Category: Investments

It wasn’t a September to remember – unless you were a short seller, that is. If August was a weak month for large-cap stocks, September was downright anemic. Is this a prelude to a bumpy fourth-quarter ride, then? Not necessarily. Recency bias might lead stock traders to fear that bad months will follow bad months,...

Social Security is usually believed to be a primary source of income for retirees, but it could prove a lifeline for children as well if one or both of their parents retire, become disabled or die. Such children can receive benefits from the Social Security Administration (SSA) as long as one parent is entitled to...

For investors who recall the real-estate collapse of 2008, chatter of a looming housing-market crash in 2023 brings back unsettling memories and palpable fears. Thus, the trillion-dollar question hangs like a dark cloud: Could sky-high mortgage rates decimate American home values and implode real-estate stock prices? As usual, the answer is never cut-and-dried. Still, value...

Nike Inc. (NYSE:NKE) reported better-than-feared results to send its shares soaring in Friday trading. The company’s profit figures exceeded low expectations, mostly driven by margin improvements. Nike also reaffirmed its guidance for the full fiscal year. Analysts are likely to view these results as favorable, especially in light of prevailing negative investor sentiment. This is...

After months of discussion, the Massachusetts tax relief bill is finally nearing becoming a law. The proposed $1 billion Massachusetts tax relief bill has something for all, including renters, individuals, families and seniors. The new child tax credit from Massachusetts is the centerpiece of this massive tax relief bill. It not only raises the child...

Gary Vaynerchuk is one of the earliest adopters of the internet and social media. He built a social media following that became one of his most lucrative streams of income. In the 1990s, he took over his family’s wine business and took it online. In 2006, he launched a daily webcast. He co-founded a digital...

Daymond John is a self-made American millionaire with a massive net worth of $350 million. He is also an author and motivational speaker. John is among the richest investors in the ABC reality TV show Shark Tank. He is famous for founding one of the most popular American hip-hop clothing companies, Fubu. Are you curious...

Some Illinois residents could receive a $5,000 check, thanks to the Illinois Unclaimed Property program. All they need to do is check their mailboxes regularly to ensure they don’t miss a letter and $5,000 check from the state treasurer’s office. Illinois Unclaimed Property Program: What Is It? According to the state treasurer’s website, the state...

Key Points Amazon is investing up to $4 billion in generative AI firm Anthropic, a ChatGPT rival. While Amazon has used AI for various applications, this investment signals a more significant move into the AI space. Amazon joins other big tech companies like Alphabet and Microsoft in investing in Anthropic. 5 stocks we like better...

Key Points Clorox’s forward dividend yield is now the highest it has been since 2011 and at 3.6% is nearly twice the consumer products sector average. Clorox’s recent underperformance is mainly about inflation and rising interest rates that can cause consumers to trade down from branded products to generics. CLX is trading at 23x forward...