Author: News Room
This article was written byFollowEquity research with an emphasis on intrinsic value. We prioritize undervalued and growing companies, preferably in the early stages of their development. We have an internal wishlist – message us a ticker or write it in comment sections.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with…
Social Security is more confusing than ever. Myths abound. Below, you’ll find a complete set of 25 facts to help you understand Social Security and its benefits more than ever. These are facts that I hope you can save and use now or in the future. You are always paid your own benefit first no matter what benefit you are receiving. If you have been divorced for more than 2 years, both of you are at least 62 and you qualify for ex-spousal benefits, you can receive benefits even though your ex-spouse is not receiving their benefit, you are considered…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South Korean investigators are attempting to arrest President Yoon Suk Yeol as part of a probe into alleged treason and abuse of power after his failed attempt last month to impose martial law.About 30 investigators from the Corruption Investigation Office for High-ranking Officials and 120 police officers entered Yoon’s residence in central Seoul early on Friday, said the state-run Yonhap News Agency. The head of the Presidential Security Service was not allowing investigators and police to search Yoon’s residence, it added.Hundreds of…
This article was written byFollowOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from…
Mortgage rates are up for a third straight week to the highest since July, further hindering demand in the already-stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.91%, up from last week’s reading of 6.85%. The average rate on a 30-year loan was 6.62% a year ago. “Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months,” said Sam Khater, Freddie Mac’s chief economist. “Compared to this time last year, rates are elevated and the…
Shortly After Midnight On New Year’s Eve, 229 Americans Have Already Paid Their Social Security Tax Earnings over $176,100 per year, which is the cap on earnings taxed by Social Security, escape tax. A civil engineer earning $176,100 per year looks the same as Elon Musk in the eyes of the Social Security system. According to public data on Musk’s income, 15 minutes past midnight on New Year’s Eve, he likely has paid all of his Social Security tax on earnings from Tesla. If all of Musk’s income was taxed, he would have been able to pay all his Social…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe FBI is investigating an “act of terrorism” after at least 15 people were killed and 35 injured early on Wednesday when a man drove a pick-up truck into a large crowd in the heart of New Orleans.President Joe Biden on Wednesday night said authorities were also investigating the explosion of a Tesla Cybertruck outside the Trump hotel in Las Vegas to see if it was related to the attack in New Orleans.The FBI identified the suspect in the New…
This article was written byFollowFinancial analyst by day and a seasoned investor by passion, I’ve been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles – seeking out high quality dividend stocks, and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a…
Don’t Let Your 529 Go To Waste If you set up a 529 education plan for your children or grandchildren that is no longer needed for education expenses, there is a new game in town. (Enacted as part of the SECURE 2.0 Act). You can now transfer money to a Roth IRA for the beneficiary without triggering an income tax (or penalty) on the withdrawal from the 529 — as long as you follow the rules. The act sets out six key points 1) 15 years The 529 account must have been opened for 15 years before the rollover can…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldBank of America and Citigroup on Tuesday said they were quitting the world’s largest climate alliance for banks, the latest sign corporate America may retreat from climate goals during Donald Trump’s second term as US president.BofA and Citi are the latest large US lenders to exit the Net-Zero Banking Alliance this month, following Goldman Sachs and Wells Fargo. The UN-backed climate pledge, which Citi helped launch in 2021, was hailed as a major step towards reducing global warming by limiting…
