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‘There’s not enough stocks to go around’ — Cramer says that’s a key factor in market rally
KEY POINTS A lack of investors interested in selling stocks is helping propel the market higher, CNBC’s Jim Cramer said. “People want to own stocks and there is not enough stock. There’s just not — not yet,” the “Mad Money” host said. Cramer acknowledged the investment landscape during the Covid pandemic has been unusual, saying…
Read MoreKevin O’Leary: ‘Day trading isn’t investing. It’s gambling’ – invest like Warren Buffett instead
Throughout the pandemic, day trading has become extremely popular, especially among young people who, in most cases, have never invested in the stock market before. Coronavirus-induced lockdowns provided some with more time on their hands to try trading apps, like Robinhood, which are seeing a surge in business; millions of Americans are unemployed and may think it is a way to make up for lost income; and a…
Read MoreThe Fed and the promise of a vaccine aren’t enough to protect investors from a ‘reckoning,’ top economist warns
By Shawn Langlois ‘We still have quite a bumpy journey left’ Investors had plenty to be thankful for last week, considering how the stock market behaved in the face of surging COVID-19 cases and some potentially troubling signs on the economic front. By the time Friday’s closing bell marked the end of the holiday-shortened stretch, the…
Read MoreHow to Invest Successfully for Retirement in 3 Easy Steps
How to Invest Successfully for Retirement in 3 Easy Steps You’ll often hear about the importance of saving for retirement. But saving is only part of the picture. You’ll also need to invest your savings appropriately to ensure that your money grows into a substantial enough sum to sustain you as a senior. In order…
Read MoreJeff Bezos on why you should trust your gut, not data
Amazon takes pride in its ruthless efficiency: fast delivery, a gigantic variety of products, and demanding work culture. But efficiency isn’t the key to Amazon’s success. During an interview at the Economic Club of Washington, Founder and CEO Jeff Bezos said: “I believe in the power of wandering. All of my best decisions in business and in life…
Read MoreAn Investing Road Map for Retirees
For people in drawdown mode, tips on asset allocation, Social Security, annuities, withdrawal rates, and more. Even retirees who are seasoned investors will tell you that transitioning from accumulating to spending from their portfolios is a challenge. The “right” withdrawal strategy seems to be a moving target. Devising an asset-allocation plan that balances safety and…
Read MoreWednesday Q&A Which blacklisted asset classes should I avoid?
Which blacklisted asset classes should I avoid? Financial advisors focus on asset class as a way to help investors diversify their portfolio. Find out what Wealth Advisor and Radio Show Host, Gregory Ricks, thinks about them. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re…
Read MoreWarren Buffett Says These 10 Words Are Among the ‘Best Advice’ He Ever Got. (Here’s What Happened When He Did the Exact Opposite)
He called it: “one of the best pieces of advice I’ve ever received … It was such an easy way of putting it.’ People look to Warren Buffett for advice. Even those who challenge his conclusions have to concede his enormous influence. There’s a reason people call him the Oracle of Omaha. But that leads to a question: Who…
Read MoreThe Two Secrets to Tax-Free Investment Gains
Making money on investments is great news. Paying a portion of your profits to the IRS is less fun. But many investors can avoid paying taxes on most or all of their gains, while others can ensure they’re taxed at a rate well below what they pay on ordinary income. How can you make sure…
Read More3 Moves That Will Slash Your Tax Bill This Year
Get ready to pay the IRS a lot less — and enjoy more of your money. No matter how much money you make, your goal should be to pay the IRS as little tax as possible. And the smarter you are about taking advantage of tax breaks, the greater your chances of that happening. Here are…
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