Month: December 2022

Dear Fix My Portfolio,  What’s the best strategy if I plan to use my RMD for charitable contributions?  James Dear James,  You asked just in time! You have until Dec. 31 to make a qualified charitable distribution (QCD) from your IRA or other tax-deferred retirement plan and have it count toward your required minimum distribution
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Spotting multibagger penny stocks was relatively easy in 2021. The current year has been a complete reversal, though.  I believe that 2023 will be a year of careful stock selection. The index might see time correction, if not price correction. However, certain investment themes and stocks will outperform. If we look at the brighter side
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Preston Pysh talks with energy executive, Shaun Connell. They discuss how Bitcoin strengthens the grid and acts as a buffer to consume surplus baseload energy generation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:25 – How Bitcoin first got into Shaun’s life as an energy executive. 0:07:16 – What was the reaction of most
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I get this question a lot – people are always trying to figure out what broker I use or what broker they should use. When you’re first learning how to trade, it really doesn’t matter what broker you use. Get something that has good technical data, a good news feed, good execution time and good
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Who should consider owning PepsiCo (NASDAQ:PEP) stock? The answer is: a wide variety of investors. Maybe you like to collect passive income, or perhaps you want to get defensive as a recession might be approaching in 2023. If you’re looking for lightning-fast price action, this probably isn’t for you, but many cautious-minded investors can think
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After stocks surged to their best gains in three weeks following strong consumer sentiment data, Thursday is looking less spirited with equity futures in the red as we close in on the long Christmas weekend. Investors should be accustomed to that here-today-gone-tomorrow kind of trading action they’ve endured this year, as the better sessions seem
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Last Wednesday, executives at Meta Materials (NASDAQ:MMAT) finalized a bizarre transaction. In a single stroke, they converted the firm’s entire listed block of preferred MMTLP shares into untradeable common stock of Next Bridge Hydrocarbons, Inc. At first glance, the transaction seems like moving cash from one pocket into another. Meta Materials maintains full control of
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Electric-vehicle maker Tesla Inc.’s shares declined for the fourth consecutive session Wednesday, after a report of a hiring freeze and plans for layoffs. Tesla TSLA, -0.17% is planning layoffs for the first quarter and is instituting a hiring freeze, Electrek reported on Wednesday, citing a person familiar with the matter. The decision, Electrek noted, would
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