Tag: investing
Why You Should Focus On Growth Stocks Today
My friend who’s a novice investor asked for advice recently. He was “bargain hunting” for cheap stocks, and trying to decide between buying Kohl’s (KSS) or ExxonMobil (XOM). I cringed. “Listen,” I told him. “You’re thinking about this all wrong.” I get where my friend is coming from. From childhood we’re taught to be financially prudent. To seek bargains and […]
Double Digit Dividend Yields And The Potential For 100% Stock Price Gains
For the broader U.S. stock market, the pandemic-triggered crash has come and gone. In February and March, the S&P 500 stock index experienced a short-term bear market, dropping by over 35% from its early-February peak to the late-March bottom. The S&P 500 steadily recovered the losses and then some, with the index now up 11% […]
Billionaire Tips For Intermediate Investors
Whether you’re a casual investor with a budding 401(k) or an experienced stock market player, you likely know that investing is a skill that you can never truly master. Even Alan Greenspan, the former chair of the Federal Reserve, has been quoted as saying financial education “is a process that should begin at an early age and […]
Retirement For Beginners: The Roth IRA Explained
Roth IRAs offer tax-free growth on your retirement investments and significant tax benefits. If you are thinking about contributing to a Roth IRA, here is what you need to know. Before We Look at the Roth IRA, Understand a Traditional IRA. A Traditional IRA is a tax-deferred retirement savings account because any income tax or […]
The 7 Best Stocks To Invest In Right Now
From big movers to deep discounts, these stocks offer traders a little something extra With the novel coronavirus bearing down heavily on the market over the past few months, identifying the best stocks to invest in right now can be a difficult task. But to make this process more simple, I’m going to identify the best stocks […]
Finding A Balance In Your Income Basket
Once again, yields are low… really low. This creates an obvious challenge for investors that still need their portfolios to generate income. While junk bonds offer high levels of income, you probably shouldn’t have risky junk bonds as your only income generator. But how can we build a portfolio with the primary goal of income […]
7 Simple Personal Finance Principles
I like the number seven. Ten seems like a lot of rules principles, and five may not seem like enough. Maybe I’m a bit bias because my birthday is on the seventh day of November. 🙂 I never thought I would write one of those articles about the number of ways to do this or […]