The Federal Reserve started taking actions this month that are likely to lead to lower interest rates. It just announced a 50-basis-point reduction to the federal funds rate, and there could be more cuts coming before the end of the year, especially if the U.S. economy shows further signs of slowing. For investors, a rate-cutting environment could be an opportune…
It’s sometimes easy to forget that innovation isn’t just about making shareholders money; it’s also about making the world a better place and being rewarded for it in the process. For example, the incredible increase in corn yields over the last few decades helps ensure food supply, growth in the fuel economy helps preserve the environment, and growth in oil…
One way to make money as an investor, and possibly become a millionaire or multimillionaire in the process, is to pay attention to growing trends and expanding technologies — and to invest in the companies that seem likely to dominate in those areas. Keep in mind, though, that this strategy won’t always work out as you might hope, and that…
One of the things that makes Warren Buffett such a respected investor is that he’s happy to share investment lessons with anyone interested. Buffett recently made a massive change to Berkshire Hathaway‘s (NYSE: BRK.A) (NYSE: BRK.B) portfolio. He sold around $75 billion worth of Apple (AAPL) stock, by far his largest sale of any single equity position in the company’s history. As with any decision Buffett makes, I’m sure…
Many investors rightfully identify biotech stocks as being riskier than average, and those stocks certainly have a habit of earning their reputation. Still, there are a few up-and-coming biotechs that have revenue and a clear path to generating even more in the near term, which makes them notably steadier than their earlier-stage peers that don’t yet have the certainty of…
Since no one knows what will happen at any given time in the stock market, investors are always looking for tips, guidance, and direction. What better place to find it than the portfolios of billionaire asset managers? It’s a strategy that makes sense as long as you, of course, do your own due diligence as well. After all, your strategy…
The artificial intelligence (AI) boom is reshuffling the technology industry, minting new winners and leaving others behind. International Business Machines (IBM) and Cisco Systems (CSCO) certainly looked like they were missing the AI boat over the past couple of years, but both companies now have AI strategies that are on track to bring in billions in annual revenue. Let’s take a closer look. This post originally…
Those of us who are approaching or entering retirement are likely thinking harder than ever about income. Social Security is great, but as of June, the average monthly retirement benefit was just $1,918 — about $23,000 for the year. One excellent source of retirement income is dividends. Dividend-paying companies are not wimpy compromises you might invest in instead of growth stocks. They actually…
There’s a lot of weird information on the internet about a lot of stuff. But boy, does it love get-rich-quick schemes that promise you’ll make a bunch of money while doing almost nothing. The truth, of course, is a lot different. What you end up with is a system that doesn’t work, an extra job that wastes your precious time,…
The easiest way to build wealth is to find great companies, hold them for years, and let them grow over time. The consumer goods sector is one of my favorite spots to find such companies. Their pricing power, consumer-facing products, and recognizable brands make consumer goods companies a fit for just about anyone. But stocks aren’t created equally; that’s why…