Interest rates at FDIC-insured banks remain at an all-time low. I've tracked rates for more than a decade on sites such as Magnify Money and Consumerism Commentary. Back in the day rates of 5.00% or more were common. It may take us years to get back to those levels.
Dont take any stated yields for granted these days! The financial news has been flooded with dividend cuts lately, with Teva Pharmaceutical (TEVA) and Mattel (MAT) taking the hatchet to their payouts, and telecom Windstream (WIN) dropping its dividend too.
Its dangerous to buy headline yields or even supposedly safe blue chips with more modest dividends without looking....More>>>
There are lots of articles out there talking about how the smartest move you can make for your retirement is to start saving and investing today. And (of course) if you’re young enough to enjoy the power of compound interest, that is absolutely the best advice out there.
But what about those who are nearing retirement right now? What steps can they take to ensure a healthy and happy....More>>>
President Trump’s tax returns are unlikely to turn up any Russian connections or impeachable offenses. Sorry, but federal tax returns are not the appropriate documents for that purpose. Members of Congress have offered resolutions demanding Trump’s tax returns and other members have called on him to release them voluntarily.
It was entertaining to watch Rachel Maddow fill an hour....More>>>
Greenwich, CT, based Investment company Silver Point Capital L.P. buys Basic Energy Services, Key Energy Services, Penn Virginia, Ally Financial, TopBuild, Caesars Acquisition Co, Valeant Pharmaceuticals International, Quorum Health, Kratos Defense & Security Solutions, sells American International Group, Cooper-Standard Holdings, Travelport Worldwide, Lee Enterprises during the 3-months ended....More>>>
More than two years after a government crackdown on corruption sent Macau gaming stocks tumbling, The Chinese government has unveiled yet another new regulation on the Macau gaming industry that has hit gaming stocks hard. The latest new law cut the daily ATM withdrawal limit in Macau from 10,000 patacas to 5,000 patacas, or roughly $626.
Unfortunately, transparency and predictability has....More>>>
There are a lot of people saying that it’s great that 2016 is over. We lost so many celebrities over the past year. We had a polarizing election that — no matter where you stand — divided households and is testing friendships.
However, the year wasn’t so bad for investors. Let’s take a look at some of the things that went right for....More>>>
Related FB Which FANG Stocks Should You Buy In the Trump Era? Facebook's $6 Billion Buyback Is 'Pragmatic' Trade Desk Clears Its First Buy Point As Results Impress (Investor’s Business Daily) Related TM Look Now: A Once Beloved Japan ETF Rises Again Trader's Guide To....More>>>
Gold is on the ropes… and heaving. Last week's announcement from the Federal Open Market Committee (FOMC) caused a wave of selling. The FOMC not only raised interest rates by a quarter of a percentage point (as expected)… It said it plans to raise rates three more times in 2017. And at least for now, the "expected" reaction is playing out… ....More>>>
President-elect Donald Trump warns he’ll impose big tariffs on goods from Mexico to protect blue collar jobs in America.
But Trump may want to take note of how similar tariffs have played out in Argentina. In 2009, that country put a 35% tariff on computers, tablets and other electronics in order to shield its manufacturing workers. It’s the same size as Trump’s proposed....More>>>
September 30, 2016: Here are four stocks trading with relatively heavy volume among 40 equities making new 52-week lows in Friday’s session.
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) dropped more than 17% on Friday to post a new 52-week low of $45.44 after closing at $55.00 on Thursday. The stock’s 52-week high is $69.80. Volume was more than 10 times the daily average....More>>>
I have to say it has been a real tough time to be in the precious metals sector. However, things began to turn the corner in 2016, although for the last few months, the sector has once again struggled, A few months I got trigger-happy and sold off ALL of my holdings in the precious metals sector (with the exception of my physical bullion) into this rally as I felt there would be a significant pullback.....More>>>
Eli Lilly & Co. (LLY) and Biogen (BIIB) are far from the only two drug makers racing to deliver a new treatment for Alzheimers disease. But they are pretty much leading the pack.
The market for an effective therapy that actually slows the progression of the disease would likely generate billions of dollars in annual sales. It is quite literally the drug industrys version of the holy grail.
I have never been a Facebook (FB) bear. But I have always been a Facebook skeptic. For well over a year, I have argued that the company's stock seemed priced for perfection. I often passed on the opportunity to buy shares, choosing not to get involved with the social media giant for fears of a p
Futures are indicating a break in the rally as investors take stock of how quickly we’ve seen the rally lift stocks. From a technical perspective, the market remains in an overall trading range as we’ve not seen a technical catalyst that can sustain a trend higher in the S&P
In his seminal paper on portfolio management, Harry Markowitz had identified risk and return as the two most important variables in investment decision making. Any rational investor is supposed to minimize his risks, while maximising his return. However, risk and return go hand in hand. Henc