You should be able to roll over your 401(k) plan account into a Roth IRA, but be sure you first understand the tax consequences of doing so.
Wall Street has known its share of legends, but few of them have made as big a splash as “the Man Who Broke the Bank of England.” That nickname belongs to George Soros who earned the tag after famously betting against the British Pound in 1992; following the Black Wednesday crash, the hedge fund manager pocketed $1 billion in a single day. This is the stuff that Wall Street legends are made of. By then Soros was already incredibly successful and in the midst of steering his Quantum Fund to decad
Creating reliable streams of retirement income is one of the most important elements of a person’s financial plan. A retirement industry giant says it now has a new way for retirees to meet this vital challenge. Fidelity Investments plans to … Continue reading → The post There’s a New Way to Convert Your 401(k) into a Pension-like Stream of Income appeared first on SmartAsset Blog.
(Bloomberg) -- U.S and European equity futures slid along with Asian stocks Tuesday on worries about the efficacy of current vaccines against the omicron strain, doubts that stoked demand for havens including Treasuries.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly VeteransReliving the New York Subway Map DebateS&P 500 contracts fell about 1% and the U.S. 10-year Treasury yield sank below the levels hi
The professor is known for being bullish on stocks, yet even he says trouble’s coming.
Satya Nadella sold 838,584 shares between Nov. 23 and Nov. 24. The move comes a month before Washington state's capital gains tax goes into effect.
After sliding along with the rest of the stock market on Friday, shares of lithium mining stock Lithium Americas (NYSE: LAC) are rebounding in a big way on Monday -- up 13.6% as of 12:15 p.m. ET. You can thank the friendly analysts at National Bank Financial for that. No sooner had Lithium Americas finished its Friday slide than an analyst at the Canadian investment bank stepped in and reiterated an outperform recommendation on the stock.
The technology powering virtual reality (VR) experiences has significantly improved in recent years. This technology is powering real-world applications like virtual walkthroughs of buildings and products still on the drawing board, or collaborations with colleagues in a virtual meeting room. Facebook has made a big splash into this new "metaverse" by changing its name to Meta Platforms (NASDAQ: FB), but that's not the only way to play this trend as an investor.
Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...
An investment arm of Wichita-based Koch Industries Inc. has put $100 million behind a company working on a new way to extract lithium. Koch Strategic Platforms (KSP) will make the investment in Canada-based Standard Lithium through a direct private placement in the company valued at more than 13.4 million shares. The deal also allows for potential collaboration with other Koch subsidiaries, including Koch Engineered Solutions and Koch Minerals & Trading.
Yahoo Finance's Ines Ferre provides an update on Merck, Tesla, and Avis stocks.
Although it's been a dud of a performer in 2021, telehealth platform Teladoc Health (NYSE: TDOC) is a holding I fully expect to deliver 10X (or greater) returns by the time I'm ready to enjoy retirement. While some folks would opine that Teladoc was lucky to be in the right place at the right time when the pandemic struck, I'd contend that they're not looking at the bigger picture. For instance, in the six years leading up to the pandemic, Teladoc's average annual sales grew by 74%.
The current year is winding down, and investors are starting to prepare for 2022. They’ll shed the non-performers from their portfolios, double down on the winners, and scan the markets to find stocks that are ready to pop. It’s the usual merry-go-round game of the market, just with a New Years’ theme. In this sort of environment, it’s no wonder to find investors drawn to the top-rated stocks. These are the Street’s Strong Buy-rated equities, the stocks that have picked up a deeply positive cons
Microsoft (NASDAQ: MSFT) recently became a hot topic after CEO Satya Nadella sold more than half of his shares for about $285 million on Nov. 22 and 23. When Nadella took over as Microsoft's third CEO in 2014, the tech giant was in serious trouble. Microsoft's cloud business became its core growth engine, and the company's revenue surged from $86.8 billion in fiscal 2014 to $168.1 billion in fiscal 2021, which ended this June, as its earnings per share more than tripled.
These stocks could still provide amazing returns for the next decade, despite their already-impressive growth.
Stock futures opened higher on Monday to hold onto gains after a recovery rally, with investors at least temporarily shaking off concerns over a new coronavirus variant and looking ahead to new market catalysts.
The company’s artificial intelligence platform, known as Watson, went on Jeopardy! “I, for one, welcome our new computer overlords,” Jennings, who once won 74 Jeopardy! The stunt turned Watson into a household name, and raised expectations for the societal and financial impact of IBM’s AI business.
Bionano Genomics, BioCryst Pharmaceuticals, and NRx Pharmaceuticals all have the potential to make their early shareholders rich.
Arvind Krishna took the CEO helm in 2020, vowing to transition the beaten-down tech behemoth into a growth story.
Following a bullish day for Bitcoin and the broader market on Monday, a Bitcoin return to $60,000 would support a broad-based crypto rally.
Paysafe Limited ( NYSE:PSFE ) is possibly approaching a major achievement in its business, so we would like to shine...