3 Chinese Stocks to Buy Now and Hold for the Long Haul

With no deal in sight, tariffs rising and even lower growth on the horizon, Chinese stocks have continued to sink over the last week or so. But this could be an interesting opportunity for long-term investors. China continues to dominate on the world stage and is arguably one of the most important economies.

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  Technical Analysis: How A Stock Can Have Multiple Buy Points In The Base-Building Process

  Investor's Business Daily Video
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  5 Great Blue-Chip Stocks to Buy Today

  InvestorPlace

China's ban on scrap imports a boon to US recycling plants

The halt on China's imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables. U.S. paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves.

7 Tech Stocks to Buy That Are Also Perfect for Retirement

Thus, many sector investments are marketed as stocks to buy now. After all, who knows what's going to happen tomorrow with these “opportunities. At the same time, tech is such a broad market.

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  Technical Analysis: How A Stock Can Have Multiple Buy Points In The Base-Building Process

  Investor's Business Daily Video
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  5 Great Blue-Chip Stocks to Buy Today

  InvestorPlace

Compound interest can help you get rich or go broke — here's how

First of all, compound interest is different from simple interest. Simple interest is a fixed rate over time, based on the initial amount you've invested. If you've deposited $100 into a savings account with a 5 percent interest rate, all you need to do is multiply your principal by the interest rate, and then the amount of time you expect to keep that money in the account.

Will Your Retirement Income Be Enough?

There are many "what ifs," but the math is still the math: if you plan on needing a lot more than $40,000 from your retirement nest egg, then the probability of a successful retirement on $1 million is not good. "If you've only saved $1 million and are withdrawing 4% or more in retirement, you are most likely tempted to expose your accounts to more risk to make up for the lack of savings. With more exposure to a volatile market, there is a greater chance your retirement accounts will incur substantial losses during market corrections," says Carlos Dias Jr., wealth manager, Excel Tax & Wealth Group, Lake Mary, Fla.

Tall chip tale? Huawei's backup plans leave experts unconvinced

SAN FRANCISCO/HONG KONG (Reuters) - Chip experts are calling out Huawei for its claims that it could ensure a steady supply chain without U.S. help, saying the technology the Chinese telecoms network gear maker buys from American companies would be "hard to replace". The Trump administration officially added Huawei to a trade blacklist on Thursday, enacting restrictions that will make it difficult for the tech giant to do business with American firms, in its latest broadside against the company that U.S. officials have labeled a threat to national security. The head of Huawei's HiSilicon chip division on Friday shrugged off concerns about disruptions to supply, saying it has long been preparing for this kind of "extreme scenario".

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  U.S. may scale back Huawei trade restrictions to help existing customers

  Reuters
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  Exclusive: U.S. says it may scale back some Huawei trade restrictions

  Reuters

Meet the 20-year old bitcoin trader who says he turned $1,000 into $3.7 million

The 20-year-old previously told MarketWatch that the popular cryptocurrency was “dead”, and he still thinks the cryptocurrency market has problems that need to be solved. After stating that bitcoin would probably see at least a few more bull runs, Finman said that the current rally is “teetering on the end. Is this a bull run, is it not?

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  This Bitcoin Bull Market Proves the Crypto Bubble Never Burst

  CCN
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  The Crypto Week – A Bull Run That Could Have Been So Much More

  FX Empire

Bitcoin loses $21 billion in market cap in 24 hours

CNBC's Seema Mody reports on bitcoin volatility, and why some are calling for more oversight on the movement of the cryptocurrency.

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  This Bitcoin Bull Market Proves the Crypto Bubble Never Burst

  CCN
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  The Crypto Week – A Bull Run That Could Have Been So Much More

  FX Empire

10 Companies Owned by Alibaba

Just like Jeff Bezos and Amazon (AMZN), the Alibaba Group operates all around the world with businesses across many verticals. With operations in more than 200 countries, the Chinese company's flagship company, of course, is Alibaba.com, the world's largest business-to-business trading platform. Alibaba.com has three main segments: an English-language portal, Alibaba.com, that connects sales between importers and exporters; a Chinese portal, 1688.com, that serves as a platform for China's in-country business trade; and a retail website, AliExpress.com, that connects buyers to small quantities of product at wholesale prices.

How Luxottica became the biggest player in global eyewear

In 2017, Italian eyewear behemoth Luxottica announced a merger with Essilor, a French lenses manufacturer. The $49 billion merger furthered Luxottica's entrance into all facets of eyewear, from design, to manufacturing, to retail. Though the merger was approved by several major international trade commissions, including the U.S.' FTC, some antitrust experts question if the move will help consumers, or entrench the industry standard in which glasses cost hundreds of dollars.

Tesla shares plummet after Elon Musk promises 'hardcore' cost-cutting

Shares of Palo Alto-based Tesla plunged 7.5 percent today to a new two-year low, after CEO Elon Musk promised employees that the company would undergo “hardcore” cost-cutting measures to stay solvent. In a new all-hands memo, Musk said he'd order every team to examine every payment, have CFO Zach Kirkhorn review and sign every payment sheet, and said he'd personally review every tenth page, according to electric vehicle news site Electrek, which obtained a copy of the memo. “This is hardcore, but it is the only way for Tesla to become financially sustainable and succeed in our goal of helping make the world environmentally sustainable,” Musk wrote.

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  After Tweets, Elon Musk's Email Wreaks Havoc on Tesla Stock

  Market Realist
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  Tesla Touches Two-Year Low as Musk Puts a 'Hardcore' Cost Focus

  Bloomberg

10 Baby Boomer Stocks to Buy

Yes, you've got to keep an eye on not putting too much into stocks, but for my money, they're still a better investment for baby boomers than heavily investing in bonds, especially if bond yields move considerably higher. Regardless of millennials taking the spotlight away from the baby boomers, it's still important to factor in the aging population in some of your stock picks. Here then are my ten baby boomer stocks to buy to get you to and through retirement.

5 Top Stock Trades for Monday: TSLA, BIDU, IQ, DE, MU

Stocks did a good job bouncing off their morning lows, but how long can bulls keep that action up? The market would do a whole lot better if investors didn't have to worry about a tweet from the president sending a ripple through Chinese and U.S. trade negotiations, but that's the market we have right now. Let's look at some top stock trades to get started on next week.

Retirement Plan Tax Form 8606: When To File

The tax Form 8606 has become increasingly important thanks to the popularity of the Roth IRA and the rollover eligibility of after-tax assets from qualified plans. Basically, you must file Form 8606 for every year you contribute after-tax amounts (non-deductible IRA contribution) to your Traditional IRA, and every year you receive a distribution from your IRA as long as you have after-tax amounts, including rollovers of after-tax amounts from qualified plans,  in any of your traditional, SEP or SIMPLE IRAs. If a taxpayer does not claim a deduction of his or her Traditional IRA contribution, it is usually either because he or she is not eligible, or simply prefers not to do so.

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  Top 10 Mistakes to Avoid on Your Roth IRA

  Investopedia
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  Is Your 401(k) or IRA a Sleeping Tax Bear?

  Kiplinger

The urgency of the shift to electric cars isn't just about climate change

In 2017, the European Commission proposed reducing CO2 emissions for new cars and vans by 30% in 2030, compared with levels in 2021. The aggressive rules are seen, in part, as an attempt to regain credibility after regulators failed to prevent Volkswagen and other automakers from cheating existing standards. Bolloré said he was surprised by the backlash on emissions rules following the “dieselgate” scandal: Volkswagen admitted in 2015 that software was used to cheat on pollution tests for as many as 11 million of its diesel vehicles.

5 Great Blue-Chip Stocks to Buy Today

The best part is that investors can count on blue-chip stocks to help them get through periods of malaise and bear markets as they tend to be less volatile than let's say, smaller growth stocks. To that end, with the markets starting to feel a bit shaky, blue chip stocks could be the best way to position your portfolio in the upcoming months. Chinese Stocks That Could Pop On a Trade Deal But which blue-chip stocks make sense to buy today?

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  Technical Analysis: How A Stock Can Have Multiple Buy Points In The Base-Building Process

  Investor's Business Daily Video
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  3 Chinese Stocks to Buy Now and Hold for the Long Haul

  InvestorPlace

How A Cannabis Takeover Spree Is Reshaping The Industry

The largest cannabis retailer in the U.S. is on track to become the world's biggest legal seller through a planned billion-dollar takeover, a sign of the seismic changes in the weed industry as a wave of M&A takes place among the major players. They are positioning themselves to be the leaders in the fast-growing industry as they wait for the U.S. federal government to legalize marijuana. Massachusetts-based Curaleaf Holdings (CURLF.OTC), one of the biggest U.S. marijuana companies, will buy privately held Cura Partners of Portland, Oregon, a maker of cannabis oil.

Why I Can't Trust Ford Stock at $10 Or Any Price

If you like Ford Motor Company (NYSE:F) stock or the shares of other American-automotive icons like General Motors (NYSE:GM) or Fiat Chrysler (NYSE:FCAU), you should avoid buying them anyway. Since the start of this year, Ford stock has gained 32%, which is remarkable.

75-Year-Old Job Hunters Could Become New Normal in Aging Japan

Kuzuno, 78, is now three years into work at the small plant in Warabi, where she helps launder and package steamed hand-towels given to customers at restaurants. This could be Japan's new normal, with people working into their 70s and beyond, adding a new facet to its reputation as a nation of workaholics. Prime Minister Shinzo Abe is seeking to keep people like Kuzuno employed longer so they can pitch into the tax base and ease the burden on government spending, as the country copes with having the world's fastest aging population.