Many people believe they need at least $1 million to have a comfortable retirement. But for many Americans, reaching that milestone is unrealistic. The good news? You don’t need a seven-figure portfolio to enjoy a secure and fulfilling retirement. With strategic planning and smart financial decisions, you can retire comfortably with less than $1 million. These seven steps will help…
The stock market has historically delivered an average annual return of about 10% going back decades. To double your money in five years, you need a 15% annualized return. It can be easier to achieve than you think. To hit that rate of return, investors should focus on exceptional businesses that can maintain above-average growth for several years. Here are two elite…
Residential real estate is particularly attractive to investors during periods of stock market volatility. Real estate classes like multifamily and single-family rental property provide stable cash flow because quality housing is always in demand. Housing is not a luxury, it’s a basic human need. While other sectors like technology and consumer discretionary can see large revenue swings during turbulent times,…
To take profits effectively, you’ll need a well-structured trading plan with clear exit strategies. Set specific profit targets between 20-25% at key support and resistance levels, and use trailing stops to protect your gains. Calculate your profits by subtracting fees from the difference between selling and purchase prices. Stay disciplined with your predetermined rules and avoid emotional decisions. What strategies help decide when to take…
Sometimes, the headline numbers don’t tell the whole story. That’s definitely the case with the following two stocks. Both companies have excellent underlying growth rates in their recurring revenue, resulting in excellent cash flow generation in the coming years. As such, they represent two hidden growth stocks that would make an excellent addition to a long-term investor’s portfolio. This post…
One of President Donald Trump’s first actions in his second term was to put controversial Tesla Inc. (ticker: TSLA) CEO Elon Musk in charge of the new Department of Government Efficiency (DOGE). DOGE has been tasked with implementing aggressive federal spending cuts across several government agencies. The goal of DOGE is to streamline government operations and save taxpayer dollars, but large…
As global connectivity advances, the integration of wireless technologies like cloud computing is becoming more seamless. Once considered niche, these tech sectors are now gaining prominence in the stock market, driven by the rising demand for off-device computing. With artificial intelligence and large language models increasingly embedded in everyday devices, next-gen cloud stocks are emerging as potentially lucrative long-term holdings.…
The stock market has pulled back a bit, but the reality is that the major market indices are still within a few percentage points of their all-time highs. However, there are some excellent bargains to be found in the world of dividend stocks, some of which are doing quite well and recently announced dividend increases. With that in mind, here…
When it comes to up-and-coming stocks, it’s easy to get wide-eyed over impressive short-term performances. After all, everyone dreams of getting a piece of the next disruptor like Apple Inc. (ticker: AAPL) or Tesla Inc. (TSLA) right on the ground floor. The following seven picks are up-and-coming stocks to watch because of several factors. First, they all are valued under $15…
With over one billion people worldwide affected by obesity, the weight-loss drug market is hot. In 2024, the global market for anti-obesity medications (AOMs) surpassed $30 billion for the first time, marking a tenfold increase since 2020. With breakthrough innovations on the horizon and billions in potential sales at stake, the weight-loss drug industry is rapidly becoming one of the most transformative and investable…