Category: Investments

The age-old principle of “know what you own” certainly applies to the world of stocks. However, this doesn’t necessarily preclude investors in the Western hemisphere from thinking outside the box and giving international stocks a try. Granted, it requires an extra measure of due diligence to invest in companies located abroad. China presents particular challenges...

As the electric vehicle (EV) race heats up, Tesla (NASDAQ:TSLA) is clearly in pole position, but a slew of start-ups are vying for second place. Among the most talked-about contenders is Lucid Group (NASDAQ:LCID), a California-based EV manufacturer with international ambitions. Unfortunately for Lucid and its stockholders, ambitions don’t always translate to share-price appreciation. With...

Better-than-expected retail sales figures in September sent several retail stocks higher on Tuesday. The Census Bureau’s monthly retail sales report showed a 0.7% increase in retail and food services in September to $704.9 billion, exceeding the projected 0.3% increase. This is the sixth straight month of retail sales growth, showing the resilience of consumers in...

Charles Schwab (NASDAQ:SCHW), the financial services and brokerage giant, topped third-quarter earnings estimates as its stock price surged 5.8% Monday after the earnings release. However, Schwab’s stock price is down about 35% year to date, and its earnings and revenue were significantly lower than they were in the same quarter a year ago. Will Schwab...

Shiller quantified what was previously thought to be non-quantifiable. That’s the advance. That’s the breakthrough. That’s the revolution. Every investor with sense has always known that stock prices were affected both by rational factors (economic developments) and by emotional factors (investors getting overly optimistic or overly pessimistic and sending prices to places not justified by...

Individuals and businesses affected by the Hamas and Israel war will qualify for tax relief from the IRS. This tax relief for taxpayers impacted by terrorist attacks in Israel is not just limited to eligible taxpayers in Israel, but also eligible taxpayers in the Gaza Strip and the West Bank. Who qualifies for tax relief...

Jamie Dimon, the famous CEO of JPMorgan Chase (NYSE:JPM), recently offered an ominous assessment of planet Earth’s current predicament. “This may be the most dangerous time the world has seen in decades,” he proclaimed. Adding to the sense of fear and loathing, Dimon added, “We know there are going to be bad times,” and concerning...

A couple of surveys came out in recent weeks that revealed major concerns among Americans about saving and investing for retirement. Last week, an analysis by Charles Schwab (NYSE:SCHW) found that the majority of Gen Z workers between the ages of 21 and 26 want to retire at age 61 but are concerned about their...

The S&P 500 had another positive week last week, ticking up by about 0.4% to 4,329 as of the market close last Friday. It was the second straight week of gains for the S&P 500, which had gained about 0.5% the previous week. The benchmark is up by about 12.7% year to date as of...

Governor Glenn Youngkin is encouraging taxpayers to file their taxes in order to claim the one-time tax rebate check from Virginia. This one-time tax rebate was part of the state budget, offering up to $400 to eligible residents who file their taxes by November 1 and had a 2022 state tax liability. Tax rebate check...