The fintech sector has gotten a bad reputation, largely because of some companies’ reckless decision to dive headlong into the cryptocurrency bubble. The Street’s general dislike of anything having to do with technology during the recent downtrend isn’t helping matters. Still, for long-term investors, there are excellent cheap fintech stocks that have not gotten overly
The S&P 500 Index is a popular benchmark index of large-cap stocks in the U.S. The S&P 500 Index is a price index, meaning it represents the stock prices of the companies within the index. Some stocks are weighted more heavily than others, which means they have a greater impact on the value of the
As we start to think about wrapping up 2022, looking to next year and thinking about what the market will provide is exciting. Indeed, this year has been one in which simplifying and de-risking portfolios has been a profitable task. Accordingly, the search for stocks to sell is about as important as the search for
The Internal Revenue Service said Friday that it will boost the maximum contribution limit to employee 401(k) accounts by $2,000 next year to $22,500, the largest increase on record, enabling millions of Americans to save and contribute thousands more dollars to tax-advantaged retirement accounts. Key Takeaways The IRS will lift the maximum contribution limit to
Preston Pysh has a deep-dive conversation on all things macro, Bitcoin, and education. The guests for today’s show are Greg Foss, James Lavish, Jason Sansone, & Sebastian Bunney. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:00:10 – From a macro standpoint, what surprises them the most? 00:04:00 – Why are the CDS prices in
I like BABA at any price below $300, and below $260 where it sits at today is a steal.
Gary Burchell | Getty Images Company: Salesforce (CRM) Business: Salesforce is a global leader in customer relationship management (CRM) technology that brings companies and their clients together. It was founded in 1999 and is a pioneer in the cloud software space. It started as a tool to help enable sales teams to increase their productivity
When most people think about the adoption process, the expenses for the birth mother (parent) are rarely considered. These expenses include pregnancy-related medical and living expenses. In some cases, expenses can extend beyond birth to postpartum recovery. Almost all U.S. states have laws governing the fees and expenses that adoptive parents are expected to pay
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters The Securities and Exchange Commission proposed new rule that would tell investors more about short sales is part
Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE The NYSE and Nasdaq have announced today that they are halting trading in several Russia-based stocks that list on their respective exchanges. Much more interesting is the fact that the Russian stock market in Moscow is closed, but U.S.-based Russian exchange-traded funds are
Virtual reality presents investors with a massive opportunity. Not only is this market expected to grow from about $117 billion right now to $227.7 billion by 2029, but most of the top VR stocks are also incredibly oversold. Better, virtual reality stocks are only gaining in popularity across multiple sectors, including healthcare, gaming, entertainment, real estate,
As the bear market rages on, many investors have turned to blue-chip stocks to find safe harbor. Yet, while many blue-chips could add stability and safety to your portfolio (making them stocks to buy), there are plenty of such companies that are best-considered stocks to sell. This is mostly due to valuation concerns. Prior to
Bitcoin Group SE is considering a $19.6 million bid for Bankhaus von der Heydt, a 268-year-old German bank that has struggled to move into the cryptocurrency sector. One of Germany’s first lenders to offer digital asset trading and custody services, Bankhaus von der Heydt, had difficulties managing costs. The bank had been in talks with
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Elon Musk is a widely renowned investor, inventor, innovator, and engineer with a net worth of $20.2 billion, according to the latest report from Forbes. He is the founder and CEO of Space Exploration Technologies Corporation (SpaceX), where he is also the company’s chief product designer.
Two of the nation’s largest mortgage lenders – JP Morgan Chase and Wells Fargo – released their quarterly earnings report last Friday. The headline figures? The revenue generated by both banks has been hammered by record-high mortgage interest rates, record-low levels of mortgage applications, and ongoing market volatility. Year on year, the value of new
Semiconductor ETFs surged after blockbuster earnings.
Day traders attempt to profit by opening and closing trade positions several times during the day. However, they usually close all their open positions at the end of the day and don’t carry them over to the next. While newer to the markets than stocks, exchange-traded funds (ETFs ) have joined other instruments used by day traders
When low interest rates are prevalent throughout the economy, there is usually an increased demand for mortgage loans. This increase generally results in more asset-based securities, which can increase the pool of high-quality assets in this investment category. Fixed-income investors looking for higher yields than U.S. Treasuries might consider investing in an exchange-traded fund (ETF)
The national debt level of the United States is a measurement of how much the federal government owes its creditors. Specifically, the national debt is a term referring to the level of federal debt held by the public, as opposed to the debt held by the government itself. Since the U.S. government almost always spends more than
The rally earlier this week was a positive sign for the market; it tells us that buyers are looking for good deals and that investors are not overly worried about another significant decline yet. It is also a good sign that the bounce occurred at a critical support level on the S&P 500 near 3,590.