There are dozens of excuses for not saving for retirement, and they all sound good. You may have a few of your own. But you know you should. Here are four good reasons to save for retirement: You don’t want to rely only on Social Security benefits after retirement. You don’t want to be a
Sometimes a stock mysteriously rises without any identifiable logic. That’s essentially what happened in the case of AeroClean Technologies (NASDAQ:AERC) stock, which rose meteorically, only to quickly plummet. Source: Maridav/ShutterStock.com It is really a very strange tale in the world of the stock market. There’s plenty of precedent in recent times for strange tales within
As someone who extensively covered cryptocurrencies during the past year, one of the concerns I had was oversaturation. Namely, it’s difficult to establish the applicability of one blockchain over another. I feel the same way about Gores Guggenheim (NASDAQ:GGPI). While the underlying electric vehicle manufacturer Polestar may look good for GGPI stock on paper, the
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Stock options gained popularity on Main Street this
In this article PAYX COIN BABA TSLA KMX A Tesla store in Beijing, China, on July 4, 2021. Costfoto | Barcroft Media | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares fell nearly 4.9% despite the used car retailer’s better-than-expected quarterly report. The company posted earnings of $1.63 per
Fitness stocks should have strong, positive catalysts heading into 2022. Amid continued signs that fear of the coronavirus is easing, despite the arrival of the omicron variant, many more Americans will likely be ready to go to gyms and yoga studios next year. Providing some evidence that worries about the virus are continuing to ease,
Inflation has been surging, including a 6.8% increase in November compared to the prior year. This was the largest year-over-year increase in nearly four decades. The Federal Reserve’s response could boost some dividend stocks. In order to help keep inflation from spiraling out of control, the Fed announced that tapering of asset purchases would likely
On today’s show, Preston and Stig talk about the impact of negative interest rate bonds and the commodity sector. Our expert guest is Marin Katusa. IN THIS EPISODE, YOU’LL LEARN: – Why the interest rates globally are headed even lower than today – Why the US dollar will appreciate – What the future relationship between
From a topical perspective, Opendoor Technologies (NASDAQ:OPEN), despite an overall challenging economic environment, offers investors reason to believe in OPEN stock. Source: Tada Images / Shutterstock.com Yes, inflation in the housing market seems well overstretched, possibly due for a correction, but then, data is king. The data shows that housing prices in the U.S. keep
Based in Delaware, popular cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) makes the world of crypto investing easily accessible. However, just because the platform is popular doesn’t mean that Wall Street is currently enamored with COIN stock. Source: OpturaDesign / Shutterstock.com Indeed, the stock has fallen under major selling pressure lately. When the tide of sentiment turns
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike jumped 3.5% in the premarket after it reported quarterly earnings of 83 cents per share, 20 cents a share above estimates. Revenue was slightly above forecasts, but the athletic footwear and apparel maker said sales were hurt by a
RumbleOn (NASDAQ:RMBL), which operates an e-commerce platform to buy and sell pre-owned vehicles, is undergoing exciting changes that could transform the company. At the end of August, RumbleOn completed its acquisition of powersports dealer RideNow in a cash-and-stock transaction valued at more than $575 million. Following the deal’s completion, RMBL stock rallied as much as 40%
AT&T (NYSE:T) stock may not have bottomed out recently at $22.17 on Dec. 15. This is despite the company’s proposed dividend cut next year. The issues with the upcoming spin-off/merger are making things highly uncertain. As a result, T stock has been struggling in the past three months. It is still down $3.41 to $24.19
Although many employers allow workers to save for retirement using qualified retirement plans, such as a 401(k), 403(b), or 457, these plans have rules that can be cumbersome for both employers and employees. Some small businesses instead choose SIMPLE (Savings Incentive Match Plan for Employees of Small Employers) IRAs. These plans have fewer rules, are
Despite its massive drop in price since last winter, there’s still a lot of optimism for Desktop Metal (NYSE:DM). Given the potential growth the additive manufacturing (3D printing) industry could see in the coming years, I understand why many may continue to give the company some slack and hold onto their positions in DM stock. Source:
QuantumScape (NYSE:QS) a development stage company focusing on the commercialization of solid-state batteries for the EV industry would like to put away as quickly as possible its stock price performance in 2021. Source: Michael Vi / Shutterstock.com At the close of the U.S. stock market on Dec. 20, 2020, QS stock price of $23.67 had
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
In this article K PFE MRNA BA NKE CTXS Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid rallied more than 16% after reporting a quarterly
The trucking industry was hit hard by the coronavirus pandemic in 2020. Since then, economic activity has improved, and freight market conditions have stabilized enough for volumes to return to normal gradually. And it’s not a moment too soon. The trucking industry has been an integral part of our economy for decades. It provides transportation
If the past few weeks is a sign of what might be coming to Wall Street, investors should get ready for a volatile 2022. In light of jittery markets and rising inflation, many investors are increasingly looking at passive income opportunities. Therefore, today I’ll discuss the seven best monthly dividend stocks for 2022. At present,