How Your Roth IRA Contribution Limit Is Calculated The primary factors for determining your contribution limit are your filing status and modified adjusted gross income (MAGI), which is your income after considering certain allowable deductions and tax penalties. Based on these two factors, you may be eligible to contribute the max, a reduced amount, or
admin
U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hours. Dow Jones Industrial Average futures fell by 134 points, or 0.42%. S&P 500 and Nasdaq 100 futures declined 0.31% and 0.38%, respectively. A late Monday announcement from Walmart, which cut its quarterly and full-year profit estimates
The current bear market has cleared out a lot of the frothiness that had accumulated over the past few years. Several of the biggest names in the stock market are now trading at multi-year lows as investors rotate out of risky investments. Many of these stocks are trading for chump change, which is why it’s
Today I’m looking at REITs to sell now, as they have little or no income and their prospects for investors are not that good as a result. Moreover, it may take some time for these REITs, or real estate investment trusts, to revive and renew their ability to produce income for their investors. The fact
In this article TSLA 9618-HK SQSP NEM PHIA-NL PSA Check out the companies making headlines before the bell: Newmont (NEM) – The mining company’s stock slid 3.3% in premarket trading after it reported lower-than-expected second-quarter earnings. Profit was down nearly 41% from a year ago, hurt by a drop in gold prices. Squarespace (SQSP) –
If you’ve followed the equities sector for a few years now, you’ve almost certainly heard the exhortation not to catch a falling knife. Well, today, we’re going to actively dismiss that notion and consider a few Nasdaq stocks to buy on the dip. A world-famous exchange that caters toward the technology and innovation sectors, you
AirBnB (NASDAQ:ABNB) stock bounced 5% on July 4 and July 5 amid a general rally in tech stocks. It then opened on July 6 at about $95.29 per share. Looking back, though, this isn’t the best place to be if you’ve been an investor of ABNB stock. That’s less than half its February 2021 high
Disposable Income vs. Discretionary Income: An Overview Disposable income and discretionary income are key economic indicators used to gauge companies’ and individuals’ financial stability. Individuals and businesses earn income—money for providing goods or services or investing capital in assets like individual retirement accounts (IRAs). Other sources of income include pensions or Social Security. This income
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. stock futures were little changed on Sunday night, coming off a positive week for the major averages, as traders brace for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve. Dow Jones
Undoubtedly, one of the most remarkable phenomena that impacted the equities market following the coronavirus pandemic was the rise of the meme trader. Leveraging the psychology of the masses, everyday folks — often inspired by the people-versus-the-elites narrative — coordinated their efforts via social media, creating dramatic upside. Now, investors who missed the boat have
It’s safe to say the “meme stocks” phenomenon is fully in the rearview mirror. “Meme kings” like GameStop (NYSE:GME), BlackBerry (NYSE:BB) and AMC Entertainment (NYSE:AMC) have held onto a fair chunk of their “to the moon” gains. Secondary names, though? They’ve experienced the opposite, as most have tumbled to new lows. However, there may be
In this article BAC MRVL GFS KNX TFC Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock
In this article WYNN ELV NFLX BKR BIIB LVS The Netflix logo is seen on their office in Hollywood, California. Lucy Nicholson | Reuters Check out the companies making headlines in midday trading. Netflix — Shares of the streaming company popped 7.4% a day after Netflix posted a smaller-than-expected subscriber loss in the recent quarter.
Short-term investing inherently carries greater risk. It is notoriously difficult to pick winning stocks with a short time horizon. In the current market environment that is perhaps doubly true. That said, there’s no shortage of media pundits calling a market bottom currently. Despite their credentials, experience or histories of calling previous market bottoms, their guesses
Lucid Motors (NASDAQ:LCID) is a fairly new electric vehicle stock in the market. The company has been around for more than a decade but it went public in 2021 through a special purpose acquisition company, or SPAC merger with Michael Klein’s Churchill Capital Corp IV. Since then, LCID stock has seen many ups and downs. Unfortunately,
What Is Litecoin (LTC) Mining? Litecoin (LTC) is a cryptocurrency created as a fork of Bitcoin in 2011. It uses a hashing algorithm called Scrypt that requires specifically designed mining software and hardware. It is minable, and continues to rank in the top cryptocurrencies for value and trading volume. Litecoin mining is the process of
Cherise Jackson fills up her Toyota Prius after visiting six other gas stations that ran out of fuel as demand for gasoline surges following the cyberattack that crippled the Colonial Pipeline, in Durham, North Carolina, May 12, 2021. Jonathan Drake | Reuters Gasoline prices may have peaked for the summer and are now heading toward
It is counterintuitive to buy stocks when the market is in turmoil and prices are sliding to new lows every few days. But this is exactly the time for investors to be wading into the market and looking for deals. The goal is always to buy low and sell high. Right now, prices for many
There once was a time when Beyond Meat (NASDAQ:BYND) inspired confidence among investors. Lately, though, BYND stock has only provided a lesson in what can happen when initial public offering (IPO) hype fades, and all that’s left is faulty fundamentals. This isn’t to suggest that the faux meat market is defunct. There can be a high-potential
With the broad market correction and revision of growth estimates, there is a solid list of growth stocks trading at a discount. However, considering the factors of inflation and a potential recession, investors have been inclined to buy blue-chip stocks. Of course, I agree that it’s time to remain overweight on large-cap stocks that have