The billionaire investor watched rich friends build “really fancy houses," but "in practically every case, they make the person less happy, not happier."
Tom Baker has written to all 160 Florida state lawmakers as well as 15 news organizations about condo owners dealing with huge insurance rate hikes.
"We've more or less been saying potentially Saudi needs to just flush this thing out."
I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.
Investors can only hope stocks do as well in December as they did in November. There are definitely some S&P 500 stocks that glisten.
Broadcom CEO Hock Tan was unsparing in his expectations about remote work during a meeting with his new employees.
From a potential economic recession to continuation of the ongoing bull market, here's what Wall Street expects to happen next year.
Investors tend to flock to gold during periods of global turbulence, while lower yields also make it more attractive. But there’s a better way to play it.
"The VIX is at 13, everyone's really happy, and it's time for either a correction or some sort of pullback as we enter the new year," Chris Harvey said.
Former Wall Street banker Randall Atkins got a lot more than he bargained for when he paid $2 million for a Wyoming coal mine without even seeing it in 2012. At the time, he planned to make money selling coal from his mine to other plants. That was before he conducted a study in conjunction with the Department of Energy and discovered he was sitting on a treasure worth more than the gross domestic product (GDP) of some small countries. It turns out that his coal mine was also home to an estimate
The top nationwide savings account pays 5.40%, and the best CD is offering 5.88%. So what’s the catch on this checking account that’s paying well over 7%?
The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell to the workforce, ensuring a … Continue reading → The post Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs appeared first on SmartAsset Blog.
Investors purchased more than $100 billion worth of dividend ETFs from 2021 through 2022, compared to less than $1 billion worth in 2023.
As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, including tax loss selling and the so-called Santa Claus rally. The key catalyst for stocks will likely continue to be the expected trajectory of the Federal Reserve's monetary policy. Evidence of cooling economic growth has fueled bets that the U.S. central bank could begin cutting rates as early as the first half of 2024, sparking a rally that has boosted the S&P 500 19.6% year-to-date and taken the index to a fresh closing high for the year on Friday.
Cell-tower REITs saw their valuations cut nearly in half this year by the end of October. That dynamic has flipped.
The U.S. Air Force has eliminated Boeing from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the "Doomsday Plane" due to its ability to survive a nuclear war. The move leaves privately-held defense contractor Sierra Nevada Corp as the lone company publicly vying for the Survivable Airborne Operations Center (SAOC) contract to eventually replace a fleet that has been in use since the 1970s. The Air Force, which plans to award a SAOC contract in 2024, declined to comment on whether other firms had submitted bids.
"While it is difficult to pin down the start date and depth of a recession ahead of time, we think it is a live risk for next year," JPMorgan said.
At 67, you’re presumably at or near retirement. If you have $1 million in IRAs, it may be attractive to converting to a Roth because it can provide tax-free income in retirement. It's not too late from legal or regulatory perspectives. The IRS does not restrict Roth conversions on the basis of age or income. […] The post We’re 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth? appeared first on SmartReads by SmartAsset.
Like all markets, bonds fluctuate. Your returns will be based on what you hold, when you buy it, tax treatment and other factors. While many choose to diversify their portfolios across stocks, bonds and other assets, an all-bond portfolio may allow for more predictability and income generation. You can also diversify an all-bond portfolio with different […] The post What’s the Average Return on an All-Bond Portfolio? appeared first on SmartReads by SmartAsset.
The top stocks for dividends in December 2023 include B. Riley Financial Inc. (RILY), a financial service provider; DallasNews Corp. (DALN), a news publisher; Green Plains Partners LP (GPP) is a fuel storage company; Cohen & Company Inc. (COHN), an investments manager; Frontline PLC (FRO), a transporter of crude oil; Monroe Capital Corp. (MRCC) a business financing company; Natural Health Trends Corp. (NHTC); a lifestyle product supplier; Oxford Square Capital Corp. (OXSQ), a business development company; and Portman Ridge Finance Corp. (PTMN), a business loan provider. Below, we look at the top 10 dividend stocks listed on either the New York Stock Exchange (NYSE) or Nasdaq as measured by forward dividend yield, excluding companies with payout ratios that are either negative or over 100%.