Dear Fix My Portfolio, I’m a retired educator, and I’m just turning 72. I’m about to start taking my required minimum distributions. I don’t need the full amount, but I guess I have to take it anyway. I don’t know when the best time is to take the RMDs. Is it best to take it
admin
In this article SIX FDX NKE RAD Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Rite Aid (RAD) – Rite Aid jumped 8.4% in the premarket after reporting a smaller-than-expected loss and revenue that beat Wall Street forecasts, helped by accelerated sales growth at its retail operations. However,
As we head into New Year 2023, we wanted to take a look at some of the top pharmaceutical blunders of the last several months. While many pharmaceutical stocks can hold immense profit potential, others can wipe out your accounts in the blink of an eye. That’s because – far too often — investors buy
As we head into New Year 2023, there are clear indications that these top nuclear energy stocks to buy will continue to be attractive. Nuclear energy is one of the few renewable resources available for us to utilize and can make a huge contribution to meet the world’s energy demands. At present, only 10% of
Dear Quentin, My brother just recently passed away in June. Instead of leaving his belongings to his siblings, he chose to donate to charity — that is, his home, furnishings and all of his remaining cash. I don’t understand why he would make such a decision. We are surprised and bewildered. He has left a
TMST and CMC are two new stocks for your aggressive growth stock radar screen. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020. Nick Oxford | File Photo | REUTERS Recessions often take everyone by surprise. There’s a very good chance the next one will
The Dec. 13 news out of the Lawrence Livermore National Laboratory that researchers produced more energy from hydrogen fusion than it used is a major breakthrough. The breakthrough renews hope that we will one day have nearly limitless, clean, carbon-free energy available. It also renews the conversation about which of the hottest hydrogen stocks investors
Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to bring down inflation. But is the worst over? Oaktree Capital Management’s Howard Marks argues that the new interest-rate environment
In this article NTNX AVO META TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past
Cathie Wood is well known to invest in stocks that are focused on technological advancements. The CEO of ARK Invest came to the limelight when Cathie Wood stocks skyrocketed in 2020. During that year, the flagship ARK Innovation ETF returned 150% as compared to 16% returns for the S&P 500 index. It goes without saying
Caroline Ellison has apologized for stealing billions in customer deposits at crypto exchange platform FTX to make bets at Alameda Research, the hedge fund she ran. “‘I am truly sorry for what I did.’” — Caroline Ellison, former head of Alameda Research Ellison made her comments in front of a judge in New York federal
Are you using the ThinkorSwim platform when trading? In this video, you will learn how to find unusual options activity in the platform. This video also aims to answer the question, why you have to look out for unusual options activity. Check this out and start earning more money from your trades! #optionstrading #tradingtips #tradingmindset
Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: DineEquity (DIN). This restaurant company recently delivered solid second quarter results, driven by the strongest same-store sales growth at its IHOP brand in over a decade. Analysts revised their estimates higher
In this article AVO NTNX TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Friday. Energy — Energy stocks outperformed on the S&P 500 following a rise in oil prices,
Before you dig deeper into the stocks to buy for 2023, the path ahead is precarious. The Federal Reserve is continuing to hike rates, likely targeting a 5% terminal rate, which we could see in 2023. Moreover, the Fed aims to hold at this terminal rate for a long time, which could put interest rates
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
In this article UAA KMX TSN MU Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. CarMax earned 24 cents per share, compared with a consensus
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
Dear Tax Guy, I have a 24-month bank CD earning 2%. The same bank is now offering 3.5%, 24-month CD. I would like to take advantage of the higher rate. I know that I would incur a 6-month interest penalty for early withdrawal. Can I deduct the interest penalty from my 1040? Seeking CD Help