Dear Quentin, Several years before my father’s death, he offered my two siblings and myself each an early “cash gift” from his estate in the amount of whatever the maximum non-taxable amount was at the time. He was an active investor and offered the gift in the form of the stock instead of cash. My
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Shoals Technologies Group (SHLS) stock offers exposure to the solar industry, but in a different way than many other investments. The share price is far from its peak, but a Wall Street expert offers an encouraging outlook. Investors with strong appetites for risk should bulk up their renewables market holdings with shares of Shoals. Headquartered
Dear MarketWatch, I am 67 years old, single and retired at 66. After taxes, I receive $3,100 per month from a pension. After taxes and my Part B Medicare payment, I receive $2,100 per month from Social Security. I have approximately $100,000 in mutual funds/savings accounts and $500,000 in my 401(k) account. I am able
Shares of Roblox Corp. (NYSE:RBLX) have been clobbered. Since November, the gaming stock fell from a high of $141.60 to a low of $36.04. All thanks to earnings, lowered price targets and downgrades. While the company reported a record number of daily active users, it also posted a wider than expected loss of $143.3 million,
Unquestionably, the best time to retire is after you have saved up more money than you will ever need. But not everybody can do that. If you are one of those people, then this article is for you. In order to retire with savings that may be adequate (though not necessarily ample), you’ve got to
Spotify (SPOT) stock is resembling Netflix, and in 2022 that’s not good. In a world filled with podcasts, the company’s flywheel growth strategy is not a sure thing. Keep SPOT stock on your watchlist for now. Source: Kaspars Grinvalds / Shutterstock.com It’s lonely at the top. That’s how I look at the state of Spotify
Dear MarketWatch, I am a 51-year-old married woman and planning to semi-retire at 62 and fully retire at 65. My husband and I are starting to think about places that we would consider retiring to and then visiting many of them over the next 10 years. Some of the things we are looking for include:
On paper, the narrative for Imperial Petroleum (IMPP) stock appears cynically positive. While crude oil is back in the spotlight, that’s also the problem. It might be good for a cautious bet for speculators. Source: Shutterstock Like the coronavirus pandemic, nobody in their right mind supported Russia’s dangerous decision to invade neighboring Ukraine — which
Will Smith on Friday said he has resigned from the Academy of Motion Picture Arts and Sciences, five days after hitting Chris Rock, in a stunning moment during the 94th Academy Awards ceremony, where he also refused to leave the proceedings after being asked to do so. “ ‘I deprived other nominees and winners of their
Bears are justifiably betting against Opendoor Opendoor (OPEN) has a strong distribution model in real estate Expect continued customer growth Source: Tada Images / Shutterstock.com After the Nasdaq’s bubble popped slightly, speculators that followed online residential real estate are having second thoughts. Opendoor Technologies (NASDAQ:OPEN) is one of such firms trading at lows for the
Hi, MarketWatchers. Don’t miss these top stories. Real Estate of the Theranos Scandal: Here’s Where Elizabeth Holmes Calls Home It’s a fascinating time for those who have been following the rise and fall of Theranos, a now-discredited blood-testing startup founded by Elizabeth Holmes. Read More Chautauqua is the hidden New York vacation town you’ve never
Novavax stock (NVAX) struggles to gain traction without an EUA for Nuvaxovid Even if the company gets approval, its protein vaccine may not reduce vaccine hesitancy NVAX stock may be a stock for risk-tolerant investors to keep on their watchlist Source: vovidzha / Shutterstock.com If I had to choose one word to describe Novavax (NASDAQ:NVAX)
Gold futures lost ground early Friday and were headed for a weekly loss as Treasury yields jumped to kick off April and the second quarter. Gold for June delivery GC00, -1.10% GCM22, -1.10% fell $24.50, or 1.3%, to $1,929.50 an ounce on Comex. May silver SIK22, -1.19% fell 36.3 cents, or 1.4%, to $24.77 an
The Biden administration is considering extending the pandemic pause for federally-backed student loans beyond May 1 SoFi Technologies (NASDAQ:SOFI) CEO Anthony Noto believes it will do more harm than good Investors shouldn’t worry about what this means for SOFI stock In early March, White House Chief of Staff Ron Klain stated that President Biden might
Ford Motor Co. will pause production next week at a Michigan plant that produces Mustangs due to the ongoing chip shortage. “The global semiconductor shortage continues to affect Ford’s North American plants,” the auto maker said in a statement Thursday. “Behind the scenes, we have teams working on how to maximize production, with a continued commitment
By now, I’m sure you’ve heard of the metaverse and stocks like Matterport (NASDAQ: MTTR). CNBC contributor Sam Shead explains the metaverse is “a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in
Oil prices slumped early Thursday, as traders absorbed reports that the U.S. is planning a hefty release of crude reserves, hours ahead of an OPEC+ meeting outcome. Price action West Texas Intermediate crude for May delivery CL.1, -4.22% CL00, -4.22% CLK22, -4.22% fell $4.67, or 4.3%, to $103.09 a barrel. The contract climbed 3.4% on
If real estate is part of your investment portfolio, you’ve probably done really well in recent years. But that doesn’t mean that Zillow Group (NASDAQ:ZG) stock will be a solid pick in the next few quarters. Source: OpturaDesign / Shutterstock.com The coming months look to be challenging for Zillow and the housing industry after a
Waymo has started offering free rides in its autonomous cars — with no one behind the wheel — in San Francisco. “This morning in San Francisco, a fully autonomous all-electric Jaguar I-PACE, with no human driver behind the wheel, picked up a Waymo engineer to get their morning coffee and go to work,” the company
Ark Investment Management fully exited its Palantir Technologies (PLTR) position in March. Cathie Wood’s firm held more than 30 million shares in early February. The portfolio manager’s exit should not influence your decision about the company. Source: Spyro the Dragon / Shutterstock.com It’s been a couple of weeks since star portfolio manager Cathie Wood fully