Can Under Armour (mostly) deliver again off the field of play — and convincingly so, on the playing pitch of the UAA stock chart for a second time in a row? With the expectations bar set reasonably low and the Street forecasting a loss of 4 cents and sales of $1.1 billion, I personally like the long game in UAA stock. It has been nearly three weeks since last penning a bullish article on UAA stock at InvestorPlace.

Ford Stock Is Too Cheap to Ignore: Here's Why

Iconic automaker Ford Motor Company (F) began 2018 with an earnings warning on Jan. 16. This warning was confirmed by a negative reaction to fourth quarter results released on Jan. 24. The company is set to report first quarter earnings after the close on April 25. Shares of Ford traded as high as $13.29 on Jan. 16 and declined 24% to the 2018 low of $10.14 on March 2. Ford closed Monday, April 23, at $11.04, down 10.6% year to date and deep in correction territory at 16.9% below the January high. Since the March low, the stock is up 8.9%. Analysts expect Ford to post earnings per share of 41 cents when the company reports first quarter earnings on Wednesday. Analysts expect year-over-year gains

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  Corning (GLW) Beats on Q1 Earnings, Revenues Down Y/Y

  Zacks
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  Will Progress in Production Aid Tesla's (TSLA) Q1 Earnings?

  Zacks

US brands suffer collateral damage in Chinese corporate war

It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach. The company refused to sign an exclusive contract with Alibaba, and instead participated in a big sale promotion with its archrival, JD.com Inc. Tmall punished them by taking steps to cut traffic to their storefront, two executives told The Associated Press.

Stocks are getting smoked, and companies can't step in to stop it

Stocks are getting smoked on Tuesday. Each of the major U.S. indexes was in the red, with the Dow seeing the biggest losses, falling 2.2%, or 550 points, while the S&P 500 was also down 1.7% and the Nasdaq was down 1.9%. The Dow was being dragged lower by shares of Caterpillar (CAT), down over 6% after having rallied earlier in the session following an earnings beat.

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  Why a Global Stock Market Crash Is Coming

  TheStreet.com
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  Here are the next hurdles for government bond yields after the 10-year hit 3%

  MarketWatch

Microsoft Becomes Second Most Valuable Company For First Time Since 2015

On Tuesday, Microsoft was valued at $714 billion, about $3 billion above Alphabet and Amazon. Microsoft had briefly ascended to No. 2 on April 12 and then again on April 16. On Tuesday, amid worries about higher U.S. Treasury yields and disappointing earnings by other companies that sent the S&P 500 down1.3%, Microsoft rose to No. 2 by virtue of its shares falling less--2.3%--than those of its rivals.

• US STOCKS-Wall St slides as high bond yields fan cost worries

  Reuters
• W.R. Berkley: 1Q Earnings Snapshot

  Associated Press

Third Federal CEO Says Mortgage Market 'Going Gangbusters'

Apr.23 -- Third Federal Savings and Loan Chairman and Chief Executive Officer Marc Stefanski discusses the residential mortgage market, banking regulation, and the company's efforts to retain workers. He speaks with Bloomberg's Julia Chatterley, Joe Weisenthal and Scarlet Fu on "What'd You Miss?"

Investors Are Dumping Altria Group Inc Stock Without Looking at the Facts

The usually reliable Altria Group Inc (NYSE:MO) is off to a horrific start this year, with MO stock shedding 18%. For technical analysts, the recent break below $60 was highly discouraging. In short, MO stock must regain its footing quickly due to the significant technical damage.

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  Are Insiders Too Confident In REV Group Inc (NYSE:REVG)?

  Simply Wall St.
• LPL Financial LLC Takes $281,000 Position in First Busey Co. (BUSE)

  The Cerbat Gem

A Smarter Nvidia Corporation Play for a Potential 500% Return

According to some market pundits, issues like Apple Inc.’s (NASDAQ:AAPL) woes, China trade war concerns and today’s much more volatile and erratic cryptocurrency market can all be fingered as reasons why investors should stay away from Nvidia stock. If you’re a buyer of those markets, Nvidia — whose chips are leaders in all those areas — should sound attractive. This appears to be the case for Nvidia stock right now–and that’s good news for bulls.

• L.B. Foster (FSTR) Shares Sold by Bank of New York Mellon Corp

  The Cerbat Gem
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  Nasdaq proposes letting companies decide where their shares trade

  Reuters

U.S. Supreme Court upholds legality of patent review process

The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat "patent trolls" and others that bring patent infringement lawsuits. The justices ruled 7-2 that a type of in-house patent review at the U.S. Patent and Trademark Office does not violate a defendant's right under the U.S. Constitution to have a case adjudicated by a federal court and jury. The court ruled against Oil States International Inc , a Houston-based oilfield services company that had challenged the legality of the process, called inter partes review (IPR).

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  Supreme Court wrestles with administrative law judge case

  Associated Press
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  U.S. Supreme Court divided over challenge to SEC in-house judges

  Reuters

Trump's revenge: U.S. oil floods Europe, hurting OPEC and Russia

MOSCOW/LONDON (Reuters) - As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude. Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they say has largely rebalanced the market and one that has helped elevate benchmark Brent prices close to four-year highs. Now, the relatively high prices brought about by that pact, coupled with surging U.S. output, are making it harder to sell Russian, Nigerian and other oil grades in Europe, traders said.

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  Oil slips as Trump, France's Macron talk Iran deal

  Reuters
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  Iran hints at possibility of discounts on oil to preserve market share - TV

  Reuters

3 Reasons Why Cisco Systems, Inc. Will Hit New Highs Soon

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have been on an impressive rebound as of late. While Cisco stock came down with the rest of the market in both February and April, it’s been an out-performer on the way up. Over the last ten calendar days, Cisco stock is up more than 9%, compared to the 3.6% and 5.25% respective gains for the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ).

Caterpillar Erases Gains Despite Strong Quarterly Results and Raised Forecast

Caterpillar Inc. (CAT) shares erased earlier gains Tuesday, April 24, after management said material cost increases this year will likely be above estimates due to higher steel prices. "We expect steel and other commodity costs to be a headwind all year," Chief Financial Officer Bradley Halverson said during the conference call. "Price versus material costs were very favorable on the first quarter," Amy Campbell, director of investor relations at Caterpillar, said during the call. "We expect it to be favorable for the full year. But for the balance of the year, we would expect material costs increase to be greater than price realization." President Donald Trump recently announced plans to implement

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  Will Earnings Make Boeing King of the Dow Again?

  247wallst.com
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  2 Risks Facing Netflix's Rally

  Investopedia

First Solar (FSLR) to Report Q1 Earnings: A Beat in Store?

First Solar, Inc. FSLR is scheduled to report first-quarter 2018 results after the market closes on Apr 26. Last quarter, the company delivered a positive earnings surprise of 21.88%.Let’s see how things are shaping up prior to this announcement.Factors

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  Illumina Inc. First-Quarter Results: NovaSeq Still the Gift That Keeps on Giving

  Motley Fool
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  Expedia's (EXPE) Q1 Earnings May Reflect Core OTA Weakness

  Zacks

3M Co Stock Plunges on Q1 Earnings Miss, Lower Guidance

This is an increase over its earnings per share of $2.16 from the same period of the year prior. 3M Co reported operating income of $1.01 billion for the first quarter of the year. Revenue reported by 3M Co in the first quarter of the 2018 was $8.28 billion.

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  What to Watch For in Caterpillar’s Q1

  247wallst.com
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  Verizon Shares Gain as Carrier Tops Q1 Earnings Forecasts

  TheStreet.com