Over the past 25 to 30 years there has been a major shift in retirement plan schemes offered by private-sector employers, from the traditional defined-benefit plan (DB plan) to the more contemporary defined-contribution plan (DC plan). Traditional DB plans, commonly referred to as pensions, typically provide a guaranteed monthly income to employees when they retire
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In 2021, companies within the fintech sector raised well over $120 billion. Roughly $1 out of every $5 of venture capital funding went to a fintech startup. Clearly, many large investors were enthusiastic about fintech firms. For those who also want to get on this bandwagon, I will present seven fintech stocks to buy for
It is probably the right time for you to think about some marijuana stocks to sell. Marijuana stocks have been a massive downer this year. The selloff in risky stocks has been particularly hard on the marijuana sector. One of the leading funds tracking the sector is the AdvisorShares Pure Cannabis ETF, which has lost
The Consumer Financial Protection Bureau (CFPB) released its 2021 Mortgage Market Activity and Trends report on Monday, which covers residential mortgage lending activity and trends for the year. In particular, the report shows that an increase in activity was driven primarily by home purchase loans, signaling an end to the refinancing boom, and that the
This year has been a particularly rough year for growth stocks. The severe macroeconomic climate has led to a broad risk-off investment sentiment, forcing investors toward defensive plays. On the positive side, there are plenty of opportunities to buy well-known growth names at discounted valuations. For example, the Vanguard Growth ETF (NYSEARCA:VUG), one of the largest
Oil exchange-traded funds (ETFs) offer direct access to the oil market by tracking the price of oil as a commodity. This approach is different from investing in funds that own a portfolio of oil stocks. There is potential for significant returns through investing in the oil sector, but the risks remain high due to the
It’s not what the Federal Reserve does, but what it says it could do in the future that will be most crucial when the central bank ends its two-day meeting Wednesday. The Fed is expected to fire off another three-quarter point rate hike — its third in a row. It will also release quarterly forecasts
Years ago, I heard Leon Cooperman, widely viewed as a legendary investors, say that there are two types of stock investors: those who like to find stocks to buy that are rising and those who like to buy equities on weakness. Usually, I’m in the latter group. Once in a while, however, I do like
After his attempt at a dot-com company failed, Nicholas Woodman traveled to Australia and Indonesia. While he was abroad, he realized that he could sell waterproof cameras. In 2002, Woodman founded Woodman Labs, the parent company of GoPro (GPRO). GoPro makes some of the most versatile cameras in the world. These products are capable of
In this article GM F LVS NVAX MRNA BNTX Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Change Healthcare – Shares of Change
[Editor’s note: “Grab Rivian Stock Before it Really Heats Up” was previously published in July 2022. It has since been updated to include the most relevant information available.] As an investor, it’s great to see the stocks that I love outperforming the broader market. And it’s especially great to see when the market has been
There are a number of reasons to consider a Roth individual retirement account (IRA) rollover, which moves funds from an existing traditional IRA (or another retirement account) into a Roth IRA. A Roth conversion is especially attractive if you expect your future tax rate to be higher than your current rate. And if your earnings
With technology-focused companies suffering a disproportionate beating during the present market rout, diving into Nasdaq stocks to buy seems risky. After all, the Nasdaq Composite has sustained a loss of 27% since the start of the year, far wider than the other two major indices. Nevertheless, daring contrarians should consider the compelling discounts on tap.
On September 20, Nasdaq (NDAQ) announced the launch of “Nasdaq Digital Assets,” a new business that will provide a cryptocurrency custody service to institutional investors. Key Takeaways Nasdaq competes with established crypto players such as Coinbase to attract institutional investors. The stock market operator offers crypto custody as well as expands its services. It has
At long last, Rumble (NASDAQ:RUM) has finalized its reverse merger with CF Acquisition VI. This means that CFVI stock is gone, and RUM stock is trading in its place. This is a major change, but investors shouldn’t be alarmed. In fact, they may choose to hold their share positions in Rumble. What’s Happening With RUM
Investors are always on the lookout for stocks about to break out, but they can be tough to find. Let’s just come out and say it: Last week was not a good week for equities. On Tuesday, the S&P 500 fell by more than 4% after the monthly inflation report came in hotter than expected.
Once you are finally ready to make payments on your student loans, it might seem like a pretty straightforward thing to do—just start paying, right? But depending on when you pay and even when you don’t pay, you can get burned and end up owing your lender way more money than you assumed you would.
Take a look at some of the biggest movers in the premarket: Ford (F) – The automaker’s stock fell 4.5% in the premarket after it warned that quarterly earnings would take a hit of about $1 billion from increased supplier costs and parts shortages. Those factors contributed to a shortfall in finished vehicles ready to
Football season is officially underway and this year is expected to be huge for sports betting stocks, particularly for wagers placed online. Since 2018, a total of 30 U.S. states have legalized sports betting, including 21 states that now allow online betting. Governments have warmed to sports betting as they see it as a way
The oil and gas penny stock universe is composed of small companies involved in the exploration, extraction, refining, and transportation of oil and gas products. These stocks typically trade below $5 per share. The oil and gas industry also includes companies that provide drilling and well maintenance services. Some examples of these penny stocks include Kosmos Energy Ltd., Abraxas